Tonal

Controller of Technical Accounting and Reporting - Senior Director

Remote

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Health & Fitness, Biotechnology, Software & PlatformsIndustries

Requirements

Candidates should possess a Bachelor’s degree in Accounting or a related field, along with a minimum of 8 years of progressive accounting experience, including at least 5 years in a senior leadership role. Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and experience with financial reporting, internal controls, and audit processes are essential. Experience with tax compliance and treasury functions is also required.

Responsibilities

The Corporate Controller will oversee the preparation of monthly, quarterly, and annual financial information, ensuring compliance with GAAP and relevant regulations. They will manage the company’s accounting functions, including technical accounting, financial reporting, and tax compliance, while also leading and mentoring the Corporate Accounting and Reporting team. This role involves building and maintaining internal controls, partnering with the Operational Accounting team, and supporting investor requests and financial audits.

Skills

U.S. GAAP
Financial reporting
Internal controls
Accounting
Financial analysis
Team management

Tonal

Home gym system with personalized workouts

About Tonal

Tonal offers a home gym solution that combines technology and fitness. Its main product is a wall-mounted fitness system that uses artificial intelligence to create personalized workout plans. This system tracks user performance and provides real-time feedback, helping users achieve their fitness goals. Tonal's equipment can adapt to different fitness levels, offering up to 200 pounds of adjustable weight and the capability to perform over 245 exercises. Unlike many competitors, Tonal focuses on providing a complete fitness experience in one device, eliminating the need for multiple gym equipment or memberships. The company's goal is to make fitness more accessible and convenient for everyone, with a business model that includes selling the equipment and offering a subscription service for ongoing personalized workout programs.

Key Metrics

San Francisco, CaliforniaHeadquarters
2015Year Founded
$564.2MTotal Funding
LATE_VCCompany Stage
Consumer Software, AI & Machine Learning, Consumer GoodsIndustries
201-500Employees

Benefits

Competitive compensation
Top quality health care package
Commuter benefits
Parental leave
Flexible vacation days
Weekly catered team lunches
Office happy hours
Team offsites & company-wide events
New equipment on your first day
Tonal discounts

Risks

CEO change may lead to strategic shifts affecting company stability.
Increased competition from brands like Lululemon threatens market share.
High marketing costs with Spartan Race may not convert to long-term customers.

Differentiation

Tonal uses AI to provide personalized strength training workouts.
The equipment offers up to 200 pounds of adaptive weight resistance.
Tonal's wall-mounted design saves space and offers over 245 exercises.

Upsides

Partnerships with niche sports like volleyball and pickleball expand market reach.
Integration with Fitbit Charge 6 enhances user experience with real-time heart rate streaming.
Retail expansion to Best Buy increases accessibility and potential customer base.

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