Director, Revenue Accounting
3 weeks ago
Director Of Revenue AccountingBODi 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 Director of Revenue Accounting is responsible for providing strategic leadership and oversight of all global revenue accounting operations, ensuring revenue is recognized accurately, timely, and in compliance with US GAAP, ASC 606, SOX, and company policies. This role leads the development and execution of the company's revenue accounting strategy, drives scalable processes and systems, and partners closely with senior leadership across Finance, Technology, Marketing, and Operations to support business growth and new revenue initiatives.Key ResponsibilitiesRevenue Accounting LeadershipOwn and lead the company's revenue accounting function, setting the vision for policies, processes, and systems that ensure accurate and compliant revenue recognition under ASC 606.Serve as the primary subject-matter expert for revenue accounting, advising executive leadership on new product offerings and impacts to revenue recognition.Oversee all revenue-related inquiries and technical accounting positions with internal stakeholders and external auditors.Operational Excellence & Close ManagementDirect the monthly and quarterly revenue close processes, including review and approval of journal entries for revenue, deferrals, commissions, return reserves, and accounts receivable.Lead the timely preparation, accuracy, and reconciliation of the accounting department's balance sheet accounts with a strong focus on SOX-compliant documentation and controls.Lead the preparation and review of revenue-related disclosures and footnotes for quarterly and annual SEC filings.Controls, Compliance & Technical AccountingOwn the revenue cycle within the company's SOX framework, including risk assessments, process documentation (flowcharts, narratives), control design, and operating effectiveness.Collaborate with the Controller, Internal Audit, and external auditors to support audits, coordinate deliverables, and ensure compliance with public-company reporting standards.Cross-Functional PartnershipProactively partner with Marketing, Technology, Product, and Operations teams to evaluate new offers and initiatives, determining revenue recognition implications and ensuring accurate system configuration.Collaborate with FP&A to provide insights into revenue performance, explain variances, and support forecasting and strategic planning.Partner with Treasury, Inventory, Tax, and other business units to ensure proper accounting treatment, GL coding, and cross-functional alignment.Strategic Initiatives & Process ImprovementDrive continuous improvement in revenue accounting processes to enhance efficiency, scalability, and accuracyreducing manual work, strengthening controls, and modernizing workflows.Influence system and data architecture decisions related to order-to-cash processes and ERP enhancements.Lead and mentor a high-performing team, providing clear direction, coaching, and career development opportunities.Additional ResponsibilitiesManage operational accounting areas as needed, including intercompany transactions, accruals, and prepaid expenses.Lead or support special projects, including business transformations, M&A integrations, new system implementations, and companywide initiatives.Knowledge, Skills, and RequirementsDeep technical knowledge of US GAAP, ASC 606 revenue recognition, and SOX compliance requirements.Proven ability to interpret and communicate complex accounting issues to senior executives and cross-functional partners.Strong analytical, problem-solving, and strategic decision-making skills.Demonstrated success leading accounting teams in a dynamic, fast-paced environment.Highly proficient in Microsoft Excel; experience with Oracle EBS and FCCS is a strong plus.Exceptional verbal and written communication skills, with the ability to influence and collaborate at all levels of the organization.Self-starter with a continuous-improvement mindset and a commitment to operational excellence.Experience710+ years of progressive accounting experience, including public accounting experience at a Big Four or top mid-tier firm (strongly preferred).Significant experience in revenue accounting, technical accounting, and managing SOX controls in a public-company environment.35+ years of leadership experience, with a demonstrated ability to build and develop teams.EducationBachelor's degree in Accounting required.CPA strongly 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.The pay range for this position is $147,400.00 - $184,000.00. 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.
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