Manager, Accounting in London

We are currently seeking an Accounting Manager to join and support our Accounting & Finance department. The ideal candidate for this role will possess exceptional business acumen and strong proficiency in using software tools like Excel to enhance process efficiency and effectiveness. A solid understanding of U.S. GAAP and internal controls is required, along with experience collaborating with both internal and external auditors. We are seeking an analytical and data-driven professional who can effectively support cross-functional work streams. Experience working within both SaaS and Retail business models is highly valued.

YOUR DAILY IMPACT AT PELOTON

• Facilitate and manage the month-end close process, ensuring adherence to timelines and providing assistance to staff as required.
• Oversee part of the Accounts Payable process, verifying proper approval of invoices and travel and entertainment expenses, and resolving any outstanding billing issues.
• Assume responsibility for the timely and accurate completion of monthly account reconciliations for critical areas, including payroll, marketing, capital expenditures, leases, bank accounts, and occupancy costs.
• Maintain fixed asset schedules and ensure compliance with internal policies, capitalise assets from Construction in Progress (CIP) and (FAAS), and record depreciation journal entries.
• Prepare and be responsible for monthly payroll journal entries and all payroll-related balance sheet accounts for all entities.
• Review and reconcile marketing expenses in collaboration with the marketing team to manage the monthly marketing spend analysis, including scrutiny of required month-end accruals.
• Prepare and review rent and occupancy reconciliations, including information gathering for key lease data and validation of rent schedules under U.S. GAAP standard ASC 842 and IFRS 16.
• Own the monthly analysis of financial statements and report on variances against plan and prior forecasts.
• Prepare and review Studio Profit and Loss statements, including information gathering and monthly meetings.
• Assist with financial and tax audits and any ad hoc filings.
• Play an integral role in new system rollouts to the International markets.
• Undertake other assigned projects, including participation in special projects, ERP and other system implementations, internal controls, and ad hoc analyses.
• Manage and oversee third-party teams, including training, onboarding, and efficiency management.

YOU BRING TO PELOTON

• Bachelor’s or higher degree in Accounting or Finance.
• ACCA/CIMA qualified or equivalent.
• In-depth knowledge of Accounting theory and application of U.S. GAAP.
• 4-6 years post-qualification experience.
• Big Four or similar-paced industry experience highly preferred.
• Experience with working in a complex ERP system.
• 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 in a clear and concise manner.
• Proactive self-starter who enjoys a fast-paced environment and an ability to prioritise, multi-task and meet pressing deadlines.
• Team player with a strong work ethic.