Accounting Manager, Global Consolidations

$122,700 - $122,700/Yr

Peloton - New York, NY

Full-time - Manager

New York, NY

Miscellaneous Manufacturing

About the position

The Manager of Global Consolidations at Peloton is a critical role responsible for overseeing the consolidation of domestic and international subsidiary general ledgers in accordance with U.S. GAAP. This position requires strong leadership and communication skills to manage a large group of stakeholders across the Accounting and FP&A teams, ensuring accurate and timely reporting of financial results. The role involves mentoring team members, managing multiple projects, and collaborating with cross-functional business partners to drive process efficiencies and improve the consolidation close process.

Responsibilities

• Own monthly consolidation of domestic and international subsidiary general ledgers in accordance with U.S. GAAP and ensure accurate and timely reporting.
• 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.
• Monitor and evaluate Peloton's foreign exchange exposure and partner with the treasury team to implement vital accounting procedures and controls.
• Accumulate errors during the quarter and perform 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 as 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.

Requirements

• 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, specifically strong experience in global consolidation, intercompany transactions/eliminations, foreign currency translation and remeasurements, multi-currency consolidations
• Prior experience with NetSuite ERP
• Proven ability to leverage current technology to drive process efficiencies
• 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

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 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 more!