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
As key member of Sleep Number’s Corporate FP&A team, the Senior Financial Analyst provides financial leadership, decision support and influence to maximize the effectiveness of operational leaders that drive profitability. This Senior Financial Analyst will partner with organizational leadership within Supply Chain Operations - specifically Strategic Sourcing - to achieve key financial and operational objectives, support strategic and business planning, and measure performance/progress against stated objectives with a focus on regular financial modeling and month end analysis.
Primary Responsibilities
Decision support and influence
- Partner closely with business leadership to provide analysis, insights and guidance
- Design, implement and measure profitable business strategies, enhance cost efficiencies, and improve quality and customer experience
- Develop, maintain, and enhance detailed financial models and forecasts for business units and corporate initiatives
- Identify and help implement process and cost improvements and contribute to the enhancement of financial planning processes, systems, and tools
- Perform ad hoc financial analysis and project work including business case development for operational and capital projects, business scenarios, support for supplier negotiations, metric development and “deep dive” analyses, and other senior management support
Financial leadership
- Month/Quarter/Year-end and ongoing analysis of business performance including expense and KPI reporting vs plan and objectives
- Participate in standard financial processes that include financial month end closing, budget development and periodic forecast updates for expense and capital expenditures
- Prepare, review and report monthly financial results to ensure accuracy and provide appropriate visibility to business leaders
Position Requirements
- 3+ years of related financial analyst experience with a focus on building business partnerships required, 5+ years of experience preferred
- Bachelor’s degree in Finance, Accounting, Business Administration or equivalent work experience. MBA (preferred)
- Advanced financial planning (e.g. COGS, inventory costs), budgeting, forecasting and financial modeling experience
- Proven ability to make recommendations and provide decisioning support
- Experience with tool building, problem solving, and analytical thinking
- Self-driven, persuasive and independent with attention to detail & follow-up
- Strong business acumen and sense of accountability/ownership
- Proven ability to build strong working relationships and influence business partners across organizations
- Demonstrated time and project management skills; ability to multi-task, manage competing deadlines, and function effectively under pressure
- Comfortable presenting to executives/senior leadership teams
- Proficient in MS Excel and familiar with other business intelligence tools including Power BI, knowledge of accounting system (Oracle) and Hyperion Essbase (preferred)
Working Conditions
- Sleep Number offers a hybrid work environment that supports a flexible blend of remote work and in-office collaboration at our corporate headquarters in Minneapolis, Minnesota.
- Onsite expectation is 3 days per week
- #PIQ
Salary Pay Range: $82,700.00 -$110,300.00
Wellbeing
Wellbeing is more than a catchphrase - it's a movement that permeates our company and through our team members. We are dedicated to enhancing and supporting the wellbeing of our team members and their families through benefits, programs, and resources across our five wellbeing pillars of emotional, financial, career, community, and physical health, with sleep at the center.
By joining our team, in addition to offering competitive pay programs, we are proud to offer eligible team members an extensive benefits package including, but not limited to medical and pharmacy benefits, dental, life and disability insurance, a 401(k) Plan, paid time off, and much more.
Safety
Safety is a top priority for Sleep Number supporting customers and team members wellbeing. We are committed to maintaining a safe and healthy work environment for all team members that are consistent with CDC guidelines, U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), and state/local laws.
EEO Statement
Sleep Number is an equal opportunity employer. We are committed to recruiting, hiring and promoting qualified people and prohibit discrimination based on race, color, marital status, religion, sex (including gender, gender identity, gender expression, transgender status, pregnancy, childbirth, and medical conditions related to pregnancy or childbirth), sexual orientation, age, national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed servicemember status or any other status protected by federal, state, or local law.
Americans with Disabilities Act (ADA)
It is Sleep Number’s policy to provide reasonable accommodations to qualified individuals with disabilities during the application process, consistent with applicable law. We may require supporting medical or religious documentation where applicable and permissible by law. If you are a qualified individual, you may request a reasonable accommodation at any time during the selection process, including if you are unable or otherwise limited in your ability to access open roles here.
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