Lead FP&A Analyst

IPG Photonics • Marlborough, MA

45d

About The Position

IPG Photonics is revolutionizing the laser industry as the pioneering developer and leading producer of fiber lasers and amplifiers. Headquartered in Marlborough, MA, IPG has over 4,800 employees in more than 30 locations around the world. We aspire to work together with our employees and customers to apply light in ways that improve life. Our mission is to develop innovative laser solutions to make the world a better place. To accomplish this mission, we are committed to attracting and retaining the best talent and an engaged and thriving workforce that drives a sustainable future for our company and society. Working at IPG Photonics you can expect challenging projects, a motivating and friendly environment, and competitive benefits. IPG Photonics develops, manufactures and sells high-performance fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications, primarily in materials processing, medical and advanced applications. We are seeking a Financial Planning & Analysis (FP&A) analyst to play an integral role in enhancing IPG’s strategic financial partnership to the business.

Requirements

• 7-10 years of progressive experience in FP&A, corporate finance, or related analytical roles.
• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Strong financial modeling skills in Excel; comfortable with complex models and large data sets.
• Proven experience with budgeting, forecasting, and management reporting.
• Solid understanding of P&L, balance sheet, and cash flow dynamics.
• Advanced proficiency with analytical and presentation tools (Excel, Power BI, PowerPoint).
• Excellent analytical, problem-solving, and critical-thinking skills.
• Strong communication skills, with the ability to translate data into clear business insights and recommendations.
• Demonstrated experience partnering with non-finance stakeholders.

Nice To Haves

• Prior experience with MS Dynamics/Navision and/or Planful FP&A planning tool (or similar).
• CPA, CFA, or MBA is a plus.
• Experience managing or mentoring analysts is a plus.
• Experience with data management and business intelligence software, including Microsoft Navision, Host Analytics, Power BI, and SQL language highly desired
• Ability to learn, utilize, and teach others reporting tools

Responsibilities

• Reports directly to the Global Central FP&A team with a dotted-line responsibility to the assigned business unit/functional area.
• Lead the annual budgeting process, and quarterly forecasts for a strategic business unit / functional area. Key deliverables will be detailed sales projections and full forecast financial statements (P&L, balance sheet, and cash flow).
• Support month-end and quarter-end close from an FP&A perspective (accruals, reclasses, analytics).
• Prepare monthly/quarterly management reporting packages (P&L, KPIs, variance analysis). Analyze business performance versus budget/forecast and explain key variances and trends.
• Serve as the primary FP&A partner for business unit senior management.
• Present analyses and recommendations to senior leadership and cross-functional stakeholders.
• Support business cases for new initiatives, products, and capital projects, including ROI and payback analyses.
• Potentially manage and develop junior analysts (depending on team structure).
• As a key member of the Global FP&A team, periodically support corporate consolidation and reporting activities and recommend / implement improvements to forecasting processes and management reporting.

Benefits

• competitive benefits
• challenging projects
• a motivating and friendly environment
• High Visibility: Gain significant exposure to senior leadership and cross-functional teams, enhancing your professional network and career growth.
• Immediate Impact: Opportunity to make a tangible difference from day one, contributing to key financial decisions and strategic initiatives.
• Professional Development: Access to continuous learning and development programs to advance your skills and career.
• Innovative Environment: Work in a dynamic and forward-thinking organization that values creativity and innovation.
• Collaborative Culture: Be part of a supportive and collaborative team that encourages knowledge sharing and teamwork.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior