Financial Analyst
3 weeks ago
The Financial Analyst will be a key member of the corporate Finance team at Balenciaga Americas. This role will report to the Director of Finance and will be responsible for analyzing business needs, implementing processes, and increasing process efficiency through various duties.
Key Responsibilities
- Support Balenciaga Americas business, including USA, Canada, Mexico, and Brazil, in collaborating on various analyses as needed.
- Support monthly closings, GL reconciliation, and complete analysis on P&L and balance sheet accounts, including month-end Sales Margin preparation, analyzing construction under progress and capitalization, and complete various analyses, Fixed Assets and Rents.
- Assist with review of OPEX and monthly accruals, including Concur expenses, review of store rent (fixed and variable) monthly, review of payroll accruals, review of Tenant Allowances, and review of Journal Entries.
- Ad hoc reporting, identify areas of improvement, and generate innovative ideas to increase process efficiencies.
- Be an ambassador of corporate policies, including T&E, the use of corporate cards, and assist with preparation of internal and external audits.
- Navigate and master multiple accounting systems and sub-ledgers, including SAP, Movex, and HFM, and support in compilation of reporting packages.
- Bachelor's in Finance, Economics, or Accounting.
- 3-5 years in a similar role; Retail experience a plus.
- Technical skills (Excel, PowerPoint).
- Core Competencies and traits: possess a high level of accuracy and attention to detail, ability to establish and maintain good working relationships with colleagues and counterparts overseas, highest regard for confidentiality, positive work attitude, and willingness to work some longer hours during peak periods.
- Advanced technical skills (Excel, Pivot Tables, SUMIFS, PowerPoint), system savvy, and self-motivated to learn new technology and participate in new projects.
- Basic understanding of accounting principles and procedures.
Balenciaga is committed to fostering a diverse workforce and believes that diversity in all its forms enriches the workplace and our client experience. As an Equal Opportunity Employer, we welcome all applications and select our talents based on competencies and in alignment with our brand behaviors.
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