What are the responsibilities and job description for the Staff Accountant (Accounts Payable) position at Butterfly Network?
Job Description
Job Description
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 :
Ideally, you also have these skills / experiences / attributes (but it's ok if you don't!) :
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
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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Salary : $85,000 - $90,000