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Accountant

Hi, we’re Gravie, and we are building the health plan of the future. For the past few decades, the health insurance industry has evolved to serve the needs of employers, insurance companies, brokers, and (sometimes) doctors and hospitals. The needs of the consumer, however, have largely been left out of the equation. We’re changing that. We are rebuilding the entire health insurance stack, with the consumer as the central focus. Our goal is to create a health plan that people can love.

 

A Little More About the Job:

 

We’re looking for an Accountant to join our Finance team. This individual will be primarily focused on our monthly close process and maintaining our cash accounts. In addition to playing a critical part in ensuring that all financial transactions are recorded accurately, this individual will also participate in implementing critical policies, procedures and tools needed for the success of the team and Gravie. 

  

You will:

·       Assist in the monthly close process for Gravie, Inc. and all its subsidiaries.

·       Record daily cash transactions.

·       Prepare bank reconciliations.

·       Collaborate with the Financial Operations team to ensure the source reporting of financial transactions is accurate and timely.

·       Prepare variance or flux analysis for areas of responsibility.

·       Provide support for the accounts payable process.

·       Participate in the implementation of Finance tools.

·       Identify opportunities for continuous improvement and proactively implement solutions that will enhance the Finance department. 

·       Demonstrate commitment to our core competencies of being authentic, curious, creative, empathetic and outcome oriented.

·       Assist in ad-hoc projects as needed.

 

You bring:

·       Bachelor’s degree in accounting and 1 year of relevant experience

·       Organizational, analytical, and detail-oriented skills

·       Able to work in a fast-paced environment

·       Energetic, positive, and self-motivated attitude

·       Proficient in Microsoft Excel

 

Extra credit:

·       CPA

·       Public Accounting Experience

·       Previous health care experience

·       Experience with NetSuite and Concur

 

Gravie: 

 

In order to transform health insurance and build a health plan everyone can love, we need talented people doing amazing work. In exchange, we offer a great overall employee experience with opportunities for career growth, meaningful mission-driven work, and an above average total rewards package.

 

The salary range for this position is $56,300 - $93,900 annually. Numerous factors including, but not limited to, educations, skills, work experience, certifications, etc. will be considered when determining compensation.

 

Our unique benefits program is the gravy, i.e., the special sauce that sets our compensation package apart. In addition to standard health and wellness benefits, Gravie’s package includes alternative medicine coverage, flexible PTO, up to 16 weeks paid parental leave, paid holidays, a 401k program, cell phone reimbursement, transportation perks, education reimbursement, and 1 week of paid paw-ternity leave. 

 

A Little More About Us:

·       We know healthcare. Our company was founded and is still led by industry veterans who have started and grown several market-leading companies in the space.

·       We have raised money from top tier investors who share the same long-term vision as we do of building an industry defining company that will endure over the long run. We are well capitalized.

·       Our customers like us. Our revenue churn is in the low single digits, in an industry where greater than 20% churn is common.

·       Our culture is unique. We tend to be non-hierarchical, merit-driven, opinionated but kind people who thrive working in a high-performance, fast-paced environment. People at Gravie care deeply about making a positive impact in the lives of the people we serve. We may not be the right place for everybody, but if you get energized by doing work every day that focuses on putting consumers at the front of the line, we could be a great place for you. It takes unique people and diverse perspectives to deliver our results. We encourage you to be your authentic self – we like you that way.

 


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$56300K
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What You Should Know About Accountant, Gravie

Hello from Gravie! We're on a mission to redefine health insurance, aiming to create a plan that everyone can truly appreciate. If you’re an Accountant eager to make a significant impact and drive real change, we have the perfect role for you in our dynamic Finance team based in Minneapolis, MN. As an Accountant, you’ll play a critical role in our monthly close process and managing our cash accounts. Your responsibilities will range from recording daily cash transactions and preparing bank reconciliations to collaborating with our Financial Operations team to ensure the accuracy and timeliness of our financial reporting. You’ll also contribute to variance analysis and assist in our accounts payable processes. We’re looking for someone who’s not only detail-oriented but also passionate about identifying opportunities for improvement within the Finance department. Your input will help shape the policies and procedures that are pivotal for our team's success. At Gravie, we really value traits like curiosity, authenticity, and creativity – we believe they lead to the most outstanding outcomes. If you hold a bachelor’s degree in accounting with at least a year of relevant experience, and have a knack for Excel, we’d love to hear from you! Join us to help usher in a new era of health insurance that truly puts consumers first!

Frequently Asked Questions (FAQs) for Accountant Role at Gravie
What does an Accountant at Gravie do?

An Accountant at Gravie is primarily responsible for assisting in the monthly close process, managing cash accounts, recording daily cash transactions, preparing bank reconciliations, collaborating with the Financial Operations team, and ensuring accurate financial reporting. This role also involves supporting accounts payable processes and implementing finance tools that enhance departmental efficiency.

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What qualifications are required for the Accountant position at Gravie?

To qualify for the Accountant role at Gravie, candidates need to possess a bachelor’s degree in accounting along with at least one year of relevant experience. Strong organizational, analytical, and detail-oriented skills are essential, alongside proficiency in Microsoft Excel. Additional qualifications that can help your application include a CPA, public accounting experience, and familiarity with industry-related software like NetSuite and Concur.

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What are the key responsibilities of the Accountant at Gravie?

Key responsibilities of the Accountant at Gravie include assisting with month-end close activities, recording cash transactions, preparing bank reconciliations, conducting variance analysis, supporting accounts payable, and identifying opportunities for process improvements to streamline operations within the finance department.

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What skills should an Accountant have to succeed at Gravie?

An ideal Accountant at Gravie should possess strong organizational and analytical skills, attention to detail, and the ability to thrive in a fast-paced environment. An energetic and positive attitude combined with self-motivation will significantly contribute to your success in this role.

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What are the perks of working as an Accountant at Gravie?

Working as an Accountant at Gravie comes with numerous perks, including a competitive salary range of $56,300 - $93,900 annually, flexible PTO, comprehensive health benefits, and unique offerings like alternative medicine coverage, paid parental leave, and a positive work culture prioritizing personal impact and growth.

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Common Interview Questions for Accountant
Can you describe your experience with monthly closing processes?

When answering this question, share specific examples of your involvement in monthly closes, including tasks you executed, challenges you faced, and results you achieved. Highlight your attention to detail and organizational skills.

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How do you ensure accuracy when recording financial transactions?

Discuss your methods for maintaining accuracy, such as using checklists, reconciling data regularly, and utilizing software tools. Sharing examples of how these practices have led to error reduction in past roles can bolster your response.

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What software tools are you proficient in that relate to accounting?

Be specific about software tools you've used, like Microsoft Excel, NetSuite, or Concur. Explain how your skills with these tools help you manage tasks more efficiently and accurately in your accounting responsibilities.

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Describe a time you identified an opportunity for improvement in a financial process.

Use the STAR method (Situation, Task, Action, Result) to structure your response. Share the context where you discovered a process inefficiency, the steps you took to propose and implement changes, and the positive outcome that followed.

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How do you handle tight deadlines during busy financial periods?

Discuss your time management strategies, such as prioritizing tasks, breaking projects into manageable parts, or using project management tools. Providing an example will make your answer more relatable and memorable.

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What do you think is the most challenging aspect of being an accountant?

Reflect on a genuine aspect of accounting that challenges you, whether it's keeping up with regulatory changes or managing workload during peak periods. Convey how you successfully navigate these challenges and any steps you take for continuous improvement.

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How do you prioritize your workload when you have multiple responsibilities?

Explain your approach to prioritizing tasks based on urgency and importance. You can also mention any tools you use or techniques you've learned to stay organized and ensure deadlines are met without sacrificing quality.

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Why do you want to work for Gravie?

Articulate your alignment with Gravie's mission of transforming health insurance and your enthusiasm for joining a company that prioritizes consumer-centered values. Relate your skills and experiences to the company's needs to show you're a great fit.

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How do you stay current with accounting regulations and best practices?

Discuss the resources you utilize, such as relevant publications, webinars, or professional organizations. Emphasize your commitment to professional development and how it helps you bring value to your role.

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What role does teamwork play in your accounting processes?

Share how collaboration with colleagues aids your accounting success. Use examples demonstrating your ability to work in a team, share responsibilities, and communicate effectively within the finance department.

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Gravie is a fast-growing health benefits company headquartered in Minneapolis, Minnesota. We offer health plans that cover 100% of costs on the most common healthcare services.

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Full-time, on-site
DATE POSTED
January 13, 2025

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