Job Description
Job Description
We are hiring for the role of Sr. Financial Analyst, based in Newport, Minnesota. This role is within the retail industry and involves working in a highly collaborative environment. Your main tasks will include financial analysis, cost management, pricing performance evaluation, and data management.
Responsibilities
• Analyzing financial data to aid in making informed business decisions
• Ensuring the accuracy of costing methods and data
• Preparing unit costing, analysis, and recommendations to facilitate sound business decisions
• Performing price analysis, developing insights and analytics into pricing performance and outlook
• Collaborating with cross-functional teams to improve business processes, pricing, margins, and cash flow
• Teaming up with IT/IS to retrieve and organize data from multiple data sources and creating automated processes for data extraction, report processing, and distribution
• Conducting trend analysis of positive and negative activities’ effects on business operations
• Modeling future scenarios tied to company strategies
• Assisting with ad hoc analysis and reporting for use by management
• Training other key personnel to use the data effectively
• Working closely with key managers to understand production, sales, inventory, and shipping activities to make accurate and timely analysis
• Performing other duties as needed by the business, including royalty reporting, pricing analysis, and asset management ROI decisions.• Candidate should possess a minimum of 5 years of experience in a similar role, preferably within the retail industry.
• Proficiency in business systems, Confluence, CRM, and Crystal Reports is required.
• Strong knowledge and experience in data mining techniques, About Time, and accounting functions is essential.
• Prior experience in auditing, budget processes, and capital management is highly desirable.
• Familiarity with standard cost accounting, margins, margin analysis, and gross margin analysis is important.
• Proven ability to maximize profitability through effective financial strategies.
• Proficiency in budgeting and forecasting, cash and inventory forecasting, and forecasting & modeling is required.
• Ability to use Microsoft Power BI and Power BI tools effectively.
• A bachelor's degree in finance, accounting, economics, or a related field is required; a master's degree or professional certification such as a CFA or CPA is preferred.
• Excellent analytical, decision-making, and problem-solving skills.
• Strong verbal and written communication skills.
• Proficient in Microsoft Office Suite, particularly advanced Excel skills.
• High level of accuracy and attention to detail.
• Ability to work independently and collaboratively within a team.
• Strong time management skills, with the ability to prioritize tasks and meet deadlines.
• Ability to handle sensitive and confidential information with discretion.