Financial Analyst for Commodities

2 weeks ago

Cupertino, California, United States Apple Full time
Overview

Position:
Become a vital part of Apple, a leading name in technology innovation.

Be a member of the Apple Finance team and contribute to a company celebrated for its exceptional range of products, such as Mac, iPhone, iPad, and Apple Watch.

At Apple, you will engage in a culture of excellence by collaborating with top-tier managers, all focused on a singular goal - developing groundbreaking products that captivate consumers.

Finance is about 'driving innovation'. We achieve this by recruiting talented individuals who embody integrity, accountability, collaboration, excellence, and a proactive mindset. If you resonate with our values and aspire to be part of something significant, we encourage you to reach out.
Role Description

The Worldwide Procurement Finance team delivers analytical insights for essential cost metrics, encompassing standard costs, projected costs, and actual costs for Apple.

This role, situated within the Worldwide Procurement division, reports directly to the Manager of Commodity Financial Management. The ability to operate independently while managing a variety of intricate and non-standard tasks is essential.
Key Responsibilities:
  • Preparation of crucial commodity forecasts utilized in monthly purchase price variance assessments and gross margin evaluations.
  • Providing support and direction to operational staff as challenges arise concerning supply chain or business processes.
  • Reconciling actual costs with projected costs for key commodities, conducting supply chain analysis to pinpoint significant cost change drivers.
  • Reconciliation and examination of Apple supply chain data against contract manufacturer and supplier data.
  • Preparation of quarter-end accounting entries necessary for accurately reflecting the costs of key commodities in financial statements.
  • Addressing other ad hoc requests related to supply chain business process improvements.

Minimum Qualifications:
  • 2 years of professional experience in Finance or a related field.
  • Bachelor's Degree in Finance or a related discipline.

Preferred Qualifications:
  • 3+ years of relevant finance/accounting experience.
  • Proficient in articulating complex analyses to a non-technical audience, with substantial experience presenting to leadership.
  • Capable of initiating, refining, and completing projects with minimal oversight.
  • Adept at managing large data sets and understanding the broader context.

Critical Thinking:
Ability to analyze numbers, trends, and data to derive new insights based on findings.
Effectively navigate ambiguity and uncertainty.

Compensation & Benefits:
At Apple, base pay is one component of our comprehensive compensation package and is determined within a range. This structure allows for growth as you advance within your role.

The base pay range for this position is between $107,300 and $161,300, with actual base pay dependent on your skills, qualifications, experience, and location.

Apple employees also have the opportunity to become shareholders through participation in Apple's discretionary employee stock programs.

Employees may be eligible for discretionary restricted stock unit awards and can purchase Apple stock at a discount through the Employee Stock Purchase Plan.


Additional Benefits:

Comprehensive medical and dental coverage, retirement benefits, a variety of discounted products and free services, and reimbursement for certain educational expenses related to career advancement at Apple.

This role may also qualify for discretionary bonuses or commission payments as well as relocation assistance. Learn more about Apple Benefits.

Note:

Apple’s benefits, compensation, and employee stock programs are subject to eligibility requirements and other terms of the applicable plan or program.


Diversity Commitment:

Apple is an equal opportunity employer dedicated to inclusion and diversity. We actively take steps 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.

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