General Summary:
The Financial Analyst is responsible for budgeting/forecasting process, month-end closing and variance analysis, cash flow modeling and various ad hoc projects. This position supports the Wholesale business.
The responsibilities described below are considered essential functions of the role. This position is based in our NYC office and requires working on-site five days per week.
Major Responsibilities:
- Preparing annual budget and quarterly forecasts for multiple divisions and brands
- Develop balance sheet and cash flow forecasting model and review results monthly in order to make continuous improvements to the model
- Participate in month-end close process including variance analysis of expenses and gross margin reconciliation
- Work with staff accountants during close process to ensure proper accruals are made
- Develop models to improve the efficiency and accuracy of expense forecasting
- Update monthly sales and allowance reporting
- Assist in maintaining budget database
- Track monthly expenses and identify opportunities for savings
- Update and maintain bonus compensation models
- Calculate commissions for salespeople on quarterly basis
- Support division heads with variance analysis and reporting needs
- Complete special projects for CFO and Corporate Controller as needed
- Able to manage multiple projects and deadlines with support and resources as needed
- Perform other duties and special projects as assigned
Specific Job Skills:
- Ability to understand and follow somewhat complex verbal and written instructions and communicate effectively with others
- Most decisions are made within company policy restraints, and some latitude exists. Decisions may impact others or the organization
- Work responsibilities frequently concern confidential and/or sensitive information requiring the use of discretion at all times
- Job duties varied, frequently require attention to and/or coordination of concurrent job duties
- Ability to multi task, high pressure environment. Highly organized, detail oriented and time management skills essential. Strong follow up and completion skills
- Under general direction, examines moderately complex information and/or situations and prepares summary, solves problems for self, complex problems referred to supervisor
- Has no supervisory responsibility, provides basic work direction usually one-on-one
Required Qualifications:
- Bachelor’s degree in Accounting or Finance
- Minimum of 3 - 4 years of financial planning and accounting experience
- Proficient in Microsoft Office Suite and ERP systems
- Excellent interpersonal, problem-solving, and organizational skills
- Highly skilled in Excel, including pivot tables, macros and complex formulas in order to manipulate large amounts of data
- Experience in cash flow modeling
- Excellent verbal and written communication skills
- Experience with Lawson a plus
The expected base salary for this position ranges from $85,000 - $95,000 Ranges are based on various factors such as relevant skillset, training, years of experience related to the current job description, education, and our organizational structure. In addition to the base salary, Steve Madden offers a competitive benefits package that includes health and dental insurance, life insurance, disability insurance, 401K, paid holidays, a generous paid time-off policy, and career opportunities within a dynamic team.
Top Skills
What We Do
Steven Madden, Ltd. is globally recognized as a leading company in the fashion industry. What began as a modest $1100 investment in 1990 has developed into one of the most iconic brands in footwear. From a factory in Queens, NY, Steve Madden has revolutionized the shoe industry, merging years of experience with unique and creative designs. Inspired by rock and roll and his NY roots, Steve’s vision to provide on-trend women and men with an outlet to express their individuality is innovative, daring, and inspiring. Steve’s innate understanding of trends and unparalleled willpower have resulted in millions of customers worldwide and propelled his designs to the forefront of fashion.
In addition to marketing products under its own brands including Steve Madden®, Kurt Geiger London®, Dolce Vita®, Betsey Johnson®, Carvela®, Blondo® and ATM®, Steve Madden licenses footwear, handbags and other accessory categories for the Anne Klein® brand. In addition, Steve Madden designs and sources products under private label brand names for various retailers. Steve Madden’s wholesale distribution includes department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers and independent stores. Steve Madden also directly operates brick-and-mortar retail stores and e-commerce websites. In addition, Steve Madden licenses certain of its brands to third parties for the marketing and sale of certain products in the apparel, accessory, and home categories.
With an emphasis on retail, wholesale, licensing and international business, there's a constant need for new ideas and versatility. Our environment is extremely fast paced and requires associates to maintain a balance of energy and professionalism. Steve Madden is about fashion-forward product and great people. Our employees are energized, intelligent and passionate about our business and committed to providing excellent customer service.
