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Senior Accountant

Peloton

Peloton

Accounting & Finance
New York, NY, USA
Posted on Friday, June 7, 2024

ABOUT THE ROLE

We are looking for a hard-working, highly motivated Senior Accountant to join Peloton’s Connected Fitness accounting team. This candidate will be responsible for taking ownership of the end-to-end workstream processes related to revenue. This candidate will challenge the status quo in order to develop and implement best practices within our accounting and financial reporting processes, including the daily supervision of one or more team members. The ideal candidate will have excellent business acumen, strong communication skills, and will be a natural numbers wizard with an affinity for data and software tools such as Excel, Alteryx, and other tools. The ideal candidate will have a strong working knowledge of the latest U.S. GAAP, including ASC 606 Revenue from Contracts with Customers, business process design, internal controls, and experience working with external auditors. They are an analytical thinker who enjoys working cross-functionally in a dynamic, fast-paced environment.

YOUR DAILY IMPACT AT PELOTON

  • Ownership of revenue accounting close process for assigned areas, including daily interaction with business partners and external auditors
  • Prepare and review monthly journal entries and related balance sheet account reconciliations
  • Assist in the calculation, presentation, and communication of revenue analytics and company Key Performance Indicators (KPIs) to finance leadership
  • Develop robust documentation around SOX-compliant internal controls, and ensure all controls are performed and documented in a manner that will meet the requirements of both internal and external auditors.
  • Ensure data integrity and compliance for assigned accounts across all relevant systems
  • Investigate reporting discrepancies and effectively communicate issues
  • Continually improve business processes through automation, thoughtful analysis, and researching or benchmarking best practices inside and outside of the company
  • Support business processes by partnering with other departments, including but not limited to the FP&A, Member Experience, Data Science, and Supply Chain teams
  • Assist in other assigned department-related tasks including special projects, ERP implementation, and other ad hoc analyses, as necessary

YOU BRING TO PELOTON

  • Bachelor’s or higher degree in Accounting or Finance
  • Active CPA or CPA eligible strongly preferred
  • In-depth knowledge of accounting theory and application of U.S. GAAP
  • 3-5 years of relevant Accounting experience; Public Accounting experience highly preferred
  • Experience with financial reporting and financial statement preparation; SEC experience a plus
  • Excellent communication skills; proven ability to communicate effectively with internal and external business partners at various levels
  • Proactive self-starter who enjoys a fast-paced environment and an ability to prioritize, multi-task, and meet pressing deadlines
  • Tech-savvy and MS Excel super user; must be comfortable working with and analyzing large datasets
  • ASC 606 knowledge and experience a plus
  • Experience working with various systems including, but not limited to NetSuite, SAP, Blackline, and Alteryx is a plus


#LI-Hybrid #LI-ES2

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
$88,600$115,200 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.