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

Position Overview

  • Location Type: Primarily Onsite (Hybrid options may be available)
  • Job Type: Full-Time
  • Salary: Not specified

Tonal is the most intelligent home gym and the first truly personalized approach to strength training. Tonal enables people to lead healthier lives by providing them with the equipment, technology, and guidance to effectively reach their fitness goals. A full-body strength assessment automatically sets the optimal weight for every move, and adaptive digital weight adjusts in real-time for the most personalized and effective workout that helps members achieve measurable results. Since its inception in 2015, Tonal has been transforming the fitness industry with intelligent features including adaptive digital weight that learns from the user for a more personalized, full-body workout. The Tonal platform combines world-class data science, computer vision, artificial intelligence (AI) and instructor-led content. To help our members push past plateaus and deliver results, Tonal offers more than three thousand coach-led, on-demand and live workouts across a number of fitness categories including strength training, cardio, yoga, HIIT, mobility, and more.

This role is seeking a Corporate Controller responsible for overseeing all accounting and external financial reporting activities. The Controller will manage the preparation of monthly, quarterly, and annual financial information, ensuring compliance with U.S. Generally Accepted Accounting Principles (GAAP), and building and maintaining internal controls over financial reporting. They will play a key role in driving the company’s financial health and decision-making processes. The Controller will also oversee the Corporate Payroll function and lead the Corporate Accounting and Reporting team.

Requirements

  • Strong understanding of U.S. GAAP
  • Experience with financial reporting (monthly, quarterly, annual)
  • Experience with internal controls over financial reporting
  • Leadership and management experience
  • Experience with tax compliance (federal and state)
  • Experience with corporate payroll management

Responsibilities

  • Lead, manage, and scale the company’s core accounting functions, including technical accounting, financial reporting, finance operations, tax, and treasury.
  • Drive processes to optimize and automate accounting to provide efficient monthly/quarterly close cycles while improving accuracy.
  • Set the standards as a leader and coach to increase levels of employee job satisfaction and employee engagement through the development and mentoring of the team.
  • Establish and maintain accounting standards and procedures.
  • Ensure the accuracy and integrity of financial data.
  • Oversee the Corporate Payroll function.
  • Lead the Corporate Accounting and Reporting team (Assistant Controller, Tax Manager, and Technical Accounting Manager).
  • Partner closely with the Operational Accounting team, including the external transactional accounting team based internationally and the Corporate Finance team.
  • Prepare monthly, quarterly, and annual financial information.
  • Ensure compliance with U.S. Generally Accepted Accounting Principles (GAAP).

Application Instructions

  • Not specified in the provided text. Please refer to the Tonal careers website for application details.

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.

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.

Land your dream remote job 3x faster with AI