What are the responsibilities and job description for the Sr. Manager of FP&A position at Soni?
We are seeking a skilled and analytical FP&A Analyst to join our client’s finance team. This role will partner with key operational leaders to deliver detailed financial analysis, support decision-making, and drive process improvements. The ideal candidate has strong financial modeling expertise, thrives in a collaborative environment, and excels at communicating complex financial insights to non-financial audiences.
Experience / Skills / Qualifications
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.
- Financial Support for Product Strategy: Collaborate with Product, Sales, and Marketing teams to analyze and optimize product performance, ensuring profitability and alignment with company objectives. Lead financial analysis for product launches, lifecycle management, and product portfolio optimization.
- Pricing Strategy Development: Partner with cross functional teams to design, implement, and refine pricing strategies. Lead financial assessments of different pricing models, evaluate price sensitivity, and conduct competitive analysis to drive pricing decisions that maximize revenue and profitability.
- Financial Modeling and Forecasting: Build and maintain robust financial models to project the impact of pricing changes, product introductions, and cost structures. Own the forecasting process for product new product development and product organization, ensuring accurate and actionable financial plans.
- Budgeting and Financial Planning: Lead the budgeting and financial planning process for new product development and pricing strategies. Ensure alignment between financial goals and business objectives while providing financial insights to senior leadership.
- Performance Reporting: Develop and deliver regular financial reporting on product performance, pricing impact, and key business metrics. Provide insights into product margins, revenue growth, and cost optimization opportunities.
- Cross-functional Collaboration: Work closely with cross-functional teams, including Product Development, Sales, Marketing, Global Finance teams and Operations, to ensure financial perspectives are integrated into strategic decisions. Act as a financial business partner to category leadership to drive profitability and business growth.
- Product Profitability Analysis: Analyze the profitability of individual products and product lines, identifying key drivers of margin variance, cost efficiency opportunities, and potential areas for improvement. Recommend strategies to optimize profitability.
- Ad-Hoc Financial Analysis: Conduct ad-hoc financial analysis to evaluate specific product opportunities, pricing adjustments, and potential business initiatives. Provide strategic recommendations based on financial data.
- Process Improvement: Continuously improve financial reporting processes, forecasting methods, and pricing models by leveraging technology to increase speed of decision-making. Enhance the efficiency and accuracy of financial tools and systems used to support product and pricing decision
Experience / Skills / Qualifications
- 7 years experience directly applicable Finance experience - partnership with business leaders to drive strategic and effective outcomes
- Expertise in pricing strategy development and product profitability analysis
- Strong analytical and data interpretation skills with an ability to apply quantitative and qualitative analysis to Financial outcomes and use data to influence decisions
- Bachelor's degree in Accounting, Finance, or a related field.
- 4-6 years of experience in forecasting, budgeting, and financial reporting, preferably in manufacturing or a sales-driven organization.
- Advanced proficiency in Excel and financial modeling.
- Strong understanding of financial systems, such as OLAP and JDE.
- Familiarity with MS Office Suite, particularly Word and PowerPoint.
- Strong analytical skills with the ability to work with statistical concepts and draw valid conclusions.
- Exceptional communication skills, including the ability to present financial data to non-financial stakeholders.
- Experience with retail operations.
- Proven ability to design and implement process improvements in budgeting and forecasting.
- Knowledge of foreign currency analysis and valuation.
- Experience developing financial models for decision support, including pricing and business cases for new product launches.
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.
Salary : $200,000