Financial Manager of Cost of Goods Sold

hace 3 semanas


Mayagüez, Mayagüez, Puerto Rico Lumen Inc A tiempo completo
About Lumen

Lumen is a leading provider of business growth solutions, connecting people, data, and applications quickly, securely, and effortlessly. Our company is built on a culture of teamwork, trust, and transparency, where people power progress.

We are committed to workplace inclusion and employee support, having made the Newsweek 2024 Greatest Workplaces for Diversity list and achieving a perfect score of 100 on the Human Rights Campaign Corporate Equality Index (CEI) for the fifth consecutive year. Additionally, we are the top employer in the communications and telecom industry, ranking 12th overall across all industries in The American Opportunity Index.

The Role

The Manager of Finance within Cost of Goods Sold (COGS) will play a pivotal role in managing and optimizing Lumen's COGS framework, working closely with various departments to drive cost-saving strategies and enhance reporting accuracy. This role is responsible for leading and developing a team to meet business priorities while overseeing the key aspects of cost analysis and reporting.

Main Responsibilities
  1. Team Management and Development: Lead and manage a COGS finance team, providing mentorship and development opportunities to enhance team capabilities. Set clear priorities and goals aligned with the organization's overall strategy.
  2. COGS Expense Management: Manage and control both direct and indirect COGS expenses to ensure alignment with financial targets.
  3. Fixed vs. Variable Cost Analysis: Distinguish between fixed and variable costs to provide actionable insights and support cost-saving initiatives.
  4. Collaboration with Stakeholders: Partner with teams from product, engineering, sales, FP&A, and business operations to build an effective mechanism for managing COGS. Drive cross-functional efforts to redesign, streamline, and automate processes.
  5. Financial Insights: Deep dive into COGS data to provide actionable financial insights, focusing on core drivers of gross margin at the product level.
  6. Process Improvement & Automation: Drive continuous improvements in processes, leveraging automation to streamline reconciliation, accruals, and data analysis.
  7. Accurate Reporting & Forecasting: Collaborate with accounting on cost allocation, expense recognition, and accruals while maintaining system-integrated workpapers for accurate monthly and quarterly financial reports.
  8. System & Process Transformation: Spearhead projects aimed at system conversions and process improvements, ensuring alignment with evolving business requirements.
  9. Data Management Expertise: Ensure excellent data management practices by maintaining, organizing, and analyzing large datasets to drive meaningful insights. Develop strategies for accurate and efficient data flow across functions, enabling real-time financial visibility.
What We Look For in a Candidate

We are seeking a highly skilled and experienced professional with a strong background in financial planning and analysis, particularly in COGS management. The ideal candidate will have:

  • Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
  • 6-8 years of experience in financial planning and analysis, with a focus on COGS management.
  • Proven experience in managing and developing finance teams.
  • Strong collaboration skills with the ability to manage cross-functional teams.
  • Excellent data management experience, with proficiency in organizing, analyzing, and automating large datasets.
  • Expertise in financial modeling, forecasting, and analysis tools.
  • Advanced Excel skills; experience with financial software and ERP systems (SAP preferred).
  • Power BI or Tableau experience is preferred.
  • Experience with system conversion and process automation.
  • Ability to communicate financial insights clearly at all levels of the organization.
  • Strong problem-solving skills and comfort working in ambiguous environments.


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