Senior Manager of Accounting, Strava
$172.6-183.4k
More information about location
3 days a week in office
Social network for tracking run and cycle routes
Be an early applicant
Social network for tracking run and cycle routes
501-1000 employees
Be an early applicant
$172.6-183.4k
More information about location
3 days a week in office
501-1000 employees
Company mission
To create the most committed, close, and engaged athlete community on the internet.
Role
Who you are
- Proven experience leading and managing the end-to-end close process, including consolidations, revenue accounting, and monthly reporting
- Expertise in NetSuite ERP (preferred) and experience with accounting system implementations and optimizations, particularly for revenue accounting
- Experience with close management tools like FloQast, ensuring an efficient, well-documented, and accurate close process
- A track record of designing, implementing, and continuously improving close processes and internal controls, balancing operational risk, efficiency, and quality
- Strong knowledge of US GAAP and revenue recognition standards, with the ability to interpret and apply accounting guidance effectively
- Deep experience driving process improvements, optimizing workflows, and enhancing automation in accounting operations
- Advanced analytical and problem-solving skills, including experience querying data from systems like Snowflake and using data visualization tools to present financial insights
- A data-driven mindset, leveraging key accounting and revenue metrics to drive insights and decision-making
- Meticulous attention to detail and accuracy, ensuring financial integrity and compliance
- Certified Public Accountant (CPA) with a Bachelor's degree (or higher) in Finance, Accounting, Business, or a related field
- 10+ years of progressive accounting experience, with a mix of operational accounting, revenue accounting, and leadership responsibilities
What the job involves
- Reporting to the Assistant Controller, the Senior Manager, Accounting will be a key leader within the Controllership function overseeing Strava’s accounting operations, driving efficiency, scalability, and public-company readiness
- This role will lead general ledger (GL) accounting, consolidations, revenue accounting and operations, the monthly close process, and related reporting
- As a senior leader on the Controllership team, you will play a pivotal role in strengthening our financial close process in accordance with US GAAP
- You will collaborate cross-functionally to enhance financial operations, drive accounting system implementations and improvements, and support Strava’s continued growth
- Additionally, you will mentor and develop a high-performing accounting team, aligning team development with company objectives and fostering a culture of operational excellence
- Lead and manage all aspects of the monthly, quarterly, and annual close processes, including consolidations, preparing and/or reviewing journal entries, account reconciliations, and maintaining the general ledger system
- Oversee revenue accounting and operations, ensuring accurate recognition of subscription and partnership revenue in accordance with US GAAP
- Lead system implementation and enhancements to support subscription revenue accounting, ensuring scalability, automation, and compliance with revenue recognition standards
- Optimize and scale accounting policies, procedures, and systems to enhance efficiency, accuracy, and compliance
- Drive process improvements, incorporating best practices in system design, automation, and operational workflows
- Partner with external auditors and support the audit process, ensuring a smooth and efficient engagement
- Ensure the integrity of financial data and key metrics, delivering timely and reliable reporting to support business decision-making
- Collaborate cross-functionally with FP&A, Legal, People, Partnerships, and other key stakeholders to ensure alignment and accuracy in financial reporting
- Play a key role in public company readiness, including Sarbanes-Oxley (SOX) compliance and internal control enhancements
- Developing, implementing, and maintaining accounting policies, procedures, calendars, checklists, and process documentation to ensure compliance with corporate policies and US GAAP
- Strengthening internal controls and compliance, partnering cross-functionally to enhance reporting, process controls, and risk management
- Tracking key accounting and revenue metrics, analyzing trends, and leveraging data insights to drive process improvements and operational efficiency
- Demonstrating high data literacy, using financial and operational data to support decision-making and improve the accuracy and timeliness of reporting
- Leading and supporting audits, including external financial audits and SOX compliance, by ensuring proper documentation, records, and review procedures
- Proactively identifying and resolving accounting anomalies, conducting research to ensure accuracy and completeness in financial reporting
- Serving as a subject matter expert on accounting and revenue operations, collaborating with business stakeholders on cross-functional initiatives
- Driving system enhancements and implementations, particularly for subscription revenue accounting, to improve efficiency, accuracy, and scalability
- Developing and maintaining deep expertise in accounting systems and tools, independently troubleshooting and resolving issues to support operational excellence
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
-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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