Senior Accountant

Our mission at Oura is to empower every person to own their inner potential. Our award-winning products help our global community gain a deeper knowledge of their readiness, activity, and sleep quality by using their Oura Ring and its connected app. We've helped 2.5 million people understand and improve their health by providing daily insights and practical steps to inspire healthy lifestyles.

Empowering the world starts with living our values and empowering our team. As a quickly growing company focused on helping people live healthier and happier lives, we ensure that our team members have what they need to do their best work — both in and out of the office. 

We are looking for a Senior Accountant to join our global finance team. This role will report to the Accounting Manager. In this role, you will assist in the financial accounting processes, monthly/quarterly close, reconciling of accounts, as well as preparing accounting reports and facts in accordance with guidelines. This individual will have the opportunity to be a key player in shaping processes and controls. Candidates are expected to have a high aptitude and enthusiasm for conducting financial analysis; have demonstrated problem solving skills; and the ability to thrive in fast paced environments and work independently.

The ideal candidate is data-driven, process-oriented, able to work in a fast-paced environment, and holds others and the organization to a high standard.

West Coast Timezone preferred.

What you will do:

• Collaborate with various teams across the organization to prepare the COGS allocation calculation during the month-end close, ensuring compliance with the company's ASC 705 Cost of Sales and Services policy. 
• Work closely with the supply chain and logistics team to prepare the inventory capitalization calculation during month-end close, ensuring accurate alignment of expense capitalization with inventory movements.
• Work closely with the supply chain team to ensure inventory costs are accurately captured in all inventory transactions within the ERP system.
• Support month-end and year-end close processes by preparing journal entries and account reconciliations related to inventory and cost of sales.
• Analyze income statement accounts related to cost of sales and collaborate closely with FP&A team members on actual and forecast analysis.
• Assist with preparation of excess and obsolete inventory analysis and reserves.
• Assist with landed cost analysis and identify and track various overhead costs at both the BOM and component levels. Monitor actual rates against historical rates, report cost variances, and investigate root causes.
• Ensure compliance with relevant accounting standards, internal controls, and company policies related to inventory and cost of sales.
• Prepare and maintain accurate and organized cost accounting records and documentation.
• Assist with external audits related to cost accounting, inventory and fixed assets.
• Drive continuous improvements in the efficiency and effectiveness of accounting processes and controls.
• Participate in special projects and ad-hoc analysis as required.

Requirements

We would love to have you on our team if you have:

Experience with Big 4 accounting firms and CPA preferred

Knowledge of the manufacturing process from raw material to finished goods and cost of sales is preferred

5+ years related accounting and external reporting experience

Proven ability to succeed in a fast paced and constantly changing environment

Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and current accounting practices.

Ability to organize and prioritize tasks effectively in order to meet tight deadlines, working independently and under a multi-faceted team model

Experience with NetSuite or other large financial systems

Experience with ecommerce, hardware and software business models a plus

Benefits

At Oura, we care about you and your well-being. Everyone here at Oura has a ring of their own and we are continually looking to improve employee health and add to our benefits!

What we offer:

• Competitive salary and equity packages
• Health, dental, vision insurance, and mental health resources
• An Oura Ring of your own plus employee discounts for friends & family
• 20 days of paid time off plus 13 paid holidays plus 8 days of flexible wellness time off
• Paid sick leave and parental leave
• Amazing culture of collaborative and passionate coworkers

Oura takes a market-based approach to pay, which may vary depending on your location. US locations are categorized into tiers based on a cost of labor index for that geographic area. While most offers will be closer to the starting range, successful candidates' pay will be determined based on job-related skills, experience, qualifications, work location, internal peer equity, and market conditions. These ranges may be modified in the future.

• Region 1 $98,200-$109,500
• Region 2 $93,300-$103,500
• Region 3 $88,400-$98,200

A recruiter can determine your zones/tiers based on your US location.

To all recruitment agencies: Oura does not accept agency resumes. Please do not forward resumes to our jobs alias, Oura employees, or any other organization's location. Oura is not responsible for any fees related to unsolicited resumes.

Oura is proud to be an equal-opportunity workplace. We celebrate diversity and are committed to creating an inclusive environment for all employees. Individuals seeking employment at Oura are considered without regard to age, ancestry, color, gender (including pregnancy, childbirth, or related medical conditions), gender identity or expression, genetic information, marital status, medical condition, mental or physical disability, national origin, protected family care or medical leave status, race, religion (including beliefs and practices or the absence thereof), sexual orientation, military or veteran status, or any other characteristic protected by federal, state, or local laws. We will not tolerate discrimination or harassment based on any of these characteristics.

We will work to ensure individuals with disabilities are provided reasonable accommodation to participate in the interview process, to perform essential job functions, and to receive other benefits and privileges of employment.