Principal Financial Analyst

VSP Vision Care•Town of Dryden, NY

1d•$105,000 - $165,375•Hybrid

About The Position

The Principal Financial Analyst is responsible for supporting LOB functions, including business planning and navigation, forecasting, budgeting, and financial and market analysis. They will work with LOB presidents/leaders and senior financial leaders on developing financial strategies, management reporting, and analytics. Act as a key point of contact for LOB with all Finance teams, ensuring timely and accurate completion of finance functions. Produce actionable management information and analysis, issuing periodic financial and operating reports, interpreting operating results, and ensuring specificity in accordance with appropriate accounting standards. Manage the preparation of financial forecasts, including projected revenue, expenses, net income, cash and borrowing. Recommend benchmarks for measuring the financial and operating performance of locations and departments. Build financial business plans and define ways to identify financial opportunities and gaps. Prepare financial analysis of Company corporate and by business segment. Monitor and analyze monthly operating results against budget. Develop and lead the preparation of finance committee financial packets, financial reviews, and annual/5 year plan reviews. Manage the annual planning/budgeting process including top-down target setting, long-range planning that aligns with and integrates the strategic business plans. Identify and ensure implementation of financial improvements to achieve revenue and profit targets. Recommend proper allocation of assets and resources to maximize productivity and profitability, and provide valuable analysis and insight to guide decision making that supports the Company’s key objectives. Collaborate with business leaders on evaluating existing financial systems and current processes, and recommending modifications and implementation of systems and processes more advantageous to the Company’s strategic financial goals. Mentor other Individual contributors on the team. Prepare reports that outline the company's financial position in the areas of income, expenses, and earnings to assist in financial decision-making. Participate in a wide variety of special projects at Corporate or LOB level, as needed. Coordinate with other units/departments to facilitate special requests, resolve workflow or production issues.

Requirements

Bachelor’s degree in Accounting or Finance or equivalent experience
8+ years related financial analysis experience
Strong organizational skills, accuracy, and attention to detail
Skilled at working with cross-functional groups while promoting collaboration and excellence
Strong negotiation, consensus-building, and problem-solving skills
The ability to lead the efforts needed to identify and resolve complex technical accounting matters in a timely manner
Strong business aptitude, analytical, and problem-solving skills
Ability to regularly exercise discretion and independent judgment in the performance of job duties
Proven ability to navigate complex situations through the organizational landscape and with multiple stakeholders
The ability to effectively instruct others on technical models and concepts
Strong organizational skills and ability to multi-task and manage priorities
Strong Excel experience
Clean credit history as reported by credit report
For roles that are remote (i.e., Work From Home (WFM)) or hybrid (i.e., partial onsite at a VSP location and WFM), must demonstrate a high level of engagement in virtual environments, including maintaining camera presence during meetings to support effective communication and team alignment

Responsibilities

Support LOB functions, including business planning and navigation, forecasting, budgeting, and financial and market analysis.
Work with LOB presidents/leaders and senior financial leaders on developing financial strategies, management reporting, and analytics.
Act as a key point of contact for LOB with all Finance teams, ensuring timely and accurate completion of finance functions.
Produce actionable management information and analysis, issuing periodic financial and operating reports, interpreting operating results, and ensuring specificity in accordance with appropriate accounting standards.
Manage the preparation of financial forecasts, including projected revenue, expenses, net income, cash and borrowing.
Recommend benchmarks for measuring the financial and operating performance of locations and departments.
Build financial business plans and define ways to identify financial opportunities and gaps.
Prepare financial analysis of Company corporate and by business segment.
Monitor and analyze monthly operating results against budget.
Develop and lead the preparation of finance committee financial packets, financial reviews, and annual/5 year plan reviews.
Manage the annual planning/budgeting process including top-down target setting, long-range planning that aligns with and integrates the strategic business plans.
Identify and ensure implementation of financial improvements to achieve revenue and profit targets.
Recommend proper allocation of assets and resources to maximize productivity and profitability, and provide valuable analysis and insight to guide decision making that supports the Company’s key objectives.
Collaborate with business leaders on evaluating existing financial systems and current processes, and recommending modifications and implementation of systems and processes more advantageous to the Company’s strategic financial goals.
Mentor other Individual contributors on the team.
Prepare reports that outline the company's financial position in the areas of income, expenses, and earnings to assist in financial decision-making.
Participate in a wide variety of special projects at Corporate or LOB level, as needed.
Coordinate with other units/departments to facilitate special requests, resolve workflow or production issues.