The posting
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 is a hybrid position
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 location and should expect to be in office 3 days per week.
The Product FP&A team is looking for a Senior Financial Analyst to support OPEX planning and reporting and drive process improvements in this space. As a member of the team, you will act as a trusted business partner and advisor to the various functional organizations within Hardware & Software. In this role you will be responsible for a variety of FP&A tasks including driving planning and forecasting processes with business partners, monthly & quarterly accounting close support and reporting for key stakeholders, OPEX budget management, and financial model building.
This position requires strong collaboration and communication with key partners, attention to detail, and the ability to take a thoughtful approach to projects. We are looking for a candidate with the ability to jump right in and who has an inclination to teach and help others as well as a willingness to learn and is comfortable with ambiguity.
What You’ll Do
- Drive the annual planning and monthly forecasting process with business partners and layer in financial judgment; 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 and analyze the accuracy of results compared to forecast
- Become the subject matter expert for OPEX variance explanations versus Plan and Forecast and lead the storytelling for the teams you support; participate in total company OPEX consolidations and storytelling in partnership with Core FP&A
- Contribute to AI adoption within FP&A; collaborate with Finance Systems teams to create tools and reports that allow for more streamlined forecasting, accurate reporting, and better insights for key business partners.
- Identify and lead process improvement opportunities across FP&A, Accounting, and other partners to improve efficiency, reporting and performance.
- Ad hoc projects supporting key business partners within the teams you support.
- Partner with the business to compile financial projections supporting functional and strategic long term planning.
What You’ll Need
Basic Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, Business or similar field
- Minimum of 4+ years progressive experience working 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.
- Financial experience should include general knowledge of US GAAP accounting principles and accrual accounting, full P&L familiarity, and budget management exposure
Preferred Qualifications
- Knowledge of or experience with FP&A business partnering in a consumer electronics or other retail company.
- Critical Thinking & Analysis - Ability to look at situations and data from multiple perspectives, synthesize and evaluate what is useful for forecasting.
- Problem Solving - Ability to identify and frame problems logically, clearly and apply reasoning to break problems down and identify a solution or path forward.
- Customer Orientation - Proven ability to work cross functionally and experience communicating with or presenting to people at all levels of the organization with varying levels of financial literacy.
- Familiarity with Google Workspace and collaboration tools.
- Previous experience using Anaplan (or similar cloud forecasting tool) and SAP.
- Experience leveraging AI tools for dashboarding, data visualization, and extracting financial insights.
- Experience working at a consumer product or manufacturing focused multinational consumer company.
- Self-starter with right the first time mentality, high integrity, intellectual curiosity, comfortable with ambiguity, self-aware and humble attitude
Research shows that some candidates may not apply for roles if they don't meet all the criteria. If you don’t have 100% of the skills listed, we still 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 us in the United States, both now and in the future.
#LI-Hybrid
Your profile will be reviewed and you'll 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:
$88,000 and $110,000
The specific pay offered will depend on the candidate’s 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 Company's sole discretion unless and until paid and may be modified at the Company’s 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 [email protected] and let us know the nature of your request and your contact information.
