Director of Subscription Segment Accounting

Peloton · New York City, NY

Company

Peloton

Location

New York City, NY

Type

Full Time

Job Description

ABOUT THE ROLE

We are looking for an experienced and motivated Director of Corporate Accounting to join our Accounting and Finance team at Peloton! This position will be a key member of the Corporate Accounting team and supervise the teams responsible for the accounting of the subscription segment. The candidate will be responsible for designing and carrying out scalable policies, processes, and systems that address risk management and efficient transaction processing while ensuring accounting is in accordance with US GAAP.Ā  The candidate will partner with technical accounting and business teams to ensure proper accounting of new products, offerings and related promotions are accounted forĀ 

The Director of Corporate Accounting will possess excellent communication and relationship-building skills as they work across the organization. The role will work on multiple projects at once and be responsible for developing and maintaining effective communication with multiple business partners!

YOUR DAILY IMPACT AT PELOTON
  • Supervise and add consistent, valuable thought leadership regarding the accounting of all intercompany transactions, as well as the design, implementation, and execution of scalable and effective systems and processes
  • Partner closely with various corporate functions, ensuring that business needs are met while ensuring efficiency and accuracy of accounting in accordance with US GAAP
  • Demonstrate experience and knowledge to assist with the design, implementation, and execution of scalable, efficient, and GAAP compliant processes and related systems, including the consideration of RPAs
  • Manage all aspects of the month-end close process as it pertains to the corporate accounting teams
  • Ensure compliance with SOX in all processes of the corporate accounting teams
  • Act as a key team leader, foster a growth and innovation mentality, and work to build a strong team in a constantly evolving environment
  • Proactively participate in the management of the overall accounting and finance department as a key leader on the accounting team
  • Manage the process for transaction-level matching, reconciliation, and elimination, including clearing of original balances post-settlement of intercompany transactions
YOU BRING TO PELOTON
  • 8+ years of accounting or reporting at a public company and/or external audit of public companies.
  • Education and/or comparable professional experience in Accounting or related field
  • Active CPA license in good standing
  • A strong understanding and application of US GAAP, with a specialization of knowledge surrounding intercompany transactions
  • Experience supporting the netting and settlement of intercompany transaction invoices
  • A proven track record of effective communication at all levels across the entire organization, with a high level of self-awareness when it comes to the effectiveness of their own communication and an ability to lead through influence
  • Knowledge and experience regarding the effective financial system design and configuration of financial systems in order to support a rapidly growing and internationally expanding organization
  • A highly organized, meticulous self-starter drive with the ability to work independently and collaborate with a cross-functional team
  • The ability to assist with calculation and documentation of corporate allocations and centralized service charges
  • Through prior experience, recommend and implement process improvements for the overall team and drive consistency and standardization to process and procedures.
  • The ability to work effectively with all levels of an organization and effectively communicate clear and concise ideas both verbally and in writing
  • Strong problem-solving skills, including the ability to effectively address any issue in collaboration with others as appropriate; ability to proactively identify and prevent potential problems
  • Performs well under pressure and effectively balance multiple, concurrent demands and appropriately prioritize responsibilities
  • A solid understanding of internal control concepts, including documentation requirements

Base Salary: $218,600.00Ā  to $284,200.00

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 insuranceĀ 
  • 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!

#LI-JL1

#LI-Hybrid

ABOUT PELOTON:

Peloton is the leading interactive fitness platform globally, with a passionate community of nearly 7 million Members in the US, UK, Canada, Germany, and Australia. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that motivate its Members to commit to their fitness journeys. An innovator at the nexus of fitness, technology, and media, Peloton reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, world-class streaming digital fitness and wellness content, and best-in-class fitness experts and Instructors.

Peloton is an equal opportunity employer and committed to creating an inclusive environment for all of our applicants. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. 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

03/02/2023

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