Accounting Manager, Fixed Assets & Capital Accounting

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 millions of 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. The Accounting Manager, Fixed Assets & Capital Accounting is a high-impact individual contributor role within the Corporate Accounting organization. This individual will serve as the subject matter expert and end-to-end operational owner for ŌURA’s global capital assets, corporate facility investments (including leasehold improvements and tenant allowances), internally developed software (ASC 350-40), lease accounting portfolio (ASC 842), and associated capital expenditure (CAPEX) workflows. This role requires a seasoned accounting professional with the technical rigor to own SOX control execution, the operational initiative to design and scale agile processes as the business evolves, and the cross-functional influence to partner effectively with Engineering, Supply Chain, IT, Facilities, Marketing, and Legal. The ideal candidate brings deep domain expertise to ensure capital assets, software investments, and lease liabilities are accurately accounted for and presented across the Balance Sheet, Income Statement, and Statement of Cash Flows, while remaining eager to support broader Corporate Accounting team initiatives. Core Responsibilities 1. Capital Asset, Real Estate, & Lease Accounting Execution Fixed Asset & LHI Lifecycle Management: Drive end-to-end accounting for Property, Plant, and Equipment (PP&E), intangibles, Construction-in-Progress (CIP), and Leasehold Improvements (LHIs). Track facility build-outs, ensure proper capitalization timing, evaluate Tenant Improvement (TI) allowances, and align amortization schedules with lease terms. Internally Developed Software (ASC 350-40): Own the end-to-end accounting framework for internal-use software capitalization. Establish cross-functional processes with Product, Engineering, and IT to identify qualifying projects, track stage-by-stage development costs (preliminary, application development, post-implementation), and enforce proper capitalization/amortization discipline. Lease Accounting (ASC 842) Ownership: Manage the global corporate lease accounting portfolio, verifying contract classifications, discount rates, schedule additions/modifications, facility lease components, and monthly Right-of-Use (ROU) asset and liability reconciliations. Cash Flow Presentation & Financial Integrity: Ensure the precise accuracy and financial statement presentation of fixed assets, capitalized software, lease liabilities, facility CAPEX, and non-cash adjustments within the primary financial statements, with a strong focus on the Statement of Cash Flows. Impairment & Valuation Analysis: Partner with Technical Accounting to establish frameworks for evaluating asset impairment indicators (including software obsolescence, facility abandonments, or subleases), conducting annual or trigger-based valuation reviews, and executing necessary write-offs or reserve adjustments. 2. Scalable Process Design & Cross-Functional Influence Scalable Process Architecture: Design, implement, and continuously refine agile, future-ready capital accounting processes that adapt cleanly to changes in business model, product strategy, and organizational growth. Cross-Functional Asset Discovery: Establish proactive, cross-functional discovery procedures with IT, Engineering, Facilities, and Procurement to systematically identify capital asset purchases, new lease agreements, and software initiatives across the organization as they arise. Policy Authoring & Operationalization: Author, update, and enforce global Capital Asset, Software Capitalization, and Lease Accounting policies, setting clear capitalization thresholds, physical inventory mandates, facility tracking rules, and documentation standards. Business Partnership & Guidance: Serve as the primary finance contact for business partners across Facilities, Real Estate, IT, Engineering, Product, an