Senior Accountant

| New York, NY, USA
Employer Provided Salary: 88,600-115,200 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.
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ABOUT THE ROLE

We are looking for a hard-working, highly motivated Senior Accountant to join Peloton’s Connected Fitness accounting team. This candidate will be responsible for taking ownership of the end-to-end workstream processes related to revenue. This candidate will challenge the status quo in order to develop and implement best practices within our accounting and financial reporting processes, including the daily supervision of one or more team members. The ideal candidate will have excellent business acumen, strong communication skills, and will be a natural numbers wizard with an affinity for data and software tools such as Excel, Alteryx, and other tools. The ideal candidate will have a strong working knowledge of the latest U.S. GAAP, including ASC 606 Revenue from Contracts with Customers, business process design, internal controls, and experience working with external auditors. They are an analytical thinker who enjoys working cross-functionally in a dynamic, fast-paced environment.

YOUR DAILY IMPACT AT PELOTON

  • Ownership of revenue accounting close process for assigned areas, including daily interaction with business partners and external auditors
  • Prepare and review monthly journal entries and related balance sheet account reconciliations
  • Assist in the calculation, presentation, and communication of revenue analytics and company Key Performance Indicators (KPIs) to finance leadership
  • 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.
  • Ensure data integrity and compliance for assigned accounts across all relevant systems
  • Investigate reporting discrepancies and effectively communicate issues
  • Continually improve business processes through automation, thoughtful analysis, and researching or benchmarking best practices inside and outside of the company
  • Support business processes by partnering with other departments, including but not limited to the FP&A, Member Experience, Data Science, and Supply Chain teams
  • Assist in other assigned department-related tasks including special projects, ERP implementation, and other ad hoc analyses, as necessary

YOU BRING TO PELOTON

  • Bachelor’s or higher degree in Accounting or Finance
  • Active CPA or CPA eligible strongly preferred
  • In-depth knowledge of accounting theory and application of U.S. GAAP
  • 3-5 years of relevant Accounting experience; Public Accounting experience highly preferred
  • Experience with financial reporting and financial statement preparation; SEC experience a plus
  • 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
  • Tech-savvy and MS Excel super user; must be comfortable working with and analyzing large datasets
  • ASC 606 knowledge and experience a plus
  • Experience working with various systems including, but not limited to NetSuite, SAP, Blackline, and Alteryx is a plus


#LI-Hybrid #LI-ES2

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 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

$88,600$115,200 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 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: [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 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 [email protected] 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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Technology we use

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An Insider's view of Peloton

What are some social events your company does?

Our team started Pecha-Kucha style presentations to share and celebrate our diverse backgrounds and culture. This includes live demos whenever possible to spotlight unique talents and interests we each hold outside of work. This forum is open to everyone to host and we find that sharing things we are passionate about brings us all closer together.

Francis

VP, Connected Fitness

On the iOS app team, success on a personal level means being willing to help others and also accept help when needed. It means checking your ego at the door and respecting the unique backgrounds and perspectives of your teammates. Successful team members are eager to learn and grow, and they strive to leave things better than they found them.

Dalton

Staff Software Engineer

What are Peloton Perks + Benefits

Peloton Benefits Overview

At Peloton, we do not subscribe to the one-size-fits-all approach — our workforce is diverse so our benefits must be, too. We have competitive benefits across medical, dental, vision, mental health & emotional well-being, fertility, parental leave, 401K match and ESPP programs, and commuter benefits. Additionally, we have perks that range from generous product and apparel discounts (including friends & family), tuition reimbursement, pet insurance, childcare, and more.

Culture
Volunteer in local community
Peloton offers paid Volunteer Time Off to enable and empower our team members to volunteer for causes that positively impact their communities.
Partners with nonprofits
Peloton has donated funds to organizations across a variety of causes, inclusive of Hunger Relief Efforts, Civil Rights Groups, and more.
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Remote work program
Peloton's remote work program allows Team Members to work from home on occasion, as needed for them.
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
Peloton Employee Resources Groups are employee-led groups that foster a diverse and inclusive workplace aligned with Peloton's organizational mission, values, goals, business practices, & overall D&1
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
Peloton employees can contribute up to $2750 annually to their FSA.
Disability insurance
Disability insurance covers 60% of annual salary up to $10000 monthly maximum payout.
Dental insurance
Peloton's dental plan covers up to $3000 of expenses.
Vision insurance
Health insurance
Peloton covers up to 90% of premiums for high deductible health plans.
Life insurance
Peloton's Life Insurance is equal to 2 times an employee's annual salary with a minimum coverage of $100,000.
Pet insurance
Pet insurance is a voluntary employee-paid benefit.
Wellness programs
Team workouts
Peloton team members have free access to the Peloton digital product and can take workouts anytime!
Mental health benefits
Peloton partners with Lyra to provide mental health benefits to all employees, with 25 free sessions per year.
Financial & Retirement
401(K)
In addition to benefits that provide security for you today, you can make saving for the future easy with a 401(k) plan that allows you to save a portion of your salary towards retirement.
401(K) matching
Peloton provides employees with a 401(K) matching plan managed by ADP. We match 100% of contributions up to 4% of an employee's annual gross pay.
Company equity
Employee stock purchase plan
Our Employee Stock Purchase Plan (ESPP) is an optional program that allows eligible team members to use payroll deductions to purchase Peloton stock twice a year at a discount.
Performance bonus
Charitable contribution matching
Child Care & Parental Leave
Childcare benefits
Peloton partners with Bright Horizons and Urban Sitters for Backup child care assistance. Subsidized child care & family care.
Generous parental leave
Parental Leave is a Company-Paid benefit which will pay your salary following the birth, adoption, or placement of a child. Up to 18 weeks total.
Family medical leave
Peloton provides eligible team members with up to 12 weeks of unpaid, job-protected leave per year.
Adoption Assistance
Peloton reimburses for eligible adoption expenses and 18 week of paid leave.
Vacation + Time Off
Unlimited vacation policy
Generous PTO
Hourly team members receive between 10 to 20 days per year of paid time off based on years of service.
Paid volunteer time
Peloton employees receive 16 hours per year of paid volunteer time.
Paid holidays
Paid sick days
Team Members receive 48 hours of sick time up front.
Office Perks
Commuter benefits
Peloton offers pre-tax commuter benefits for all employees for both Transit and Parking.
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Peloton hosts happy hours in our NYC Penthouse on occasion.
Recreational clubs
Relocation assistance
Peloton offers a comprehensive relocation policy for employees relocating.
Fitness stipend
Peloton is proud to offer all full-time team members an annual reimbursement of $500 for Wellness related events registration/sponsor fees.
Home-office stipend for remote employees
During these unprecedented times, Peloton offers remote employees the ability to reimburse purchases for their at-home office, not exceeding $500.
Onsite gym
Professional Development
Tuition reimbursement
Peloton has partnered with Gradifi to help pay down your student debt and pay for your children's future education.
Promote from within
Continuing education stipend
Peloton provides $5250 annually of financial assistance for certain education related expenses to foster & encourage the professional development of our team members.
Continuing education available during work hours
Online course subscriptions available
Customized development tracks

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