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.

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.

Ensure you read the information regarding this opportunity thoroughly before making an application.

$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

Application Deadline

10 / 18 / 2024

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