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Financial Analyst in Boston, MA at Accounting Now

Date Posted: 10/24/2018

Job Snapshot

  • Employee Type:
  • Location:
    Boston, MA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
  • Job ID:

Job Description

Financial Analyst

Overview :

Financial Analyst is responsible for performing various financial activities including budgeting, modeling, forecasting and reporting, to support decision making by senior management in the corporate office and the Retail field management team. They will plan, organize and coordinate fiscal planning, development, implementation and monitoring of retail operating expenses for over 275 stores. They will monitor actual financial performance and compare to budget and/or forecast projections, analyze and interpret variances, prepare a variety of reports and provide recommendations. He or she will have the capability to own complex processes. They will have the ability to positively contribute to the team environment of the Finance and Retail organizations.

Responsibilities :

  • Proposes, develops, and monitors store sales plans for all stores and analyze trends.
  • Manages databases, develops ad hoc Excel reports and prepares forecasting reports.
  • Prepares weekly reporting on labor management for Corporate and Retail Management.
  • Partners with Retail Store Operations team in managing the Store Payroll projection process, including updating forecasted labor hour requirements and wage rate information which best supports store workload and delivers productivity and profitability targets.
  • Partners with Finance Manager and Retail Operations team to modify labor strategies in order to make labor hour allocation more efficient and equitable across the fleet.
  • Supports the Field and Retail Store Operations team by providing relevant reporting to help identify Payroll expense savings opportunities.
  • Provides support during the month end close process including operational management reporting, payroll account analysis and variance analysis.
  • Analyzes sales results for increased awareness, focus, planning methodology improvements and best practice modifications.
  • Provides insights into the performance of the business through research and analysis of alternatives of operating programs and financial requests; Presents results of research and analysis to management.
  • Prepares accurate and timely financial and business related analyses, research, and forecasts, including financial sales and payroll expense performance variance analyses and business planning.
  • Maintains effective communication and coordination with cross-functional partners and stays informed of developments to anticipate the financial implications of issues on a timely basis.

Qualifications :

  • Advanced skills in Excel, particularly building complex models and building tools for field organization (pivot tables, advanced look-up functions). Access experience a plus.
  • Strong analytical skills necessary to synthesize large quantities of data; identify trends and drivers and distill them into insightful analyses to senior management.
  • Quick learner and problem solver when faced with new issues or challenges.
  • Possess excellent communication skills, both oral and written.
  • Maintain flexibility in a fast-paced environment, continuously evolving to meet changing business needs.
  • Capability to work independently and to prioritize assignments to meet deadlines.
  • Must have strong sense of responsibility, collaboration and teamwork.
  • Bachelor's degree in Finance, Accounting, Business or related field required. MBA a plus.
  • 2+ years of applicable FP&A experience required.
  • Experience in Retail industry preferred.
  • Experience with General Ledger, Financial Reporting systems and financial query applications.
  • Electronic data warehouse application experience helpful.