Foot Locker, Inc. is seeking a talented and hardworking Sr. Financial Analyst to join the Store Development Finance team. The Financial Analyst should have thorough knowledge of accounting and financial processes, partner well across Store Development teams, and be highly pro-active in identifying process improvement opportunities. The role will collaborate with FSC & FP&A on Budgeting, Forecasting, Variance Analysis, Expense Management, etc. to ensure consistent global standards and proper financials controls and innovate with new technologies to drive efficiency.
- Track committed capital and forecast open to buy spend for various capital buckets.
- Partner with various functions to provide key insights to optimize spend going forward.
- Prepare Pro-forma modeling for various investment scenarios
- Review WIP and work with business owners to understand usage plan.
- Allocate capitalized salaries at store level
- Develop rent, depreciation, and store open/close budgets at store level.
- Compile occupancy budgets and analyze basis point contribution vs sales plan.
- Prepare and submit rent & depreciation forecasts on a timely basis throughout fiscal month based on the latest capital forecast and approved deals.
- Ensure assets are properly accelerated based on signed capital/closure CARs.
- Track progress of capital projects to ensure that asset registers are submitted in time and new assets are established in accordance with accounting standards.
- Identify opportunities from historical data and provide key insights to broader team to pursue cost reduction initiatives.
- Completion of various month-end/quarter-end reporting functions, such as: analytical comments of occupancy variance to plan and various reporting.
- Compile North America occupancy views as part of the planning cycle
- Identify and implement process improvement opportunities. Drive efficiency through technology.
- Visually present data in an easy to digest format for audience.
- Prepare and present accurate, well-supported financial analysis and ad hoc reporting.
- Interact and work closely with other departments.
- Deliver completed assignments within the specified time frame.
- Perform other duties as assigned.
- Requires a bachelor's degree in accounting, finance and/or business administration.
- 2-4 years of financial analysis experience is preferred.
- Must be able to work additional hours during busy periods.
- Strong experience working within Microsoft Office Suite (i.e., Excel, Word, Access, etc).
- Demonstrated experience working in a team environment as well as working independently with minimal supervision.
- Excellent verbal and written communication, analytical and problem-solving skills.
- Strong organizational and interpersonal skills.
- Experience with and/or knowledge of PeopleSoft and running PeopleSoft queries.
#LI-PF1
The annual base salary range is $60000 - $70000 / year. This range represents the anticipated low and high end of the salary for this position. Salary will be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity, and alignment with market data. Salary is one component of the Foot Locker, Inc. total compensation package, which includes the below:
:
- Employee Discount
- Paid Time Off
- Medical | Dental | Vision Coverage
- 401(k) | Roth 401(k)
- Stock Purchase Plan
- Life Insurance
- Flexible Spending Account
- Opportunities for Advancement
- Tuition Reimbursement for Qualified Courses
- Strong Company Culture
- Employee Resource Groups
What We Do
Our global house-of-brands inspires and empowers youth culture. Relentlessly committed to fuel a shared passion for self-expression, we create unrivaled experiences at the heart of the sport and sneaker communities through the power of our people. If you want to be a part of something bigger than you can imagine, you’ve come to the right place. To learn more about the incredible impact we’re making on both our local and global communities, visit our Foot Locker LinkedIn Life pages.
Our corporate headquarters is in New York City. We also have domestic US offices in St. Petersburg, FL; Camp Hill, PA; Chicago, IL; Junction City, KS; Oshkosh, WI; and Wausau, WI. Our European headquarters is in Vianen, NL. We also have international offices in Toronto, Brisbane, Heijen, Recklinghausen, Hong Kong, and Singapore.
We play to win and succeed as a team. We attribute our success to the drive and intelligence of our team members. We have a firm belief that “everyone leads” at Foot Locker and are committed to leveraging the passions of our leaders across the globe. We offer our team members tools and resources to build their capabilities and cultivate a path for their career growth. It is through these ideals and strong leadership that we have and will continue to succeed as a great company.