Senior Accountant, Lyft
$88-110k
Ride sharing company
Be an early applicant
Ride sharing company
1001+ employees
Be an early applicant
$88-110k
1001+ employees
Company mission
To improve people’s lives with the world’s best transportation.
Role
Who you are
- Lyft is looking for a motivated Senior Accountant to join the Insurance and Investments team
- The ideal candidate must thrive in a fast-paced environment and be adaptable to changing responsibilities and priorities
- BS in Accounting/Finance, CPA license preferred
- 4+ years in Accounting, including public accounting experience
- Strong organizational, verbal, and written communication skills
- Strong accounting research and problem-solving skills
- Experience in Microsoft with a strong emphasis on Excel is a must; Oracle Cloud/ERP experience is preferred
- Insurance and Investments experience is a plus but not required
- Ability to operate independently and as part of a larger functional team
What the job involves
- This role will be critical in building a world class accounting organization to support our growth
- This is an amazing opportunity to join a quickly developing team and make an immediate impact to the business
- Assist in managing the monthly close process for Lyft insurance and investments (including but not limited to monthly investment activity, prepaid amortization and accruals)
- Prepare journal entries, balance sheet reconciliations and flux analyses in accordance with close calendar timelines
- Assist in support of external audit, including preparation of audit requests and ongoing support
- Coordinate with cross-functional partners to facilitate streamlined processes
- Assist in documentation/implementation of internal controls and ensure SOX compliance in areas of responsibility
- Proactively identify process inefficiencies and offer suggestions for improvements
- Perform special, ad-hoc projects in Accounting/Finance as requested
Our take
Lyft has aimed for consistent growth, making sure to pitch itself as a more reliable and friendly ride-sharing option than its main competitor, Uber. Uber has a greater market share and operates globally, but Lyft hopes to compete by its focus on ride-sharing over Uber's more diversified business approach and as a more rider-friendly and greener alternative to Uber.
Operating only in the USA and Canada, Lyft is in a position of being less affected by global events than Uber but also more vulnerable to local conditions. As an example, while it doesn't face the regulatory hurdles around employment rights that Uber does, it is unable to balance out the cost of the unusually expensive US auto insurance across its operations.
In 2022, Lyft acquired PBSC Urban Solutions, a bike-share equipment and technology supplier, allowing Lyft to compete in new verticals and reaffirming its commitment to green transportation. It has also trialed and launched Lyft Assisted, where drivers help passengers from their door into the car to get to medical appointments. These developments chime well with Lyft's unique selling point as a friendlier and more environmentally aware ride-sharing app.
Steph
Company Specialist at Welcome to the Jungle
Insights
-2% employee growth in 12 months
Company
Funding (last 2 of 14 rounds)
Jun 2018
$600m
LATE VC
Mar 2018
$200m
LATE VC
Total funding: $4.9bn
Company benefits
- Great medical, dental, and vision insurance options
- Mental health benefits
- In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
- 401(k) plan to help save for your future
- 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
- Pre-tax commuter benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
- Family building benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
Company HQ
China Basin, San Francisco, CA
Leadership
John Zimmer
(Co-Founder)Originally an Analyst at Lehman Brothers, Zimmer then founded Zimride which was a private ridesharing company that pivoted into Lyft.
Logan Green
(Co-Founder)Founded Zimride, a private ridesharing company which later pivoted into Lyft.
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