Staff Revenue Accountant

Summary

Join Omada Health's finance team as a Staff Revenue Accountant, contributing to the accuracy of billing operations and the overall financial health of the organization. This role requires 3-5 years of experience in revenue accounting, a strong understanding of billing processes, collections, GAAP, and revenue recognition principles (ASC 606). Responsibilities include managing billing processes, implementing effective collections strategies, reconciling customer accounts, ensuring accurate revenue recognition, improving processes, performing close management, collaborating cross-functionally, working with auditors, and providing insightful revenue reporting. A Bachelor's degree in accounting or a related field is required. Bonus points are awarded for experience with automated processes, the technology/SaaS industry, Big 4 experience, advanced Excel skills, and strong presentation skills. Omada offers a competitive salary with a generous annual cash bonus, a remote-first work culture, flexible time off, generous parental leave, comprehensive health insurance, a 401k plan, a lifestyle spending account, and mental health support.

Requirements

• Bachelor's degree in accounting, finance, economics or related field
• 3-5 years of experience
• ASC 606 understanding

Responsibilities

• Manage and oversee the billing process, ensuring timely and accurate generation and distribution of invoices
• Work closely with sales and customer support teams to resolve any billing discrepancies
• Develop and implement effective collections strategies to reduce outstanding receivables
• Proactively monitor accounts receivable aging reports and follow up on overdue accounts in a timely manner
• Regularly review and reconcile customer accounts to ensure accuracy and identify any issues or discrepancies
• Work with customers and internal teams to resolve any disputes
• Review revenue contracts to 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
• 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

Preferred Qualifications

• 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
• 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