Commodity Financial Analyst
Apple
Commodity Financial Analyst
Job Description
As a Commodity Finance Analyst, you will play a critical role in managing Apple's commodity costs, ensuring accurate financial reporting, and supporting strategic decision-making within the Worldwide Procurement Finance team. You will be responsible for forecasting commodity prices, analyzing variances, and collaborating with operations and supply chain teams to optimize costs and mitigate risks in a dynamic global market. Your insights will directly impact Apple's profitability and strategic sourcing decisions. The Worldwide Procurement Finance group is a critical function that provides analytical support for key cost data, including standard costs, forecasted costs, and actual costs for Apple's extensive range of commodities. As a Commodity Finance Analyst, you will report to the Manager of Commodity Financial Management and will be responsible for some specific commodities or categories. You will work with minimal direct supervision, performing a variety of complex and non-routine tasks that directly impact Apple's gross margin and profitability. This role offers the opportunity to work on challenging projects, collaborate with cross-functional teams, and contribute to Apple's continued success. Our team is highly collaborative and values innovation and continuous improvement.
Locations
- Cupertino, California, United States 95014
Salary
Estimated Salary Rangemedium confidence
25,000,000 - 45,000,000 INR / yearly
Source: ai estimated
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- financial reportingintermediate
- strategic decision-makingintermediate
- forecasting commodity pricesintermediate
- analyzing variancesintermediate
- collaborating with teamsintermediate
- optimizing costsintermediate
- mitigating risksintermediate
- analytical supportintermediate
- working with minimal supervisionintermediate
- performing complex tasksintermediate
- collaborating with cross-functional teamsintermediate
- innovationintermediate
- continuous improvementintermediate
Required Qualifications
- Bachelor’s degree in accounting, finance, or related field of study. (degree in accounting)
- 5+ years of related finance/accounting experience, ideally with a focus on commodity finance, supply chain finance, or cost accounting. (experience, 5 years)
- Proven knowledge of Excel. (experience)
Preferred Qualifications
- Excellent oral and written communication, interpersonal, and presentation skills. (experience)
- Strong analytical and problem-solving skills at both macro and micro levels. (experience)
- Experience with SAP or other ERP systems. (experience)
- Operations and Supply Chain Finance experience. (experience)
- Experience with data analysis and visualization tools (e.g., Tableau, Power BI). (experience)
- Experience in preparing key commodity forecasts used in monthly purchase price variance forecast and gross margin analysis. (experience)
- Experience in reconciliation and analysis of Apple supply chain data to contract manufacturer and supplier data. (experience)
Responsibilities
- The Worldwide Procurement Finance group is a critical function that provides analytical support for key cost data, including standard costs, forecasted costs, and actual costs for Apple's extensive range of commodities. As a Commodity Finance Analyst, you will report to the Manager of Commodity Financial Management and will be responsible for some specific commodities or categories. You will work with minimal direct supervision, performing a variety of complex and non-routine tasks that directly impact Apple's gross margin and profitability. This role offers the opportunity to work on challenging projects, collaborate with cross-functional teams, and contribute to Apple's continued success. Our team is highly collaborative and values innovation and continuous improvement.
- 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.
- Manage ad hoc requests related to the supply chain business process reengineering.
- Effectively handle ambiguity and uncertainty.
- Drive for excellence with detail orientation.
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Answer 10 quick questions to check your fit for Commodity Financial Analyst @ Apple.
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~2 Minutes
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Commodity Financial Analyst
Apple
Commodity Financial Analyst
Job Description
As a Commodity Finance Analyst, you will play a critical role in managing Apple's commodity costs, ensuring accurate financial reporting, and supporting strategic decision-making within the Worldwide Procurement Finance team. You will be responsible for forecasting commodity prices, analyzing variances, and collaborating with operations and supply chain teams to optimize costs and mitigate risks in a dynamic global market. Your insights will directly impact Apple's profitability and strategic sourcing decisions. The Worldwide Procurement Finance group is a critical function that provides analytical support for key cost data, including standard costs, forecasted costs, and actual costs for Apple's extensive range of commodities. As a Commodity Finance Analyst, you will report to the Manager of Commodity Financial Management and will be responsible for some specific commodities or categories. You will work with minimal direct supervision, performing a variety of complex and non-routine tasks that directly impact Apple's gross margin and profitability. This role offers the opportunity to work on challenging projects, collaborate with cross-functional teams, and contribute to Apple's continued success. Our team is highly collaborative and values innovation and continuous improvement.
Locations
- Cupertino, California, United States 95014
Salary
Estimated Salary Rangemedium confidence
25,000,000 - 45,000,000 INR / yearly
Source: ai estimated
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- financial reportingintermediate
- strategic decision-makingintermediate
- forecasting commodity pricesintermediate
- analyzing variancesintermediate
- collaborating with teamsintermediate
- optimizing costsintermediate
- mitigating risksintermediate
- analytical supportintermediate
- working with minimal supervisionintermediate
- performing complex tasksintermediate
- collaborating with cross-functional teamsintermediate
- innovationintermediate
- continuous improvementintermediate
Required Qualifications
- Bachelor’s degree in accounting, finance, or related field of study. (degree in accounting)
- 5+ years of related finance/accounting experience, ideally with a focus on commodity finance, supply chain finance, or cost accounting. (experience, 5 years)
- Proven knowledge of Excel. (experience)
Preferred Qualifications
- Excellent oral and written communication, interpersonal, and presentation skills. (experience)
- Strong analytical and problem-solving skills at both macro and micro levels. (experience)
- Experience with SAP or other ERP systems. (experience)
- Operations and Supply Chain Finance experience. (experience)
- Experience with data analysis and visualization tools (e.g., Tableau, Power BI). (experience)
- Experience in preparing key commodity forecasts used in monthly purchase price variance forecast and gross margin analysis. (experience)
- Experience in reconciliation and analysis of Apple supply chain data to contract manufacturer and supplier data. (experience)
Responsibilities
- The Worldwide Procurement Finance group is a critical function that provides analytical support for key cost data, including standard costs, forecasted costs, and actual costs for Apple's extensive range of commodities. As a Commodity Finance Analyst, you will report to the Manager of Commodity Financial Management and will be responsible for some specific commodities or categories. You will work with minimal direct supervision, performing a variety of complex and non-routine tasks that directly impact Apple's gross margin and profitability. This role offers the opportunity to work on challenging projects, collaborate with cross-functional teams, and contribute to Apple's continued success. Our team is highly collaborative and values innovation and continuous improvement.
- 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.
- Manage ad hoc requests related to the supply chain business process reengineering.
- Effectively handle ambiguity and uncertainty.
- Drive for excellence with detail orientation.
Tags & Categories
Answer 10 quick questions to check your fit for Commodity Financial Analyst @ Apple.
10 Questions
~2 Minutes
Instant Score
Related Books and Jobs