Job Description

ABOUT THE ROLEWe are looking for a Manager, Financial Reporting and Consolidations to join our Accounting and Finance team at Peloton! This person will be part of the Financial Reporting and Governance team, and more specifically responsible for our consolidations and internal management reporting processes, including monthly close management, consolidation of subsidiary level general ledgers, monthly variance analysis, and governance over the organizations compliance with various financial statement close processes. This position will report to the Senior Manager, Financial Reporting and Consolidations, will work on multiple projects at once, and be responsible for creating and maintaining effective communication with multiple business partners.YOUR DAILY IMPACT AT PELOTONOwn monthly consolidation of domestic and international subsidiary general ledgers in accordance with U.S. GAAP and ensure accurate and timely reporting. This includes monitoring status during the close, review of Precor financial information, locking the NetSuite ledger and the preparation of consolidated trial balanceManage all aspects of global intercompany accounting, including governance framework, billings and allocations, settlements, eliminations, account reconciliations and coordination of transfer pricing with the Tax teamSupport the year-end financial statement audit, as well as any statutory audits throughout the yearPrepare monthly variance analysis with insightful comments for senior management reviewDevelop and maintain close governance policies, SOPs and transaction flows and communicate these to Accounting and FP&A teamsResponsible for the preparation of monthly close KPIs and compliance with close governance policiesCoordinate monthly close calendars with key leaders in the Accounting and FP&A teams, including scheduling of monthly close meetingsResponsible for monitoring and evaluating Peloton's foreign exchange exposure and partner with the Treasury team to implement vital accounting procedures and controlsResponsible for accumulating errors (both corrected out of period and uncorrected) during the quarter and performing quarterly SAB99/108 analysisPerform continuous assessment of the consolidation close process and implement controls to improve consistency and accuracy of the reported resultsDrive process efficiencies and reduction of close timeline by assessing and streamlining close-related activitiesAssist special projects, such EPM implementation, ERP enhancements, internal controls, and ad-hoc analyses as requestedYOU BRING TO PELOTON5+ years of accounting experience, with a mix of private and public accounting experience, more specifically strong experience of global consolidation, intercompany transactions/eliminations, foreign currency translation and remeasurements, multi-currency consolidations Active CPA license requiredEducation or comparable professional experience in Accounting or related fieldOutstanding problem-solving skills and ability to balance multiple priorities and timelinesPrior experience with NetSuite and SAP ERPsThe ability to take initiative to identify, prioritize and implement all elements required for the team to fulfill responsibilities in accordance with core strategic goalsStrong problem-solving skills, including the ability to effectively address any issue in collaboration with others as appropriate, and proactively identify and prevent potential problemsProven ability to leverage current technology to drive process efficienciesMust be highly organized, detail-oriented, self-starter with the ability to work independently and within a team environmentExceptional written and oral communication, teamwork orientation and diplomacyPerforms well under pressure and effectively balance multiple, concurrent demands and appropriately prioritize responsibilitiesAbility to work as a team player in a fast paced and dynamic environmentAbility to disaggregate, analyze and reconcile consolidated financial data in an accurate and timely mannerExperience working with Microsoft Office Suite; Outlook, Excel, Word, and PowerPointStrong understanding of internal control concepts, including documentation requirementsPossess an ownership mentality#LI-Hybird#LI-SS1The 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, without limitation, experience and 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 policyShort-term and long-term disabilityAccess to mental health services401k, tuition reimbursement and student loan paydown plansEmployee Stock Purchase PlanFertility and adoption support and up to 18 weeks of paid parental leave Child care and family care discountsFree access to Peloton Digital App and apparel and product discountsCommuter benefits and Citi Bike DiscountPet insurance and so much more!Base Salary Range$123,600-$151,850 USDABOUT 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 innovative hardware, distinctive software, and exclusive content. 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 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.At Peloton, we embrace technology, including AI, to enhance productivity and accelerate innovation in the work we do for our members, However, in our hiring process, our priority remains in getting to know you and your unique qualifications. To ensure a fair and equitable process, we do not permit the use of AI tools during any stage of the application and interview process. In considering you as an applicant, we want to understand your skills, experiences, and motivations without mediation through an AI system. We also want to directly assess your communication skills without the use of an AI tool. Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance and the San Francisco Fair Chance Ordinance, as applicable to applicants applying for positions in these jurisdictions.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.

Job Tags

Similar Jobs