Revenue Accounting Manager, Komodo Health
$106-166k
Salary dependent on location
Comprehensive patient journey data
Open for applications
Comprehensive patient journey data
501-1000 employees
Open for applications
$106-166k
Salary dependent on location
501-1000 employees
Company mission
To reduce the burden of disease.
Role
Who you are
- Bachelor’s degree in Accounting required
- A minimum of five years of combined professional experience in public accounting (preferably with a Big Four) and SaaS industry
- Must have advanced proficiency in Microsoft Excel, including the ability to analyze large datasets, extract actionable business insights, and present findings clearly and concisely to stakeholders across all organizational levels
- Proven ability to to navigate ambiguities with guidance and independently own projects, proactively forge collaborative cross-functional relationships, identify and apply critical problem-solving skills to resolve issues, and consistently deliver timely project results
- Experience with large-scale ERP and CRM systems (NetSuite, Salesforce) and dedicated revenue automation software (e.g., Zuora RevPro or equivalent) for managing complex ASC 606 revenue recognition
- Exceptional attention to detail and accuracy while maintaining strong interpersonal, verbal, and written communication skills for effective collaboration and stakeholder interaction
- Embrace and drive change in a dynamic, fast-paced environment, proactively identifying opportunities for continuous process improvement and fostering a growth mindset for personal and team development
- A highly resourceful and resilient team player with a positive attitude and a strong sense of accountability, committed to finding and implementing effective solutions
What the job involves
- We are the Revenue Accounting team. We ensure the company's revenue is recognized accurately and on time, strictly following ASC 606 standards. Our work involves cross-functional collaboration with teams like Sales, Deal Desk, and Legal to analyze contracts, determine performance obligations, and manage the entire revenue lifecycle from contract execution to reporting. We are the central point for revenue recognition and the primary contact for revenue-related audit requests
- Looking back on your first 12 months at Komodo Health, you will have accomplished…
- A solid understanding of the company's business model, products, services, and core business processes
- Independently review complex revenue contracts, assess the revenue position, address issues and articulate them precisely to the leaders of the revenue and accounting team as well as non-finance audience
- Close the assigned month (quarter, year) end activities accurately and timely
- Assisted the revenue leaders to improve scalability and operational efficiency by streamlining core revenue processes—including the implementation of automation and standardization—to support the company's projected growth
- Collaborate cross-functionally with teams including Sales, Deal Desk, Operations, Revenue/Finance Systems, and FP&A to ensure accurate, complete, and timely revenue reporting
- These are the essential job duties you will be responsible for …
- Review and analyze complex customer contracts to evaluate and formally document revenue accounting treatment (based on the five-step model) according to ASC 606 and company’s revenue policies
- Partner with Sales and Deal Desk to provide revenue guidance on ASC 606 to ensure appropriate identification of performance obligations and impacting terms, and coordinate with Operations and Professional Services to ensure the timely and accurate recognition of revenue
- Drive the timely and accurate completion of month-end and quarter-end financial closes under tight deadlines, ensuring seamless communication and coordination with Accounting, Financial Reporting, FP&A
- Support FP&A in the analysis of revenue performance against plan, and assist with the preparation of required ASC 606 financial statement disclosures and responses to external auditor inquiries
- Participate and assist the leaders in the revenue accounting team to streamline existing manual revenue processes, enhance efficiency, facilitate standardization, and improve the effectiveness of the monthly and quarterly revenue close cycle
- Contribute to ASC 606 compliance by assisting with annual assessments of Material Rights and Standalone Selling Price (SSP), and provide critical, time-sensitive ad-hoc financial analysis to support executive leadership and FP&A function
- Accelerate contract reviews by automatically extracting terms related to revenue, such as pricing, payment schedules, performance obligations, option pricing, and opt-outs/termination for convenience
- Automate the documentation of standard operating procedures (SOPs) and workflows for key revenue processes, ensuring they are consistently updated and readily available for audit/public company readiness, cross-training, and employee onboarding
- Research, interpret, and summarize relevant ASC 606 guidance for specific revenue arrangements
- Draft initial technical revenue accounting memos by extracting key facts from contracts and integrating the correct accounting guidance, presenting a clear, supportable position for human review and finalization
- Accurately summarize meeting transcripts or recordings, identifying and extracting all key decisions and action items with associated owners and deadlines
Our take
Komodo Health's Healthcare Map tracks the healthcare journeys of over 330M patients, giving providers, pharma companies, and researchers the tools to identify opportunities for care, track treatment outcomes, and uncover patterns in patient and drug behavior.
The platform tackles the fragmentation of healthcare, helping organizations act on reliable, real-world intelligence instead of incomplete or siloed date.
The company's been making some big moves recently too, with the launch of its healthcare-native AI engine Marmot™ and partnering with Anervea.ai to bring Ai directly into clinical development. With these innovations and strategic partnerships, Komodo is in a really good spot to lead the future of AI-driven healthcare intelligence.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-4% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Dec 2022
$200m
LATE VC
Mar 2021
$220m
SERIES E
Total funding: $514m
Company HQ
Midtown Manhattan, New York, NY
Leadership
Arif Nathoo
(Co-Founder & CEO)Studied Medicine at Harvard. Former Associate Principal at McKinsey & Co for 7 years. Became a Senior Advisor for 2 years.
Web Sun
(Co-Founder & President)Previously worked in Sales and Marketing at Merck&Co. VP of Business Development at Campbell Alliance.
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