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 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 business. In addition, they will assist in the support of one or more Sales ‘Channels’, providing analysis and reporting for sales, gross margin and expense, 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:
- Cultivate robust understanding of revenue, COGS, margin, and SGA drivers across product lines, sales channels, and retailers
- Routine execution of Ad-Hoc analysis and reporting in support of business needs & initiatives – translating data into actionable recommendations and structured perspectives
- Communication of MTD, YTD, and full year forecast results to sales leadership; driving insights, guidance, and tracking towards revenue & profitability goals
- All necessary month end close activities such as journal entry submission and ledger analysis
- Develop functional models and datasets tracking KPIs to help inform business results and support business decision making
- Cross-functional collaboration with sales planning and merchandising to provide financial insight & acumen into product-driven planning
- Perform Cost Center SG&A Analysis and identify variances to plan
- Collaborate with wider regional finance teams to ensure Budgets, Forecasts, and Actuals are aligned to Regional Leadership expectations
REQUIREMNTS FOR SUCCESS:
- Bachelor’s degree in finance, accounting, or related field
- 1-3+ years of experience in finance, accounting, or related fields; industry experience is a plus
- Advanced profic