Analyst, Strategic Financial Planning & Analysis (FP&A)

Posted 2 Days Ago
New York, NY, USA
Hybrid
70K-90K Annually
Junior
eCommerce • Other • Retail • Wearables
We are embarking on a full technology stack transformation, including migration to a fully Cloud Native architecture!
The Role
Supports strategic FP&A by analyzing performance against plans, managing functional budgets, building financial models, improving reporting, and identifying growth and cost-efficiency opportunities. Partners with Operations and Merchandising leadership to deliver actionable insights, scenario modeling, presentations, data transformation, and automation initiatives.
Summary Generated by Built In

Blue Nile is evolving its pioneering legacy into an elevated, omnichannel luxury experience. By combining innovative digital experiences with an expanding network of premium showrooms, we're transforming how customers discover, purchase and experience fine jewelry. As we continue investing in technology, merchandising, and customer experience, we're looking for leaders who are energized by solving complex business problems, influencing enterprise strategy, and driving measurable commercial impact.

The Analyst of Strategic Finance (FP&A) will support the Director of Strategic Finance (FP&A) in driving Blue Nile’s strategic and financial vision. This role serves as a key business partner to the Operations and Merchandising teams, working cross-functionally to provide valuable insights that enhance strategic decision-making. Collaborating closely with Operations leadership, including the COO, this individual will help optimize margin drivers, improve cost structures, and advance business performance. Additionally, the role will support scenario modeling for promotions and product launches while driving automation initiatives to enhance reporting, production, and operational efficiency.

Responsibilities:

  • Analyze financial performance against plans and forecasts, identifying gaps and providing actionable insights.
  • Develop and enhance financial models, processes, and reporting to support evolving planning requirements.
  • Oversee key aspects of various functional budgets, including Operations, Merchandising, and Technology tracking actual costs versus forecasts and proactively flagging deviations, presenting findings to key stakeholders.
  • Assess both quantitative and qualitative performance metrics for key leadership teams, delivering streamlined reports with actionable commentary.
  • Drive topline growth initiatives to help drive commercial capabilities, alongside cost efficiency initiatives by identifying opportunities for savings and monitoring the impact of cost optimization efforts.
  • Prepare and deliver presentations to key stakeholders, including the Blue Nile Leadership Team, providing in-depth performance analysis.
  • Support data transformation initiatives, including data management, reporting improvements, and detailed report generation for analysis.
  • Support ad hoc projects as needed.

Requirements
  • Bachelor’s degree in Accounting, Economics, Finance, Business, or any Technical Field
  • 1-3 years of experience in advisory/consulting, or investment banking, FP&A, strategy, or a technical field (i.e engineering, analytics, etc) with a strong analytical and data-driven approach.
  • Proficiency in analysis, systems and data tools for organizing and deploying financial insights.
  • Strong financial and business acumen with the ability to interpret complex data and provide meaningful recommendations.
  • Experience working with large datasets, ensuring accuracy and insightful analysis.
  • Advanced proficiency in MS Excel, with strong skills in MS Word and PowerPoint.
  • Excellent written and verbal communication skills, with the ability to engage effectively at all levels of the organization.

Preferred Qualifications:

  • Experience with SAP, PowerBI, or Tableau
  • Knowledge of SQL/Python is a plus
  • Background in Retail/CPG Industry
  • Experience supporting finance functions

Benefits

At Blue Nile, many of our roles offer a high-quality, comprehensive benefits package including healthcare, paid time off, retirement planning and opportunities for career advancement. Some offerings are dependent upon the role, employment type, work schedule or location:

  • Paid Time Off
  • Competitive Employee Discount
  • Medical, Dental, Vision and Prescription Insurance
  • 401(k) Retirement Plan with Company Match
  • Flexible Spending Account
  • Tuition Reimbursement
  • Parental Leave
  • Life Insurance

Annual base pay: $70,000 - $90,000. Final pay rate shall be determined and is based on experience and qualifications.

At this time, Blue Nile will not sponsor a new applicant for employment authorization for this position.

Additional Information: Blue Nile is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status or any other basis prohibited under applicable federal, state or local law. Blue Nile will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. #LI-WK1

Skills Required

  • Bachelor's degree in Accounting, Economics, Finance, Business, or any technical field
  • 1-3 years of experience in advisory or consulting, investment banking, FP&A, strategy, or a technical field
  • Proficiency with analysis, systems, and data tools for organizing and deploying financial insights
  • Strong financial and business acumen with the ability to interpret complex data and provide recommendations
  • Experience working with large datasets while ensuring accuracy and insightful analysis
  • Advanced proficiency in Microsoft Excel
  • Strong Microsoft Word and PowerPoint skills
  • Excellent written and verbal communication skills
  • Experience with SAP, Power BI, or Tableau
  • Knowledge of SQL or Python
  • Background in the retail or CPG industry
  • Experience supporting finance functions
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The Company
HQ: New York, NY
650 Employees
Year Founded: 1999

What We Do

Blue Nile is the largest online retailer of certified diamonds, engagement rings, and fine jewelry. Our customers come to us for some of the most important moments of their lives. They count on Blue Nile to provide them with the most premium jewelry and the customer experience in the industry. Because of this, technology at Blue Nile is not your average gig. We obsess with our employee experience from start to finish, ensuring an incredible and premium experience every step of the way. Blue Nile technology culture is a learning culture. We seek many voices and perspectives to learn from each other and engineer the best possible solutions. We obsess over measurement, data, security, and automation to allow us to focus our creativity where it counts -- the employee and customer experience. If you're up for uniquely meaningful technology challenges, we'd love to add your voice to the team!

Why Work With Us

Our Technology Teams celebrate achievements and are inspired by success. They are nimble, innovative, and resourceful and make an impact on both the business and each customer’s personal experience. We value hard work, flexibility, and curiosity and collaborate to solve problems, constantly improve, and implement meaningful changes.

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