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Senior Financial Planning and Analysis Professional

2 months ago


Wakefield, Wakefield, United Kingdom iFIT Full time
About the Role

iFIT is a leading provider of holistic health and fitness solutions, aiming to create a seamless interactive experience that integrates physical fitness, mental health, nutrition, and active recovery. We develop proprietary software that learns and adjusts to individual habits, guiding users on their unique fitness journey.

This role will play a critical part in supporting the company's growth and success by providing financial insights and analysis. The successful candidate will partner with business leaders across the organization to drive informed decision-making.

Key Responsibilities
  • Forecasting and Planning: Lead the forecasting and planning process for the iFIT International Direct-to-Consumer (DTC) & Wholesale business units, working closely with the Sales team to develop leading & lagging indicators.
  • International Business Analysis: Leverage SKU-level details for International entities to provide stewardship on gross sales, margin, and average sales price trends.
  • Reporting and Insights: Develop new tools and reporting scorecards to provide improved visibility into International Retailer Trends and proactively identify risks and opportunities.
  • Pricing and Promotions: Collaborate with the Sales & Product Development team to develop pricing & promotional assumptions for key playbook SKUs.
  • Annual Operating Plan: Play an instrumental role in the Annual Operating Plan by developing realistic unit projection targets for the DTC business to establish the full-year plan for topline revenue & net revenue, while also playing an active role in developing the COGS & OPEX targets for the entire DTC business.
  • International P&L Analysis: Provide meaningful insights into International P&Ls by monitoring OPEX trends that negatively or positively impact contribution margin.
Essential Duties and Responsibilities
  • Financial Planning and Analysis: Develop a financial plan, forecast, reporting, and analysis that drive business insights and support informed decision-making by company executives.
  • Business Trend Analysis: Prepare monthly analyses of the business trends and budget variances of financial results and key performance indicators (KPIs) used in financial reviews and strategic planning.
  • Reporting and Dashboards: Build out tools to use reporting dashboards for sales, operational, and financial reporting.
  • Process Improvement: Improve performance by evaluating processes to drive efficiencies and understand the ROI of Marketing programs, pricing, new channel rollouts, and new projects.
  • Risk and Opportunity Identification: Proactively identify possible scenarios, risks, and opportunities around business performance.
  • Profitability Modeling: Create profitability/costing models and oversee/communicate model updates to the Center of Excellence.
  • Accrual Entries: Oversee accrual entries to ensure monthly and quarterly closes are accurate.
  • Global Support: Support global teams and department heads with in-depth analysis.
  • Ad-Hoc Analysis: Perform other ad-hoc analyses as requested by the CFO.
Education and Experience

iFIT is seeking a highly qualified candidate with a Bachelor's degree in Accounting, Finance, or Economics, and 3+ years of finance or related field experience. Prior FP&A experience in global consumer products and/or subscription services is highly desirable.