Senior Financial Analyst, Operations Finance

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 either (i) live within commuting distance of our Boston, MA office location and should expect to be in office approximately 2 or 3 days per week, or (ii) live in the Massachusetts region and should expect to be in the Boston, MA office location approximately 2 or 3 days per month.

As a Senior Analyst on the Operations Finance team, you will play a key role in forecasting, reporting, and analyzing gross margin performance. This includes ownership of all inventory-related accounts and cost of goods sold (COGS) transactions.  In addition to owning month-end reporting for designated areas, this position will serve as a trusted business partner to our supply chain organization and collaborate cross-functionally to support business planning and strategic decision-making. 
Involvement in the quarterly forecasting process, KPI tracking and business case support is also required.  This position requires a deep understanding of GAAP accounting principles, clear communication with key partners across multiple geographies, attention to detail, and a process improvement and efficiency mindset. This position reports to the Manager, Finance Operations.

What You’ll Do

• Maintain and reconcile accurate inventory accounts and COGS-related records on a monthly basis.

• Perform monthly, quarterly, and annual variance analysis; document and explain variances with relevant stakeholders.

• Prepare inventory-related provisions in compliance with SOX controls.

• Identify, propose, and implement inventory process improvements, particularly within SAP.

• Analyze purchase price variances (PPV).

• Support system implementations and upgrades through design input, testing, and go-live activities.

• Participate in ad-hoc and scheduled inventory counts; oversee the cycle count program as needed.

• Contribute to quarterly and annual financial forecasts in partnership with the Operations Finance team.

• Collaborate with cross-functional teams on initiatives impacting inventory and corporate accounting.

• Develop and maintain internal policies, standard operating procedures (SOPs), and documentation.

• Assist with onboarding and mentoring of new team members.

• Monitor and help implement new accounting standards as applicable.

• Ensure proper execution and documentation of SOX controls related to inventory and COGS.

• Participate in or lead ad hoc projects to support key business partners.

What You’ll Need

Basic Qualifications:

• Minimum of 3 years of general ledger and/or inventory accounting experience (a combination of public accounting and industry experience is preferred).

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.

• Experience working with large ERP systems (SAP experience preferred).

Preferred Qualifications:

• Strong understanding of inventory accounting principles.

• Advanced Excel proficiency.

• Proven experience in project management and process improvement.

• Ability to work effectively in a dynamic, fast-paced environment.

• Familiarity or interest in automation tools (e.g., Alteryx) and data visualization tools (e.g., Tableau).

• Excellent interpersonal and communication skills.

• Strong sense of ownership and accountability.

• High attention to detail and accuracy.

• Demonstrated integrity and professionalism.

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 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 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:

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.