About this Senior GL & Payroll Accountant role at Outset Medical
Company Overview
Join us for an enriching journey with Outset, a trailblazing medical device company that is revolutionizing the field of dialysis. Our focus is to create one high performing team, obsessed with progress, in an atmosphere that is brimming with transformative opportunities. The heart of our mission is pioneering a groundbreaking technology that redefines the landscape of dialysis, streamlining complexity and cost, because patients deserve “better” now, not some day.
At Outset we’re revolutionizing an industry and changing lives. We’re impacting what the future of dialysis looks like by creating a first-of-its-kind technology in order to reduce the cost and complexity of dialysis. FDA cleared for use across care settings, from the hospital to the clinic to the home, the Tablo® Hemodialysis System harnesses modern technology for a new holistic approach to dialysis care. We’re giving providers time back to focus on patient care. And we’re giving patients the power to take control of their life and get back to enjoying the things they love.
Position Overview
The Senior Accountant will perform all payroll, equity compensation, and general ledger accounting responsibilities, and performs finance and accounting related activities. The position has impact on the company’s cash flow and financial statements. Accuracy and quality are important competencies for the role.
Primary Duties and Responsibilities
Payroll & Equity
- Performs bi-weekly payroll processing and reconciliation; assists Payroll Manager with payroll related administration (i.e. FSA, HSA, 401k, commuter benefits, PTO accrual reconciliation, timecard management, etc.)
- Identity and resolves multi-state payroll tax filing/registration matters.
- Administers Workers’ Compensation program through ADP and support the Payroll Manager with the Workers’ Compensation annual audit.
- Be a resource to employees with payroll related topics and issues.
- Make recommendations on policies and procedures to comply with new statutory requirements and improving procedures.
- Ensures all statutory payroll withholding, remittance, and reporting is performed accurately and timely in compliance with applicable rules.
- Design and creates ADP reports in partnership with Accounting and People Operations.
- Responsible for ADP system maintenance of Payroll tables, ADP systems requirements to comply with changing and new regulations in state and federal laws.
- Administers equity compensation programs (stock options, RSUs, ESPP, etc.) in coordination with the equity management platform; ensures timely and accurate processing of equity grants, vesting events, and exercises.
- Calculates and records stock-based compensation expense in accordance with ASC 718; maintains supporting schedules and documentation for internal and external audit purposes.
General Accounting
- Ensure timely execution and review of month-end and quarter-end close activities, including account reconciliation, financial analysis, and reporting.
- Perform detailed review of general ledger accounts and prepare journal entries, including analysis and reconciliation of balance sheet accounts.
- Identify and resolve accounting discrepancies and irregularities.
- Participate in the month-end close by performing a variety of accounting tasks.
- Prepare supporting documents for annual and quarterly reviews required by internal and external auditors.
Requirements and Qualifications
- BA degree required – Concentration in Economics or Accounting/Finance preferred.
- Minimum 3 years in Payroll, Benefits, and General Accounting experience.
- Must have strong analytical skills.
- Excellent skills in using MS Office Suite software: Excel, Words, etc.
- Experience in ERP (QAD) is required. Proficient in using third party payroll software (ADP, Paychex, etc.) and equity administration platforms (Carta, E*TRADE, etc.).
- Strong and effective verbal and written communication skills.
- Enjoy being part of a team while still being a key individual contributor.
- Possess a strong work ethic and pride in work with a broad range of interests and desire to learn.
Desired Qualifications
- Three years in equity compensation.
Company Culture
At Outset, we believe every person matters. Every Outsetter, every patient, every caregiver. Because we are here to create a revolution, and we believe in doing that by innovating everywhere with intelligent speed. Our team expects nothing less than our best display of strengths and skills, and we find joy in working together for a common goal. At Outset, we believe that curiosity, ingenuity and conviction in the power of technology will transform the lives of dialysis patients and providers.
We are fueled by the opportunity to give people their lives back. And we believe that it begins with YOU, our future Outsetter. At Outset, we’ve designed a professional world that our employees are honored and impassioned to belong to, one that offers challenge, the ability to collaborate with great people, and opportunities to build skill and expertise in a fulfilling career.
An opportunity at Outset Medical won’t just be about finding a job. Our culture revolves around the principles of moving farther, faster, together, so working here feels like a masterclass in peak performance, for individuals and teams.
Privacy is important to us. Please review our Applicant Privacy Notice.
Important Notice
We have been made aware of fraudulent activities where individuals are impersonating our company and offering fake job opportunities. Please note, Outset Medical will never request payment or gift cards during the hiring process, nor will we ask you to purchase your own equipment. Anyone reaching out to you with an email address ending in @outsetmedical.cc, is not a legitimate Outset representative. For legitimate opportunities, always apply directly through our official careers page. If you are unsure about the authenticity of a communication, contact us immediately at [email protected].
EQUAL EMPLOYMENT OPPORTUNITY STATEMENT
Outset Medical is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind on the basis of race, color, national origin, religion, gender, gender identity, sexual orientation, disability, genetic information, pregnancy, age, or any other protected status set forth in federal, state, or local laws. This policy applies to all employment practices within our organization.
