Lyft, Inc.

Director, Financial Reporting

Posted on: 23 Oct 2024

San Francisco, CA

Job Description

At Lyft, our mission is to improve people’s lives with the world’s best transportation. To do this, we start with our own community by creating an open, inclusive, and diverse organization.

The Director of Financial Reporting is a crucial role leading the financial reporting process which operates in a fast paced, public company environment. This role will report to the Sr. Director, Financial Reporting, and will work with stakeholders across the organization, to deliver timely internal and external reporting in accordance with US GAAP and SEC regulations.

The Director of Financial Reporting will have significant relevant experience (12+ years) with an increasing level of responsibility.  They must be comfortable operating in a dynamic, complex, and transforming environment with a demonstrated ability to add value to such a business. This individual will bring a track record for driving process improvement and have strong foundational experience to understand the nuances of a high functioning accounting organization.

Responsibilities:

Lead the preparation of SEC filings and supporting documents, including Form 10-K, 10-Q, proxy statements, and other required form filings.
Manage preparation of the statement of the cash flows and perform the necessary analysis for internal and external reporting purposes.
Research and draft new disclosures for the quarterly and annual reports.
Perform regular benchmarking analysis of peer disclosures in the quarterly and annual reports.
Oversee and maintain the non-GAAP reporting process including the maintenance and updating of Oracle mapping and reports.
Significant involvement in the earnings cycle processes, including preparation, tie out, and review for accuracy of earnings materials (i.e., script, press releases, supplementals, etc.).
Provide and present analyses on various accounting issues for earnings call preparation as well as for FP&A and other internal stakeholders.
Involvement in technical accounting projects as needed.
Assist in managing external audits, including preparation and ongoing support.
Assist in various ongoing and ad-hoc projects or initiatives as needed.

Experience:

 The successful candidate should have the following:

Bachelor's degree in Accounting, Finance, or a related field; CPA required.
Minimum of 12 years of progressive experience in financial reporting, with at least 5 years in a leadership role
Extensive experience with SEC reporting and technical accounting, preferably with "Big 4" public accounting firms.
Strong understanding of GAAP and SEC filing requirements.
Proven track record in managing corporate consolidations and complex financial operations.
Excellent analytical, problem-solving, and communication skills.
Ability to thrive in a fast-paced, dynamic environment.
Strong leadership and team management skills.

Additional characteristics we would highlight include the following:

Resourceful and forward-thinking, with a hands-on approach to solving ambiguous and unsolved problems.
Experienced in leading large cross-functional teams and directly managing small teams, fostering collaboration to drive impact.
Skilled in influencing and partnering with diverse stakeholders, including technical and business-minded leaders.
Passionate about educating, mentoring, and teaching partners the values and business impact of technical accounting.
Exceptionally detail-oriented with strong analytical, organizational, and communication skills.

Benefits:

Great medical, dental, and vision insurance options
Mental health benefits
Family building 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

Lyft, Inc.

San Francisco, CA

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company offers a multimodal platform that provides riders, personalized and on-demand access to various transportation options. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders. The company also offers a network of shared bikes and scooters in various cities to address the needs of riders for shorter routes; Express Drive program, a flexible car rentals program that connects drivers who need access to a car with third-party rental car companies; and concierge for organizations to manage the transportation needs of their customers and employees.

In addition, it integrates third-party public transit data into the Lyft app to offer riders various transportation options; offers various enterprise programs, including monthly ride credits for daily commutes, supplementing public transit by providing rides for the first and last leg of commute trips, late-night rides home, and shuttle replacement rides; and provides transportation solutions that can be customized for events, such as recruiting events, conferences, celebrations, meetings, and company retreats. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

  • Industry
    Transport/Delivery Services
  • No. of Employees
    5,380+
  • Website
  • Jobs Posted
    309

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