Job description
Omada Health is on a mission to inspire and engage people in lifelong health, one step at a time.
Job overview: We are seeking a detail-oriented and experienced Staff Revenue Accountant with a strong background in billing operations and collections to join our finance team. The ideal candidate will have 3-5 years of experience in revenue accounting and demonstrate a strong understanding of billing processes, collections, GAAP, and revenue recognition principles. This role will focus on ensuring the accuracy of billing operations, improving collections efficiency, and supporting the overall financial health of the organization.
About you: You bring a solid background in revenue accounting, with a strong grasp of ASC 606 and other relevant standards. With 3-5 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. You exhibit strong communication skills and can collaborate effectively with various teams to drive improvements and efficiency.
Requirements:
- Bachelor’s degree in accounting, finance, economics or related field
- 3-5 years of experience
- ASC 606 understanding
Your impact:
- Billing Operations: 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.
- Collections Management: 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.
- Customer Account Reconciliation: 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.
- 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.
- 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
- 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!
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 Health is a between-visit healthcare provider that addresses lifestyle and behavior change elements for individuals managing chronic conditions. Omada’s multi-condition platform treats diabetes, hypertension, prediabetes, musculoskeletal, and GLP-1 management. With insights from connected devices and AI-supported tools, Omada care teams deliver care that is rooted in evidence and unique to every member, unlocking results at scale. With more than a decade of experience and data, and 29 peer-reviewed publications showcasing clinical and economic proof points, Omada’s approach is designed to improve health outcomes and contain costs. Our customers include health plans, pharmacy benefit managers, health systems, and employers ranging from small businesses to Fortune 500s. At Omada, we aim to inspire and empower people to make lasting health changes on their own terms. For more information, visit: https://www.omadahealth.com/
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: $80,040 - $100,120, Colorado Base Compensation Ranges: $76,560 - $95,700
This role is also eligible for participation in annual cash bonus. 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.
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