Principal Finance Manager, Amazon
Inventory Financial Management & Optimization, OPD Finance
$125.2-207k
Office located in Sunnyvale, CA
The largest online retailer and technology provider
Job no longer available
The largest online retailer and technology provider
1001+ employees
Job no longer available
$125.2-207k
Office located in Sunnyvale, CA
1001+ employees
Company mission
To be Earth's most customer-centric company.
Role
Who you are
- 12+ years of tax, finance or a related analytical field experience
- 7+ years of finance technology, forecast & budgeting, or other finance-focused competency experience
- Experience with Tableau, Python, SQB, Quicksight, Cognos or or other BI packages
Desirable
- MBA, or CPA
- Experience in a leadership position managing finance, accounting and operational processes
What the job involves
- We are seeking an exceptional Principal Finance Manager to lead a comprehensive transformation of our inventory financial management and optimization processes for the Devices & Services organization
- This role will partner closely with Devices FP&A, Accounting, Devices Operations & Stores Operations teams to drive financial excellence, establish robust controls, and optimize inventory performance across our global supply chain
- Lead a comprehensive transformation of inventory financial management and optimization processes in partnership with Devices FP&A, Accounting, and Operations
- Partner with Devices Product Line CFOs, Devices Ops and Stores Ops senior leaders to create inventory financial optimization goals and drive necessary execution across Device Global Logistics (DGL) and Reverse Logistics (RL) teams
- Take a holistic approach to inventory financial governance and stewardship, establishing performance KPIs and monthly inventory review mechanisms to drive organizational alignment and best practices Risk Management & Controls
- Partner with Devices FP&A and Accounting to address all control and risk management deficiencies that could have negative impact on D&S financial results
- Implement and maintain robust financial controls to ensure compliance and accuracy across inventory processes
- Identify potential financial risks and develop mitigation strategies Financial Operations & Reporting
- Oversee the monthly inventory-related P&L close process, including tracking and analyzing inventory adjustments and transfers
- Identify and resolve discrepancies, ensuring accurate financial reporting and operational processes
- Provide insights and recommendations to senior leadership on inventory financial performance
- You'll join the Devices OPD Finance team, working closely with Devices FP&A, Product Line CFOs, Accounting, Device Ops & Stores Ops leaders across DGL and RL. This role offers the opportunity to make a significant impact on the financial health and operational efficiency of our Devices & Services business
Our take
Amazon is the world's largest online retailer, and is well-known for its disruption of well-established industries. The company is present in numerous verticals, including cloud computing with Amazon Web Services, AI with its range of Alexa devices and a global marketplace more commonly referred to as 'the everything store'. Acquisitions include Ring, Twitch, Whole Foods Market, and IMDb.
More recently, Amazon has been focused on leading the "third wave in digital advertising". Many businesses are now shifting ad dollars to retailers, which before would have been spent with online media platforms. Amazon's seen great success in the space, with its revenue from advertising now higher than its Amazon Prime membership scheme, audiobooks and digital music combined. This growth is particularly impressive considering its digital ad rivals (like Snap, Alphabet, and Meta) have suffered declines due to wider macroeconomic factors and Apple's iOS privacy changes.
Despite its dominant market position, Amazon will continue to be challenged over the next decade, including sustaining AWS's cloud dominance in the face of Google and Microsoft. On top of this, the company's e-commerce division is facing profitability problems despite its 2023 post-IPO debt funding of 8 billion. It will need to find new ways to stay above their competitors.
Steph
Company Specialist at Welcome to the Jungle
Insights
16% employee growth in 12 months
Company
Company HQ
South Lake Union, Seattle, WA
Leadership
Jeff Bezos
(Founder & Executive Chairman)Jeff is an American business magnate, media proprietor, and investor. As well as founding Amazon, Jeff founded Blue Origin, an aerospace manufacturer and sub-orbital spaceflight services company and also owns The Washington Post.
Andy Jassy
(President & CEO)Joined Amazon as a Marketing Manager in 1997. Developed AWS with Jeff Bezos, and became CEO of Amazon in 2021.
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