[Remote] Revenue Accounting Manager at Omada Health

United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, TechnologyIndustries

Requirements

Bachelor's degree in accounting, finance, economics or related field
5+ years of experience
ASC 606 understanding
Solid background in revenue accounting
Strong grasp of ASC 606 and other relevant standards
Expertise in public accounting at a Big 4 firm or experience working within a public company (preferred)
Analytical thinking, attention to detail, and problem-solving skills
Strong communication skills and ability to collaborate effectively
CPA certification (bonus)

Responsibilities

Execute and ensure accurate revenue recognition practices, aligning with ASC 606 and other applicable accounting standards
Contribute to enhancing revenue accounting processes, leveraging technology to improve efficiency and compliance
Assist in evaluating complex revenue transactions and ensure accurate accounting treatment and adherence to policies
Perform close management, including balance sheet reconciliations and income statement flux analysis for revenue transactions, ensuring the accuracy and integrity of financial data
Partner with finance, sales, legal, and other departments to support business initiatives and ensure accurate revenue forecasting and reporting
Work with internal and external auditors on revenue matters, ensuring adherence to all relevant accounting standards and audit requirements
Provide insightful revenue reporting and analysis to senior management, supporting strategic decision-making and performance evaluation

Skills

Key technologies and capabilities for this role

ASC 606Revenue RecognitionRevenue AccountingFinancial CloseBalance Sheet ReconciliationsFlux AnalysisProcess ImprovementCPA

Questions & Answers

Common questions about this position

What experience is required for the Revenue Accounting Manager role?

Candidates need a Bachelor's degree in accounting, finance, economics or related field, 5+ years of experience, and understanding of ASC 606.

Is CPA certification required for this position?

CPA certification is not required but is considered a bonus.

What salary or compensation does this role offer?

This information is not specified in the job description.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What makes a strong candidate stand out for this role?

Bonus points go to candidates with experience implementing automated processes for revenue recognition, background in technology or SaaS industry, Big 4 or public company experience, advanced Excel and data analytics skills, and strong presentation skills with executives.

Omada Health

Virtual care for chronic condition management

About Omada Health

Omada Health provides virtual care programs aimed at helping individuals with chronic conditions improve their health over the long term. Their approach combines clinical protocols with behavioral science to create personalized interventions for issues like diabetes prevention, weight management, hypertension, and musculoskeletal problems. The programs are evidence-based and have shown positive results in peer-reviewed studies. What sets Omada apart from competitors is their focus on creating engaging programs that encourage participants to stick with them, leading to reduced healthcare costs and improved health outcomes. The goal of Omada Health is to leverage technology and human care teams to support members in achieving lasting health behavior changes.

San Francisco, CaliforniaHeadquarters

2011Year Founded

$436.3MTotal Funding

DEBTCompany Stage

HealthcareIndustries

501-1,000Employees

Benefits

Remote first - Join Omada from anywhere in the US. No matter where you’re located, we budget for travel so your team can come together.

Flexible vacation - Invest in yourself and your loved ones with flexible time away and monthly wellness days.

Parental leave - We support all new parents with competitive leave policies and flexible schedules upon return.

Omada program - Join our best-in-class program to reach your health goals, and invite a loved one to join you too.

Meeting-free days - Every Wednesday afternoon, we observe company-wide focus time with nothing on the calendar.

Resources to thrive - Invest in inclusion with resource groups, equity training, and a cross-functional team dedicated to belonging.

Risks

Amazon's entry into digital health could challenge Omada's market share.

High costs of GLP-1 medications may limit Omada's program adoption.

Reliance on partnerships with large employers poses a risk if they switch providers.

Differentiation

Omada Health is the largest CDC-recognized provider of the National Diabetes Prevention Program.

Omada combines health coaching, connected devices, and data for personalized health interventions.

Omada's programs are clinically supported and published in multiple peer-reviewed journals.

Upsides

Omada's IPO planned for 2025 could provide significant capital for expansion.

Partnerships with major employers like Costco enhance Omada's market reach.

Omada's integration of GLP-1s with behavior change programs shows promising health outcomes.

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