Note: The job is a remote job and is open to candidates in USA. iFIT is creating the world's most holistic health and fitness platform, integrating various elements of health into a seamless experience. They are seeking a Director of FP&A – Product & Ops who will oversee financial strategies related to hardware engineering and software product development, ensuring financial discipline and accountability across projects.
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.