Senior Financial Analyst

Who We Are:

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.

JOB MISSION:

New Balance US Wholesale Senior Financial Analyst will support the US Wholesale Organization with the monthly financial close, monthly forecast, and annual budget process. They will also support the Wholesale organization as it relates to SG&A, providing analysis and reporting for actuals, forecast and budget for both the footwear and apparel businesses. In addition, they will assist in the support of one or more Sales 'Channels', providing analysis and reporting for sales, gross margin and expenses, and track against growth and profitability objectives. They will work cross functionally with Sales, Operations, Sales Planning, Marketing and Merchandising as necessary to assist with decision support and provide financial acumen and analysis.

MAJOR ACCOUNTABILITIES:

• Preparation of the monthly forecast with accompanying causals for variance analysis, along with probability weighted 'risks and opportunities' created using financial history, current performance, latest market intelligence, and information from the cost center managers and sales organization

• All necessary month-end close activities

• Communication of month, YTD and forecast results via a bespoke presentation deck, to ensure the sales teams and their support are driving towards their revenue and profitability goals

• Prepare the annual budget for all supported areas and the associated budget deck for reporting purposes. The budget process will include multiple iterations based on direction from Senior Management.

• Work with the pricing and sales planning teams to understand and analyze revenue and gross margin related to the supported Sales Channels - understand the implications of assortment changes / price changes across different retailers within supported Sales channels

• Collaborate with wider regional finance teams to ensure MTD, YTD, Forecasts and Budgets are aligned to Regional Leadership expectations

• Perform cost center SG&A analysis and identify variances to plan

REQUIREMENTS FOR SUCCESS:

• BS in Accounting or Finance

• 3-6 years' experience with forecasting, budgeting, cost center management

• Ability to multi-task to meet tight timelines

• Exhibits strong quantitative, analytical, and problem-solving skills.

• Strong computer skills. Expertise with Excel and PowerPoint.

• Ability to operate and influence in a matrix organization and develop good working relationships across many functions, regions and distribution channels.

• Experience with SAP BPC, Hyperion, and/or Microsoft D365 a plus but not required

Regular Associate Benefits

Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks - opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs - that encourage our associates to grow personally as they develop professionally. You'll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword - it's part of our culture.

Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.

Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.

Flexible Work Schedule

For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our North American hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while maintaining flexibility for associates. New Balance Associates currently work in office three days per week (Tuesday, Wednesday, and Thursday). Our offices are fully open, and amenities are available across our North American office locations. To continue our focus on hybrid work we have introduced "Work from Anywhere" (WFA) for four weeks per calendar year. This model will help us enhance our culture while continuing to maintain elements of flexibility.

Equal Opportunity Employer

New Balance provides equal opportunities for all current and prospective associates and takes affirmative action to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran.