Senior Financial Analyst
Apply NowCompany: Boots Retail USA, Inc.
Location: New York, NY 10007
Description:
Position Overview
The Senior Financial Analyst will work closely with the Director of Finance, and partner with the Commercial and Accounting teams on all aspects of trade spend including expense recognition, variance analysis vs budget and prior year. This role requires significant accuracy and attention to detail as well as creative problem-solving abilities. The individual will play a key role in partnering with the Commercial team in driving the growth agenda of the organization.
This hybrid position is primarily based at our Chicago office, with a required on-site presence of at least three days per week. You also have the flexibility to work from our Deerfield office. Attendance at either location may be required on specific days to attend important company events.
Key Responsibilities
A bit about you...
A bit about us...
We are No7 Beauty Company, a division of Walgreens Boots Alliance, a modern consumer goods company with purpose, that combines the best of traditional companies with the vibrancy and pace of a new digital-first business. With operations in North America, Europe and Asia, we offer beauty products that consumers can trust wherever they are in the world. Since No7 launched in 1935, our iconic brand has been joined by equally strong characters in Liz Earle Beauty Company, Soap & Glory, Botanics, Sleek MakeUP and YourGoodSkin. All our brands have a deep understanding of what customers want because we're great at listening. As part of Walgreens Boots Alliance, we have the rich insight of our own retailers and thousands of beauty advisors across our stores, so we can truly get to know our consumers and better meet their every skin need. Supported and encouraged by inclusive leaders, the people that make up our global teams are the beating heart of No7 Beauty Company. They're not just passionate about beauty; it's their innate enthusiasm to innovate that sets them apart and drives them to deliver the very best for our customers. Welcome to the next generation, welcome to No7 Beauty Company.
What we can offer you:
We offer the chance to work in a consumer led environment with the chance to make an impact on a global scale. With a truly entrepreneurial mind-set, we recognize the importance of a diverse workforce who work collaboratively with shared values and ambition. We invest in our people by challenging you and developing you, and provide a great local reward scheme including:
Competitive Salary
Annual discretionary bonus plan
Employee Discounts
Diversity and inclusion is at the centre of everything we do. We are an equal opportunity employer committed to a diverse and inclusive workforce. To learn more about our functions, explore our brands and find opportunities all over the globe please visit: https://www.no7company.com/careers
The Senior Financial Analyst will work closely with the Director of Finance, and partner with the Commercial and Accounting teams on all aspects of trade spend including expense recognition, variance analysis vs budget and prior year. This role requires significant accuracy and attention to detail as well as creative problem-solving abilities. The individual will play a key role in partnering with the Commercial team in driving the growth agenda of the organization.
This hybrid position is primarily based at our Chicago office, with a required on-site presence of at least three days per week. You also have the flexibility to work from our Deerfield office. Attendance at either location may be required on specific days to attend important company events.
Key Responsibilities
- Manage month end close process including calculating trade accruals, explaining how month end actuals compare to previous forecasts and vs last year.
- Partner with accounting team to understand General Ledger activity - including advising on reclasses and understanding balance sheet releases.
- Partner with accounting team to identify process flow of trade accruals, ensure trade methodology is consistent across customers and that accounting treatment is applied correctly during month end close.
- Lead monthly trade meetings with the commercial team - ensure that the commercial team is aware of all trade activity and discuss any forecast changes.
- Ensure that new trade implementation management tool is working properly by running parallel offline model for the first few months of the transition.
- Demonstrate a comprehensive understanding of the business drivers of Gross and Net Sales and Trade/Sales Promotional spending for the Commercial team
- Partner with the Commercial team to maximize trade spend efficiency, as well as, oversee expenditure requests, approval, and tracking
- Collaborate with other departments (Marketing and Supply Chain teams), gather data to conduct and review financial analysis on promotional activity of trade and marketing spend and incremental sales lift associated with the promotional spend
- Develop Pre-and post-event Sales Return on Investment (ROI) trackers and KPI's
- Track, forecast and report on Gross/Net sales and trade spend by lever, customer, product category, month and year
- Work with manager to step-change improvement to the efficiency of existing processes, and improve the quality of insights delivered
A bit about you...
- Bachelor's degree in finance or accounting
- 2+ years of relevant experience with increasing responsibility; preferably in the Consumer Packaged Goods or Beauty Industries.
- Change agent who will drive development and improvements in trade fund management and ROI
- Advanced proficiency in Excel, including complex formulas and pivot tables in order to manipulate large amounts of data
- System implementation a plus
- Excellent analytical and financial problem-solving skills
- Knowledge of finance concepts and accounting principles
- Exceptional communication skills, organization techniques and attention to detail
A bit about us...
We are No7 Beauty Company, a division of Walgreens Boots Alliance, a modern consumer goods company with purpose, that combines the best of traditional companies with the vibrancy and pace of a new digital-first business. With operations in North America, Europe and Asia, we offer beauty products that consumers can trust wherever they are in the world. Since No7 launched in 1935, our iconic brand has been joined by equally strong characters in Liz Earle Beauty Company, Soap & Glory, Botanics, Sleek MakeUP and YourGoodSkin. All our brands have a deep understanding of what customers want because we're great at listening. As part of Walgreens Boots Alliance, we have the rich insight of our own retailers and thousands of beauty advisors across our stores, so we can truly get to know our consumers and better meet their every skin need. Supported and encouraged by inclusive leaders, the people that make up our global teams are the beating heart of No7 Beauty Company. They're not just passionate about beauty; it's their innate enthusiasm to innovate that sets them apart and drives them to deliver the very best for our customers. Welcome to the next generation, welcome to No7 Beauty Company.
What we can offer you:
We offer the chance to work in a consumer led environment with the chance to make an impact on a global scale. With a truly entrepreneurial mind-set, we recognize the importance of a diverse workforce who work collaboratively with shared values and ambition. We invest in our people by challenging you and developing you, and provide a great local reward scheme including:
Competitive Salary
Annual discretionary bonus plan
Employee Discounts
Diversity and inclusion is at the centre of everything we do. We are an equal opportunity employer committed to a diverse and inclusive workforce. To learn more about our functions, explore our brands and find opportunities all over the globe please visit: https://www.no7company.com/careers