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2024 Bascom 163A0427

Finance

Manager, Accounting

Location New York, New York, United States

Status Full-Time

ABOUT THE ROLE

We are looking for a hard-working, highly motivated Manager, Corporate Accounting to join our Accounting team! You will play a key role in the Accounting and Finance department. In this role, you will be responsible for taking ownership of various workstreams within the controllership organization, with a focus on corporate expenses and balance sheet accounts, and contributing to the development and implementation of standard methodologies within the accounting and financial reporting processes.

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 organization.

YOUR DAILY IMPACT AT PELOTON

  • Play an important role in the month-end financial statement close process by reviewing account reconciliations, keeping team priorities on track and assisting staff, and working with various cost centers throughout the organization to acquire relevant information
  • Take ownership and responsibility of preparing monthly account reconciliations for areas including equity and share-based compensation, prepaid expenses, accrued expenses, and corporate operating expenses (including marketing and legal expenses)
  • Assist in implementing accounting policies and procedures to ensure all financial transactions are carried out in accordance with GAAP principles
  • Review and approve journal entries and GL reconciliations prepared by staff/senior accountants on a weekly and monthly basis
  • Perform a detailed review of expense accounts for proper accruals, coding, and accounting
  • Investigate reporting discrepancies/anomalies and communicate issues as they arise in a timely manner
  • Review existing processes, structures, and systems to assist in the identification of improvement opportunities with a focus on simplification, standardization, and optimization, especially the reduction of manual, Excel-based activities
  • Partner with FP&A team and business department owners to improve monitoring and tracking of operating expenses for corporate departments, advise on accounting policies, calculate and record appropriate accruals each month, and understand the key drivers and variances to budget/forecast
  • Continually develop, expand and improve month-end close and financial reporting procedures and help drive the reduction of the close timeline by assessing and streamlining close-related activities
  • Support the year-end financial statement audit, as well as our quarterly reviews

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
  • Proven track record managing and developing the careers of direct reports
  • Experience with a Big 4 firm and/or SEC-registered company
  • Must be a highly organized, meticulous self-starter with the ability to work independently and within a team environment
  • Able to work effectively with all levels of an organization and manage relationships with external parties
  • Strong Excel skills - must be comfortable analyzing and manipulating large data sets
  • Outstanding problem-solving skills and ability to balance multiple priorities and deadlines
  • Experience with Netsuite and/or Oracle EPM preferred
  • Industry experience in SaaS-based technology companies and/or consumer products 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 leave 
- 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!
 
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. “Together We Go Far” 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.  If you would like to request any accommodations from application through to interview, please email: applicantaccommodations@onepeloton.com

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 an @ onepeloton.com  email address. 

If you have any doubts about the authenticity of an email, letter or telephone communication purportedly from, for, or on behalf of Peloton, please email  applicantaccommodations@onepeloton.com  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.

U.S. and Canada Recruitment Privacy Notice

EEA And UK Recruitment Privacy Notice

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