Full-Time
Revenue Accounting Manager
Revenue & O2C Accounting
Updated on 9/4/2026
Oura
1,001-5,000 employees
Wearable ring tracking sleep and HRV
Compensation Overview
$117.3k - $169k/yr
Remote in USA
Remote
Open to candidates across continental U.S. time zones; occasional travel may be required for team or cross-functional meetings. Candidates cannot reside in Alaska, Delaware, Iowa, Mississippi, Nebraska, South Dakota, West Virginia, or Wisconsin.
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- The candidate must have 7+ years of progressive accounting experience, including direct experience with revenue accounting and ASC 606.
- The candidate must have at least 2 years of direct people-management experience, including setting direction, coaching and developing team members, and managing performance.
- The candidate must have experience leading an accounting team’s day-to-day execution, including delegating work, establishing priorities, and ensuring timely, high-quality results.
- The candidate must have retail accounting experience, including exposure to retailer reconciliations, deductions or credits, reserves, and close support for large retail partner environments.
- The candidate must have strong working knowledge of ASC 606 and how accounting guidance is translated into practical processes and operational execution.
- The candidate must have strong analytical and problem-solving skills, with comfort working through large sets of transactional data and operational process details.
- The candidate must have strong collaboration and communication skills, with the ability to explain accounting topics in clear, business-oriented language.
- The candidate must have high attention to detail, sound judgment, and a process-oriented mindset.
- The candidate must be able to work independently and influence cross-functional stakeholders without direct authority.
- The candidate must demonstrate people leadership, including setting direction, coaching, and performance management.
- The candidate must have a strong systems and process mindset, with comfort digging into data, system flows, and configurations.
- The candidate must have excellent communication skills, including the ability to explain complex accounting and process topics in plain language to cross-functional partners such as Sales/Commercial, FP&A, Rev Ops, and Business Systems.
- Lead, coach, and develop the Revenue Accounting team by setting priorities, providing regular feedback, supporting performance management, and fostering accountability and continuous improvement.
- Build a high-performing, collaborative team culture by clarifying expectations, removing obstacles, and creating opportunities for team members to grow.
- Own and support monthly and quarterly close activities for assigned retail revenue areas, including journal entries, reconciliations, and flux analysis.
- Record and analyze accruals, reserves, deferred revenue, accounts-receivable-related entries, and other retail-related accounting entries in accordance with business activity and applicable accounting guidance.
- Provide clear, concise analysis and insights on retail revenue trends, movements, risks, and key balances to Finance leadership and cross-functional partners.
- Partner with Technical Accounting to assess ASC 606 implications and ensure accounting conclusions are applied consistently across retail programs, promotions, and operational processes.
- Translate accounting guidance into clear process steps, documentation, and practical business requirements that can be executed consistently by the team.
- Serve as an accounting resource for cross-functional partners as retail programs evolve and new scenarios emerge.
- Help establish and refine scalable accounting processes as new retailers and distribution partners are onboarded, including transaction flow reviews, enterprise resource planning setup validation, reconciliations, and close readiness.
- Partner with Business Systems, Retail, Revenue Operations, Logistics, and other stakeholders to support accurate transaction flows, clean data, and scalable execution.
- Maintain and improve standard operating procedures, process documentation, and supporting materials that enable strong controls, audit readiness, and repeatable execution.
- Identify process gaps, investigate root causes, and drive improvements that increase accuracy, efficiency, and scale across retail revenue accounting workflows.
- Support Accounting and business partners with clear guidance, strong communication, and a practical approach to operational issue resolution.
- Help strengthen documentation, controls, and close support in a fast-moving, high-growth environment.
- A Certified Public Accountant credential or equivalent is preferred.
- Experience in high-growth and/or global organizations is preferred.
- Familiarity with NetSuite or similar enterprise resource planning systems, plus experience partnering with systems teams on revenue-related configuration and process support, is preferred.
- Experience supporting audits, preparing documentation, and operating in SOX-ready or public-company environments is preferred.
- Experience helping build or improve templates, playbooks, and scalable documentation processes is preferred.
Oura makes the Oura Ring, a wearable that tracks sleep, HRV, and activity. Data from the ring is sent to a mobile app, where it’s analyzed to give personalized health insights and guidance. It differentiates itself with a focus on sleep and recovery, a compact design, and an easy-to-use app, plus partnerships and a direct-to-consumer model. Its goal is to help people improve health and performance by turning wearable data into practical guidance.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$1.5B
Headquarters
Oulu, Finland
Founded
2013
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Simplify's Take
What believers are saying
- Revenue reached $1.21 billion for nine months ended June 30, 2026, up 74%.
- Membership revenue jumped 121% to $240.5 million, creating recurring, high-margin cash flow.
- Oura’s Nasdaq filing and retail syndicate with Robinhood broaden capital access immediately.
What critics are saying
- Ring 4 battery defects drove $84.4 million warranty costs in fiscal 2025.
- A sleep-stage accuracy class action threatens Oura’s core trust thesis before the IPO.
- Samsung, Apple, Garmin, and Whoop can commoditize Oura’s premium pricing by 2027.
What makes Oura unique
- Oura owns over 80% of the global smart-ring market in 2026.
- Oura’s subscription flywheel hit 5 million paid members and 85% retention by June 2026.
- Tom Hale turned Oura into hardware-plus-software platform with board hires from Robinhood and Netflix.
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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
Growth & Insights and Company News
6 month growth
↑ 5%1 year growth
↑ 5%2 year growth
↓ -2%Robinhood Markets has been named an underwriter in Oura's initial public offering, marking a significant shift from its previous role as a share distributor. The move gives the brokerage an official seat at the table, potentially increasing its influence over how many shares are allocated to retail customers. As an underwriter, Robinhood takes on legal responsibility for the offering documents and earns fees from the gross spread between what the syndicate pays the company and what investors pay. Previously, it simply distributed allocations determined by traditional banks through its IPO Access product. The new role requires compliance infrastructure and due-diligence obligations that pure brokerages don't need. For Oura, a smart-ring maker, including a retail-focused firm in the syndicate helps reach individual investors directly. Robinhood shares last traded at $122.11 on 4 September, down 2.09%.
Oura IPO could hit $16B, can its 74% revenue growth justify the valuation? Oura IPO could value the smart ring maker at $16 billion as revenue jumps 74%, subscriptions double, and Oura prepares to list on Nasdaq. Table of contents. * Oura's road to a $16 billion valuation runs through 5 million paid members * Can Oura's rapid growth overcome battery problems and rising competition? * Why Oura's valuation depends on more than smart rings Key highlights: * Oura filed its S-1 targeting a $16B+ valuation and $3B raise, backed by 74% revenue growth to $1.21B, with membership revenue surging 121% to $240.5M * The subscription flywheel is the key driver: 5M paid members (doubled YoY), ~85% retention, and 3.1M rings sold * Key risks: Ring 4 battery defects ($84.4M warranty costs), a sleep-tracking accuracy lawsuit, and rising competition from Samsung, Apple, and Garmin Oura is preparing to enter the U.S. public markets as investor interest in fast-growing technology companies rebounds. The Finnish-founded health technology company publicly filed its Form S-1 registration statement with the U.S. Securities and Exchange Commission on Thursday, seeking to list on the Nasdaq Global Select Market under the ticker OURA. The planned listing will put Oura's growth and financial performance under greater public scrutiny, while raising questions about whether the smart-ring maker can sustain a valuation of more than $16 billion as it transitions from private to public markets. Oura's road to a $16 billion valuation runs through 5 million paid members. Although Oura has not disclosed the number of shares it plans to sell or set an IPO price range, reports surrounding the filing suggest the offering could raise up to $3 billion and value the smart-ring maker at more than $16 billion. That would mark a significant increase from its roughly $11 billion valuation following an $875 million funding round last year. The company's latest financial results help explain the investor interest. Oura generated $1.21 billion in revenue during the nine months ended June 30, 2026, up 74% from $697.6 million a year earlier. Notably, hardware accounted for most of that revenue at about $974 million, while membership revenue more than doubled to $240.5 million. The subscription business has become an increasingly important part of Oura's growth story. The company had 5 million paid members as of June 30, up from 2.5 million a year earlier. Membership revenue increased 121% year over year and carried an 89% gross margin, providing Oura with a recurring revenue stream that resembles a software business more than traditional consumer hardware. U.S. members pay $5.99 per month or $69.99 annually, with about 63% of new members choosing annual plans. Oura also reported roughly 85% 12-month paid-member retention. Hardware sales remain the company's primary growth driver. Oura sold 3.1 million rings in the first nine months of fiscal 2026, compared with 1.8 million during the same period a year earlier. The company has also expanded distribution through retailers, including Amazon, Best Buy, Costco, and Target, which accounted for about 49% of hardware revenue. Financially, Oura reported $60.8 million in net income, up from $1.6 million a year earlier, while adjusted EBITDA reached $106.7 million. Operating cash flow more than doubled to $328 million. However, the filing also reported a $924.3 million net loss attributable to common stockholders, largely driven by a $985 million deemed dividend tied to redeemable convertible preferred stock. Oura ended the period with $371.8 million in cash and $380.1 million in debt. Can Oura's rapid growth overcome battery problems and rising competition? Oura's rapid revenue growth will be a key test of whether investors are willing to accept its proposed $16 billion-plus valuation. The company generated $406.8 million in fiscal 2024 revenue, rising to $907.9 million in fiscal 2025, before surpassing $1.2 billion in the first nine months of fiscal 2026. The growth puts Oura on track to approach $2 billion in annual revenue and highlights the momentum behind its business. But the company faces several challenges that could weigh on its valuation. Oura disclosed battery problems affecting some Ring 4 devices, pushing warranty expenses to $84.4 million in fiscal 2025. It is also facing a proposed class-action lawsuit over allegations related to the accuracy of its sleep-stage measurements, claims the company has disputed. Competition is adding further pressure. Oura helped establish the smart-ring category, but Samsung's Galaxy Ring, Amazfit's Helio Ring, and other wearable devices are giving consumers more alternatives. Apple and Garmin also compete for customers seeking health, fitness, and biometric tracking through broader wearable ecosystems. Why Oura's valuation depends on more than smart rings. To support its premium valuation, Oura is positioning itself as more than a hardware maker. The company describes its business as an "always-on health intelligence platform," built around more than 50 health and wellness metrics and nearly 42 billion hours of physiological data. It is also expanding into clinical research, women's health, employers, health plans, and healthcare providers. That strategy could strengthen Oura's valuation if the company can turn its growing user base and data into recurring subscription revenue and sustainable profits. However, a $16 billion-plus valuation already reflects high expectations for future growth. Oura's roughly 74% revenue growth provides a strong foundation, but it may not be enough by itself. Investors will likely want to see continued growth, healthy subscription margins, tighter hardware costs, and a clear path toward durable profitability before fully embracing the premium valuation.
Europe's health-tracking decacorn heads to Wall Street as Oura files for Nasdaq listing. September 4, 2026 * Oura submitted an application for a US initial public offering, aiming to raise up to $3 billion. * Over the last nine months, Oura has achieved revenue of $1.21 billion and suffered a net loss of $924.3 million. * The IPO might assign a value of over $16 billion to Oura, the company which is currently based in New York. Oura Ring was founded following Nokia's collapse in the early 2010s, a period which left the city of Oulu with a large number of experienced hardware engineers and state-of-the-art research laboratories. Three engineers used these facilities to develop a titanium smart ring. On September 3, 2026, Oura submitted an application to the US Securities and Exchange Commission for an initial public offering that might give the company a market value of more than $16 billion. Oura, now a company incorporated in the United States with its base in San Francisco, achieved revenue of $1.21 billion over the nine months ending June 30, up from $697.6 million a year earlier. The net loss for shareholders rose to $924.3 million from $182.8 million, primarily due to a deemed dividend associated with the preferred stock rather than operating losses. During the previous year, Oura sold more than 3.6 million rings. From Nokia's collapse to a $16 billion smart ring. Oura was set up in 2013 by Petteri Lahtela, Kari Kivelä, and Markku Koskela, who were engineers at Nokia and Polar in Oulu. The firm introduced its first ring on Kickstarter in 2015 and officially launched it at the Slush event in 2017. Following Tom Hale's takeover as CEO in 2022, revenue increased rapidly, rising from $500 million in 2024 to just under $1 billion in 2025. Hale anticipates that revenue will reach $1.5 billion in 2026. As Tech Funding News reported, Oura's valuation rose from $5.2 billion in December 2024 to $11 billion less than a year afterwards. A valuation of $16 billion at the time of the IPO would represent a 45% increase in under a year. Key financial figures for wall street. During the first nine months of fiscal 2026, hardware accounted for 80% of Oura's revenue, the remaining 20% coming from the $6-per-month Oura Membership subscription, which had a renewal rate above 80%. Competition is increasing: in March 2026, Whoop raised $575 million at a valuation of $10.1 billion, and both Samsung's Galaxy Ring and Google's new Fitbit are aiming at the same customer base. According to IDC, Oura has more than 80% of the global smart ring market. Nevertheless, a class-action lawsuit that is still pending over the accuracy of sleep tracking could pose a risk to new investors. The IPO is being underwritten by Goldman Sachs, Morgan Stanley, J.P. Morgan, Allen & Co., and BofA Securities, with Robinhood Securities acting as co-manager, indicating that Oura aims to attract retail investors from the outset. Finland's export challenge. As Bloomberg points out, Oura's filing, together with Glasgow's Aggreko, serves as further evidence that large European companies are proceeding with listings in the United States. TFN reports that the number of European companies waiting to go public has fallen to 223, and the French crypto wallet company Ledger is also planning a US listing valued at $4 billion. What makes Oura's action stand out is that it did not need to move its operations. In July 2026, the Finnish deep-tech company IQM demonstrated that a European hardware startup can list on Nasdaq while retaining its headquarters, research and development activities, and capital in Espoo, thus combining a listing in the United States with a dual listing on Nasdaq Helsinki. By contrast, Oura has opted for full incorporation in the United States, has chosen San Francisco as its headquarters, and, according to Bloomberg, has had its board updated on September 2, 2026, with leaders from Netflix, Robinhood, and Deliveroo. Oura is likely to receive a high valuation at its initial public offering, as consistent revenue growth generally gives investors confidence. However, it is unclear whether the stock market will reward Oura more for its move than it did IQM when it stayed in Finland. The outcome may influence Finnish entrepreneurs' decisions about where to incorporate their companies in the future.
Oura takes step toward IPO with S-1 filing, revealing $1.4 billion in revenue. Sep 3, 2026, 2:50 PM PT Oura just got one step closer to becoming a public company. The smart-ring maker filed its S-1 paperwork on Thursday, a required step on the road to an initial public offering. The filing said Oura pulled in $1.4 billion in revenue and $59 million in net income in the one-year period that ended in June. The company said revenue had grown 74% year-over-year, comparing the first three quarters of fiscal year 2026 to the same period in 2025. Oura also said in the filing that it has "a history of operating losses" and has "only recently achieved profitability," adding "there can be no assurance that we will maintain profitability in any future period." The filing showed Oura incurred losses of $924 million on revenue of $1.21 billion for the nine-month period ended in June. For the same period a year prior, the company's losses were $182.8 million on revenues of $697.6 million. The Oura Ring maker, which plans to list on the Nasdaq under the ticker OURA, had 5 million paid members as of June, the filing said. The filing lists several risk factors facing the company, as is required in S-1s by the Securities and Exchange Commission. "We have experienced rapid growth in recent years," the risk factors section says. "This rapid growth may not be sustainable or indicative of future performance, and we expect our growth rate to slow over time." The company said current trade tensions and tariffs could increase the cost of some of its products, while broader economic pressure and changes in consumer spending levels could impact its business. The filing also said much of Oura's revenue comes from a "limited number of retail partners." The company said that for the nine months ended in June, its two largest customers accounted for 12% and 10% of its total revenue, respectively. Oura said its business relies on outside AI models, including OpenAI, Anthropic, and Google, and on third-party data centers, adding that disruptions to the data centers could impact the company. It also said there were "legal, regulatory, ethical, security, or reputational risks" associated with AI. This story is breaking. Check back for updates.
Oura files for Nasdaq initial public offering following rapid revenue growth. Luke Juricic Investing.com - ŌURA Inc., the health intelligence platform and maker of the Oura Ring, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The San Francisco-based company has applied to list its shares on the Nasdaq Global Select Market under the ticker symbol "OURA," according to the filing. The offering marks a significant public market milestone for the smart ring pioneer following a period of rapid top-line growth and operational expansion. Financial terms, including the number of shares to be offered and the proposed price range, have not yet been determined. Goldman Sachs, Morgan Stanley, J.P. Morgan, Allen & Company, and Jefferies are acting as joint lead book-running managers for the proposed offering. BofA Securities, Barclays, and Wells Fargo Securities are also acting as joint book-running managers alongside a broad syndicate of underwriters. The filing highlights accelerating commercial momentum, with total revenue reaching $1.21 billion for the nine months ended June 30, 2026, representing a 74% increase from $697.6 million in the prior-year period. Hardware sales accounted for the primary share of top-line performance, driving $973.98 million in revenue, while subscription-based Membership revenue more than doubled to $240.53 million. Profitability metrics also expanded over the same timeframe, reflecting operating leverage across the business. Oura generated net income of $60.77 million for the first nine months of fiscal 2026, up from $1.57 million a year earlier, while Adjusted EBITDA increased to $106.65 million. The growth has been supported by a surging installed base, with the company reporting 5.0 million Paid Members as of June 30, 2026, up from 2.5 million a year prior. Hardware shipments similarly accelerated, with the company selling 3.1 million Oura Rings during the nine-month period compared to 1.8 million in the comparable year-ago period. Proceeds from the offering are intended for general corporate purposes, including technology development, working capital, operating expenses, and capital expenditures. A portion of the net proceeds will also be allocated to satisfy tax withholding and remittance obligations associated with the settlement of restricted stock units. Ahead of the public filing, the company completed a structural reorganization on March 31, 2026, redomiciling its parent entity from Finland to Delaware-based Oura Inc. Investors will be monitoring how the business continues to scale its hardware-plus-software subscription model as it prepares for its Nasdaq debut.