Belk
Position Summary:

The role of the Senior Financial Analyst is to provide accurate, timely and insightful financial and operational analysis, to identify and communicate expense savings opportunities, and to identify and implement process improvement opportunities both within the Financial Planning Department and throughout the organization.

Essential Functions/Responsibilities:

Major responsibilities:

  • Sales Planning/Forecasting:

    • Act as lead analyst and subject matter expert over all FBR sales planning and forecasting responsibilities

    • Partner with Merchandise planning, Store Leadership, Store Ops and other areas to develop by-store daily sales plans and reporting needs for organization

    • Maintain financial models to analyze sales trending, competitor incursions, R/E & Merch investments, halo/cannibalization impacts

    • Forecast daily sales by-store with a high degree of accuracy to drive staffing positioning decisions; partner with Store Ops to execute scheduling

    • Assist with reporting and meeting materials for executive level presentations

    • Support the Store Finance team by participating in regional roadshows and presenting to Store Leadership as needed

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  • Develop financial models to assess returns on investment for proposed real estate projects and lease renewal decisions

  • Ensure returns are budgeted for approved projects, perform post-audits for capital deployed to drive accountability

  • Develop and maintain expense forecasting models / reports for areas of responsibility

  • Work with Accounting Department & Expense Managers to understand monthly expense variances

  • Act as lead for areas of responsibility, includes developing expense Guidelines, creating budget bridges, analyzing Manager Plans (& building manager plan review decks), and finalizing annual budgets

  • Identify, quantify, and assist in implementing expense savings ideas

  • Perform ad hoc analysis on all areas of the business as requested by the Manager of Store Finance, Director of Store Finance, VP of Finance, Chief Financial Officer and Chief Stores Officer

  • Identify process improvements within the Financial Planning Department, including but not limited to report reduction, process automation, improved use of technology, improved communication and data hand-off, and documentation of key assumptions

  • Develop and maintain relationships with other Finance Department associates and management

     

    Success Factors

    Behavioral Traits:

  • Excellent analytical, communication, problem solving, and reasoning skills

  • Ability to work well within a team environment as well as independently as the situation demands

  • Results oriented, has high standards

  • Agile - willingness to learn and embrace change

  • Creative – ability to take complex / unprecedented problem and propose solutions

  • Exhibits high sense of urgency

  • Highly organized, attention to detail

  • Ability to produce high quality results in an ever changing, demanding environment

  • Ability to manage multiple, conflicting priorities, without sacrificing quality of results

     

    Management Practices & Business Applications:

  • Highly proficient in Microsoft Office (specifically Excel and PowerPoint)

  • Ability to use query tools and databases (Hyperion Essbase a plus)

  • Ability to design and implement process improvements.

     

    External Relationships:

  • Limited, potentially working with competitors/analysts in benchmarking financial/operational metrics.

     

    Internal Relationships:

  • Store Leadership Team (CSO, DOS, RVP, SM)

  • Financial Planning & Analysis Team including Chief Financial Officer

  • Executive Leadership Team

  • Store Operations Team

  • Merchandise Planning

  • Accounting Team

  • Expense Managers

  • Functional Heads

Requirements/Qualifications:

Position Requirements

Education & Experience

  • Four Year Degree, Finance or Business, MBA preferred

  • Three or more years Financial Analysis experience with a proved track record of career growth, preferably FP&A (retail a plus)

  • Demonstrated ability to create complex financial models

     

    Physical

  • Ability to operate a computer

  • Ability to operate a telephone

     

    Reports Directly to:

    Manager – Store Finance

     

    For reasonable accommodation information for an ADAAA qualified disability please see Belk Associate Handbook for policy and procedures.

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