Senior Accountant

Teladoc Health•Ottawa, ON

83d•Hybrid

About The Position

Teladoc Health is the global virtual care leader, offering comprehensive virtual care solutions spanning virtual care including primary, mental health, expert medical, devices and licensed platform services. Teladoc Health serves the world's leading insurers, employers, and health systems and helps millions of people around the world resolve their healthcare needs with confidence. Serving over 9 million Canadians, Teladoc Health has been in Canada for more than 20 years and operates in 175 countries world-wide. Summary of Position The Senior Accountant is responsible in assisting in the financial operations and record-keeping of the organizations. They help maintain an accurate financial record, prepare monthly financial statements in a timely manner, process accruals and journal entries. This role also ensures compliance with accounting principles and regulations, including maintain up to date SOX documentations for audit purposes. They will collaborate often with other Finance departments (A/P, A/R, and local G/L/FP&A teams) and internal stakeholders on financial close and key strategic initiatives to improve financial results. The Senior Accountant has a continuous improvement mindset and will lead projects and assist with ad-hoc requests to meet deliverables for the Finance team, as needed

Requirements

Bachelor’s Degree in Accounting/Commerce.
Actively pursuing CPA designation/CPA designated.
3-5 years of practical full cycle accounting experience
Excellent verbal and written communication skills, with strong analytical and critical thinking ability
Superior organizational and time management skills
Ability to manage competing priorities under pressure/fast paced environment
Continuous improvement mindset with ability to automate manual processes
Ability to work independently but also function effectively in a team environment
Highly proficient in using technology and various software which includes but is not limited to Microsoft Excel, Word and Outlook.

Nice To Haves

Previous experience with CRM Oracle, and Salesforce is preferred but not required
Bilingual in English/French is an asset
Previous experience/working knowledge of US GAAP is an asset

Responsibilities

Decision Support: provide analytical support and using financial data/insights to lead key strategic, quality, performance and financial initiatives to improve results; develop and monitor key performance indicators to measure success and highlight risks
Financial record keeping: journalize entries (e.g. accruals, OPEX and payroll), maintenance of the Fixed Asset schedule, ensure accuracy of ending A/P and A/R balances and liaise with US team to ensure proper recording of entries. Oversee the end-to-end clinician and provider payment process for contracted physicians, ensuring payments are prepared accurately and processed on time in accordance with contractual terms and established payment schedules. Review and approve payment calculations prepared by Staff Accountant(s), validating data inputs from Data Analytics and Operations and ensuring calculations, reconciliations, and documentation meet internal standards. Investigate and resolve payment discrepancies and data inconsistencies, ensuring completeness and accuracy of provider compensation calculations. Mentor Staff Accountant(s), providing day-to-day guidance, establishing procedures and workflows for payment preparation, and supporting their ongoing development and performance.
Financial reporting, analysis and closing: prepare and analyze the P&L and balance sheet including variances to Forecast and Plan; prepare month-end and quarter-end closing working papers, reconciliations, and accruals.
Internal Control: Maintain SOX control documentations; coordinate with Internal Audit and External Audit with the year-end audit
Software and System Usage: utilize accounting software and other systems to obtain data and perform tasks efficiently and accurately. Lead potential system upgrades, including design solution and performing testing.
Tax and compliance: prepare and file the monthly sales tax filings in a timely manner. Liaise with Corporate tax and payroll team as needed to ensure compliance on filing.
Maintain the privacy and security of all confidential and protected health information.
Communication and Collaboration: collaborate with other departments, such as Marketing, Sales, Technology and Operations to gather and exchange financial information and ensure impacts are journalized appropriately in the F/S. Communicate financial data effectively to non-financial stakeholders
Continuous Improvement: Identify improvement and automation opportunities to streamline finance processes
Maintain SOX & PCAOB compliance and documentation standards by ensuring financial processes, controls, and supporting documentation are properly maintained, updated, and aligned with internal control requirements; support internal and external audit requests and ensure evidence of control execution is retained.
Ensure financial working papers and accounting documentation are complete and well organized, maintaining standardized files for reconciliations, journal entries, and supporting schedules to support month-end close, audits, and internal reviews.
Prepare and review monthly bank reconciliations, investigating and resolving reconciling items and ensuring all bank balances are accurately recorded and supported.
Perform balance sheet account analysis and reconciliations, reviewing account activity, identifying and resolving variances, and ensuring balances are accurate and supported by appropriate documentation.
Manage vendor payment setup and execution through banking platforms, including validating payment details, ensuring appropriate approvals, maintaining supporting documentation, and coordinating timely and accurate payments to vendors.
Ad-hoc: Performs other duties as assigned.