Financial Analyst Jobs

About The Position

Requirements

• Bachelor’s Degree in Finance, Accounting, Economics or a related field
• Advanced proficiency in MS Office skills (Work, Excel, PowerPoint, and Access) and financial software (e.g., SAP, Oracle, Hyperion)
• Minimum Type of Experience Required 5 years of finance experience in an FP&A function
• Strong understanding of financial statements with experience with forecasting and financial reporting
• Advanced excel skills and financial modeling required
• Excellent communication skills with the ability to present complex information clearly and concisely
• Proven experience collaborating with business teams and presenting to senior leadership
• Comfortable working in a fast-paced environment with evolving priorities

Nice To Haves

• Power BI experience
• Other Knowledge of Essbase and/or Oracle Financials
• Prior retail experience a plus

Responsibilities

• Financial Planning and Analysis: Develop and maintain financial models to support strategic initiatives, new store openings, product/category analysis, and promotional planning. Conduct variance analysis to identify trends, risks, and opportunities. Provide detailed financial analysis and insights to support strategic decision-making.
• Budgeting and Forecasting: Support the preparation of annual budgets and rolling forecasts. Monitor budget performance and analyze deviations from plan. Collaborate with various departments to gather data and ensure accurate forecasting.
• Financial Reporting: Prepare and distribute financial reports for senior leadership and stakeholders. Analyze financial results, key performance indicators (KPIs), and variances against plan; provide actionable insights and recommendations. Develop and distribute management reports to support business operations.
• Performance Analysis: Evaluate financial performance by comparing and analyzing actual results with plans and forecasts. Conduct profitability analysis of products, services, and business units. Identify and communicate financial trends and potential issues.
• Business Partnering: Partner with cross-functional teams to understand business drivers and align financial goals. Participate in cross-functional projects to drive business improvements. Provide financial insights and recommendations to enhance business performance.
• Cost Management: Analyze and monitor cost structures to identify cost-saving opportunities. Support the implementation of cost control initiatives. Track and report on the effectiveness of cost management efforts.
• Special Projects: Lead or support special financial projects and initiatives as required. Provide ad-hoc financial analysis and support to various stakeholders.
• Other duties as assigned

Benefits

• At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more.