Technical Accounting & Financial Reporting Manager, Strava
Social network for tracking run and cycle routes
Job no longer available
Social network for tracking run and cycle routes
501-1000 employees
Job no longer available
501-1000 employees
Company mission
To create the most committed, close, and engaged athlete community on the internet.
Role
Who you are
- You bring extensive experience in technical accounting: You have 5-7 years of relevant accounting experience in the technology industry, with a minimum of 4-5 years in public accounting, which provides you with a solid foundation in complex accounting principles
- You have a CPA or equivalent certification: Your professional certification demonstrates yourexpertise and commitment to high standards in accounting
- You have in-depth knowledge of US GAAP and SEC reporting: Your comprehensive understanding of these regulations enables you to ensure compliance and accuracy in all financial reporting
- You possess specialized expertise in key accounting areas: You have strong knowledge in areas such as stock-based compensation (ASC 718), equity (ASC 505), lease accounting (ASC 842), revenue recognition (ASC 606), and business combinations (ASC 805), which are critical to the role
- You have strong financial reporting skills: You have a proven track record of preparing and reviewing financial statements, including 10-Q and 10-K filings, in a public company setting
- You have expertise in SOX and internal controls: You have a strong background in Sarbanes- Oxley (SOX) compliance and internal controls over financial reporting, demonstrating your ability to design, implement, and monitor effective control frameworks that ensure accuracy and regulatory compliance
- You’re proficient in accounting and financial reporting systems: Experience with NetSuite or similar ERP systems, Workiva or similar financial reporting systems, advanced Excel skills, and data analysis tools such as SQL, Tableau, or Alteryx
What the job involves
- We’re excited to introduce a key role at Strava that will shape the future of our financial operations
- As the first Technical Accounting and Financial Reporting Manager within our controllership function, based in our San Francisco office, you'll be at the forefront of ensuring our financial reporting is both accurate and compliant
- You'll lead the charge in implementing new accounting standards, handle financial reporting, and deliver critical insights to senior leadership. With expertise in US GAAP, SEC regulations, and key areas such as stock-based compensation, leases, and business combinations, you’ll drive innovation and excellence in our accounting practices
- This is an outstanding chance to create a significant impact and be a cornerstone of our financial strategy as we continue to grow and evolve
- Lead Technical Accounting: Oversee the company’s technical accounting operations, ensuring full compliance with US GAAP and SEC regulations, while championing the adoption of new accounting standards
- Manage Financial Reporting: Oversee the preparation and review of accurate, timely financial statements, including quarterly and annual reports, ensuring they clearly reflect the company’s financial health and position
- Contribute to Internal Management Reporting: Play a key role in the development and delivery of detailed internal reports to senior leadership, offering insights and analysis that support informed decision-making strategic planning
- Collaborate Cross-Functionally: Partner with FP&A, Legal, People, and Partnerships teams to provide reliable technical accounting guidance, ensuring cohesive alignment on key financial initiatives
- Support Audit and Filing Processes: Act as one of the primary contact for external audits, collaborating with auditors to ensure all filings are completed accurately and on time
- Operationalize Technical Accounting Guidance: Partner with accounting operations to implement and operationalize new technical accounting standards, ensuring seamless integration into the company’s financial processes
- Lead the Controllership Function: Serve as a key leader within the controllership team, offering expert guidance and support to accounting operations as neeed. Play a pivotal role in driving the department’s strategic direction and contributing to its overall success
- Applying Deep Technical Expertise: Leveraging your extensive knowledge of US GAAP and SEC reporting requirements to ensure accuracy and compliance in all accounting and reportingprocesses
- Staying Current on Accounting Standards: Keeping up-to-date with the latest developments in accounting standards and regulations, and effectively integrating new requirements into the company’s processes
- Ensuring Robust Internal Controls: Maintaining, enhancing, and building SOX compliance and internal controls over financial reporting, ensuring that all financial processes and controls are effective and aligned with regulatory requirements
- Proactively Identifying Issues: Anticipating potential accounting or reporting challenges and addressing them early, ensuring smooth financial operations and minimizing risks
- Communicating Effectively: Clearly conveying complex technical accounting topics to both financial and non-financial stakeholders, ensuring alignment and understanding across the organization
- Driving Continuous Improvement: Consistently seeking out opportunities to streamline and enhance accounting processes, implementing best practices and scalable solutions, contributing to a more efficient and effective controllership function
- Demonstrating Strong Problem-Solving Skills: Quickly analyzing and resolving complex technical accounting issues, ensuring accurate and timely financial reporting
Our take
Strava has created an online network where runners, swimmers and cyclists can record fitness activities, and compare and compete with their community. It offers both a free and premium subscription service with added features. The company also partners with local councils and urban planners who purchase valuable journey data from Strava which can be used to map out cities and develop safer cycle paths.
The platform helps members discover and plan workouts, as well as offering a leaderboard which is updated using GPS as users compete for the top spot on particular fitness segments.
With over 125 million athletes and growing, Strava released several new product rollouts in 2024, including an AI-enabled leaderboard. A partnership with the wearable fitness tracker Oura will mean Strava software is available on wearables, taking Strava into fresh competition with the likes of Peloton and Apple.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
-6% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Nov 2020
$110m
SERIES F
Oct 2014
$18m
LATE VC
Total funding: $151.4m
Company benefits
- Competitive base salary & stock options
- 100% company paid benefits for employees and families
- Flexible paid time off
- $2,000 annual professional development stipend
- Paid time off for volunteering
- 401(k) plan - with company matching
- $1000 annual gear stipend
- $500 annual gym or coaching reimbursement
- On-site fitness rooms with showers, lockers, and towel service
- Weekly team workouts – including remote employees
- Safe and secure bike storage on-site
- Weekly all hands meetings
- Employee resource groups
- Anti-racism nonprofit company matching program
- Free lunch on Wednesdays on-site
- Regular team happy hours
- Team offsites and company retreats
- Cell phone reimbursement
- Generous industry discounts on gear and activities
- Race entries to events we sponsor
- Snacks and stocked kitchens on-site
- Strava gear
Company values
- Antiracism
- Authenticity
- Balance
- Craftsmanship
- Camaraderie
- Commitment
Company HQ
Mission District, San Francisco, CA
Articles
Leadership
Mark Gainey
(Chairman)Having studied at Harvard, Mark started their career as a TA Associates Associate before co-founding Kana Communications and several Board Membership roles. They co-founded Strava in 2007, serving since as Chairman.
Michael Horvath
(CEO & Board Member)Michael co-founded Kana with Mark before working as an Economics Professor at Stanford and Dartmouth. They worked for 4 years as CFO of GlycoFi before co-founding Strava, serving initially as CEO and since 2017 as a Board Member.
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