ABOUT THE ROLE
We are looking for a hardworking, highly motivated professional to join our consolidations team as Manager Global Consolidations. The position requires an experienced and collaborative person who can influence and manage a large group of stakeholders across the Accounting and FP&A teams. Attention to detail, excellent organizational and project management skills and strong communication skills are key requirements for this role. This is a critical role in consolidating our global monthly results with high visibility to executive management.
This position will report to the Sr. Director, Financial Reporting and Analysis at Peloton's HQ in New York. The ideal candidate will possess excellent communication and relationship building skills to partner across the organization and understand Peloton’s multifaceted business and legal entity model. The person will proactively manage the consolidation team in a fast-paced environment and ensure team priorities are on track. The candidate is an exceptional mentor, teammate and leader who can guide his/her team while exceeding goals in a fast-paced environment. The Manager will work on several projects at once and be responsible for developing and maintaining effective communication with cross-functional business partners. The Manager may also be involved in other Accounting & Finance activities as needed.
YOUR DAILY IMPACT AT PELOTON
- Own 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 balance
- Prepare monthly P&L and variance analysis with insightful comments for senior management review
- Manage all aspects of global intercompany accounting, including governance framework, billings and allocations, settlements, eliminations, account reconciliations and coordination of transfer pricing with the tax team
- Develop and maintain close governance policies, SOPs and transaction flows and communicate these to Accounting and FP&A teams
- Responsible for the preparation of monthly close KPIs and compliance with close governance policies
- Coordinate monthly close calendars with key leaders in the Accounting and FP&A teams, including scheduling of monthly close meetings
- Responsible for monitoring and evaluating Peloton’s foreign exchange exposure and partner with the treasury team to implement vital accounting procedures and controls
- Responsible for accumulating errors (both corrected out of period and uncorrected) during the quarter and performing quarterly SAB99/108 analysis
- Perform continuous assessment of the consolidation close process and implement controls to improve consistency and accuracy of the reported results
- Drive process efficiencies and reduction of close timeline by assessing and streamlining close-related activities
- Support the year-end financial statement audit, as well as any statutory audits that may arise
- Assist special projects, such EPM implementation, ERP enhancements, internal controls, and ad-hoc analyses as requested
- Develop and mentor team members to help them achieve their full potential through individual coaching, training, and career development
YOU BRING TO PELOTON
- Undergrad degree in Accounting or related field
- Active CPA license required
- 7+ 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
- Prior experience of NetSuite ERP
- Proven ability to leverage current technology to drive process efficiencies
- Must be highly organized, detail-oriented, self-starter with the ability to work independently and within a team environment
- Exceptional written and oral communication, teamwork orientation and diplomacy
- Ability to work as a team player in a fast paced and dynamic environment
- Possess an ownership mentality
#LI-HO1 #LI-Hybrid
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:
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.
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