Financial Analyst, SharkNinja
Office located in Needham, MA
Home devices and appliances
Open for applications
Home devices and appliances
1001+ employees
Open for applications
Office located in Needham, MA
1001+ employees
Company mission
SharkNinja's mission is to positively impact people's lives every day in every home around the world.
Role
Who you are
- Bachelor’s degree required
- 1-3 years of experience in Finance or Accounting, preferably with a focus on product costing or financial analysis
- High attention to detail, strong organizational skills, and a proactive approach to process improvement
- Strong proficiency in Microsoft Excel and financial modeling
- Ability to work with large and complex datasets, translating them into actionable insights
- Effective communication & interpersonal skills, demonstrated ability to partner cross-functionally
- Experience with DOMO is a plus
What the job involves
- The Financial Analyst (FP&A) role is a key position responsible for managing and analyzing product costing across the business globally
- Reporting to the Sr. Manager of FP&A, this position requires a keen eye for detail and a collaborative approach to deliver accurate and actionable cost analytics in a fast-paced, high-growth environment
- Serve as a key member of the Global Product FP&A team
- Take full ownership of product costing, partnering with local and global teams to ensure transparency and accuracy in reporting
- Perform detailed month-end variance analysis, including purchase price variances and inventory analysis
- Support cost forecasting and track cost reduction initiatives
- Maintain and update landed cost assumptions, starting from product cost and layering in warehousing, amortization, overhead, royalties, freight, duties, and other relevant cost elements
- Analyze key product cost drivers, including material changes, FX fluctuations, engineering enhancements, and supplier negotiations, identifying trends and opportunities
- Conduct FX impact analyses and sensitivity assessments to inform risk management
- Actively drive process improvements and system enhancements in product costing, developing standardized reporting templates and automation to support rapid growth and complex environments
- Provide ad hoc financial analysis and support for special projects as needed
Our take
Consumer demand for new and better home appliances continues to grow. SharkNinja serves this demand by designing and manufacturing innovative home goods and devices. Specifically, it has a growing line of solutions that consist of Shark cleaning and home care products and Ninja kitchen appliances.
SharkNinja has been in operation since 1994, which is testament to the quality and popularity of its products. Since its initial launch in Canada, the company has expanded into the US and the UK. In 2017 SharkNinja was bought by CDH Private Equity for over $1.5 Billion, further proof of its impressive market value. Perhaps more evidence is that it brings in annual revenues of around $4B.
SharkNinja’s main challenge is facing down big-name competitors such as home appliance giant Dyson. In fact, through innovative design, it seized the market-leading spot in traditional vacuums from Dyson and is only second to iRobot in sales of robotic models. A 2023 IPO saw an extra $296 million in funding added to SharkNinja's pot and was followed by product launches in new sectors such as air conditioning and food cooling, indicating that the company is still full of new product ideas.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
10% employee growth in 12 months
Company
Company benefits
- Employer paid group benefits including medical, dental, life insurance and more
- Competitive RRSP matching program
- 16 vacation days to start
- Paid sick days
- Paid volunteer and cultural days
- Employee & Family Assistance program
- An opportunity to accelerate your career with world class brands
- Continuous development and mentoring
- Opportunity to join various employee-based affinity groups
- Diverse, inclusive, and community-minded organization
- Wellness program offering free virtual fitness classes and a fitness reimbursement
- Employee product discounts
Company values
- Never be afraid to dream big
- Relentlessly innovate
- Obsess about customer satisfaction
- Build people up
- Seize opportunities - individually and collectively
Company HQ
Needham Heights, Needham, MA
Articles
Leadership
Mark Rosenzweig
(Founder)Founded SharkNinja in 1994. Has won three Red Dot Awards for product Design.
Salary benchmarks
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Diversity, Equity & Inclusion at SharkNinja
- At SharkNinja, Diversity, Equity, and Inclusion is vital to our global success. Valuing each unique voice and blending all of our diverse skills strengthens SharkNinja’s innovation every day. We support ALL associates in bringing their authentic selves to work, making an impact, and having the opportunity for career acceleration. With help from our leadership, associates, and our community, we aim to have equity be a key component of the SharkNinja DNA. Your role in Diversifying SharkNinja:
- As a corporate citizen, learn and support SharkNinja’s Diversity, Equity & Inclusion strategy
- Demonstrate a commitment to diversity, equity, and inclusion through continuous development, modeling inclusive behaviors, and proactively managing bias
- Explore SharkNinja’s DEI Groups or volunteer to serve on committees that organize diversity-related events and activities
- Participate in employee engagement surveys and respond as openly and honestly as possible
- Become culturally competent; take the time to learn about different cultures, races, religions, and backgrounds represented by your colleagues
- Ensure equitable experiences, strengthen inclusion acumen, and promote a culture of inclusivity and belonging that embraces the contributions of all team members
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