Peloton Interactive, Inc.

Sr. Accountant - Subscription & Music Royalties

Peloton Interactive, Inc.$91K — $107K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of relevant accounting experience, preferably in public accounting
  • Active CPA or eligible preferred
  • In-depth knowledge of U.S. GAAP and accounting theory
  • Experience with financial reporting and SEC-related matters
  • Tech-savvy with advanced MS Excel skills and data analysis experience
  • Experience with systems like NetSuite, SAP, and others
  • Supervisory experience of at least 1 year preferred

Responsibilities

  • Own month-end close processes through collaboration with internal partners and auditors
  • Ensure compliance and integrity of financial data across systems
  • Prepare and review monthly journal entries and balance sheet reconciliations
  • Analyze financial results and report variances to management
  • Investigate discrepancies and communicate issues promptly
  • Develop and maintain SOX-compliant internal control documentation
  • Drive process improvements through automation and best practices

Benefits

  • 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 with up to 18 weeks of paid parental leave
  • Child care and family care discounts
  • Free access to Peloton Digital App and product discounts
  • Commuter benefits and Citi Bike Discount
  • Pet insurance and additional perks
Full Job Description
ABOUT THE ROLE

We are looking for a Senior Accountant to help manage and support Peloton's Subscription Accounting team! This person will be responsible for taking ownership of the end-to-end work-stream processes related to music royalty accounting. This candidate will challenge the status quo in order to develop and implement standard methodologies within our Accounting and Financial Reporting processes, including the daily supervision of one or more off-shore team members.

The ideal candidate will have an excellent eye for business, strong communication skills, and will be a natural numbers wizard with applicable expertise in Excel and other tools. In addition, the candidate has in-depth knowledge of U.S. GAAP, business process design, internal controls, and experience working with external auditors. This person is an analytical problem solver who enjoys working cross-functionally in a dynamic, fast-paced environment!

YOUR DAILY IMPACT AT PELOTON
  • Own the month-end close processes for assigned areas, including daily interaction with internal business partners and external auditors
  • Ensure data compliance for assigned accounts across all relevant systems
  • Ensure data integrity for assigned accounts including understanding of required upstream internal controls over financial reporting
  • Prepare and review monthly journal entries and related balance sheet account reconciliations
  • Prepare analytics over financial results on a monthly basis and report on variances versus prior periods to efficiently report results to upper management and internal business partners
  • Investigate reporting discrepancies and communicate issues as they occur in a timely manner
  • 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
  • Actively maintain and review designated General Ledger accounts and activity
  • Continually improve business processes through automation, thoughtful analysis, and researching standard methodologies in the industry
  • Support business processes by partnering with other departments, including but not limited to FP&A, Accounts Payable, Treasury, Tax, Human Resources, Legal, Supply Chain and Strategy
  • Assist with the design and test work leading up to the implementation of a new ERP system
  • Partake in ad hoc team projects and analysis, as assigned

YOU BRING TO PELOTON
  • 3+ years of relevant Accounting experience - Public Accounting experience preferred
  • Education and/or comparable professional experience in Accounting or related field
  • Active CPA or CPA eligible strongly preferred
  • In-depth knowledge of accounting theory and application of U.S. GAAP
  • Experience with financial reporting and financial statement preparation; SEC experience a plus
  • Experience in technology, retail, and/or e-commerce preferred
  • 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
  • Great teammate with a strong work ethic
  • Tech-savvy and MS Excel superuser; comfortable working with and analyzing large datasets
  • Experience working with various systems, including but not limited to NetSuite, SAP, Coupa, Kyriba, Concur, and BlackLine
  • Experience supervising one or more staff for 1+ years strongly preferred

#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

$91,250-$107,950 USD

About Peloton Interactive, Inc.

Peloton Interactive is a provider of fitness equipment and services. The company was founded in 2012 and has quickly become a leader in the industry, offering a range of products, including stationary bikes, treadmills, and fitness classes. Peloton's products are designed to provide users with a high-quality workout experience from the comfort of their own home, and the company's classes are led by experienced instructors who provide motivation and guidance. Peloton is committed to providing a seamless and personalized experience for its customers, and has developed a strong community of users who share their fitness journeys with one another.
Learn more about Peloton Interactive, Inc.
Size
7,866 employees
Market Cap
$2.8 billion
Industry
Net Income
$166.3 million
Founded
2012
5 Year Trend
+74.9%
Revenue
$2.9 billion
NASDAQ

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