Revenue Accounting Manager, New Products and Initiatives

At Lyft, our purpose is to serve and connect. To do this, we start with our own community by creating an open, inclusive, and diverse organization

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 Lyft Accounting team is seeking a proactive and results-driven Revenue Accounting Manager. In this critical and highly visible role, you will serve as a technical revenue accounting expert and strategic advisor to key stakeholders, overseeing complex revenue transactions while providing thoughtful leadership across the organization. This role will work closely with cross-functional teams to ensure new product and initiative launches drive accurate financial reporting in a high-growth, fast-paced environment. As part of a dynamic and collaborative accounting organization, you will play a pivotal role in enhancing the Revenue accounting function, establishing new processes and procedures, creating robust documentation, and playing a pivotal role in scaling the revenue accounting function. You will help drive process improvements, establish best practices, and support the company’s continued growth and transformation. This role will begin as an individual contributor.

Responsibilities: 

• Join a dynamic and highly collaborative accounting organization and play a critical role in overseeing revenue accounting considerations for new products and initiatives.
• Partner with Engineering and Product Management teams to design and implement scalable revenue recognition processes for new product launches, ensuring compliance with accounting standards (e.g., ASC 606).
• Identify opportunities to enhance opportunities to automate existing revenue processes and enhance system capabilities.
• Prepare internal summary documentation for new products and initiatives, (less rigorous than a memo) summarizing key stakeholders, findings, and accounting impacts.
• Own the revenue accounting review of contracts with customers, partner with technical accounting team to ensure proper documentation under ASC 606 and that any nonstandard findings are properly documented and accounted for.
• Assist with revenue technology transformation initiatives and process enhancements to improve efficiency and accuracy.
• Regularly partner with cross-functional teams, such as Financial Systems, FP&A, Financial reporting, Technical Accounting, Data team, and Accounts Receivables to ensure timely and accurate reporting.
• Provide workpapers, ad-hoc analysis, and inputs to the FPA process. Address revenue-related inquiries from other departments and assist external auditors during audits.
• Ensure compliance with revenue accounting policies, procedures and SOX controls. Assess and enhance SOX compliance processes related to revenue accounting.
• Train internal stakeholders on revenue recognition principles, best practices, and policy updates.
• Lead or participate in special projects and process improvements related to revenue recognition.

Experience: 

• BS in Accounting/Finance, CPA license preferred
• 5+ years in Accounting including revenue recognition, including Big 4 experience
• Strong knowledge of revenue recognition principles and accounting standards (ASC 606)
• Deep expertise in US GAAP, SEC reporting requirements, SOX, and internal controls
• Experience working with engineering, data, and other technical teams preferred
• Experience working with large data sets with SQL and Mode Reporting preferred
• Strong organizational, verbal, and written communication skills
• Strong accounting research and problem-solving skills with a focus on revenue recognition
• Highly detail-oriented and able to multitask
• Strong quantitative and qualitative analytical skills with the ability to review and analyze revenue contracts and transactions for accuracy
• 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
• Ability to build cross-functional relationships, deadline driven, and take initiative to drive results

Benefits:

• Great medical, dental, and vision insurance options with additional programs available when enrolled
• Mental health benefits
• Family building benefits
• Child care and pet benefits
• 401(k) plan to help save for your future
• In addition to 12 observed holidays, salaried team members have discretionary paid time off, hourly team members have 15 days paid time off
• 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
• Subsidized commuter benefits
• Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program

Lyft is an equal opportunity employer committed to an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.

This role will be in-office on a hybrid schedule — Team Members will be expected to work in the office 3 days per week on Mondays, Wednesdays, and Thursdays. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year. #Hybrid

The expected base pay range for this position in the San Francisco area is $108,000 - $135,000. Salary ranges are dependent on a variety of factors, including qualifications, experience and geographic location. Range is not inclusive of potential equity offering, bonus or benefits. Your recruiter can share more information about the salary range specific to your working location and other factors during the hiring process.