Financial Analyst, Gross Margin
Financial Analyst, Gross Margin
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Job Description
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 youll 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 is a hybrid position
Some roles require an office while others may be done remotely. This position is considered hybrid allowing for a combination of remote work and in-office collaboration. Qualified applicants must live within commuting distance of our Boston office.
The Core FP&A team is the central hub for financial planning and reporting at Sonos. As financial storytellers and strategic partners we collaborate across the organization to deliver actionable insights to senior leadership. We design and continuously improve planning forecasting and reporting processes. This role is a key contributor to our financial planning strategy and will specialize in gross margin analysis.
What Youll Do
The Core FP&A team is looking for a high performer to be our lead for all things gross margin. We are looking for someone to join our team who is highly motivated curious and excited about reporting data and process improvements. The ideal candidate will be passionate about working for a company that lives its brand and delivers on its promise to create the ultimate home music experience Additionally this person will:
Serve as the subject matter expert for gross margin analysis collaborating cross-functionally with Revenue Supply Chain Finance and Accounting teams to understand key drivers.
Own and prepare monthly and quarterly gross margin bridges including YoY QoQ and actuals vs. forecast.
Lead the development of gross margin performance narratives for internal executive reviews and external earnings support.
Identify opportunities to enhance gross margin analysis with a focus on process improvements and automation.
Review and support gross margin-related content in SEC filings and external documentation.
Contribute to revenue forecasting unit assumptions pricing analysis and bi-weekly gross margin flash estimates.
Support additional FP&A team projects and ad hoc financial analysis as needed.
What Youll Need
Basic Qualifications
Bachelors degree in Finance Accounting Economics Business or a related field.
Minimum of 3 years of relevant experience in FP&A consulting investment banking or a related discipline.
High attention to detail and a track record of delivering accurate work in fast-paced environments.
Strong analytical mindset and curiosity for continuous improvement.
Effective communication and collaboration skills across various stakeholder levels.
Proficiency in Excel and financial modeling.
Ability to simplify complex data into visual storytelling for stakeholders.
Integrity humility and a growth mindset.
Willingness to work in a hybrid model out of our Boston office.
Preferred Qualifications
Experience with FP&A or accounting in a consumer-facing business (e.g. consumer electronics retail or DTC).
Understanding of gross margin variance drivers (e.g. volume mix rate).
Experience with financial tools such as Anaplan SAP S/4HANA Analytics for Office (AO) Tableau SQL or AI productivity tools.
Research shows that some candidates may not apply for roles if they dont meet all the criteria. If you dont have 100% of the skills listed we strongly encourage you to apply if interested.
Visa Sponsorship: Sonos is unable to sponsor or take over sponsorship of an employment visa for this role at this time. We ask that applicants be authorized to work for any US employer both now and in the future.
#LI-Hybrid
Your profile will be reviewed and youll hear from us once we have an update. At Sonos we take the time to hire right and appreciate your patience.
The base pay range for this role based off geographic location is:
$86000 and $107000The specific pay offered will depend on the candidates geographic location as well as qualifications and experience. We apply geographic pay differentials based on the cost of labor in the market. Employees in high-cost locations may be compensated at the upper end of the range while those in medium or low cost markets may be compensated at the lower end of the range. Your recruiter can provide more details about the specific salary range for your location during the hiring process.
Please note that compensation details listed in US job postings reflect the base salary only and do not include bonus equity or benefits.
We also offer a comprehensive benefits program with choice and flexibility in mind to help support the health wealth and overall well-being of our employees. Regular full time employees in the US are eligible for benefits on day one including:
Medical Dental and Vision Insurance
A 401(k) plan with company matching and immediate vesting
An Open Time Off policy (OTO) so you have maximum opportunity to disconnect and recharge with no tenure-based vacation accruals required
80 hours of sick time upon hire refreshed annually
Up to 12 paid holidays per calendar year
Sonos offers a generous paid leave program for new parents or to care for a family member with a serious health condition as well as short- and long-term disability for your own medical condition
Company-paid Disability Life and AD&D Insurance
Voluntary benefits including Voluntary Life AD&D Accident and Pet Insurance
Mental health benefits to support your holistic well-being
A generous employee discount program & Sonos Radio HD - on us!
Note: No amount of pay is considered to be wages or compensation until such amount is earned vested and determinable. The amount and availability of any bonus benefits or any other form of compensation and benefits that are allocable to a particular employee remains in the Companys sole discretion unless and until paid and may be modified at the Companys sole discretion consistent with the law.
Notice to U.S. Job Applicants: Sonos is an equal opportunity employer. We evaluate qualified applicants without regard to race color religion sex sexual orientation gender identity national origin disability veteran status and other legally protected characteristics.
Sonos is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process please send an e-mail to and let us know the nature of your request and your contact information.
Required Experience:
IC
Employment Type
Full-Time
