Manager of Finance COGS

About Lumen

Lumen connects the world. We are igniting business growth by connecting people, data and applications - quickly, securely, and effortlessly.

Together, we are building a culture and company from the people up - committed to teamwork, trust and transparency. People power progress.

Lumen's commitment to workplace inclusion and employee support shines bright. We've made the Newsweek 2024 Greatest Workplaces for Diversity list and achieved a perfect score of 100 on the Human Rights Campaign Corporate Equality Index (CEI) for the fifth consecutive year.

Plus, we're the top employer in the communications and telecom industry, ranking 12th overall across all industries in The American Opportunity Index.

We're looking for top-tier talent and offer the flexibility you need to thrive and deliver lasting impact. Join us as we digitally connect the world and shape the future.

Legal Statement

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The Role

The Manager of Finance within Cost of Goods Sold (COGS) will play a pivotal role in managing and optimizing Lumen's COGS framework, working closely with various departments to drive cost-saving strategies and enhance reporting accuracy.

This role is responsible for leading and developing a team to meet business priorities while overseeing the key aspects of cost analysis and reporting.

Location

This role has been designated as fully remote, US with a preference for applicants from the Denver metro area.

The Main Responsibilities

Team Management and Development : Lead and manage a COGS finance team, providing mentorship and development opportunities to enhance team capabilities.

Set clear priorities and goals aligned with the organization's overall strategy.

• COGS Expense Management : Manage and control both direct and indirect COGS expenses to ensure alignment with financial targets.
• Fixed vs. Variable Cost Analysis : Distinguish between fixed and variable costs to provide actionable insights and support cost-saving initiatives.
• Collaboration with Stakeholders : Partner with teams from product, engineering, sales, FP&A, and business operations to build an effective mechanism for managing COGS.

Drive cross-functional efforts to redesign, streamline, and automate processes.

• Financial Insights : Deep dive into COGS data to provide actionable financial insights, focusing on core drivers of gross margin at the product level.
• Process Improvement & Automation : Drive continuous improvements in processes, leveraging automation to streamline reconciliation, accruals, and data analysis.
• Accurate Reporting & Forecasting : Collaborate with accounting on cost allocation, expense recognition, and accruals while maintaining system-integrated workpapers for accurate monthly and quarterly financial reports.
• System & Process Transformation : Spearhead projects aimed at system conversions and process improvements, ensuring alignment with evolving business requirements.
• Data Management Expertise : Ensure excellent data management practices by maintaining, organizing, and analyzing large datasets to drive meaningful insights.

Develop strategies for accurate and efficient data flow across functions, enabling real-time financial visibility.

What We Look For in a Candidate

• Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
• 6-8 years of experience in financial planning and analysis, with a focus on COGS management.
• Proven experience in managing and developing finance teams.
• Strong collaboration skills with the ability to manage cross-functional teams.
• Excellent data management experience, with proficiency in organizing, analyzing, and automating large datasets.
• Expertise in financial modeling, forecasting, and analysis tools.
• Advanced Excel skills; experience with financial software and ERP systems (SAP preferred).
• Power BI or Tableau experience is preferred.
• Experience with system conversion and process automation.
• Ability to communicate financial insights clearly at all levels of the organization.
• Strong problem-solving skills and comfort working in ambiguous environments.

Compensation

The starting salary for this role differs based on the employee's primary work location. Employees typically do not start at the top of the range, though compensation depends on each individual's qualifications.

Location Based Pay Ranges

$94420 - $125890 in these states : AR, ID, KY, LA, ME, MS, NE, SC, and SD.

$99390 - $132510 in these states : AZ, AL, FL, GA, IN, IA, KS, MO, MT, NM, ND, OH, OK, PA, TN, UT, VT, WV, WI, and WY.

$104360 - $139140 in these states : CO, HI, MI, MN, NV, NH, NC, OR, and RI.

$109330 - $145770 in these states : AK, CA, CT, DE, DC, IL, MD, MA, NJ, NY, TX, VA, and WA.

As with the pay range variety that's based on the region of a country, specific offers are determined by various factors such as experience, education, skills, certifications and other business needs.

What to Expect Next

Based on your job application information you may be given the opportunity to complete a video interview immediately after applying.

This will include a set of questions for you to record a response to in addition to Game Challenges. Completion of this video interview is a requirement in order to be considered for our open position.

Now not a good time? No worries, we will also send you an email with a link to complete the video interview. We strongly recommend that you complete this within 5 days of your application date.

Requisition # : 335221

Background Screening

If you are selected for a position, there will be a background screen, which may include checks for criminal records and / or motor vehicle reports and / or drug screening, depending on the position requirements.

For more information on these checks, please refer to the Post Offer section of our FAQ page . Job-related concerns identified during the background screening may disqualify you from the new position or your current role.

Background results will be evaluated on a case-by-case basis.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Equal Employment Opportunities

We are committed to providing equal employment opportunities to all persons regardless of race, color, ancestry, citizenship, national origin, religion, veteran status, disability, genetic characteristic or information, age, gender, sexual orientation, gender identity, gender expression, marital status, family status, pregnancy, or other legally protected status (collectively, "protected statuses").

We do not tolerate unlawful discrimination in any employment decisions, including recruiting, hiring, compensation, promotion, benefits, discipline, termination, job assignments or training.

Disclaimer

The job responsibilities described above indicate the general nature and level of work performed by employees within this classification.

It is not intended to include a comprehensive inventory of all duties and responsibilities for this job. Job duties and responsibilities are subject to change based on evolving business needs and conditions.

Salary Range

Salary Min : 94420

94420

Salary Max : 145770

145770

This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location.

Individual pay is based on skills, experience and other relevant factors.

This position is eligible for either short-term incentives or sales compensation. Director and VP positions also are eligible for long-term incentive.

To learn more about our bonus structure, you can view additional information here. We're able to answer any additional questions you may have as you move through the selection process.

As part of our comprehensive benefits package, Lumen offers a broad range of Health, Life, Voluntary Lifestyle and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing.

You can learn more by clicking here.

Please be advised that Lumen does not require any form of payment from job applicants during the recruitment process. All legitimate job openings will be posted on our official website or communicated through official company email addresses.

If you encounter any job offers that request payment in exchange for employment at Lumen, they are not for employment with us, but may relate to another company with a similar name.

Note : For union-represented postings, wage rates and ranges are governed by applicable collective bargaining agreement provisions.

Application Deadline

10 / 18 / 2024