US Controller, Oura
Short Term, 8 Months
$166.5-192.5k
Salary is partially dependant on applicant’s location
More information about location
Health monitoring smart ring
Job no longer available
Health monitoring smart ring
501-1000 employees
Job no longer available
$166.5-192.5k
Salary is partially dependant on applicant’s location
More information about location
501-1000 employees
Company mission
Oura's mission is to make health a daily practice.
Role
Who you are
- ERP experience required; NetSuite experience preferred
- 10+ years of accounting experience
- Excellent analytical and problem-solving skills
- Experience leading a team of 5+ accounting professionals
- Detail-oriented, with a commitment to accuracy and a high degree of integrity
- Excellent project management skills, with the ability to handle many competing priorities
- Experience scaling a company internationally
- Experience selling through D2C and retail sales channels
What the job involves
- Lead the US-based accounting team, reporting directly to the CFO
- Partner with the Finland-based accounting team, including weekly touchpoints with the Finnish Group Controller to facilitate multibook month-end close and reporting process (under Finnish Accounting Standards [FAS] and US GAAP frameworks)
- Prepare financial statements (Income Statement, Balance Sheet, and Statement of Cash Flows) in line with US GAAP reporting standards
- Prepare month-over-month flux analysis and present the results to the FP&A team
- Facilitate solutioning with FP&A team on causation of actual variances against Plan
- Review and approval of US GAAP book-specific journal entries
- Reconcile FAS and GAAP financial statements monthly to document and communicate differences in accounting practices
- Review of inventory capitalization, including an evaluation to ascertain if revisions to the existing model are warranted, returned inventory, preparation of COGS and margin analysis
- Review of COGS vs Opex allocations, including supervision of cross-functional collaborations and technical accounting assessment
- Review of adequacy of warranty reserves and commercial return reserves
- Review on inputs/assumption and recording of stock based compensation expense
- Review loan amortization schedule
- Oversee entire US GAAP close process
- Review creation of all new skus in NetSuite for appropriate US GAAP and tax implications
- Perform ad hoc accounting guidance research and documentation
- Enhance operational processes to optimize efficiency and compliance with US GAAP reporting standards
- Partner with Director of Tax on tax related matters that arise
- Provide mentorship and performance feedback to the team in line with company policies and practices
Our take
As smart watches with health and wellbeing monitoring functions are now an everyday norm, Oura is offering similar wearable technology with its series of rings. It’s one of a number of companies gaining serious traction in the market, along with the likes of Circular and Movano.
The company gained an early profile after its collaboration with Gucci which created mainstream publicity and may have given it a leg up on the competition. With the smart ring market forecast to keep growing, Oura certainly finds itself in a promising position as it moves to build out its operations and refine the product.
The bottom line for Oura will be customer satisfaction and demand, which does make its mixed reviews so far a little troubling. That said, the announcement of its new "Circles" social feature, on top of an integration with InsideTracker and acquisition of "wave to pay" company Proxy, all look set to increase the functionality of the ring and could well win more consumers over.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
9% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Sep 2025
$900m
SERIES E
Dec 2024
$125m
SERIES D
Total funding: $1.3bn
Company benefits
- Beautiful workspaces in San Francisco by Pier 31, Oulu and Helsinki (Finland)
- Amazing culture of collaborative and passionate coworkers
- Wellness benefits
- An Oura Ring of your own
- Personal learning & development budget of 750 USD/EUR
- Unlimited course offerings from Coursera
- Five (5) total days of work time to devote to employee development training
- Equity
- Health, dental, and vision insurance
- 20 days of PTO
Company HQ
Linnanmaa, Oulu
Leadership
Tom Hale
(CEO, Not Founder)Seasoned senior board member and advisor at multiple high growth companies including Cars.com, Volara, and HomeAway.
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