Revenue Accounting Manager at Ooma

Boca Raton, Florida, United States

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Not SpecifiedCompensation

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

Full TimeJob Type

NoVisa

Technology, Telecommunications, SaaSIndustries

Requirements

5-8+ years of revenue accounting experience
Bachelor's degree in accounting or finance
Deep understanding and experience with ASC 606 and US GAAP revenue recognition standards
Strong proficiency in Microsoft Office applications, including Excel and PowerPoint; experience with NetSuite and Salesforce preferred
Public accounting and accounting operations experience strongly preferred
Strong attention to detail and the ability to balance multiple time-sensitive tasks
Excellent written and verbal communication, with the ability to work effectively across departments
Driven and self-motivated, with a proactive, can-do attitude
Collaborative team player who values diverse perspectives and works toward shared goals
A true process owner, eager to master and continuously improve end-to-end workflows
Agile and adaptable, able to shift priorities quickly in a fast-moving environment
Local candidate for hybrid role (onsite Mondays and Tuesdays in Boca Raton, FL office)

Responsibilities

Develop and execute revenue close procedures to deliver accurate, timely financial results in accordance with US GAAP
Oversee the revenue recognition compliance with GAAP and ASC 606 standards, reviewing and analyzing contracts—standard and non-standard—to determine appropriate revenue recognition treatment
Prepare and review journal entries, reconciliations and variance analyses related to revenue and deferred revenue
Partner with Sales and Operations to evaluate financial impact of contract terms and ensure proper documentation
Support quarterly reviews and annual audits, prepare audit and disclosure schedules
Contribute to process optimization and internal control enhancements, including process walk-throughs and ensure compliance with SOX
Provide expertise for ad hoc special accounting and financial projects as needed

Skills

Revenue Accounting

Revenue Recognition

Financial Reporting

Forecasting

Process Improvement

Technical Accounting

ASC 606

GAAP

Cross-functional Collaboration

Communication

Ooma

VoIP communication solutions for homes and businesses

About Ooma

Ooma provides communication solutions through Voice over Internet Protocol (VoIP) technology for both residential and business customers. For homes, Ooma offers devices like the Ooma Telo, which connects to the internet and existing phone lines, allowing users to make voice calls with features such as voicemail, caller ID, and 911 service at lower costs than traditional phone services. For businesses, Ooma has the Ooma Office product line, which includes features like virtual receptionists and mobile app integration, designed for small and medium-sized enterprises. Ooma's business model includes selling hardware devices with a one-time cost, followed by subscription plans for additional services, ensuring a steady revenue stream. The company's goal is to provide affordable and user-friendly communication solutions that meet the needs of both residential and business clients.

Sunnyvale, CaliforniaHeadquarters

2004Year Founded

$92.8MTotal Funding

IPOCompany Stage

Consumer Software, Enterprise SoftwareIndustries

501-1,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Commuter Benefits

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Paid Vacation

Employee Assistance Program

Risks

Emerging VoIP providers offering cheaper services threaten Ooma's market share.

Rapid POTS phase-out invites competition from alternative tech solutions.

Ooma's hardware reliance may be challenged by software-only competitors.

Differentiation

Ooma offers a unique POTS replacement solution with its AirDial product.

The company provides both residential and business VoIP services, catering to diverse needs.

Ooma's hardware and subscription model ensures a steady revenue stream.

Upsides

Growing demand for POTS replacement boosts Ooma's AirDial market potential.

Partnerships with Carahsoft and 3Phase expand Ooma's reach in key sectors.

Recognition from PCMag enhances Ooma's reputation, attracting more business customers.

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