Senior Financial Analyst, FP&A OPEX (Product)

Sonos - Santa Barbara, CA

Full-time - Mid Level

Santa Barbara, CA

Merchant Wholesalers, Durable Goods

About the position

The Senior Financial Analyst for FP&A OPEX at Sonos will support operational expense planning and reporting while driving process improvements. This role involves collaboration with various functional organizations, acting as a trusted business partner and advisor. Key responsibilities include managing the annual planning and monthly forecasting processes, supporting accounting close activities, and building financial models to enhance decision-making.

Responsibilities

• Drive the annual planning and monthly forecasting process with business partners.
• Maintain planning calendars, user templates, and manage Anaplan inputs.
• Create forecast to forecast variance bridges with explanations.
• Partner with the Accounting team at each month and quarter-end to ensure accurate accruals for key expense items.
• Analyze accuracy of results compared to forecast.
• Become the subject matter expert for OPEX variance explanations versus Plan and Forecast.
• Lead the storytelling for the teams supported and participate in total company OPEX consolidations.
• Partner with Finance Systems teams to create tools and reports for streamlined forecasting and accurate reporting.
• Identify and lead process improvement opportunities across FP&A, Accounting, and other partners.
• Support ad hoc projects for key business partners.
• Compile financial projections supporting functional and strategic long-term planning.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, Business or similar field.
• Minimum of 4+ years progressive experience in FP&A, accounting, consulting or banking.
• Advanced Excel or Google Sheets modeling and analysis skills.
• Ability to analyze and summarize large data sets and make recommendations based on the data.
• General knowledge of US GAAP accounting principles and accrual accounting.
• Full P&L familiarity and budget management exposure.

Nice-to-haves

• Knowledge of or experience with FP&A business partnering in a consumer electronics or retail company.
• Critical thinking and analysis skills to evaluate data from multiple perspectives.
• Problem-solving skills to identify and frame problems logically and apply reasoning to find solutions.
• Customer orientation with experience communicating across all levels of the organization.

Benefits

• Health insurance coverage
• 401k retirement savings plan
• Paid holidays
• Flexible scheduling
• Professional development opportunities