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Manager of Financial Reporting

3 months ago

New York, United States Equinox Full time

Job Description

The Manager of Financial Reporting & Compliance is a critical position within our Finance Organization. The expectations for the role are to demonstrate strong and effective leadership over the financial reporting team and provide technical accounting guidance and insight to executive management, including but not limited to, the Director of Financial Reporting & Compliance, the of Accounting, the Chief Financial Officer, and the Company’s Audit Committee.

The Manager will primarily be responsible for managing the preparation of our external financial reports for Equinox and its affiliated brands. In addition, the Manager will oversee the consolidation of the domestic and international entities of Equinox Group and act as the primary liaison to our external auditors. 

The individual will have a strong knowledge of GAAP accounting and technical concepts, including, but not limited to, share-based compensation, business combinations, revenue recognition, lease accounting, goodwill and fair value of various equity and debt instruments.

This position will report directly to the Director of Financial Reporting & Compliance at the Company’s corporate office at 1 Park Avenue, New York, New York and manage a team of 2 accountants (1 staff and 1 senior).

RESPONSIBILITIES :

Manage the Financial Reporting & Consolidation team for the preparation of the Quarterly and Annual Reports required by the credit facilities of Equinox, Blink, and SoulCycle Manage the preparation of Quarterly and Annual reports of our consolidated financials for the investors of Equinox Group Provide oversight of the Company’s consolidation process Monitor and ensure timely identification and compliance with evolving accounting guidance, provide US GAAP interpretation, and prepare technical memorandums that document issues and conclusions in a clear, logical and comprehensive manner Research accounting implications and record appropriate disclosures of significant routine and non-routine transactions or other technical accounting issues, including acquisitions, divestitures, hedging activities, strategic investments, share-based compensation, tangible and intangible asset impairment testing, leasing transactions and debt and equity financings Partner with the global tax department to ensure financial statement tax disclosures are accurate and complete Coordinate annual audit and quarterly review activities with external audit team including managing the internal calendar of accounting deliverables Manage communications with external auditors with respect to sign-off of financial statements and auditor agreement of interpretation of accounting standards Assist with the quarterly valuation process on Equinox Group and its affiliates share prices with our 3rd party valuation team Prepare our quarterly Audit Committee deck and present critical accounting developments to its members Assist with the monthly and quarterly investor and bank reporting requirements, including detail review of schedules prepared and final reports to be issued. Partner with our Benefits Team for equity related matters, including maintenance of capitalization tables and review the accounting entries for all equity plan transactions (, grants, exercises, forfeitures, etc.) Leverage and expand functionality of our equity administrative platform, Shareworks Strengthen internal control framework, including documenting process narratives and implementing internal controls. Develop and maintain cross-departmental relationships with Accounting, Real Estate, Treasury, Tax, Payroll, People Services and other financial stakeholders.

Qualifications

Minimum 5 years of experience, with at least 3 years in public accounting Active CPA license required Understanding of consolidations, NCI, discontinued operations, related parties, equity method accounting, and other complex equity & debt arrangements Understanding of internal control framework (specifically COSO) to assess control design and operational efficiency Familiarity with GAAP research tools and the FASB codification Knowledge of Microsoft Dynamics 365, One-Stream, and Shareworks, a plus Experience drafting technical accounting memos A demonstrated history of solving multiple and complex operational and accounting challenges Strong communications skills – in addition to competencies around editing and writing, candidate must also be able to communicate effectively in meetings and describe deliverables and project milestones and checkpoints Ability to work under pressure and within short time constraints in a complex system and business integrated environment Solid organizational skills along with an aptitude for information technology Experience managing and developing a team of multiple people

Pay Transparency: Min: $95K -Max $105K

Additional Information

Additional benefits include:  

We offer competitive salary, benefits and industry leading commission opportunities for club employees Complimentary Club membership Perks and incentives with our products and services including Personal Training, Pilates, Spa and Shop

This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department.

Equinox is an equal opportunity employer.