Omada Health

Senior Revenue Accountant

United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Health & Wellness, HealthcareIndustries

Senior Revenue Accountant

Omada Health is on a mission to inspire and engage people in lifelong health, one step at a time.

Position Overview

As a Senior Revenue Accountant, you will play a vital role in managing and executing our revenue recognition processes. You will apply your technical skills and knowledge of ASC 606 to ensure compliance and accuracy in revenue accounting. You will collaborate with cross-functional teams to drive continuous improvement in revenue processes, supporting our organizational goals.

About You

You bring a solid background in revenue accounting, with a strong grasp of ASC 606 and other relevant standards. With 4-6 years of experience, you have developed expertise in public accounting at a Big 4 firm or gained valuable insights working within a public company. Your analytical thinking, attention to detail, and problem-solving skills enable you to manage complex revenue processes effectively. A CPA certification is preferred, highlighting your commitment to accounting excellence. You exhibit strong communication skills and can collaborate effectively with various teams to drive improvements and efficiency.

Requirements

  • Education: Bachelor's degree in accounting, finance, economics, or related field.
  • Experience: 4+ years of experience.
  • Technical Skills: Understanding of ASC 606.

Responsibilities

  • Revenue Recognition: Review revenue contracts to execute and ensure accurate revenue recognition practices, aligning with ASC 606 and other applicable accounting standards.
  • Process Improvement: Contribute to enhancing revenue accounting processes, leveraging technology to improve efficiency and compliance.
  • Technical Expertise: Assist in evaluating complex revenue transactions and ensure accurate accounting treatment and adherence to policies.
  • Close Management: Perform close management, including balance sheet reconciliations and income statement flux analysis for revenue transactions, ensuring the accuracy and integrity of financial data.
  • Cross-Functional Collaboration: Partner with finance, sales, legal, and other departments to support business initiatives and ensure accurate revenue forecasting and reporting.
  • Audit & Compliance: Work with internal and external auditors on revenue matters, ensuring adherence to all relevant accounting standards and audit requirements.
  • Reporting & Analysis: Provide insightful revenue reporting and analysis to senior management, supporting strategic decision-making and performance evaluation.

Bonus Points For

  • Experience with implementing automated processes or tools that enhance revenue recognition efficiency and compliance.
  • Background in the technology or SaaS industry, with an understanding of industry-specific revenue challenges.
  • Experience working at a Big 4 accounting firm or within a public company, providing valuable insights into best practices and technical expertise.
  • Advanced Excel and data analytics skills, enhancing the ability to conduct detailed revenue analysis.
  • Strong presentation and communication skills, particularly with executive leadership, to effectively convey insights and recommendations.

Benefits

  • Competitive salary with generous annual cash bonus
  • Equity Grants
  • Remote first work from home culture
  • Flexible Time Off to help you rest, recharge, and connect with loved ones
  • Generous parental leave
  • Health, dental, and vision insurance (and above market employer contributions)
  • 401k retirement savings plan
  • Lifestyle Spending Account (LSA)
  • Mental Health Support Solutions
  • ...and more!

Company Values

It takes a village to change health care. As we build together toward our mission, we strive to embody the following values in our day-to-day work. We hope these hold meaning for you as well as you consider Omada!

  • Cultivate Trust: We listen closely and we operate with kindness. We provide respectful and candid feedback to each other.
  • Seek Context: We ask to understand and we build connections. We do our research up front to move faster down the road.
  • Act Boldly: We innovate daily to solve.

Skills

ASC 606
Revenue Recognition
Financial Analysis
Process Improvement
Reconciliations
Revenue Transactions
Cross-Functional Collaboration
Accounting Standards

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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