Senior Financial Analyst, Inventory & Cost

1-800-FLOWERS.COM, INC.•Westerville, OH

7d•Hybrid

About The Position

The Sr. Financial Analyst - Inventory is responsible for providing financial support and analysis for inventory management across the supply chain network. This role partners closely with Operations, Merchandising, Procurement, and Accounting teams to optimize inventory investment, improve working capital performance, drive cost efficiencies, and support strategic business initiatives. The ideal candidate combines strong financial acumen with operational understanding to identify risks, opportunities, and actionable insights that improve inventory performance and profitability.

Requirements

Bachelor’s degree in Finance, Accounting, or related field; MBA preferred
3-5 years of inventory and costing finance experience in supply chain, ideally within eCommerce or consumer goods.
Proven experience collaborating and building strong business partnerships in a fast-paced, transformational environment.
Advanced proficiency with financial modeling, forecasting, and analytics tools (Excel, dashboards/BI platforms).
Experience with Oracle EPM or SAP preferred
Excellent communication, analytical, and leadership skills; thrives in a fast-paced, matrixed environment.

Responsibilities

Support annual budgeting, monthly forecasting, and strategic planning activities.
Develop and maintain financial models to support business decision-making.
Analyze inventory trends, stock levels, turns, aging, obsolescence, and carrying costs to provide actionable insights to deliver measurable business results.
Provide variance analysis and actionable insights regarding inventory performance against forecasts, budgets, and prior periods.
Monitor inventory investment and working capital performance across manufacturing facilities, distribution centers and fulfillment networks.
Identify opportunities to improve inventory productivity, reduce excess and obsolete inventory, and optimize inventory turns.
Partner with operations, procurement, and merchandising teams to balance customer service levels with inventory investment goals.
Analyze inventory reserves and ensure appropriate financial treatment in accordance with company policies.
Provide leadership and support for cycle counting and physical inventory processes.
Partner with operations and procurement to understand cost drivers at sku level.
Provide support for product costing and sku level margin analysis.
Serve as a collaborative finance partner to the Supply Chain organization.
Provide financial insights and recommendations to support inventory strategies, purchasing decisions, and network optimization initiatives.
Collaborate with cross-functional partners to understand and take actions on inventory-related risks and opportunities.
Support new product launches, seasonal planning, and inventory allocation decisions.
Develop and maintain inventory KPI dashboards and management reporting.
Prepare monthly business reviews and executive presentations highlighting inventory performance and key drivers.
Leverage data analytics tools to build financial models to identify trends, root causes, and improvement opportunities.
Ensure data integrity and consistency across inventory reporting systems.
Support month-end close activities related to inventory accounting and reporting.
Partner with Accounting to reconcile inventory balances and reserve calculations.
Ensure compliance with internal controls, financial policies, and external audit.
Identify and implement process improvements to enhance inventory visibility, forecasting accuracy, and financial reporting efficiency.
Support automation initiatives and development of advanced analytics capabilities.
Participate in cross-functional projects focused on supply chain optimization, cost reduction, and operational excellence.

Benefits

Hybrid work model (4 days onsite / 1 day remote)
Comprehensive medical, dental, and vision coverage
401(k) with company match
Paid time off and company holidays
Employee discounts across our family of brands
Career growth opportunities within a leading eCommerce organization
Exposure to enterprise-scale technology initiatives and executive stakeholders
Medical, dental, vision, life, and disability insurance for the associate and eligible dependents
Flexible Spending Account (FSA)
Health Savings Account (HSA)
401(k) retirement savings program
Mental health resources and Employee Assistance Program (EAP)
Paid vacation time (accrued based on hours worked and tenure)
Paid company holidays
Employee discount across our family of brands
Potential eligibility for annual merit-based compensation increases, where applicable