Accounts Payable Specialist, Lyft
$72-90k
Ride sharing company
Posted today
Ride sharing company
1001+ employees
Posted today
$72-90k
1001+ employees
Company mission
To improve people’s lives with the world’s best transportation.
Role
Who you are
- Bachelor’s Degree in Accounting or related field
- 2+ years of AP experience
- Passion for end-to-end procurement process and improvements
- Strong attention to detail and accuracy
- Passion for Lyft and a strong interest in technology
- Strong Excel skills
- Oracle experience preferred
- Demonstrated ability of time management with strong organizational, written and verbal communication skills
- Ability to be a self starter
- Ability to multi-task, meet firm deadlines, proactively prioritize needs and effectively manage priorities
- Exemplary personal and professional integrity with a positive attitude
What the job involves
- Lyft’s Accounting team is looking to hire an Accounts Payable Specialist. This role will play an integral part in the day-to-day operations and accounting close with opportunities to work on various projects as we scale
- Process invoices accurately and timely
- Perform vendor reconciliations and resolve vendor discrepancies
- Work cooperatively and collaboratively with internal associates and external vendors
- Perform ad-hoc analysis and tasks as needed
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
Articles
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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