Financial Analyst, Gross Margin

This role is a hybrid position

Some roles require an office while others may be done remotely. 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.

The Core FP&A team is the central hub for financial planning and reporting at Sonos. As financial storytellers and strategic partners, we collaborate across the organization to deliver actionable insights to senior leadership. We design and continuously improve planning, forecasting, and reporting processes. This role is a key contributor to our financial planning strategy and will specialize in gross margin analysis.

What You'll Do

The Core FP&A team is looking for a high performer to be our lead for all things gross margin. We are looking for someone to join our team who is highly motivated, curious and excited about reporting, data and process improvements. The ideal candidate will be passionate about working for a company that lives its brand and delivers on its promise to create the ultimate home music experience Additionally, this person will:

• Serve as the subject matter expert for gross margin analysis, collaborating cross-functionally with Revenue, Supply Chain Finance, and Accounting teams to understand key drivers.

• Own and prepare monthly and quarterly gross margin bridges, including YoY, QoQ, and actuals vs. forecast.

• Lead the development of gross margin performance narratives for internal executive reviews and external earnings support.

• Identify opportunities to enhance gross margin analysis, with a focus on process improvements and automation.

• Review and support gross margin-related content in SEC filings and external documentation.

• Contribute to revenue forecasting, unit assumptions, pricing analysis, and bi-weekly gross margin flash estimates.

• Support additional FP&A team projects and ad hoc financial analysis as needed.

What You'll Need

Basic Qualifications

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

• Minimum of 3 years of relevant experience in FP&A, consulting, investment banking, or a related discipline.

• High attention to detail and a track record of delivering accurate work in fast-paced environments.

• Strong analytical mindset and curiosity for continuous improvement.

• Effective communication and collaboration skills across various stakeholder levels.

• Proficiency in Excel and financial modeling.

• Ability to simplify complex data into visual storytelling for stakeholders.

• Integrity, humility, and a growth mindset.

• Willingness to work in a hybrid model out of our Boston office.

Preferred Qualifications

• Experience with FP&A or accounting in a consumer-facing business (e.g., consumer electronics, retail, or DTC).

• Understanding of gross margin variance drivers (e.g., volume, mix, rate).

• Experience with financial tools such as Anaplan, SAP S/4HANA, Analytics for Office (AO), Tableau, SQL, or AI productivity tools.

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 accommodations@sonos.com and let us know the nature of your request and your contact information.