Posted:
8/13/2024, 3:12:14 PM
Location(s):
California, United States
Experience Level(s):
Senior
Field(s):
Accounting
Workplace Type:
Remote
BODi is on a mission to build the Health Esteem Category! Having just launched a new brand (from Beachbody to BODi), a new platform, and a new app where fitness and nutrition is supported by positive mindset content, BODi breaks from the fitness and diet industry and ushers in the era of Health Esteem. Health Esteem specifically rejects the legacy fitness and diet industry playbook of pursuing a healthy lifestyle based on self-criticism – a playbook Beachbody used to abide by. But after observing the uptick in mental health challenges since the pandemic and seeing that 74% of Americans remain overweight or obese today, despite the efforts of the fitness industry, BODi had to make a change.
The Senior Manager, Accounting will be responsible for ensuring that revenue is recognized accurately, timely, and in accordance with US GAAP and company policies. You will also be responsible for supporting the Accounting team with general accounting functions.
• Manage the revenue accounting function, including establishing and maintaining revenue recognition policies and managing revenue related inquiries from senior management and the external auditors in accordance with ASC 606
• Administer the monthly revenue close process, including reviewing/approving journal entries for revenue, revenue deferrals and related commissions, return reserves, and accounts receivable
• Review/approve general accounting entries for intercompany, various accruals and prepaids
• Maintain timely and accurate SOX financial process documentation (including flowcharts) and manage the execution and documentation of the order to cash process and certain financial reporting SOX controls (including revenue deferrals and return reserves), AR, Expenses and Accruals
• Drive process improvements by reducing complexity in current processes while also overseeing that the right level of documentation and appropriate accounting treatment is maintained
• Partner closely with and support treasury, inventory, tax, and FPA teams as well as teams in other departments to provide guidance on accounting treatment and GL coding
• Advise senior leadership on material variances to budgets, forecasts, and period over period fluctuations
• Audit deliverables for the areas managed with external auditors and delegate requests to other team members
• Analysis and reconciliation of balance sheet accounts
• Preparation of revenue related footnotes for our publicly filed quarterly and annual reports
• Perform other ad hoc special projects as assigned
KNOWLEDGE, SKILLS, AND REQUIREMENTS:
• Strong knowledge of US GAAP revenue recognition standards including ASC 606 and SOX compliance requirements
• Public Company SOX experience is preferred
• Strong analytical and problem-solving skills with an ability to identify and resolve accounting issues
• Ability to work efficiently in a fast-paced, dynamic environment and manage competing priorities
• Self-starter who looks for ways to improve efficiency and accuracy
• Excellent verbal and written communication skills, with the ability to communicate complex accounting concepts to cross-functional teams and senior management
• Highly proficient in Microsoft Excel
EXPERIENCE:
• Experience in public accounting at a Big Four/top mid-tier firm is highly preferred
• 5-7 years of progressive experience in accounting with at least 2-3 years in a leadership role
• Experience with Oracle EBS and FCCS a plus
EDUCATION:
• Bachelor’s degree in Accounting required, CPA preferred
Beachbody, LLC is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, citizenship status, religion, creed, age, physical or mental disability, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, medical condition, genetic information, marital status, military and veteran status, or any other characteristic protected by federal, state, or local law.
We want you to feel safe to be the Whole You – your authentic self – without concern of discrimination, retaliation, or bias. We are committed to fighting for equality, growing our diversity, and holding ourselves accountable for inclusion. Just as our employees, coaches, and partners commit to wellness and helping others, we are committed to creating a culture and community of holistic acceptance and belonging.
To all recruitment agencies: Beachbody does not accept unsolicited agency resumes. Please do not forward resumes to our jobs alias, Beachbody employees, or any other company location. Beachbody is not responsible for any fees related to unsolicited resumes.
The applicable base salary range for each role varies based on several factors, including, but not limited to geographic location and job-related education, training, knowledge, and experience. This range may be modified in the future.
In addition to your base pay, The Beachbody Company offers a top-notch total rewards package, including a comprehensive benefits suite, an annual bonus opportunity, an employee stock purchase plan, a 401k plan with company match, 12-week Maternity/Paternity Leave paid at 100%, employee perks & discounts, training & career development, and generous PTO.
All benefits are subject to eligibility requirements and may vary depending on location and job level. Further information about benefits can be found here Click Link Here.
The pay range for this position is:
$107,200.00 - $135,000.00Applicants should apply at Beachbody’s internal and external career sites.
Website: https://thebeachbodycompany.com/
Headquarter Location: El Segundo, California, United States
Employee Count: 501-1000
Year Founded: 1998
IPO Status: Public
Last Funding Type: Post-IPO Equity
Industries: Fitness ⋅ Health Care ⋅ Wellness