Senior Revenue Manager at Ooma

Sunnyvale, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

SoftwareIndustries

Requirements

Candidates should have 5-8+ years of revenue accounting experience with a bachelor's degree in accounting or finance. A deep understanding of ASC 606 and US GAAP revenue recognition standards is essential, along with strong proficiency in Microsoft Office, particularly Excel and PowerPoint. Experience with NetSuite and Salesforce is preferred, as is public accounting and accounting operations experience. The ideal candidate possesses strong attention to detail, excellent communication skills, and the ability to manage multiple time-sensitive tasks in a fast-paced environment.

Responsibilities

The Senior Revenue Manager will develop and execute revenue close procedures to ensure accurate and timely financial results according to US GAAP. This role involves overseeing revenue recognition compliance with ASC 606, reviewing contracts for proper revenue treatment, and preparing journal entries, reconciliations, and variance analyses. The manager will partner with Sales and Operations to assess contract term impacts, support audits, and contribute to process optimization and internal control enhancements, including SOX compliance. Ad hoc special accounting and financial projects will also be part of the role.

Skills

Revenue Recognition

GAAP

ASC 606

Contract Analysis

Financial Reporting

Forecasting

Close Procedures

Cross-Functional Collaboration

Internal Controls

US GAAP

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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