Accounting Manager

Peloton • New York City, NY

Company

Peloton

Location

New York City, NY

Type

Full Time

Job Description

ABOUT THE ROLE

We are looking for a hard-working, highly motivated Accounting Manager to join the Subscription Accounting team! You will play a key role in the Accounting and Finance department during a dynamic period of high growth and process transformation. In this role, you will be responsible for taking ownership of various workstreams within the controllership organization, with a focus on global subscription revenue. This includes all-access, app, and rental subscription revenue streams, as well as our B2B, partnership, and studio revenue streams.

The ideal candidate will have a strong working knowledge of U.S. GAAP, external reporting processes, and internal controls, as well as a thorough understanding of Peloton’s multifaceted business. You are a demonstrated leader who excels in managing people and can exceed goals in a fast-paced, deadline-driven environment. This role offers a great opportunity to learn and grow within a high-energy, high-growth organization.

YOUR DAILY IMPACT AT PELOTON

  • Play an important role in the month-end financial statement close process by reviewing journal entries, assisting Staff and Senior Accountants, keeping team priorities on track, and working with various business partners throughout the organization to acquire relevant information and troubleshoot any issues that may arise
  • Review and approve journal entries and balance sheet account reconciliations prepared by Staff and Senior Accountants on a monthly basis
  • Assist in implementing accounting policies and procedures to ensure all financial transactions are carried out in accordance with GAAP principles
  • Review existing systems and processes to assist in the identification of improvement opportunities with a focus on standardization and optimization, especially the reduction of manual, Excel-based activities
  • Continuously improve month-end close processes and financial reporting to help drive the reduction of the close timeline by assessing and streamlining close-related activities
  • Partner with FP&A and Data Science in order to perform monthly analytics and understand the key drivers and variances to prior period actuals as well as budget/forecast
  • Investigate reporting discrepancies and troubleshoot issues as they arise in a timely manner
  • Take ownership of the internal controls for your respective areas by continually reassessing and updating process flowcharts and control activities as needed
  • Contribute to special projects and ERP enhancements on an ad hoc basis as requested
  • Support the year-end financial statement audit, as well as any statutory audits that may arise

YOU BRING TO PELOTON

  • 7+ years of relevant accounting experience, with a mix of private and public accounting experience preferred
  • Education and/or comparable professional experience in Accounting or related field
  • Active CPA license in good standing
  • Experience with a Big 4 firm and/or SEC-registered company
  • Experience in a dynamic, high growth organization
  • Proven track record managing and developing the careers of direct reports
  • Must be a highly organized, meticulous self-starter with the ability to work both independently and within a team environment
  • Able to work effectively with all levels of an organization and manage relationships with both internal and external parties
  • Outstanding problem-solving skills and ability to balance multiple priorities and deadlines
  • Strong Excel skills - must be comfortable analyzing and manipulating large data sets
  • Experience with Alteryx and NetSuite preferred
  • Experience with the interpretation and application of ASC 606 is a plus
  • Industry experience in a SaaS-based technology company is a plus


#LI-JL1

#LI-Hybrid

The base salary range represents the low and high end of the anticipated salary range for this position based at our New York City headquarters. The actual base salary offered for this position will depend on numerous factors including individual performance, business objectives, and if the location for the job changes. Our base salary is just one component of Peloton’s competitive total rewards strategy that also includes annual equity awards and an Employee Stock Purchase Plan as well as other region-specific health and welfare benefits.
As an organization, one of our top priorities is to maintain the health and wellbeing for our employees and their family. To achieve this goal, we offer robust and comprehensive benefits including:

- Medical, dental and vision insurance

- Generous paid time off policy

- Short-term and long-term disability

- Access to mental health services

- 401k, tuition reimbursement and student loan paydown plans

- Employee Stock Purchase Plan

- Fertility and adoption support and up to 18 weeks of paid parental leaveĀ 

- Child care and family care discounts

- Free access to Peloton Digital App and apparel and product discounts

- Commuter benefits and Citi Bike Discount

- Pet insurance and so much more!

Ā 

Base Salary Range

$122,700—$159,400 USD


ABOUT PELOTON:

Peloton (NASDAQ: PTON), provides Members with expert instruction, and world class content to create impactful and entertaining workout experiences for anyone, anywhere and at any stage in their fitness journey. At home, outdoors, traveling, or at the gym, Peloton brings together immersive classes, cutting-edge technology and hardware, and the Peloton App with multiple tiers to personalize the Peloton experience [with or without equipment]. Founded in 2012 and headquartered in New York City, Peloton has millions of Members across the US, UK, Canada, Germany, Australia, and Austria. For more information, visit www.onepeloton.com.

At Peloton, we motivate the world to live better. ā€œTogether We Go Farā€ means that we are greater than the sum of our parts, stronger collectively when each one of us is at our best. By combining hardware, software, content, retail, apparel, manufacturing, Member support, and so much more, we deliver an exhilarating fitness experience that unlocks our members' greatness. Join our team to unlock yours.

Peloton is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. Equal employment opportunity has been, and will continue to be, a fundamental principle at Peloton, where all team members, applicants, and other covered persons are considered on the basis of their personal capabilities and qualifications without discrimination because of race, color, religion, sex, age, national origin, disability, pregnancy, genetic information, military or veteran status, sexual orientation, gender identity or expression, marital and civil partnership/union status, alienage or citizenship status, creed, genetic predisposition or carrier status, unemployment status, familial status, domestic violence, sexual violence or stalking victim status, caregiver status, or any other protected characteristic as established by applicable law. This policy of equal employment opportunity applies to all practices and procedures relating to recruitment and hiring, compensation, benefits, termination, and all other terms and conditions of employment. Ā If you would like to request any accommodations from application through to interview, please email: [email protected]

Please be aware that fictitious job openings, consulting engagements, solicitations, or employment offers may be circulated on the Internet in an attempt to obtain privileged information, or to induce you to pay a fee for services related to recruitment or training. Peloton does NOT charge any application, processing, or training fee at any stage of the recruitment or hiring process. All genuine job openings will be posted here on our careers page and all communications from the Peloton recruiting team and/or hiring managers will be from anĀ @onepeloton.comĀ email address.Ā 

If you haveĀ any doubts about the authenticity of an email, letter or telephone communication purportedly from, for, or on behalf of Peloton, please emailĀ [email protected]Ā before taking any further action in relation to the correspondence.

Peloton does not accept unsolicited agency resumes. Agencies should not forward resumes to our jobs alias, Peloton employees or any other organization location. Peloton is not responsible for any agency fees related to unsolicited resumes.

Apply Now

Date Posted

03/16/2024

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