Sr. Manager, FP&A
Date: May 17, 2023
Location: Remote, US
Company: Under Armour
Under Armour has one mission: to make you better. We have a commitment to innovation that lies at the heart of everything we do, not just for our athletes but also for our teammates. As a global organization, our teams around the world push boundaries and think beyond what is expected. Together our teammates are unified by our values and are grounded in our vision to inspire you with performance solutions you never knew you needed but can’t imagine living without.
Under Armour’s vision is to be the #1 Performance Athletic Brand in the world. To help achieve this goal, we are building a world-class Financial Planning & Analysis team whose focus will be developing core competencies in the areas of FP&A, Decision Support, and Strategy Execution. The Sr. Manager FP&A – Margins will transform how Under Armour operates by embedding data and analytical insights into our core work processes to provide key insights and reporting that will influence the strategic decisions related to Gross Margin.
Essential Duties & Responsibilities
Lead and communicate product margin growth strategy across Global and Regions to achieve UA profitability targets
Own seasonal Product Margin reporting based on inputs from UA sourcing partners and Regional forecasts; Complicated and highly visible process and reporting; Cross-functional work with Sourcing, Development Op’s, Global Product/Merch, & FP&ACreation of toolkits for Sourcing & Regional partners to support each seasonal Product Margin report
Drive quarterly Product Margin bottoms up forecasting for Regional FP&A teams
Partner on automation efforts for product margin forecasts within Finance tools
Own margin reporting automation efforts including (but not limited to) knowing UA systems of record, supporting IT development of complex formulas, and testing of reports
Lead development of annual long range margin targets for Global business; cross-functional process work with ELT, Merch/Planning, Sourcing, and Product leaders
Support product sustainability workstreams and impact to product margin targets/results
Own Gross Margin Improvement Committee along with other Executive communications on product margin
Collaborate with Corporate Finance team to explain quarterly/yearly Gross Margin movements to critical stakeholders (i.e. CFO/COO, Board of Directors, Investors)
Work cross functionally with Regional Finance, Product, Merchandising, and Planning teams to share findings and provide key strategic recommendations that drive business decisions.
Lead one Financial Analyst
Manage all reporting and analytics for FP&A Margin team
Qualifications (Knowledge, Skills & Abilities)
Experience in revenue generation, pricing, costing preferred
Technical experience preferred with:
Visualization (one or multiple): Tableau, Spotfire, Lumira, DB3/JS
Databases (one or multiple): Access, Snowflake, SQL, Oracle, Hadoop, etc.
Reporting tools (one or multiple): SAP Business Objects, Oracle NetSuite, IBM Cognos, PowerBI etc.
Ability to get results in ambiguous/ever changing environment.
Team player with demonstrated ability to lead and influence others inside and outside of their direct-reporting lines.
Strategic thinker with excellent analytical, critical thinking, problem-solving, interpersonal, and relationship building skills.
Ability to communicate effectively at all levels across geographic regions and articulate ideas, financial results, and actionable recommendations.
Education And / Or Experience
Bachelors in a business or quantitative degree (Finance, Accounting, Statistics, Operation Research, Systems Engineering, Decisions Sciences, Applied Math, Economics etc.)
5+ years of analytic experience working in FP&A, Accounting, or Business Analytics
Location: This individual must reside within commuting distance from our global headquarters in Baltimore, MD
Work-Life Integration (WLI) Designation: Three (3) days a week in-office, the remainder of work week remote at home
Relocation & Salary
No relocation provided
Base salary range: $133,892 - $184,101 USD
Most new hires fall within this range and have the opportunity to earn more over time. Initial placement within the salary range, however, is based on an individual’s relevant knowledge, skills and experience for the position. UA is committed to helping our teammates succeed and advance in their careers. Base salary is only one component of our competitive Total Rewards package.
At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.