Senior Revenue Accountant, Lyft
$88-110k
More information about location
Ride sharing company
Open for applications
Ride sharing company
1001+ employees
Open for applications
$88-110k
More information about location
1001+ employees
Company mission
To improve people’s lives with the world’s best transportation.
Role
Who you are
- The candidate should expect to leverage current skill-sets while also focusing on learning quickly and adding value to the current processes
- BS in Accounting/Finance, CPA license preferred
- 3+ years in Accounting, preferably experience in Revenue Accounting at a high-growth technology company
- Proven technical knowledge of ASC 606 with a focus on advertising revenue, preferably experience auditing or reviewing high-volume ad contracts and performance obligations
- Strong quantitative and qualitative analytical skills – must have significant experience in Microsoft and Google applications; Oracle is strongly preferred
- Demonstrated initiative and ability to work independently with minimal daily direction from management to accomplish objectives and deadlines
- Strong organizational, verbal, and written communication skills
- Strong accounting research and problem-solving skills
- Highly detail-oriented and able to multitask
What the job involves
- Lyft is looking to hire a qualified and experienced Senior Revenue Accountant to its Accounting team. This is a crucial role that will assist in overseeing revenue accounting operations in a fast paced environment
- The role provides significant growth opportunity, as it encompasses day to day controllership duties as well as involvement on a number of project based initiatives
- Own key components of the monthly and quarterly close, including journal entries, reconciliations, and variance/flux analysis
- Partner with the financial analytics data team, FP&A, Technical Accounting, and other internal business partners to determine accounting requirements for new platform related projects and to reconcile platform activity
- Own the documentation of current revenue accounting processes and lead the implementation of new products and processes such as quote-to-cash cycle special projects
- Help scale and improve revenue systems, processes, and controls as the business grows to reduce Accounting Close duration
- Assist in managing external audit, including preparation and ongoing support
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 trialled 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, whilst the acquisition of European competitor Freenow could add 6 million new riders to its platform in 2026.
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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