Why would I want this job?

Our client is seeking an ambitious and highly analytical person to join the North America Retail FP&A team.  The individual will work together with key business partners to support the group’s baseline financial operations including driving the budget, forecasting, monthly financial close and reporting processes.  A key portion of the job will be monthly financial analysis and reporting, forecasting, annual planning and ad-hoc analysis.

The ideal candidate will be a proactive and strategic financial professional with the ability to multi-task with a high degree of analytical proficiency and integrity.  This position requires good foundational knowledge and experience in finance/accounting and a firm understanding of both financial and retail concepts with ability to work with wide range of business partners as their finance partner and resource.

What would I be doing?

Essential Duties & Responsibilities

 

P&L Management

 

  • Perform monthly close, forecasting, and reporting objectives for North America Retail.
  • Analyze operating results against budgets and prior year (variance analyses) and compile all deliverables per monthly timelines.
  • Prepare monthly forecasts for store level expenses, and overhead expenses; Engage functional and corporate partners to update forecasts for supply chain, rent/occupancy/depreciation, marketing, store operations, and creative/brand presentation
  • Participate & oversight of monthly close process (reclasses, accruals, etc.), ensuring proper entries are recorded by Corporate Accounting that appropriately reflect business activities
  • Serve as a Finance resource to business in managing expenses.  Liaise with business partners on regular basis to gather information and provide reporting and information as needed to facilitate informed financial decision-making by business and achievement of budget/forecast targets.
  • Assist departmental leads in identifying risks, efficiencies and/or opportunities through analysis.
  • Alert management to potential areas of exposure and recommend solutions to ensure on-budget performance.
  • Create executive level reporting to inform and facilitate decision-making.
  • Identify and perform focused analysis of key business drivers to support operating & strategic initiatives.
  • Provide support in the preparation of annual Budget and LRP process for Retail divisions.
  • Perform ad hoc analyses, prepare various reports and presentations

 

 

Real Estate / Capital Management

 

  • Support manager with evaluation of strategic initiatives including new store openings, store remodels and store closures by preparing Pro-Forma models and Capital Request forms for management approval
  • Manage capital appropriation request models of all projects in the retail store pipeline by proactively interacting with internal groups to assess sales and expense assumptions used to determine ROI
  • Build and analyze detailed Store P&Ls to determine opportunities for 4-Wall improvement
  • Provide guidance on treatment of expenditures as capital and/or expense

 

Process Analysis and Improvement

 

  • Through financial partnership with business partners, ensure teams are following appropriate Corp and Financial policies/processes.
  • Alert management of potential areas of exposure or risk of proper compliance
  • Analyze existing processes and identify process improvement opportunities and provide support as new processes are coordinated and put in place within and across divisions
  • Build finance reporting that leverages systemic reporting and global standards for consistency

What would make me qualified?

  • Finance or Accounting experience; FP&A in a multinational or retail company preferred
  • Proficient in Microsoft Excel, Microsoft Word, and Microsoft PowerPoint
  • Systems experience with SAP, Hyperion/Essbase, a plus
  • Excellent communication and presentation skills, both verbal and written, along with the ability to influence and demonstrate confidence in communications with senior level management
  • Strong organizational, analytical, and interpersonal skills are required
  • Agile learner – able to quickly assimilate relationships between variables under analysis
  • Ability to manage multiple projects simultaneously, including deadline-sensitive priorities
  • Flexibility in adjusting and reprioritizing to meet changing needs in a fast-paced work environment
  • Must have highest degree of accuracy with a strong attention to detail
  • Must be self-motivated/self-starter with the ability to work independently
  • Team player possessing a strong work ethic