Staff Accountant

Are you passionate about making a change in healthcare?  Are you driven by innovation? Are you looking for an environment that you can have fun, be you and be a part of an amazing culture while still driving change and innovation?  Then Osso VR is the place for you!

Osso VR is the leading virtual reality surgical training and assessment platform. Our technology is being used by the top medical device companies to train thousands of surgeons, on dozens of the latest surgical techniques, in over twenty countries around the world. Our mission is to improve patient outcomes through better training and assessment, increase the adoption of higher value medical technology, and democratize access to the latest surgical techniques globally.

While we are extremely proud of the work we do, we are just as excited and proud of our team members and culture!  Since the beginning of Osso VR we have been a 100% remote company and feel as though we have perfected the way we can communicate, engage, and interact with each other even though our team is, quite literally, all over the map! At Osso VR we believe that the work we do, and your personal life are both equally important to make dreams happen.  We are inspired to dream big, drive innovation, and deliver while still finding a way to have fun at the same time!

The Role: 

The Staff Accountant will play a key role in supporting the finance department by handling daily accounting operations. This position is responsible for payroll processing, managing accounts payable, accounts receivable, invoicing, revenue recognition tracking, bank reconciliations, expense reimbursements, government compliance, and preparing various financial reports. The ideal candidate will have strong attention to detail, excellent organizational skills, and the ability to manage multiple tasks efficiently and independently.

What You’ll Be Doing:

Payroll Processing:

• Implements, maintains, and reviews payroll processing systems to ensure timely and accurate processing of payroll transactions including salaries, benefits, garnishments, taxes, and other deductions as well as any changes due to hiring, terminations, and pay rates.
• Ensures accurate preparation, processing, and delivery of all regularly scheduled payrolls and off-cycle payrolls, as well as assists with employee payroll questions.
• Ensures compliance with federal, state, and local payroll, wage, and hour laws and best practices.
• Works collaboratively with People Ops on benefits, PTO, termination, leave,  supplemental pay, etc., and ensures all information communicated to employees is accurate.

Accounts Payable: 

• Manages end-to-end accounts payable processes, from receiving invoices to processing payments, ensuring accuracy and compliance with company policies.
• Coordinates employee reimbursement procedures, verifying claims, and processing reimbursements in a timely manner.
• Builds and maintains strong relationships with numerous vendors, addressing inquiries and resolving discrepancies.

 Accounts Receivable & Invoicing:

• Reviews completed contracts with the sales team to identify invoicing needs.
• Compiles and maintains monthly Annual Recurring Revenue (ARR) balances for communication with key team leaders and presentation to stakeholders.
• Prepares invoices for review and subsequent submission to customers for payment.
• Maintains the Accounts Receivables Ledger by recording all Accounts Receivable transactions (payments, credits, invoices, etc.).
• Resolves valid churn of ARR by following pending churn procedures.
• Communicates with the Sales, Partner Success, and Client Services teams prior to contract renewals to gauge invoicing needs and impact to ARR projections.
• Communicates and collaborates with the full Finance team to prepare budgets/revenue forecasts, monthly close procedures, and meet internal deadlines for documentation, meetings, and presentations.
• Maintains records of invoices, debits, and credits to customer accounts.

General Accounting Support:

• Performs monthly bank reconciliations to ensure accurate record-keeping of cash transactions
• Assists in preparing monthly, quarterly, and annual financial reports.
• Assists in month-end and year-end closing processes.
• Compiles data for audits and other financial reviews as needed.
• Monitors virtual email inbox and distributes documents to department leaders as needed.

What You’ll Need To Be Successful:

Must have: 

• Bachelor's degree in Accounting, Finance, Business Administration, Human Resources, or related field required.
• 3 to 5 years of payroll processing and compliance experience.
• 2+ years experience in accounts payable/accounts receivable
• Proficient with payroll software.  Rippling preferred.
• Stay current and comply with federal, state, and local legal and payroll regulatory requirements, and advise management when necessary.
• Excellent time management skills with a proven ability to meet deadlines.

Bonus:

• Innovative thinking regarding process efficiencies.
• Bonus: Certified Payroll Professional (CPP), Certified Payroll Manager (CPM) or Fundamental Payroll Certification (FPC)
• Proficiency using Rippling.

Compensation

Our compensation package includes a salary of $90,000-$105,000, an incentive bonus, and equity options.

Benefits

Osso VR offers a comprehensive benefits package to eligible employees, including:

• Medical, Dental and Vision insurance
• Health advocacy
• Virtual Health
• Unlimited Paid Time Off
• Parental Leave
• 401k
• Other voluntary benefits available