Full-Time

Senior Associate

Treasury Strategy

Posted on 11/15/2024

Peloton

Peloton

1,001-5,000 employees

Home fitness technology with streaming classes

Consumer Software
Education
Consumer Goods

Compensation Overview

$103.2k - $134.2kAnnually

Mid, Senior

New York, NY, USA

Hybrid position requiring in-office presence.

Category
Treasury
Finance & Banking
Required Skills
Financial analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Bachelor's degree in Finance, Economics, Accounting, or related field required
  • 4+ years experience working in a comparable role within a consumer goods company, banking institution, consulting firm, fintech, or similar required
  • Exceptional analytical and critical thinking skills with the ability to drive initiatives from conception through implementation
  • Strong Excel, Google Sheets and Google Slides skills
  • Excellent communication and interpersonal skills, with the ability to build and maintain relationships with internal and external partners
  • Ability and willingness to wear multiple hats and manage multiple initiatives at once
  • Experience in Consumer Financing, BNPL, and/or Merchant Processing is a plus
Responsibilities
  • Support the ongoing optimization and expansion of Peloton’s global Consumer Financing, BNPL, and Payment programs
  • Collaborate closely with FP&A and other internal partners on financial analysis associated with strategic Treasury initiatives including payment related promotions, new payment methods, new channels/markets, etc.
  • Manage the Peloton T&E program including cross-functional coordination, review of spend controls, policy updates, and commercial deals with travel vendors
  • Support Peloton’s Gift Card program through internal and external partner coordination, financial analysis, and management of ad-hoc initiatives and promotions
  • Analyze performance metrics and KPIs, providing regular reports and recommendations for improvement to senior management
  • Support annual insurance renewals and ad-hoc insurance analysis
  • Foster a collaborative and innovative work environment
  • Maintain key relationships across multiple functions, including, Ecommerce, FP&A, Legal, Marketing, Product, Accounting, and other core business partners

Peloton offers a unique fitness experience by providing high-energy indoor cycling workouts through its exercise bike, which streams live and on-demand classes directly to users' homes. The Peloton Bike features a large screen that allows users to participate in classes led by professional instructors, catering to all fitness levels from beginner to advanced. The company operates on a business model that combines hardware sales with a subscription service, where customers purchase the bike and pay a monthly fee for access to a vast library of classes. This model not only generates revenue from bike sales but also creates a steady income stream through subscriptions. Peloton differentiates itself from competitors by focusing on the immersive experience of virtual fitness, continuously expanding its content library, and offering additional fitness equipment. The goal of Peloton is to provide a convenient and engaging workout solution for fitness enthusiasts who prefer exercising at home.

Company Stage

IPO

Total Funding

$967.6M

Headquarters

New York City, New York

Founded

2011

Growth & Insights
Headcount

6 month growth

-7%

1 year growth

-8%

2 year growth

-19%
Simplify Jobs

Simplify's Take

What believers are saying

  • Integration of AI can enhance Peloton's personalized workout recommendations.
  • VR fitness trends offer Peloton opportunities to expand beyond traditional screens.
  • 5G technology will improve streaming quality for Peloton's live classes.

What critics are saying

  • Emerging fitness apps offer similar features at lower costs, threatening Peloton's market share.
  • Closure of Vancouver store suggests potential financial or strategic challenges.
  • New CEO Peter Stern may introduce strategic shifts misaligned with customer expectations.

What makes Peloton unique

  • Peloton merges high design with technology for a unique fitness experience.
  • The company offers live and on-demand classes led by elite NYC instructors.
  • Peloton's real-time leaderboard and performance tracking enhance user engagement.

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Benefits

Comprehensive health & life benefits

Supporting families

Future planning

Education

Product discounts

Supporting our communities

INACTIVE