Director, FP&A – Product & Operations

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Logo of iFIT

iFIT

1001 - 5000 employees

Founded 1977

🧘 Wellness

☁️ SaaS

🔧 Hardware

💰 $200M Private Equity Round - iFit on 2019-12

Wellness • SaaS • Hardware

iFIT is a connected fitness company that provides interactive workouts, personal training content, and a subscription-based fitness platform integrated with exercise equipment. iFIT publishes on-demand and live classes (Global Workouts, Progressive Series), offers mobile apps for iOS and Android, and supports equipment brands including NordicTrack and ProForm. The company operates a member center, customer support (live chat and texting), order tracking, and resources for memberships, troubleshooting, assembly and repair.

📋 Description

• Establish a master COGS architecture with BOM-level engineering change tracking and cost savings initiatives • Own and complete the reforecast streamlining initiative, delivering a rolling 12-month model across the business by December 2026 • Build an enterprise-grade labor allocation framework for hardware and software engineering • Establish financial due diligence standards for new hardware and software product launches and Go/No-Go decisions • Serve as senior financial authority and strategic partner to Hardware Engineering, Software Product, and Operations leadership • Lead financial analysis for new product launches, including BOM economics, capitalization strategy, logistics costs, and long-term margin impact • Direct the company’s software R&D capitalization strategy, policies, schedules, and ROI alignment • Own financial architecture for global logistics, warehousing, and last-mile delivery • Lead margin improvement initiatives using Snowflake data across shipping, sourcing, carrier mix, and manufacturing yield economics • Translate warranty data into hardware reliability trends to inform product design and reduce warranty costs • Transform Product and Operations budgeting into a driver-based 12-month rolling forecast in Adaptive Planning • Deliver variance analysis and financial storytelling for engineering, operations, and executive stakeholders • Understand and model the hardware product development lifecycle from design and sourcing through manufacturing, certification, and launch • Serve as subject-matter authority on the financial implications of software product development cycles • Lead and coach one Senior Financial Analyst

🎯 Requirements

• Bachelor’s degree in Finance, Accounting, or Engineering with a financial emphasis • 7–10 years of progressive FP&A experience supporting Hardware Engineering, Manufacturing, or Supply Chain environments in a lead finance capacity • Hands-on command of hardware COGS and inventory accounting, including BOM analysis, cost variance investigation, and cost savings tracking • Experience with R&D capitalization and SaaS/connected device metrics for software • Experience supporting multi-phase hardware product development from concept through launch, including milestone-based spend, tooling amortization, and NPI cost structures • Experience supporting software product development across roadmap cycles, including capitalization policy management, sprint-to-quarter reconciliation, and feature-level ROI analysis • Expert-level Excel proficiency, including complex nested logic, Power Query, and scalable financial models • Command of GAAP/IFRS financial statements and ability to communicate accounting implications to non-finance stakeholders • Executive presence and communication skills to operate as a credible peer to engineering and operations VPs • Authorized to work in the United States without sponsorship • Preferred: MBA • Preferred: Adaptive Planning enterprise-model proficiency • Preferred: Tableau or equivalent BI dashboard experience with Snowflake data • Preferred: SQL proficiency for independently pulling and validating datasets • Preferred: Experience at a connected hardware/software company

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