Senior Financial Analyst

L'Occitane•New York, NY

39d•$80,000 - $90,000•Hybrid

About The Position

The Senior Financial Analyst will be key Business Partner to various stakeholders within the company responsible for preparing financial analyses, maintaining current financial reports, and providing context and insight into the data. Develop methodologies to determine the effectiveness of initiatives on Wholesale partners and Expenses with a focus on G&A Expenses. Analyze and report on historical, current and future trends in performance. Prepare reports for executive review.

Requirements

BS in Finance, Accounting, or other quantitative field
3-5 years of experience in financial planning, analysis and modeli
Retail/Wholesale experience
Proficient in Excel, Power Point, Power BI and Other MS applications
SAP or other comparable ERP system exposure, TM1

Responsibilities

Business partner to Wholesale, B2B and Overheads (HR, IT, finance)
Expense control, reporting, and analysis
Identify Risks and Opportunities within the business and provide Actionable analysis
Monitor and control Wholesale business in collaboration with CCO and Wholesale directors: Monitor closely weekly and monthly sell-in sales by wholesale partner vs forecasts and previous year
Pilot Gross to Net Sales and Gross Margin by wholesale partner: participate in kits approval process with Marketing, ensure profitable product mix, follow level of deductions and promotions
Work on adhoc analysis with the teams on P&L impacts for new wholesale operations, new doors, new businesses…
Participate in monthly accounting close process: Liaise with Accounting and provide accruals of incurred expenses not yet invoiced per Accounting rules
Review monthly and YTD P&Ls and address variances to Budget/Forecast and LY with an extensive GL research for accuracy
Generate reporting and hold month end meetings with key stakeholders to review results, address variances and suggest actions
Financial Controls for Purchase Requisition process: Approve Purchase Requisitions for relevant departments and thresholds and ensure accuracy vs. Budget/Forecast
Provide guidance on Expense coding and amount allocation as it relates to Accounting Rules
Assist in the annual P&L Budget and quarterly Forecast Preparation/Development
Create and distribute weekly and monthly reports to various levels of management
Go to for Reporting and Analysis development on Financial Reporting tool TM1 and Power BI
Work effectively in a team environment and business oriented
All other duties or projects as assigned