Full-Time

Senior Manager

Revenue Accounting

Posted on 9/5/2024

Lyft

Lyft

10,001+ employees

Ride-sharing platform connecting drivers and passengers

Automotive & Transportation

Compensation Overview

$152k - $210kAnnually

+ Equity Offering + Bonus

Expert

Company Historically Provides H1B Sponsorship

San Francisco, CA, USA

Hybrid schedule requiring in-office presence 3 days per week.

Category
Financial Accounting
Management Accounting
Accounting
Required Skills
SQL
Oracle
Requirements
  • BS in Accounting/Finance, CPA license preferred
  • 10+ years in Accounting, including Big 4 experience
  • Experience managing teams, setting goals and strategies, developing team roadmaps, and mentoring direct reports
  • Experience with SOX, internal controls, and working in a public market company environment preferred
  • Experience working with engineering, data, and other technical teams preferred
  • Experience working with large data sets with SQL and Mode Reporting preferred
  • Strong organizational, verbal, and written communication skills
  • Strong accounting research and problem-solving skills with a focus on revenue recognition
  • Extensive knowledge of ASC 606 revenue accounting guidance
  • Highly detail-oriented and able to multitask
  • Strong quantitative and qualitative analytical skills – must have significant experience in Microsoft and Google applications; Oracle is strongly preferred
  • Able to operate independently and as part of a larger functional team
  • Ability to build cross-functional relationships, deadline driven, and take initiative to drive results
  • Ability to lead a team in a dynamic environment, managing multiple and changing priorities with ability to understand issues, demonstrate resourcefulness and proactively resolve problems while consistently meeting deadlines
Responsibilities
  • Own the critical and highly visible accounting processes around Revenue and deliver accurate financial results in a high-growth, fast-paced environment
  • Join a dynamic and highly collaborative accounting organization and play a critical role in overseeing the Revenue accounting function, strategizing and implementing process improvements, and scaling the revenue accounting close process
  • Provide leadership to a team through strategic planning and develop direct reports
  • Regularly work cross functionally with other teams, such as Financial Systems, FP&A, Financial reporting, Technical Accounting, Data team, and Accounts Receivables to ensure timely and accurate reporting
  • Lead the monthly, quarterly and annual revenue accounting close process, and manage day-to-day revenue accounting operations
  • Ensure compliance with revenue accounting policies, procedures and SOX controls through detailed review of journal entries, account reconciliations, key controls and flux analysis
  • Play a key role in our quarterly and annual review and audit process, including managing key deliverables to internal and external auditors
  • Research on unusual/complex revenue transactions for appropriate revenue accounting treatment and document key revenue conclusions in a memo in compliance with ASC 606
  • Assess potential business changes for impact and compliance objectives for SOX related to your areas of responsibility
  • Responsible for identifying and implementing process and system improvements with the goal of decreasing days to close, while also improving team efficiency and scalability
  • Assess new product offerings for technical revenue considerations and work cross-functionally to operationalize within accounting processes
  • Lead/support ad hoc projects

Lyft connects passengers with drivers through a mobile app, primarily serving urban commuters, students, and tourists in the United States and Canada. The platform offers various ride options, including standard, luxury, and shared rides, catering to different customer preferences. Lyft operates on a gig economy model, where drivers use their own vehicles, and the company earns revenue by taking a commission from each ride fare. In addition to car rides, Lyft provides bike and scooter rentals and has a subscription service called Lyft Pink, which offers benefits for a monthly fee. The company prioritizes safety and community guidelines to ensure a secure experience for users and supports drivers with flexible payment options. Lyft aims to maintain a steady income through diverse revenue streams while efficiently connecting drivers and passengers.

Company Stage

IPO

Total Funding

$4.8B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with May Mobility positions Lyft as a leader in autonomous ride-sharing.
  • Collaboration with Mobileye enhances Lyft's technological capabilities in self-driving vehicles.
  • Lyft's upfront Fair screen update improves transparency and user satisfaction.

What critics are saying

  • Legal battle with San Francisco could result in significant financial liabilities.
  • Ex-rideshare driver lawsuit may lead to increased scrutiny of Lyft's gig economy model.
  • Challenges in regulatory approvals may affect autonomous vehicle deployment in Atlanta.

What makes Lyft unique

  • Lyft focuses on urban commuters, students, and corporate communities for its services.
  • The company offers diverse transportation options, including bikes, scooters, and luxury rides.
  • Lyft emphasizes safety and community guidelines to ensure a secure user experience.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Support

Family Planning Benefits

Unlimited Paid Time Off

401(k) Retirement Plan

Paid Parental Leave

Pre-tax commuter benefits

Hybrid Work Options

INACTIVE