FP&A Analyst

Marlborough, Massachusetts, United States

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.

• 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.

Role Summary

The FP&A Analyst will support the FP&A Manager / Lead Analyst in budgeting, forecasting, management reporting, and financial analysis for a strategic business unit / functional area. This role will help translate business strategies into financial plans, provide data-driven insights, and contribute to improving FP&A processes and tools.

Key Responsibilities

• Assist in preparing the annual budget and quarterly forecasts for the assigned business unit / functional area.
• Build and maintain supporting schedules for revenue, expenses, headcount, and capital spending.
• Help develop detailed sales projections and contribute to forecast P&L, balance sheet, and cash flow statements.
• Support month-end and quarter-end close activities from an FP&A perspective (e.g., accrual support, reclasses, variance analysis).
• Prepare and update monthly/quarterly management reporting packages, including P&L and KPI reports.
• Perform variance analysis versus budget/forecast and prior periods, highlighting key drivers and trends.
• Provide analytical support to the FP&A Manager / Lead Analyst and business unit leadership on ad hoc analyses.
• Work with Accounting and other teams to ensure data accuracy, consistency, and timely availability.
• Work closely with the Global Central FP&A team and the assigned business unit / functional area.
• Support the FP&A Manager / Lead Analyst in meetings with senior management by preparing materials and insights.
• Periodically assist with corporate consolidation and reporting tasks as part of the broader Global FP&A team.

Required

• 3–7 years of experience in FP&A, corporate finance, or other analytical finance roles.
• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Strong Excel skills; comfortable working with large data sets and building/maintaining financial models.
• Experience with budgeting, forecasting, and management reporting.
• Solid understanding of basic financial statements (P&L, balance sheet, cash flow).
• Proficiency with analytical and presentation tools (Excel, Power BI or similar, PowerPoint).
• Strong analytical, problem-solving, and attention-to-detail skills.
• Good communication skills; able to summarize data and analysis in a clear, business-oriented way.
• Demonstrated ability to work cross-functionally and support non-finance stakeholders.

Preferred

• Experience with MS Dynamics / Navision…