Job Information
Sonos Inc. Senior Financial Analyst - Supply Chain in Santa Barbara, California
At Sonos we want to create the ultimate listening experience for our customers and know that it starts by listening to each other. As part of the Sonos team, you'll collaborate with people of all styles, skill sets, and backgrounds to realize our vision while fostering a community where everyone feels included and empowered to do the best work of their lives. This role can be done from home Building the world's leading sound experience starts with the experience we provide for our people. That's why we've been distributed from the start: initially between offices in Boston & Santa Barbara, and now with additional offices around the globe. This role can be done from any of our offices across the United States or remotely from home. It's about impact, not location. #LI-Remote The Senior Financial Analyst, Supply Chain Finance is a key member of the Sonos Operations Finance team, supporting 20+ business partners who own $1B of annual COGS. As a trusted business partner and advisor to the supply chain organization, this person will be responsible for delivering an annual operating plan, monthly forecasting, results validation and reporting, supporting the quarterly earnings process, long-range planning and KPI achievement, and business case support for the supply chain and business operation organizations. This position requires a deep understanding of GAAP accounting principles, clear communication with key partners across multiple geographies, attention to detail, and a process and efficiency mindset. This position reports to the Senior Manager, Operations Finance. What You'll Do Prepare annual operating plan, monthly forecasts and reporting for finished goods inventory, and other COGS items working with the business operations to identify key drivers and quantify relevant risks and opportunities Provide data and supporting documentation to the inventory accounting team to assure completeness and accuracy of our quarterly financial results Compile monthly financial scorecards for Operations KPI performance ( COGS and Gross Margin) Gain understanding of standard costing methodology and amortization; partner with inventory accounting team to suggest expense recognition policies that enable accurate gross margin reporting at the product level, and ultimately oversee the standard costing process @Sonos Support Core FP&A team and finance leadership in quarterly earnings preparation, helping them understand key cost drivers in the COGS space Partner with trade compliance team in providing quarterly rate cards to support Sonos import process, ensuring accurate valuation of imported goods; leverage this information to inform tariff and duty forecasts Focus on leveraging technology to support process improvement opportunities to improve forecast efficiency and accuracy, and lead the system development initiatives driven by Operations Finance (Anaplan, Tableau, etc.) Finance partner for business case/decision support for supply chain initiatives and contract negotiations; includes reviewing contracts for alignment with Sonos purchasing and payment policies, validation of financial exposure and quantification of expected benefits, risks and opportunities What You'll Need Basic Qualifications Master's degree in Finance, Accounting, Economics or technology related field required 3+ years of experience in offered position or related position (FP&A, accounting, or supply chain) Alternatively, can accept a Bachelor's degree in Accounting, Finance, Economics or technology related field with 5 years of experience in offered position or related position Financial experience should include deep understanding of GAAP, gross margin drivers, P&L and balance sheet familiarity Experience collaborating with business partners and managing operating budgets 2+ years of experience supporting supp