Note: The job is a remote job and is open to candidates in USA. iFIT is building the world’s most holistic health and fitness platform with software that learns each user, hardware that performs under pressure, and a supply chain that has to deliver on both promises. They are seeking a high-caliber finance leader to join their team as Director, FP&A – Product & Ops, responsible for shaping the financial strategy and managing COGS architecture, R&D capitalization strategy, and logistics economics.
Responsibilities
- Establish a master COGS architecture — including BOM-level engineering change tracking and cost savings initiatives — that becomes the definitive financial source of truth for all hardware cost performance decisions
- Own and complete the reforecast streamlining initiative, delivering a fully operational rolling 12-month model across the business by December 2026
- Build an enterprise-grade labor allocation framework for hardware and software engineering, with spend tracked by major program and reported to executive leadership on a recurring cadence
- Establish a financial due diligence standard for all new hardware and software product launches that governs Go/No-Go decisions with rigor and consistency
- Serve as the senior financial authority and strategic partner to Hardware Engineering, Software Product, and Operations leadership — driving product roadmap ROI accountability and enforcing financial discipline on project spend
- Lead Go/No-Go financial analysis for new hardware and software launches, synthesizing BOM economics, capitalization strategy, logistics costs, and long-term margin impact into clear executive-ready recommendations
- Direct the company’s R&D capitalization strategy for software — setting policy, managing schedules, and ensuring every dollar of investment is aligned with long-term corporate goals and generates defensible ROI
- Own the full financial architecture for global logistics, warehousing, and last-mile delivery, partnering with operations leadership to protect and expand contribution margins across all channels
- Leverage Snowflake datasets to lead at least two major margin improvement initiatives per month, spanning shipping lane optimization, strategic component sourcing, carrier mix analysis, and manufacturing yield economics
- Partner with Customer Service and Manufacturing/Quality to translate warranty data into hardware reliability trends that directly inform future product design and reduce warranty cost exposure
- Lead the transformation of Product and Operations budgeting to a dynamic 12-month rolling forecast inside Adaptive Planning, building driver-based models that reflect how the business actually operates
- Deliver variance analysis and financial storytelling that is precise, actionable, and calibrated for engineers, operators, and the executive team; knowing which audience needs what level of detail
- Develop and maintain a deep understanding of the full hardware product development lifecycle from engineering design and component sourcing through contract manufacturing, certification, and market launch and the financial levers at each stage
- Serve as a subject-matter authority on how software product development cycles (roadmap planning, sprint economics, capitalization cutoffs, release milestones) translate into financial outcomes, and build models that reflect that complexity
- Lead, coach, and set the performance standard for one Senior Financial Analyst, building their analytical instincts and creating scalable frameworks and tooling they can operate independently
Skills
- Bachelor's degree in Finance, Accounting, or Engineering with a financial emphasis
- 7–10 years of progressive FP&A experience, with substantial, demonstrable time supporting Hardware Engineering, Manufacturing, or Supply Chain environments in a lead finance capacity
- Deep, hands-on command of hardware COGS and inventory accounting — including BOM analysis, cost variance investigation, and cost savings tracking — as well as R&D capitalization and SaaS/connected device metrics for software
- Demonstrated experience supporting complex, multi-phase hardware product development cycles from concept through launch, including the ability to model milestone-based spend, tooling amortization, and NPI cost structures
- Demonstrated experience supporting software product development teams across full roadmap cycles, including capitalization policy management, sprint-to-quarter reconciliation, and feature-level ROI analysis
- Expert-level Excel proficiency including complex nested logic, Power Query, and building models that others can maintain and scale
- Solid command of GAAP/IFRS financial statements, with the ability to communicate accounting implications to non-finance stakeholders
- Executive presence and communication skills sufficient to operate as a credible, trusted peer to engineering and operations VPs
- Authorized to work in the United States without sponsorship
- MBA
- Adaptive Planning proficiency with experience building enterprise models, not just running existing reports
- Tableau or equivalent BI dashboard experience drawing from Snowflake data sources
- SQL proficiency sufficient to independently pull and validate your own datasets
- Experience at a connected hardware/software company (consumer electronics, fitness technology, IoT, or similar) where both physical product and platform economics are material
Company Overview
IFIT is a global subscription technology company that provides interactive personal training. It was founded in 1977, and is headquartered in Logan, Utah, USA, with a workforce of 1001-5000 employees. Its website is http://www.ifit.com.