Senior Financial Analyst, Enterprise FP&A

VF Corporation

2d

About The Position

At VF, we strive to foster a culture of belonging based on respect, connection, openness, and authenticity. So, before we get to the job details, take a minute to learn a little more about us – our values and our culture - visit VF Careers or www.vfc.com. What will you do? A day in the life of a Sr. FP&A Analyst at VF looks a little like this. The Enterprise Financial Planning & Analysis (FP&A) team is a key strategic partner to the executive leadership team, providing critical support across the organization. This team is responsible for developing and analyzing enterprise-level financial plans and reports, as well as establishing the processes, tools, and planning calendar for the company’s global brands and businesses. The Sr. FP&A Analyst will report to the Sr. Director, Enterprise FP&A and Reporting. They will have the primary responsibility of preparing business performance analysis, reporting, and forecasting to support the Enterprise. The Sr. Analyst will partner with the Sr. Director to play a critical role in the financial planning process of the strategic future year plans, model new growth vectors and opportunities for continuous improvement, and collaborate with cross-functional teams to monitor progress against these growth initiatives. This will include financial checkpoints throughout the product creation process with a key focus on margin expansion, product KPI’s, and financial gaps versus the strategic outlook. The Senior Analyst will work closely and collaboratively with global brand leaders, Global Merchandising, Global Planning, Global Design, Global Product Development, Global Strategy, Supply Chain and Regional Finance teams, among others. In order to succeed, the Sr. Analyst will leverage leadership and communication skills, advanced knowledge of financial systems and excellent attention to detail. Let’s break down that day-in-the-life a bit more. Develop an understanding of company and business unit objectives, both financial and strategic, and a keen insight into VF’s current and future business. Provide financial and decision-support analytics to Senior Leadership team to support key business initiatives and decisions. Play a vital role in VF Corporation’s strategic and annual financial plan across all brands, channels and geographies. Support the corporate forecasting and budgeting processes across all brands, channels, and geographies. This includes developing and promoting best practices, standards, and tools across financial operations. Drives strategic initiatives such as process optimization, automation, data governance, and advanced analytics. Support the quarterly financial reviews with regional and brand finance management and develop the related financial presentation for VF Corporation’s Senior Leadership Team which includes a global view of opportunities and risks. Prepare presentations for executive leadership teams, Board of Directors, and Investor Relations. Participate in providing financial analysis to the M&A and Investor Relation Teams, including presentations to the Board of Directors. Work with Corporate Accounting to ensure compliance with all policies and financial reporting practices and ensure SOX compliant internal controls exist throughout the organization. Support the Enterprise FP&A team with key strategic initiatives and ad hoc requests through data gathering and analytics for review by Senior Management. Support the monthly forecast, reporting and analysis, the annual operating plan, and the strategic plan processes. Track and analyze Actuals vs Budget/Forecast for the global SG&A budgets. Support global Go-to-Market (GTM) process and global leadership team in identifying gaps versus the 5YP assumptions and updating rolling models based on adjustments to growth initiatives and assortment. Create and maintain standardized tools to enable the team to execute the consolidation of the brand’s global financials. This will include aggregating commentary on key financial variances with a focus on consumer/marketing, product, and marketplace. Partner with the global functions to ensure adherence to operating budgets and achieve annual SG&A savings goals to fuel further brand investment. Monitor global brand costs and support the monthly close and reporting for the global cost centers by maintaining ownership of the monthly forecast and the annual plan process for these areas with a strong attention to detail. Support the consolidation of product-level revenue reporting, supporting Global brand leaders and various GTM and other commercial planning processes. Support business partners with key strategic initiatives and ad hoc requests through data gathering, analytics and by being a critical team member in pulling together business cases for review by Senior Management. Analyze short term (actual and forecast) and long term (annual plan and strategic plan) business trends in various channels utilizing KPIs from multiple sources across the business. Drive enhancements in financial reporting and analysis as well as requisite system requirements. Provide ad hoc analytical support, including reports and presentations, and perform special projects as needed.

Requirements

• Degree in Finance, Accounting or Economics.
• Strong financial background; exceptional analytical and modelling skills.
• 3 to 5 years of experience in the FP&A function at a multinational company, preferably in consumer-related or retail industries.
• Target industry experience does not need to be limited to apparel retailers.
• Knowledge and experience in financial concepts, budgeting, and forecasting with strong financial modeling skills.
• Must be able to function in a fast-paced environment with evolving business needs strategic thinking and problem-solving skills.
• Project management skills: efficiency, organization and collaboration, able to keep track of multiple streams of work.
• Ability to handle multiple tasks in a dynamic environment & to be a team player.
• Highly organized, detailed-oriented & achievement-oriented, with exceptional analytical skills.
• Business acumen: understanding of the product lifecycle & ability to think creatively, with high foresight & holistic strategic mindset.
• Strong analytical ability and critical thinking skills which would enable thoughtful analysis and interpretation of financial results and identification of key business issues underlying the numbers.
• Strong interpersonal skills as well as ability to collaborate as a cross-functional team player.
• Ability to partner across functions and drive process improvements and business results.
• Knowledge and experience in financial concepts, budgeting, and forecasting with strong financial modelling skills.
• Experience with ERP systems and financial reporting tools.
• Proficient in Excel; advanced PowerPoint, data management and reporting skills.
• Strong appreciation for culture in a values-driven business.
• Ability to effectively present findings to management in a clear and concise manner.
• Excellent verbal and written communication skills, including ability to communicate complex ideas in a simple way.

Nice To Haves

• MBA, CFA or CPA is a plus but not required.

Responsibilities

• Develop an understanding of company and business unit objectives, both financial and strategic, and a keen insight into VF’s current and future business.
• Provide financial and decision-support analytics to Senior Leadership team to support key business initiatives and decisions.
• Play a vital role in VF Corporation’s strategic and annual financial plan across all brands, channels and geographies.
• Support the corporate forecasting and budgeting processes across all brands, channels, and geographies.
• This includes developing and promoting best practices, standards, and tools across financial operations.
• Drives strategic initiatives such as process optimization, automation, data governance, and advanced analytics.
• Support the quarterly financial reviews with regional and brand finance management and develop the related financial presentation for VF Corporation’s Senior Leadership Team which includes a global view of opportunities and risks.
• Prepare presentations for executive leadership teams, Board of Directors, and Investor Relations.
• Participate in providing financial analysis to the M&A and Investor Relation Teams, including presentations to the Board of Directors.
• Work with Corporate Accounting to ensure compliance with all policies and financial reporting practices and ensure SOX compliant internal controls exist throughout the organization.
• Support the Enterprise FP&A team with key strategic initiatives and ad hoc requests through data gathering and analytics for review by Senior Management.
• Support the monthly forecast, reporting and analysis, the annual operating plan, and the strategic plan processes.
• Track and analyze Actuals vs Budget/Forecast for the global SG&A budgets.
• Support global Go-to-Market (GTM) process and global leadership team in identifying gaps versus the 5YP assumptions and updating rolling models based on adjustments to growth initiatives and assortment.
• Create and maintain standardized tools to enable the team to execute the consolidation of the brand’s global financials.
• This will include aggregating commentary on key financial variances with a focus on consumer/marketing, product, and marketplace.
• Partner with the global functions to ensure adherence to operating budgets and achieve annual SG&A savings goals to fuel further brand investment.
• Monitor global brand costs and support the monthly close and reporting for the global cost centers by maintaining ownership of the monthly forecast and the annual plan process for these areas with a strong attention to detail.
• Support the consolidation of product-level revenue reporting, supporting Global brand leaders and various GTM and other commercial planning processes.
• Support business partners with key strategic initiatives and ad hoc requests through data gathering, analytics and by being a critical team member in pulling together business cases for review by Senior Management.
• Analyze short term (actual and forecast) and long term (annual plan and strategic plan) business trends in various channels utilizing KPIs from multiple sources across the business.
• Drive enhancements in financial reporting and analysis as well as requisite system requirements.
• Provide ad hoc analytical support, including reports and presentations, and perform special projects as needed.

Benefits

• This position is eligible for additional compensation awards that may include an annual incentive plan, sales incentive, or commission potential.
• Specific details of the additional compensation eligibility for this position will be provided during the recruiting and interview process.
• You can review a general overview of each benefit program offered, including this year's medical plan rates on www.MyVFbenefits.com and by clicking Looking to Join VF?
• Detailed information on your benefits will be provided during the hiring process.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees