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Commodity Financial Analyst

Apple

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IT, Accounting & Finance

Cupertino, CA, USA

Posted on Thursday, June 6, 2024

Summary

Posted: Jun 5, 2024

Weekly Hours: 40

Role Number:200554198

Team up with Apple, one of the most influential technology leaders in the industry. Join the Apple Finance organization and make a positive impact on a company that is known for its impressive lineup of products, including Mac, iPhone, iPad, and Apple Watch. At Apple, you’ll share in a commitment to perfection by working with world-class managers, all with one unified vision – creating innovative products that delight customers. Finance is about “fueling innovation”. We do this by hiring quality individuals with integrity, personal accountability, partnership, excellence, and can-do thinking. If you exemplify our values and want to be part of something big, contact us today.

Description

The Worldwide Procurement Finance group creates and provides analytical support for critical cost data, including standard costs, forecasted costs, and actual costs for Apple. Within the Worldwide Procurement group, this position reports to the Manager of Commodity Financial Management. RESPONSIBILITIES INCLUDE: - Preparation of key commodity forecasts used in monthly purchase price variance forecast and gross margin analysis - Provide support and guidance to operations personnel as issues arise related to the supply chain or business processes - Reconciliation of actual costs to forecasted costs for key commodities supply chain analysis for key commodities to identify major drivers in cost changes for key commodities - Reconciliation and analysis of Apple supply chain data to contract manufacturer and supplier data - Preparation of quarter end accounting entries necessary for accurately representing the cost of key commodities in the financial statements

Minimum Qualifications

2 years of finance experience, or related forecast/planning experience
BS/BA Accounting, Finance, or a related field

Key Qualifications

Preferred Qualifications

3+ years related finance/accounting experience
Capable of clearly communicating complex analyses to a non-technical audience, including extensive experience presenting to leadership groups
Ability to initiate, refine, and complete projects with minimal guidance
Ability to work with large amounts of data and see the ‘bigger picture’
Critical thinking: able to look at numbers, trends, and data and come to new conclusions based on the findings
Ability to work with minimal direct supervision while performing a variety of complex and non-routine tasks.
Effectively handle ambiguity and uncertainty

Education & Experience

Additional Requirements

Pay & Benefits

At Apple, base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay range for this role is between $105,200 and $158,100, and your base pay will depend on your skills, qualifications, experience, and location.

Apple employees also have the opportunity to become an Apple shareholder through participation in Apple’s discretionary employee stock programs. Apple employees are eligible for discretionary restricted stock unit awards, and can purchase Apple stock at a discount if voluntarily participating in Apple’s Employee Stock Purchase Plan. You’ll also receive benefits including: Comprehensive medical and dental coverage, retirement benefits, a range of discounted products and free services, and for formal education related to advancing your career at Apple, reimbursement for certain educational expenses — including tuition. Additionally, this role might be eligible for discretionary bonuses or commission payments as well as relocation. Learn more about Apple Benefits.

Note: Apple benefit, compensation and employee stock programs are subject to eligibility requirements and other terms of the applicable plan or program.

Apple is an equal opportunity employer that is committed to inclusion and diversity. We take affirmative action to ensure equal opportunity for all applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about your EEO rights as an applicant.