Director of Revenue Accounting

Posted 19 Days Ago
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Hiring Remotely in USA
Remote
Expert/Leader
Healthtech
The Role
The Director of Revenue Accounting will lead the revenue recognition processes, ensuring compliance with accounting standards like ASC 606. This role involves developing the revenue accounting function, collaborating with cross-functional teams, and providing strategic insights. The candidate will drive process improvements and enhancements, coordinate with auditors, and deliver revenue reporting to support management decisions.
Summary Generated by Built In

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

Job overview: We are looking for an accomplished Director of Revenue Accounting to lead our revenue recognition processes and ensure compliance with relevant accounting standards. This critical role will involve developing and managing the revenue accounting function, providing strategic insight, and collaborating with cross-functional teams. The ideal candidate will have a strong technical background in revenue accounting, a proactive approach to problem-solving, and a passion for driving improvements and efficiency.

About you: You are a seasoned revenue accounting expert with a deep understanding of ASC 606 and other relevant standards. Your expertise is matched by your leadership skills and ability to develop and implement processes that enhance accuracy and compliance. You have experience leading teams and the capability to communicate effectively with diverse stakeholders. You are proactive, detail-oriented, and committed to driving excellence in revenue accounting and reporting.

Requirements:

  • Certified Public Accountant (CPA) or equivalent credentials
  • Bachelor's degree in accounting, finance, economics or related field
  • 9+ years of experience
  • ASC 606 understanding

Your impact:

  • Leadership & Strategy: Develop and lead the revenue accounting team, establishing a strategic vision that aligns with company goals and ensures accuracy and compliance in revenue recognition.
  • Revenue Recognition: Oversee revenue recognition processes, ensuring alignment with ASC 606 and other applicable accounting standards.
  • Process Improvement: Drive enhancements in revenue accounting processes, leveraging technology to improve efficiency and compliance.
  • Technical Expertise: Provide guidance on complex revenue transactions, developing policies and procedures that ensure proper accounting treatment and compliance.
  • Cross-Functional Collaboration: Work closely with finance, sales, legal, and other departments to support business initiatives and ensure accurate revenue forecasting and reporting.
  • Audit & Compliance: Coordinate with internal and external auditors on revenue matters, ensuring adherence to all relevant accounting standards and audit requirements.
  • Reporting & Analysis: Deliver insightful revenue reporting and analysis to senior management, supporting strategic decision-making and performance evaluation.

Bonus Points for:

  • Proven experience implementing revenue recognition automated processes, systems, or tools that enhance 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, 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
  • Stock options
  • 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
  • Two giftable Omada enrollments per calendar year
  • Lifestyle Spending Account (LSA)
  • Mental Health Support Solutions
  • ...and more!

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 problems, improve processes, and find new opportunities for our members and customers.
  • Deliver Results. We reward impact above output. We set a high bar, we’re not afraid to fail, and we take pride in our work.
  • Succeed Together. We prioritize Omada’s progress above team or individual. We have fun as we get stuff done, and we celebrate together. 
  • Remember Why We’re Here. We push through the challenges of changing health care because we know the destination is worth it.

About Omada Health: Omada is a virtual-first chronic care provider that nurtures lifelong health, one day at a time. Our care teams implement clinically-validated behavior change protocols for individuals with prediabetes, diabetes, hypertension, and musculoskeletal issues for consistent improvements that stack up. With more than a decade of experience and data, and 29 peer-reviewed publications that showcase our clinical and economic results, we improve health outcomes and help contain healthcare costs. 

Our scope exceeds 1,900+ customers, including health plans, health systems, and employers ranging in size from small businesses to Fortune 500s. Omada is the first virtual provider to join the Institute for Healthcare Improvement’s Leadership Alliance, reflecting our aim to complement primary care providers for the benefit of our members, and affirming our guarantee to every partner: Omada works different.

Omada is thrilled to share that we’ve been certified as a Great Place to Work! Please click here for more information.

We carefully hire the best talent we can find, which means actively seeking diversity of beliefs, backgrounds, education, and ways of thinking. We strive to build an inclusive culture where differences are celebrated and leveraged to inform better design and business decisions. Omada is proud to be an equal opportunity workplace and affirmative action employer. We are committed to equal opportunity regardless of race, color, religion, sex, gender identity, national origin, ancestry, citizenship, age, physical or mental disability, legally protected medical condition, family care status, military or veteran status, marital status, domestic partner status, sexual orientation, or any other basis protected by local, state, or federal laws.

Below is a summary of salary ranges for this role in the following geographies:

California, New York State and Washington State Base Compensation Ranges: $176,800 - $221,000*, Colorado Base Compensation Ranges: $159,120 - $198,900*. Other states may vary.

This role is also eligible for participation in annual cash bonus and equity grants. 

*The actual offer, including the compensation package, is determined based on multiple factors, such as the candidate's skills and experience, and other business considerations.

Please click here for more information on our Candidate Privacy Notice.

Top Skills

Excel
The Company
San Francisco, CA
458 Employees
On-site Workplace
Year Founded: 2011

What We Do

Omada Health combines the latest clinical protocols with breakthrough behavior science to make it possible for people with chronic conditions to achieve long term improvements in their health. Working with over 1,500 customers – including Fortune 500 and small- and medium-sized employers, health plans, and health systems – the company delivers personalized interventions for diabetes and diabetes prevention, hypertension, musculoskeletal issues and behavioral health. Omada Health’s virtual care programs are clinically supported and evidence-based, and the results have been published in multiple peer-reviewed journals. Omada builds programs that employees don’t just try, but stick with – resulting in reduced healthcare costs that deliver long term changes in health behavior and increased ROI.

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