Oura

US Controller

San Francisco, California, United States

$165,000 – $206,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Accounting, BiotechnologyIndustries

Position Overview

  • Location Type: Remote
  • Job Type: Full-time
  • Salary: $165,000 - $206,000

At Oura, our mission is to empower every person to own their inner potential. With our award-winning Oura Ring and app, we help over 2.5 million people turn insights about sleep, activity, and readiness into healthier, more balanced lives. We believe that starts from within — by creating a culture where our team feels supported, included, and inspired to do their best work. Our values guide how we show up for each other and our community every day.

The US Controller will lead all aspects of operational accounting processes for the US entity, with a strong emphasis on inventory management, foreign exchange (FX) management, intercompany transactions, consolidations, treasury, accounts payable (AP), and accounts receivable (AR) in the US. This role will ensure compliance with US GAAP and provide critical operational oversight to optimize financial processes. The ideal candidate will be a CPA with strong US GAAP expertise but will be evaluated primarily on their operational experience and ability to foster a high-performance culture within their team.

We have offices in San Francisco and San Diego for those who prefer hybrid or office settings. Oura employees in other major cities (like Boston and New York) occasionally gather informally at local co-working locations.

Responsibilities

  • Own the full-cycle accounting process for the US entity, including ownership of the month-end consolidated close process in compliance with US GAAP.
  • Collaborate with the Finnish Accounting team and Finnish Group Controller to ensure appropriate and compliant processes are designed and implemented across all jurisdictions.
  • Manage and optimize inventory accounting processes, including valuation, costing, and periodic counts.
  • Lead foreign exchange (FX) management strategies, including exposure analysis, hedging, and currency conversion.
  • Direct and oversee intercompany transactions and reconciliations, ensuring accurate and timely elimination entries.
  • Manage consolidated financial reporting, including the preparation of monthly, quarterly, and annual financial statements.
  • Oversee the appropriateness of all ERP inputs, including Global Chart of Accounts, Items, Skus, Exchange Rates, etc.
  • Supervise treasury operations, including cash flow management, bank relationships, and short-term investments.
  • Oversee accounts payable (AP) and accounts receivable (AR) functions specifically for the US entity, ensuring efficient and compliant payment processing and collections.
  • Establish, document, and enforce accounting policies and procedures.
  • Define Accounting function-specific KPIs and track accountability, driving towards continuous improvement.
  • Lead and mentor a team of 5+ accounting professionals, fostering a high-performance culture focused on accountability, continuous improvement, and professional development.
  • Represent key accounting needs during financial systems implementations to ensure streamlined processes, appropriate oversight, and optimized reporting.
  • Collaborate with cross-functional teams, including supply chain, procurement, and tax, to ensure alignment of financial objectives.

Requirements

  • CPA (Certified Public Accountant) designation is required.
  • Bachelor’s degree in Accounting, Finance, or a related field; Master’s degree is a plus.
  • Minimum of 12 years of experience in accounting or finance, with at least 4 years in a leadership role.
  • Strong US GAAP knowledge and experience with complex accounting areas, including inventory, FX, and consolidations.
  • Proven experience managing inventory accounting and foreign exchange risk in a multi-entity, multinational environment.
  • Proficiency with ERP systems (e.g., NetSuite, Oracle, SAP), close management tools, banking platforms, and advanced Excel skills.
  • Strong leadership, communication, and problem-solving skills.
  • Demonstrated ability to build and maintain a high-performance team culture.
  • Ability to thrive in a fast-paced, dynamic environment.

Skills

US GAAP
Inventory Management
Foreign Exchange (FX) Management
Intercompany Transactions
Consolidations
Treasury
Accounts Payable
Accounts Receivable
CPA
Operational Accounting

Oura

Wearable health monitoring smart ring

About Oura

Oura offers a smart ring that tracks various health metrics, including sleep patterns, heart rate variability, and physical activity. The ring uses advanced sensors to collect data, which is then analyzed and displayed through a mobile app, providing users with insights to improve their health and lifestyle. Unlike many competitors, Oura focuses on a direct-to-consumer model, selling its rings through its website and collaborating with sports teams and health institutions for additional partnerships. The goal of Oura is to help users, including athletes and those with health conditions, optimize their health through data-driven insights.

Oulu, FinlandHeadquarters
2013Year Founded
$344.1MTotal Funding
SERIES_DCompany Stage
Biotechnology, HealthcareIndustries
501-1,000Employees

Benefits

Competitive salary & equity packages
Health, dental, financial, & vision insurance
Wellness & mental health benefits
$300 per month health improvement related stipend
Flexible working hours
An Oura Ring of your own
Employee discount for friends & family
20 days of PTO

Risks

Increased competition from Samsung and Huami may pressure Oura's market share.
Criticism of cumbersome interfaces could lead users to competitors like VIV Health.
High valuation may lead to investor pressure for rapid growth, risking strategic missteps.

Differentiation

Oura's smart ring tracks over 20 biometrics, offering comprehensive health insights.
The ring's seamless wearability and precise monitoring set it apart in the market.
Oura's partnerships with sports teams validate its utility and accuracy for athletes.

Upsides

Oura raised $550M, boosting its valuation to $5.2 billion in 2024.
Integration with AI-driven insights could enhance personalized health recommendations.
Strategic partnerships with Dexcom and Essence Healthcare expand market reach into healthcare.

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