Director, FP&A - Product & Operations

About the role

iFIT is seeking a Director, FP&A – Product & Ops to join our remote team in the US. The role is critical in shaping the company's financial direction, focusing on hardware COGS, R&D capitalization, logistics economics, and rolling forecast models.

Responsibilities

• Establish a master COGS architecture, including BOM-level engineering change tracking and cost savings initiatives.
• Own and complete the reforecast streamlining initiative, delivering a fully operational rolling 12-month model by December 2026.
• Build an enterprise-grade labor allocation framework for hardware and software engineering, with spend tracked by major program and reported to executive leadership.
• Develop a financial due diligence standard for all new hardware and software product launches that governs Go/No-Go decisions with rigor and consistency.
• Serve as the senior financial authority and strategic partner to Hardware Engineering, Software Product, and Operations leadership.
• Lead Go/No-Go financial analysis for new hardware and software launches, synthesizing BOM economics, capitalization strategy, logistics costs, and long-term margin impact.
• Own the full financial architecture for global logistics, warehousing, and last-mile delivery, partnering with operations leadership to protect and expand contribution margins.
• Leverage Snowflake datasets to lead at least two major margin improvement initiatives per month, spanning shipping lane optimization, strategic component sourcing, carrier mix analysis, and manufacturing yield economics.
• Partner with Customer Service and Manufacturing/Quality to translate warranty data into hardware reliability trends that directly inform future product design and reduce warranty cost exposure.
• Transform Product and Operations budgeting to a dynamic 12-month rolling forecast inside Adaptive Planning, building driver-based models that reflect how the business actually operates.
• Deliver variance analysis and financial storytelling that is precise, actionable, and calibrated for engineers, operators, and the executive team.
• Lead, coach, and set the performance standard for one Senior Financial Analyst, building their analytical instincts and creating scalable frameworks and tooling they can operate independently.

Qualifications

• Bachelor’s degree in Finance, Accounting, or Engineering with a financial emphasis.
• 7–10 years of progressive FP&A experience, with substantial, demonstrable time supporting Hardware Engineering, Manufacturing, or Supply Chain environments in a lead finance capacity.
• Deep, hands-on command of hardware COGS and inventory accounting, including BOM analysis, cost variance investigation, and cost savings tracking.
• Expert-level Excel proficiency including complex nested logic, Power Query, and building models that others can maintain and scale.
• Strong command of GAAP/IFRS financial statements, with the ability to communicate accounting implications to non-finance stakeholders.
• Executive presence and communication skills sufficient to operate as a credible, trusted peer to engineering and operations VPs.