Macy's

Financial Planning Specialist

Macy's  •  Long Island City, NY (Onsite)  •  3 months ago
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Job Description

About

Bloomingdale’s makes fashion personal and fun, aspirational yet approachable. Our mission is to guide and inspire our customers to make style a source of creative energy in their lives. We will always strive to make Bloomingdale’s like no other store in the world. Across all brand touchpoints—from Bloomingdales.com to our newest small store concept, Bloomie’s—everyone plays a critical role bringing our mission to life. Our inclusive

culture promotes diversity of background, thought and opinion. Regardless of position, we believe all colleagues have a voice and access to share their thoughts with every level of leadership. Our colleagues are passionate, driven, entrepreneurial and collaborative, while having a lot of fun along the way.

The Financial Analyst Specialist is responsible for budgeting, forecasting, financial analysis, reporting and financial process development. This individual will be accountable for providing sound financial analysis to support development of business strategies, drawing insights from internal accounting and financial reports, and communicating findings to key stakeholders.

Essential Functions

  • Analyze the Bloomingdale’s expense structure to identify opportunities for cost savings. Bring issues to the forefront with Finance management to exploit opportunities and mitigate risks.
  • Provide analysis throughout the year to identify opportunities to drive sales and overall profit improvement.
  • Collaborate with internal partners to develop Annual/Seasonal plans. Provide guidance in season to ensure established budgets are achieved.
  • Consistently analyze, review, and communicate both short term and long-term initiatives. The candidate must understand the obstacles and benefits to implementation of key initiatives and measure success through key KPIs.
  • Complete the month end financial forecast and close process for portions of assigned expense work centers, including the preparation and documentation of forecasts, journal entries, financial statement review and commentary to senior management highlighting variances to the financial plan.
  • Regular, dependable attendance & punctuality.
  • Perform other duties as assigned.

Qualifications

  • Bachelor’s degree from a 4-year college or university.
  • 2+ years of related experience.
  • Must be proficient in advanced Excel functionality, Word and PowerPoint.
  • Practices open and continuous communication, values keeping others informed, effectively presenting information in a clear, concise manner.
  • Ability to think creatively, strategically and technically.
  • Highly organized and detail-oriented, with a focus on maintaining accuracy in all tasks.
  • Ability to work a flexible schedule based on department and company needs.

This job description is not all inclusive; additionally, Macy’s, Inc. reserves the right to amend this job description at any time. Macy’s, Inc. – including Macy’s, Bloomingdale’s, and Bluemercury – is an equal opportunity employer, committed to a diverse and inclusive work environment.

Macy's

About Macy's

Macy's is America’s store for life. The largest retail brand of Macy's, Inc. (NYSE:M) delivers quality fashion at affordable prices to customers at approximately 640 locations in 43 states, the District of Columbia, Puerto Rico, and Guam, as well as to customers in more than 100 international destinations through leading e-commerce site macys.com. Macy's inspires fashion exploration and discovery through the most desired family of exclusive brands for her, for him, for the home, and via our dynamic mobile and social platforms. We know the power of celebration, demonstrated through decades of memorable experiences created during Macy's 4th of July Fireworks® and Macy's Thanksgiving Day Parade®, as well as spectacular fashion shows, culinary events, flower shows, and celebrity appearances. Macy's flagship stores – including New York City’s Herald Square – are internationally renowned and preeminent destinations for tourists. With the collective support of our customers and employees, Macy's builds community and helps make a difference in every market we serve, supporting local and national charities by giving nearly $50 million each year, plus 146,000 hours of volunteer service. For more than 160 years, Macy’s has, and continues to, make life shine brighter for our customers, colleagues, and communities.

Industry
Retail & Ecommerce
Company Size
10,000+ employees
Headquarters
New York, NY
Year Founded
1858
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