Senior Financial Analyst

Scholastic • New York, NY

15d • $85,000 - $100,000 • Hybrid

About The Position

As a senior financial analyst on the Education Solutions team, reporting to the Finance Director, you will handle all aspects of monthly financial close for the business as well as work with management on quarterly forecasts and annual budget. The ideal candidate has a strong understanding of accounting treatment for capitalization of prepublication and Capital projects.

Requirements

• A minimum of five years in a finance or data analytical role is required (publishing a plus)
• Proven experience building reports and dashboards is required.
• Self-starter with strong analytical and organization skills
• Detail oriented with excellent written and verbal communications skills

Nice To Haves

• Experience in Microsoft Power BI preferred.
• Experience creating and interpreting regression analysis preferred.
• Experience creating and interpreting regression analysis preferred.

Responsibilities

• Work with senior management on month end close.
• Load journal entries for chargebacks, expense accruals, reclasses and revenue.
• Analyze balance sheet accounts to correctly amortize expense to P&L
• Meet with senior management to review financial results, and provide variance analysis
• Issue monthly reports to managers and review as necessary
• Update capitalize prepublication reports and other ad hoc analyses, issue to senior management and clients
• Manage all aspects of quarterly forecasts (3 per year)
• Work with senior management on expense forecasts
• Review capital projects and prepublication update as necessary
• Mange all aspects of annual budget creation
• Meet with senior management to understand division goals
• Work with senior management to build a budget within corporate target that aligns with division goals
• Provide and effectively communicate meaningful financial analysis to support department heads.
• Review and optimize current processes and reports.
• Participate as a key member of the corporate finance leadership team ensuring alignment of business unit’s financial objectives with overall company goals.
• Develop annual budgets and track ongoing performance relative to budget.
• Develop quarterly forecasts and perform related variance analysis.
• Monthly and quarterly reporting and evaluation of the department’s results against key performance indicators.
• Ensure accuracy of department’s results during monthly close process.
• Ensure an effective internal control environment and compliance with corporate guidelines and policies across the business unit.
• Assist in the preparation of quarterly Board of Director presentations detailing financial performance.

Benefits

• Full suite of health and wellness benefits (including a $0 deductible Medical Plan)
• Retirement Savings Plan 401(k) with options for both Roth and Traditional Contributions
• Tuition-Free programs for undergraduate and graduate degrees
• Generous Parental Leave Program
• Employee Stock Purchase Plan (ESPP) with opportunity for discounted stock at a 15% discount

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed