Staff Accountant (Accounts Payable)

Company Description

Founded by Dr. Jonathan Rothberg in 2011, Butterfly Network is a digital health company with a mission is to democratize medical imaging by making high-quality ultrasound affordable, easy-to-use, globally accessible, and intelligently connected, including for the 4.7 billion people around the world lacking access to ultrasound. Butterfly created the world's first handheld single-probe, whole-body ultrasound system using semiconductor technology, Butterfly iQ.

The company has continued to innovate, leveraging the benefits of Moore's Law, to launch its second generation Butterfly iQ+ in 2020, and third generation iQ3 in 2024 - each with increased processing power and performance enhancements.

The disruptive technology has been recognized by TIME's Best Inventions, Fast Company's World Changing Ideas, CNBC Disruptor 50, and MedTech Breakthrough Awards, among other accolades. With its proprietary Ultrasound-on-Chip technology, intelligent software, and educational offerings, Butterfly is paving the way to mass adoption of ultrasound for earlier detection and remote management of health conditions around the world.

Joining Butterfly is the opportunity to redesign the future of healthcare through the power of technology. Embark on a journey with us to maximize global impact, motivated by the idea that our products will change the lives of millions, along with the people you love.

Job Description

We are seeking a detail-oriented and highly organized individual to join our Finance team as a Staff Accountant. This role will manage the Accounts Payable process as well as perform the related accounting duties, ensuring accuracy, efficiency, and compliance with financial policies and procedures. The ideal candidate will ensure timely processing of invoices and payments while also contributing to general ledger maintenance, month-end close processes, and financial reporting.

Key Responsibilities:

• Review, verify, and process invoices, ensuring accuracy and proper documentation.
• Manage vendor relationships, including responding to inquiries and resolving discrepancies.
• Reconcile vendor statements and research any discrepancies.
• Perform account reconciliations and prepare necessary journal entries in conjunction with the month-end close process for accounts payable, credit card, and other accruals accounts
• Oversee and manage the expense reimbursement system, including reviewing and approving employee expense reports, ensuring compliance with company policies, and addressing user inquiries or issues.
• Process payments via checks, ACH, and wire transfers.
• Maintain accounts payable records and documentation in accordance with company policy.
• Ensure compliance with internal controls and company policies for payables.
• Assist with 1099 preparation and year-end reporting.
• Support audits by providing documentation and explanations as required.
• Identify process improvements to enhance efficiency in both AP and accounting workflows.

Qualifications

Baseline skills/experiences/attributes:

• Bachelor's degree in Accounting, Finance, or a related field.
• 2-5 years of experience in accounts payable and/or general accounting roles.
• Proficiency in Microsoft Excel
• Strong attention to detail and organizational skills.
• Ability to manage multiple priorities in a fast-paced environment.

Ideally, you also have these skills/experiences/attributes (but it's ok if you don't!):

• Experience working in Netsuite, Airbase, and/or SAP Concur

Location

At Butterfly we offer a hybrid work environment. For most employees, this means part time in the office (two or more days a week).

Our offices offer kitchens stocked with snacks and beverages, comfortable work stations, and multiple opportunities to collaborate with your colleagues to build community

This is a hybrid position and will be based out of our office in New York City, NY.

Benefits and Perks

• Comprehensive health insurance, encompassing dental and vision coverage, is provided to all our employees. As a health-tech company, we prioritize the well-being of our teams. Additionally, employees have the option to buy up for enhanced health insurance coverage. We also contribute to Health Savings Account (HSA) accounts for all enrolled employees on an annual basis.
• Comprehensive Employee Assistance Program - we provide access to tools and resources to support your emotional health and day-to-day needs.
• 401k plan and match - we facilitate your retirement goals.
• Eligible employees will have the opportunity to participate in Employee Stock Purchase Plan (ESPP)
• Unlimited Paid Time Off + 10 Holiday Days a Year - recharge and come back ready to make an impact
• Parental Leave - we want to make sure our employees have plenty of time with their growing families, and additional benefits for primary caregivers to help transition back to work after leave
• Competitive salaried compensation - we value our employees and show it
• Equity - we want every employee to be a stakeholder
• The opportunity to build a revolutionary healthcare product and save millions of lives!

Compensation

Our estimated salary for this role is between $85,000 - $90,000 + bonus + equity + benefits. Actual pay is determined by multiple factors such as skills, qualifications, experience and market demand.

For this role, we are only considering candidates who are legally authorized to work in the United States and who do not now or in the future require sponsorship for employment visa status.

Butterfly Network does not accept agency resumes.

Butterfly Network is an E-Verify Company.

Butterfly Network is an equal opportunity employer. Regardless of race, traits associated with race, color, ancestry, religion, gender, national origin, sexual orientation, age, citizenship, marital status, disability or Veteran status. All your information will be kept confidential according to EEO guidelines.

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