Senior Financial Analyst - SG&A

Company Overview

Sleep Number is a sleep wellness technology leader. For nearly four decades, we have placed sleep at the center of wellbeing, improving over 15 million lives with our Sleep Number smart beds. We are guided by our purpose – to improve the health and wellbeing of society through higher quality sleep. This is exemplified through our 4,000+ mission-driven team members who passionately innovate to drive value creation through our vertically integrated business model, owning the process from start to finish, including selling in our over 650 stores nationwide.

Our team members are encouraged to bring their whole selves to work, sharing their unique perspectives, backgrounds and skills with Sleep Number every day. Whether you are entering, returning or experienced in the workforce, we have a place for you. We hope you join us in creating the future through higher quality sleep.

Position Purpose

As part of the Consolidation SG&A Finance team at Sleep Number, the Senior Financial Analyst supporting Selling Expense and Research & Development plays a critical role in managing the financials Sleep Number’s fleet of stores.  This role provides financial insights and strategic support to business leaders within Sales Operations while working collaboratively with other finance professionals within the corporate Finance team. This position is responsible for financial modeling, analyzing financial and operational results, preparing forecasts, and supporting the budgeting process to drive informed decision-making and optimizing financial performance.  Specific areas of focus include labor expense management and occupancy management and accounting.

The ideal candidate for this role is curious in nature as well as a nimble learner.  In addition, the ideal candidate demonstrates resilient behavior in challenging business cycle through creative problem solving.

Primary Responsibilities

Financial Modeling & Analysis (40%)

• Analyze monthly, quarterly, and annual financial results; identify trends, risks, and opportunities
• Develop, maintain, and enhance detailed financial models for business units and corporate initiatives
• Perform ad hoc financial analyses to evaluate business scenarios and support business cases

Budgeting and Forecasting (20%)

• Collaborate with business partners to ensure forecast accuracy and alignment with company goals
• Support the development of the annual budget and long-range financial plans for assigned business partners
• Assist in preparing and updating rolling forecasts based on actual performance and business trends

Process Improvement (20%)

• Recommend improvements to financial planning processes and reporting workflows
• Work in partnership with Finance colleagues to consolidate financial information
• Contribute to the enhancement of financial systems and planning tools
• Support automation and standardization initiatives to improve efficiency

Business Partnering (10%)

• Partner with business leaders to provide actionable insights to support strategic decisions
• Monitor key performance indicators (KPIs) and assess business performance against targets

Reporting (10%)

• Prepare and present financial reports, dashboards, and analysis for senior management

Position Requirements

• Bachelor’s Degree in Finance, Accounting, Economics, or equivalent work experience required
• 3+ years of related Finance experience required
• Strong analytical and problem-solving abilities required including the ability to convert complex financial results into recommendations for business leaders
• Solid grasp of operational drivers that impact financial performance required such as Average Hourly Rate and store occupancy
• Effective communication and presentation skills, with the ability to convey financial insights to non-financial stakeholders required
• Strong understanding of budgeting, forecasting, variance analysis, ROI, and profitability analysis required
• Proficient in building, maintaining, and interpreting complex financial models required
• Advanced Excel skills and comfort working with large datasets required
• Experience with financial planning systems such as Hyperion, Oracle, Adaptive Insights, or similar tools preferred
• Familiarity with ERP systems and financial reporting tools required

Working Conditions and Schedule

• Hybrid schedule: three days in the office, two days remote
• Standard business hours, Monday-Friday, with occasional evening or weekend support as needed
• This role does not have a travel expectation
• #PIQ

Salary Pay Range: $82,700.00 -$110,300.00

Wellbeing

Wellbeing is more than a catchphrase - it's a movement that permeates our company and through our team members. We are dedicated to enhancing and supporting the wellbeing of our team members and their families through benefits, programs, and resources across our five wellbeing pillars of emotional, financial, career, community, and physical health, with sleep at the center.

By joining our team, in addition to offering competitive pay programs, we are proud to offer eligible team members an extensive benefits package including, but not limited to medical and pharmacy benefits, dental, life and disability insurance, a matched 401(k) Plan, paid time off, and much more.

Safety

Safety is a top priority for Sleep Number supporting customers and team members wellbeing. We are committed to maintaining a safe and healthy work environment for all team members that are consistent with CDC guidelines, U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), and state/local laws.

Eeo Statement

Sleep Number is an equal opportunity employer. We are committed to recruiting, hiring and promoting qualified people and prohibit discrimination based on race, color, marital status, religion, sex (including gender, gender identity, gender expression, transgender status, pregnancy, childbirth, and medical conditions related to pregnancy or childbirth), sexual orientation, age, national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed servicemember status or any other status protected by federal, state, or local law.

Americans with Disabilities Act (ADA)

It is Sleep Number’s policy to provide reasonable accommodations to qualified individuals with disabilities during the application process, consistent with applicable law. We may require supporting medical or religious documentation where applicable and permissible by law. If you are a qualified individual, you may request a reasonable accommodation at any time during the selection process, including if you are unable or otherwise limited in your ability to access open roles here.