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.
Job Overview
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.
Skills Required
- Bachelor's degree from a 4-year college or university.
- 2+ years of related experience.
- Proficient in advanced Excel functionality.
- Proficient in Microsoft Word and PowerPoint.
- Strong written and verbal communication; presents information clearly and concisely.
- Ability to think creatively, strategically and technically.
- Highly organized and detail-oriented, maintaining accuracy.
- Ability to work a flexible schedule based on department and company needs.
What We Do
Bloomingdale’s is America’s only nationwide, full-line, upscale department store and a division of Macy’s Inc. Currently we operate 37 department stores and an ever growing number of Bloomingdale’s The Outlet stores in 13 states as well as the always open and fashionable Bloomingdales.com. Bloomingdale’s also has an international presence in Dubai.
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