Senior Financial Analyst, Operations

Sonos, Incabout 1 year ago
Seattle, Washington, United States
Hybrid
Full-time
Junior Level (1-3 years)

Job Description

Position Overview

At Sonos, we want to create the ultimate listening experience for our customers—and it starts by listening to each other. As a Senior Financial Analyst, Operations, you will collaborate with diverse teams to realize our vision while fostering a community where everyone feels included and empowered.

This hybrid role requires a combination of remote work and in-office collaboration at our Boston and Seattle offices. Reporting to the Senior Manager, Operations Finance, you will support critical financial processes and partner with over 30 cross-functional teams managing approximately $1B in annual COGS.

Key Responsibilities

  • Establish and maintain purchase information records and analyze Bill of Materials (BOM) cost structures at commodity and functional group levels to ensure accuracy and reflection of risks and opportunities.
  • Partner with the Inventory Accounting team to recommend and implement expense recognition policies (e.g., cost roll, standard cost amortization) to ensure GAAP compliance and precise financial reporting.
  • Coordinate with Product and Operations teams to set, review, and update standard costs aligned with key business milestones, including new product introductions and cost reduction initiatives.
  • Lead cross-functional initiatives to improve standard costing processes, tools, and system effectiveness across supply chain and finance functions.
  • Oversee ROI analysis for sustaining product investments and capital expenditures (CAPEX), evaluating financial impacts and delivering actionable insights.
  • Support month-end and quarter-end close processes with actual vs. forecast analyses for COGS accounts to enhance financial reporting and management insights.
  • Develop an in-depth understanding of finished goods flow and planning processes, leveraging inputs such as the Supply Plan and Demand Forecast for financial modeling.
  • Leverage technology improvements with Anaplan, Tableau, and other finance systems in partnership with Operations Finance and Tech teams.
  • Act as a finance partner on business cases and decision support related to supply chain initiatives and contract negotiations, including reviewing agreements for policy compliance and risk evaluation.

Required Qualifications

  • Master’s degree in Finance, Accounting, Economics, or a technology-related field, OR a Bachelor’s degree in these fields with at least 5 years of relevant experience.
  • Minimum of 4 years of experience in FP&A, inventory accounting, or a related finance role.
  • Strong understanding of GAAP, gross margin drivers, and familiarity with both P&L and balance sheet structures.
  • Proven experience collaborating with cross-functional business partners and managing operating budgets.
  • At least 2 years of experience supporting supply chain functions within a multinational consumer products, technology, or manufacturing company.
  • Demonstrated ability to synthesize large datasets and extract insights using analytical tools.
  • Advanced skills in Excel or Google Sheets with the ability to build robust financial models.
  • Strong attention to detail coupled with a continuous improvement mindset focused on processes and systems.
  • Prior experience with financial forecasting tools (e.g., Anaplan), ERP systems (e.g., SAP), and data visualization tools such as Tableau or similar platforms.

Preferred Qualifications

  • Proven ability to communicate and collaborate effectively with global business partners across various levels of financial literacy.
  • Highly self-motivated and resourceful with the ability to independently navigate complex topics and steep learning curves.
  • Ability to prioritize and execute in a fast-paced, dynamic environment with strong personal ownership and accountability.
  • High energy, creativity, and an entrepreneurial mindset with a strong bias for action and problem-solving.
  • Passion for cross-functional collaboration while balancing constraints and stakeholder needs.
  • Operates with high integrity, intellectual curiosity, self-awareness, and proactive communication.

Benefits & Perks

Compensation: The base pay range for this role is $86,000 to $107,000, depending on geographic location, qualifications, and experience. Please note that this base salary does not include bonus, equity, or other benefits.

  • Medical, Dental, and Vision Insurance
  • 401(k) plan with company matching and immediate vesting
  • An Open Time Off (OTO) policy that allows maximum opportunity to disconnect and recharge
  • 80 hours of sick time upon hire, refreshed annually
  • Up to 12 paid holidays per calendar year
  • Generous paid leave program for new parents or for caring for a family member with a serious health condition, plus short- and long-term disability benefits
  • Company-paid Disability, Life, and AD&D Insurance
  • Voluntary benefits including Life, AD&D, Accident, and Pet Insurance
  • Mental health benefits to support your overall well-being
  • Generous employee discount program and Sonos Radio HD

Required Skills

ROI Analysis
GAAP
Tableau
Forecasting
Anaplan
Cross-functional Collaboration
Financial Modeling
Budget Management
Variance Analysis
Advanced Excel