Major Activities
Financial Planning and Analysis:
- Develop and manage annual budgets and financial forecasts.
- Conduct variance analysis to compare actual results to budget and forecast.
- Prepare monthly, quarterly, and annual financial reports for senior management.
Financial Reporting:
- Ensure accurate and timely financial reporting.
Cost Management:
- Monitor and control operational costs to enhance profitability.
- Analyze cost structures and identify opportunities for cost savings.
- Implement cost control measures and track their effectiveness.
Business Partnering:
- Collaborate with department heads to provide financial insights and support.
- Help develop financial models to support new business initiatives and investments.
Team Leadership:
- Manage and mentor a team of finance professionals.
- Foster a culture of continuous improvement and professional development.
- Conduct performance evaluations and provide feedback.
Other duties as assigned
Minimum Education
- Bachelor’s degree or equivalent experience
Minimum Special Certifications or Technical Skills
- Proficiency in financial software and ERP systems (e.g., SAP, Oracle).
- Financial analysis and modeling
- Budgeting and forecasting
- Financial reporting
- Cost management
Minimum Type of Experience the Job Requires
- Minimum of 5-7 years of experience in financial management, preferably in the retail industry.
- Strong knowledge of GAAP and financial reporting requirements.
- Excellent analytical, problem-solving, and decision-making skills.
- Business partnering
- Compliance and risk management
- Team leadership and development
- Proficiency in financial software and ERP systems
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
Other
- Strong communication and interpersonal skills.
- Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
- Leadership experience with a proven ability to manage and develop a team.
Preferred Education
- Bachelor’s degree in Finance, Accounting, Business Administration.
- MBA or CPA preferred.
Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.
At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration. As the leading destination for creating and celebrating in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit www.michaels.com.
At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit www.michaels.com.
Michaels is an Equal Opportunity Employer. We are here for all Team Members and all customers to create, innovate and be better together.
Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).
EEOC Know Your Rights Poster in English
EEOC Know Your Rights Poster in Spanish
EEOC Poster Optimized for Screen Readers
Federal FMLA Poster
Federal EPPAC Poster
Skills Required
- Bachelor's degree or equivalent experience
- Minimum of 5-7 years of experience in financial management
- Proficiency in financial software and ERP systems (e.g., SAP, Oracle)
- Strong knowledge of GAAP and financial reporting requirements
- Financial analysis and modeling
- Budgeting and forecasting
- Financial reporting (monthly, quarterly, annual)
- Cost management and cost control implementation
- Business partnering with department heads
- Team leadership, mentoring, and performance evaluations
- Compliance and risk management experience
- Excellent communication and interpersonal skills
- Experience preferably in the retail industry
- MBA or CPA
Michaels Stores Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Michaels Stores and has not been reviewed or approved by Michaels Stores.
-
Healthcare Strength — Multiple medical, dental, and vision options are available alongside virtual care and an Employee Assistance Program. Basic life and AD&D are provided for full-time team members, with optional disability coverage.
-
Retirement Support — A 401(k) plan with company matching supports savings for retirement. Eligibility begins after a short tenure period.
-
Wellbeing & Lifestyle Benefits — Team members receive broad merchandise and custom framing discounts plus partner savings on fitness, travel, and services. Programs such as Michaels CARES and tuition assistance add wellbeing and development support.
Michaels Stores Insights
What We Do
The Michaels Companies, Inc. is North America's largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for Makers and do-it-yourself home decorators. The Company owns and operates more than 1,200 stores in 49 states and Canada. Additionally, the Company serves customers through Michaels.com, consumercrafts.com and aaronbrothers.com. The Michaels Companies, Inc., also owns Artistree, a manufacturer of high quality custom and specialty framing merchandise, and Darice, a premier wholesale distributor in the craft, gift and decor industry.
