Accounting Manager, Global Consolidations

$122,700 - $159,400/Yr

Disability Solutions - New York, NY

Full-time - Manager

New York, NY

Administrative and Support Services

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, communication, and project management skills to effectively manage a team and collaborate with various stakeholders across the Accounting and FP&A teams. The role involves ensuring accurate and timely reporting, managing global intercompany accounting, and driving process efficiencies within a fast-paced environment.

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
• Childcare 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!