Financial Analyst
14 hours ago
**THE ROLE**
As the Financial Analyst you will report to the head of FP&A, and play a key role in enhancing Herschel’s financial planning and analysis function, including: budgeting, forecasting, and decision-making support. This role will work closely with the Finance team and other internal stakeholders to help drive Company performance through management reporting, facilitating the budget process, financial modeling, ad hoc research/analysis/financial support.
**A DAY IN THE LIFE**
Our workplace is dynamic, supportive and entrepreneurial in spirit, and we pride ourselves in having collaborative, open-minded and imaginative teams.
On a day-to-day basis, the Financial Analyst will:
Budgeting & Forecasting:
- Assist with developing, facilitating and implementing the annual and rolling budget
- Assist with developing, facilitating and implementing regular reforecasts
- Support other department stakeholders in understanding and developing their budgets/forecasts
- Identify and research variances to forecast, budget, and prior-year results, to proactively identify opportunities for improvement
- Work with the Manager, FP&A to develop, update, and manage financial forecast models (recurring and as needed) with the goal of continuously improving them towards leading-edge
- Maintain global financial model which includes planning the income statement, balance sheet and cashflow
Reporting and Decision Support:
- Integrate with sales teams to ensure they make more informed decisions and that we understand their performance
- Assist with weekly revenue flash reports, in-month reforecast, and sell-through reporting
- Track and report on budget/forecast-related objectives and key results (“OKR’s”), including conducting variance analysis to show management how actual performance compares to the budget and/or rolling forecast
- Develop and maintain contribution margin reports and prepare ad hoc analyses as required
- Develop and maintain channel-specific reports, such as direct-to-consumer dashboards
- Support the preparation of the monthly financial reporting as required
- Support management decisions by creating financial models, or updating forecast expectations with built-in scenarios depending on the varying assumptions
- Support the improvement if business intelligence through automation and leveraging technology
**YOUR QUALIFICATIONS**
**Required**:
- Bachelor’s degree in Accounting or Finance
- CPA, MBA, or CFA designation
- At least 5 years of progressive, relevant accounting and FP&A experience (experience in a similar industry is a strong plus)
**Competencies**:
- Advanced Excel, PowerPoint skills
- Strong knowledge of accounting/financial/operational principles
- Experience developing budgets and forecasts, along with related metrics, assumptions and reports
- Experience with BI-related/reporting software or similar tools and technologies
- Effective communicator who is able to interface with various management levels and can build relationships based on trust and respect
- Superior attention to detail and analytical skills
- Organized and able to manage their time and priorities
**Job Types**: Full-time, Permanent
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