The Senior Financial Analyst will oversee the budgeting and analysis for their assigned brand(s). This includes taking ownership of the process and providing commentary to explain variances. The Senior Financial Analyst will also be expected to support the weekly reporting and monthly projection process. They will be responsible for reporting results and preparing budgets and projections for Gross Demand through Commercial Margin in a timely and accurate manner.
PRIMARY RESPONSIBILITIES:
Review, develop and analyze information to assess the current and future financial status for assigned brand
Prepare and analyze budgets, projections and actual results through profit and loss
Analyze data and summarize risks/opportunities of key merchandise assortment metrics
Provide detailed analysis by item, category and margin including discount forecasting and budgeting
Report actual results, budget and projection for Balance Sheet and Cash Flow including payables, inventory, paper, catalog costs, and free gifts
Cost accounting for breakeven catalog analysis and profit and loss statements by catalog used by brand and database marketing
Investigate variances and provide explanations for profit and loss statement line items
Perform month-end close duties with proper accrual accounting and preparation of journal entries for the General Ledger, as well as monthly balance sheet account reconciliations
Cost accounting for profit and loss statements by merchandise departments
Provide account reconciliations and analysis for commercial investment related accounts
Special projects and analysis as required by the needs of the business
MINIMUM QUALIFICATIONS:
Bachelor’s degree in Accounting or Finance
3+ years financial analysis experience
Advanced Microsoft Excel skills
Prior experience with major financial reporting systems such as Oracle, SAP, etc.
Must have the ability to create reports from independent data sources accurately and efficiently provide explanations for variances
Excellent written and verbal communication skills
Highly self-motivated
Ability to work independently or cohesively with teams and all levels within the organization and strong interpersonal skills
Must have exceptional analytical and problem-solving skills
Must be able to work effectively in a fast paced environment and meet challenging deadlines
Demonstrated ability to identify key business drivers of financial variances
PREFERRED QUALIFICATIONS:
Advanced degree in finance, accounting, or business
