Manager, Accounting

Job description

ABOUT THE ROLE We are looking for a proactive, motivated, and process-minded Manager, Accounting to join our Accounting team! This role bridges core accounting with continuous process modernization. You will play a key role in the Accounting and Finance department during a dynamic period of process transformation. In this role, you will be responsible for both core accounting and driving finance transformation initiatives that improve efficiency, scalability, control automation, and reporting quality. You will identify and implement automation, leverage AI, and eliminate manual workflows - all while ensuring strong internal controls, high reporting quality, and close alignment with cross-functional partners and offshore teams. 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 • Lead initiatives focused on driving efficiency, scalability, control automation, and reporting quality across the controllership organization • Assist in implementing accounting policies and procedures to ensure all financial transactions are carried out in accordance with GAAP principles • Partner closely with our offshore accounting team to guide daily deliverables, review work products, streamline handoffs, and ensure consistent quality standards • Identify opportunities to reduce manual, Excel-heavy workflows through automation, AI tooling, and enhanced workpaper standardization • 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 • Assist in the redesign and structure of our Chart of Accounts (COA) and partner on ERP-based implementations and enhancements • Investigate reporting discrepancies/anomalies and communicate issues as they arise in a timely manner • Partner with FP&A team and business department owners to improve monitoring and tracking of operating expenses for cost centers, advise on accounting policies, calculate and record appropriate accruals each month, and understand the key drivers and variances to budget/forecast • 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 • Proven track record managing and developing the careers of direct reports • Proven track record or strong interest in process optimization, workflow automation, and leveraging tech/AI solutions to modernize accounting functions • 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 ARCs preferred • Industry experience in SaaS-based technology companies, retail, consumer products, and/or media a plus • Experience in a high growth organization • Experience working with or managing offshore/global delivery teams is a plus • International reporting is a plus #LI-KM1 #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, 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 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 $123,600—$151,850 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 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 www.one