FP&A Manager

Cree LED offers one of the industry’s broadest portfolios of optimized LED chips and components, leading the industry in performance and reliability. With more than 35 years of innovation, our strong IP portfolio and unique business model ensures supply chain continuity. We deliver best-in-class technology and breakthrough solutions for focused applications in high-power and mid-power general lighting, horticulture, specialty lighting and video screens. For more information, visit www.creeled.com. Cree LED is a Penguin Solutions Company.

Overview

As the FP&A Manager, you will be a key player in our financial organization, providing the insights and analysis that drive our strategic decisions. This isn't just about crunching numbers; you will be a crucial business partner, responsible for the financial stewardship of our R&D and SG&A departments. You will lead our annual budgeting and monthly forecasting processes, and your work will be highly visible to senior leadership. If you are a forward-thinking finance professional eager to make an impact in a fast-paced environment, this is the role for you.

Responsibilities

• Support the company’s financial planning by leading the annual budgeting and monthly forecasting processes, ensuring alignment with our strategic goals.
• Partner with R&D and SG&A stakeholders to track expenses, analyze variances, and provide financial insights.
• Lead the comprehensive headcount and capital expenditure planning processes, ensuring alignment with business strategy and financial targets to optimize resource allocation.
• Prepare and maintain a comprehensive financial reporting package to senior leadership, providing clear, actionable insights into business performance, trends, and variances.
• Build and update financial models to support long-term strategic planning and critical business decisions.
• Assist in the month-end close process by managing occasional accrual and allocation journal entries with precision and timeliness.
• Identify opportunities for process improvements and support implementation efforts to boost the efficiency and accuracy of our finance function.

Qualifications

Required Skills & Experience:

• A Bachelor’s degree in Finance, Accounting, or a related field.
• 3-5 years of progressive experience in a finance or accounting role.
• Working knowledge of GAAP and financial reporting principles.
• Proven ability to quickly learn and operate effectively within multiple financial systems and reporting environments.
• Exceptional analytical and problem-solving skills, with a keen attention to detail.
• Advanced proficiency in Microsoft Excel.

Preferred Qualifications:

• Experience in the manufacturing industry.
• Hands-on experience with SAP, SAP Analytics Cloud (SAC), and/or SAP BPC.
• An MBA or CPA is a strong plus.

Location

• Durham, NC

Travel

• None

Compensation & Benefits

The base pay range that the Company reasonably expects to pay for this position in North Carolina is $89,000 - $111,000; the pay ultimately offered may vary based on business considerations, including job-related knowledge, skills, experience, and education. The position is bonus-eligible, and there are medical, dental, and vision benefits available. There is a 401k saving plan and other benefits, such as Paid Time Off, Life Insurance, and an Employee Assistance Plan.   

Inclusion and Belonging Statement

We are committed to creating an inclusive environment that embraces differences and fosters belonging for all.

Equal Opportunity Statement

We are an Affirmative Action/Equal Opportunity Employer and strongly committed to all policies which will afford equal opportunity employment to all qualified persons without regard to age, national origin, race, ethnicity, creed, gender, disability, veteran status, or any other characteristic protected by law.