Finance Manager - Corporate FP&A

Company Overview

Sleep Number is a sleep wellness technology leader. For nearly four decades, we have placed sleep at the center of wellbeing, improving over 15 million lives with our Sleep Number smart beds. We are guided by our purpose – to improve the health and wellbeing of society through higher quality sleep. This is exemplified through our 4,000+ mission-driven team members who passionately innovate to drive value creation through our vertically integrated business model, owning the process from start to finish, including selling in our over 650 stores nationwide.

Our team members are encouraged to bring their whole selves to work, sharing their unique perspectives, backgrounds and skills with Sleep Number every day. Whether you are entering, returning or experienced in the workforce, we have a place for you. We hope you join us in creating the future through higher quality sleep.

Position Purpose: 

This role involves leading key strategic processes including scenario planning and developing underlying financial model to support the strategic planning process, financial modeling and business case development, public earnings release and Board of Director meetings analysis and support, key voice and input and into on-going finance transformation work including advancing the Company’s financial system capabilities. The role reports directly to the Vice President of Integrated Planning, with frequent interaction with the Company CFO.

Primary Responsibilities:

• Strategic Plan Financials:
  • Develop and lead 5-year, three statement strategic plan financials
  • Use data and analysis to influence strategic direction and decisioning
  • Work cross-functionally to understand and model key strategic inputs into financial models
• Financial Modeling and Business Case Development:
  • Advance and standardize business case financials
  • Deploy standard financial metrics into analysis
  • Lead post-launch financial reviews against investment case
• Support Public Earnings Release Process
  • Lead financial analysis of operating results to identify key strategic themes
  • Develop analysis and supporting materials
  • Maintain earnings-related financial models
• Board of Director Meeting Support
  • Partner with senior leadership to develop financial analysis to support Board of Directors meetings, with direct linkage to strategic plan financials and earnings release materials
  • Prepare content for Board of Directors pre-read and presentation materials
  • Drive follow-up analysis from Board meetings
  • Provide ad-hoc analysis as needed

• Finance and Business Transformation
  • Relentless focus on opportunities to improve current financial processes
  • Drive efficiencies by developing system-driven and repeatable work product

Key Performance Indicators:

• Comprehensive and Integrated Financial Modelling: Financial modeling and analysis reflects the Company’s business model and appropriately elevates and conveys insights at a strategic level
• Timely and Accurate Financial Information: Builds-out process to support the public earnings process and Board of Director meetings and communications, including maintaining back-up analysis and data for both
• Workflow Management: Able to lead the FP&A team through business case development, strategic planning process, BOD meetings preparation and material development, and manage ad-hoc analysis. Able to communicate expectations, timelines and drive follow-through.
• Accuracy of insights and information: Must be able to develop a process that ensures data integrity
• Stakeholder Satisfaction: Measures the satisfaction of key stakeholders with the financial insights and support provided. High satisfaction often reflects effective communication and analysis.

Position Requirements: 

• 7 -10 years of experience in financial planning and analysis in publicly traded companies
• Proven experience in financial modeling and ability to flex communication style based on audience
• Experience with GAAP and non-GAAP reporting, particularly in a public company environment
• Experience working with financial planning and analysis systems and tools
• Successful project management experience

Knowledge, Skills & Abilities:

• In depth understanding of income statement, balance sheet and statement of cash flows, and familiarity with direct and indirect method of cash flow forecasting
• Strategic Thinking: Elevates analysis and synthesis to drive strategic thinking; able to identify and focus on the important few
• Proficiency in complex financial modeling and advanced Excel skills. E