Remote Accountant, New Ventures (Work from Home)

Job Responsibilities : Remote Accountant, New Ventures (Work from Home)

Salary : Competitive Salary

Company : Truepill


At Truepill, we are transforming consumer healthcare. Through our digital health platform, we empower our partners to deliver world-class healthcare experiences. With over 10 million prescriptions shipped and a valuation of $1.6 billion, we are proud to work with many of the world’s largest healthcare organizations. We never settle for how it’s done today.

We invent how it will be done tomorrow.
None of this is possible without the right team driving us forward. We are committed to creating an environment focused on racial and gender equality, inclusion, empowerment and respect. We believe that when our teams feel supported and inspired, they turn that creativity into innovation. The type of innovation that benefits all of our people, our partners, and consumers.
We encourage our team members to expand their horizons and bring their passion and curiosity to work, every day. Come join us. Let’s build something great together.

This position is responsible for monitoring, reporting, and driving financial performance and compliance of critical components of Truepill’s pharmacy business. Duties of this position include monitoring fiscal performance, budget and contract management, budget preparation, invoicing, and financial reporting. Responsible for business performance in drug product contracting, payer contracting, 340B program optimization, and pharmacy IS and other vendor contract management.

This position will be responsible for auditing invoices and accounts to confirm contract terms are adhered to by payers, wholesalers, and other vendors while working with clinical and non-clinical staff members to optimize operational and cost efficiencies wherever possible. The ideal candidate will possess  thorough knowledge of the regulatory environment as it relates to health care reimbursement compliance and contract management. Requires discretion and judgment to organize priorities, complete tasks and handle confidential information.

Roles and Responsibilities
Support creation of annual operating budgets
Analyze actual performance vs budget and manage periodic reporting to leadership team
Analyzes, monitors, and reports on financial performance both internal to Truepill and within the Covered Entity (CE) partners
Manages onsite pharmacy cost centers and prepares monthly reports of budget variances, month-end close, and compiles income statements

Maintains the charge master Operationalizes administration of the CE’s sliding fee scale and works out the flow of funds with the CE
Drug and Vendor Contracting
Reviews contracts negotiated with the onsite pharmacy leads

Manages and supports contracting efforts across all pharmacy service lines, including, but not limited to, third party payers, wholesalers, IS services vendors, and 340B contract pharmacies.
Contracts for Accounting impact and ensures transactions are recorded reflective of those terms.
Auditing and Accounting
Directly oversees the onsite pharmacy charges and revenue and ensures they are properly recorded as a part of the month-end close process.

Monitors, tracks, and presents on all financial activities and performance of all service lines and ensures entries are made to reflect this activity as a part of the month-end close process.
Records accruals as necessary.
Partners with the A/R team to oversee the invoicing and appropriate assignment to cost centers
Performs trend analysis and other business performance reviews
Supports the identification, evaluation, and implementation of strategies to manage drug spend as well as evaluating economics for any new programs and services proposed
Provides oversight of compliance to accepted standards of receipt and accounting for products

Bachelor’s degree in an accounting related field or commensurate experience required
3+ years of progressive accounting experience and 4+ years of general accounting experience required
Experience in healthcare industry preferred
Strong written and verbal communication skills
CPA achieved or working towards a CPA is preferred

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