Senior Revenue Accountant, Lyft

$84-105k

Oracle
Mid level
San Francisco Bay Area

More information about location

Lyft

Ride sharing company

Job no longer available

Lyft

Ride sharing company

1001+ employees

B2CTravelTransportMobilityRidesharing

Job no longer available

$84-105k

Oracle
Mid level
San Francisco Bay Area

More information about location

1001+ employees

B2CTravelTransportMobilityRidesharing

Company mission

To improve people’s lives with the world’s best transportation.

Role

Who you are

  • BS in Accounting/Finance, CPA license preferred
  • 3+ years in Accounting, including public accounting experience
  • 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
  • Strong quantitative and qualitative analytical skills – must have significant experience in Microsoft and Google applications; Oracle is strongly preferred
  • Able to operate independently and as part of a larger functional team

What the job involves

  • Lyft is looking to hire a qualified and experienced Senior Revenue Accountant to its Accounting team.
  • 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.
  • This is a crucial role that will assist in overseeing revenue accounting operations in a fast paced environment
  • The candidate should expect to leverage current skill-sets while also focusing on learning quickly and adding value to the current processes
  • Assist in managing the monthly close process and reconciliations for Lyft revenue
  • Assist in working with the financial analytics data team, payment operations team, and other internal business partners to determine accounting requirements for new platform related projects and to reconcile payment processor activity
  • Assist in driving process improvements to continuously reduce the Accounting Close Cycle duration
  • Assist in documentation/implementation of revenue accounting processes and internal controls
  • Assist in flux analyses for portions of the balance sheet
  • Assist in managing external audit, including preparation and ongoing support
  • Assist in SOX compliance for revenue accounting
  • Perform special, ad-hoc projects in Accounting/Finance as requested

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 headshot

Steph

Company Specialist

Insights

Top investors

Few candidates hear
back within 2 weeks

-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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