Senior Accountant (Capitalized Software Accounting)

Teladoc Health is a global, whole person care company made up of a diverse community of people dedicated to transforming the healthcare experience. As an employee, you’re empowered to show up every day as your most authentic self and be a part of something bigger – thriving both personally and professionally. Together, let’s empower people everywhere to live their healthiest lives.

Summary of Position

We are seeking a detail-oriented and experienced Senior Accountant to join our Finance team, with a specialized focus on capitalized software accounting. This role is critical in ensuring the accurate tracking, capitalization, and amortization of internally developed software costs in accordance with US GAAP and company policy. The ideal candidate will have a strong understanding of software development processes, capitalization rules (ASC 350-40), and experience working cross-functionally with engineering and product teams.

Essential Duties and Responsibilities

• Accurately prepare complex spreadsheets to prepare capitalization calculations for internally developed software for employees and contractors based on eligible work allocations and compensation/third party cost data.

• Prepare spreadsheets to accurately track capitalized software costs for amortization purposes.

• Accurately prepare accruals, journal entries, balance sheet and P&L reconciliations as part of the monthly, quarterly and annual close process

• Maintain and balance accounts by verifying, allocating, posting, and reconciling transactions  

• Assist with ongoing account reconciliation and specific projects, ensuring that general ledger accounts are resolved and reconciled

• Act as Control Owner for critical SOX control procedures covering capitalized software.

• Prepare schedules and documentation for external audit and various ad hoc and special projects

• Assist in the preparation of footnote disclosures for capitalized software in financial statements.

• Work with IT partners and consultants to pursue automation opportunities to reduce manual work.

• Identify and implement process improvements to help reduce time to close and improve upon accuracy of underlying accounting records.

• Continuously improve the effectiveness and efficiency of Teladoc’s accounting processes

• Effectively interact with senior management, external auditors, and various internal departments.

Qualifications Required

• Bachelor’s degree in Accounting, Finance, or related field

• 6+ years of progressive accounting experience, with at least 2 years focused on capitalized software and cloud computing in a SAAS or technology public company

• Intermediate to advanced Excel skills

• Excellent knowledge of accounting principles and practices (U.S .GAAP), with an expertise in ASC 350-40 (Internal-Use Software) and and  internal controls, GL account analyses and financial statement reconciliations

• The ability to research and apply fundamental accounting theories and concepts under US GAAP

• Strong analytical abilities

• Excellent oral and written communication skills and strong interpersonal skills

• Strong project management and organizational skills

• The ability to manage multiple priorities in a fast-paced environment and produce under pressure

Qualifications Preferred

• Experience with a Big 4 or regional accounting firm is a plus

• Corporate accounting and GL close experience

• Experience with ERP systems (Oracle a plus) and project tracking tools (i.e., Jira)

Why Join Teladoc Health?

A New Category in Healthcare:  Teladoc Health is transforming the healthcare experience and empowering people everywhere to live healthier lives.  

Our Work Truly Matters: Recognized as the world leader in whole-person virtual care, Teladoc Health uses proprietary health signals and personalized interactions to drive better health outcomes across the full continuum of care, at every stage in a person’s health journey.  

Make an Impact: In more than 175 countries and ranked Best in KLAS for Virtual Care Platforms in 2020, Teladoc Health leverages more than a decade of expertise and data-driven insights to meet the growing virtual care needs of consumers and healthcare professionals.  

Focus on PEOPLE:  Teladoc Health has been recognized as a top employer by numerous media and professional organizations. Talented, passionate individuals make the difference, in this fast-moving, collaborative, and inspiring environment. 

Diversity and Inclusion:  At Teladoc Health we believe that personal and professional diversity is the key to innovation. We hire based solely on your strengths and qualifications, and the way in which those strengths can directly contribute to your success in your new position.  

Growth and Innovation:  We’ve already made healthcare yet remain on the threshold of very big things. Come grow with us and support our mission to make a tangible difference in the lives of our Members.  

As an Equal Opportunity Employer, we never have and never will discriminate against any job candidate or employee due to age, race, religion, color, ethnicity, national origin, gender, gender identity/expression, sexual orientation, membership in an employee organization, medical condition, family history, genetic information, veteran status, marital status, parental status or pregnancy.