Senior Manager - Strategic Financial Planning & Analysis (FP&A)

Posted 5 Days Ago
Be an Early Applicant
New York, NY, USA
Hybrid
145K-170K Annually
Senior level
eCommerce • Other • Retail • Wearables
We are embarking on a full technology stack transformation, including migration to a fully Cloud Native architecture!
The Role
Leads FP&A for Blue Nile, partnering with merchandising and department leaders on budgeting, forecasting, financial modeling, performance analysis, investment evaluation, and cost optimization. Develops dashboards and reporting tools, analyzes product and financial data, supports data transformation, and delivers actionable insights and presentations to senior leadership. Oversees functional budgets, monitors variances, and contributes to topline growth and commercial strategy.
Summary Generated by Built In

Blue Nile is redefining modern luxury as Signet's premium omnichannel jewelry brand. 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 Senior Manager of FP&A will play a critical role in shaping the financial and commercial narrative of the business. This position is designed for a highly analytical and collaborative finance leader who thrives in a fast-paced environment and is passionate about driving clarity through data. The role demands a strong command of financial modeling, business case development, and performance analysis, particularly considering our merchandising and retail teams. You will be instrumental in translating financial and product data into strategic insights that inform executive decision-making and operational execution.

Responsibilities:

  • Serve as a financial advisor to department heads, primarily partnering with key merchandising stakeholders, helping them understand budget performance and financial implications of various decisions.
  • Analyze product and financial performance against plans and forecasts, identifying gaps and providing actionable insights.
  • Lead the annual budgeting and quarterly forecasting processes across all departments, ensuring alignment with strategic goals, alongside monthly rolling forecast process for all P&L inputs.
  • Develop and maintain driver-based financial models to support scenario planning, sensitivity analysis, and long-range forecasting, including 3-statement, discounted cash flow, and ROI/NPV frameworks.
  • Evaluate financial impact, profitability, and payback periods for proposed investments and potential merchandising plans, providing clear recommendations to senior leadership.
  • Own the development and automation of financial dashboards and reporting tools using Tableau or similar platforms.
  • Align on revenue recognition and potential, expense categorization and optimization, and forecasting treatment to ensure planning accuracy.
  • Ensure consistency, accuracy, and timeliness in reporting across departments and systems.
  • Oversee key aspects of various functional budgets 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, Merchandising, or any Technical Field. MBA/MS a plus.
  • 5-8 years of experience in advisory/consulting, investment banking, FP&A, strategy, merchandising, CPG planning, or a technical field (i.e engineering, analytics, etc) with a strong analytical and data-driven approach and ability to drive executive communication.
  • 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 Merchandising, CPG, and/or Retail Planning.
  • Experience with SAP, PowerBI, or Tableau
  • Knowledge of SQL/Python is a plus
  • Experience supporting finance or commercial 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: $145,000 - $170,000. 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, Merchandising, or a technical field
  • 5-8 years of experience in advisory or consulting, investment banking, FP&A, strategy, merchandising, CPG planning, or a technical field
  • Strong analytical and data-driven approach with executive communication capabilities
  • 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 and ensuring accuracy and insightful analysis
  • Advanced proficiency in Microsoft Excel
  • Strong skills in Microsoft Word and PowerPoint
  • Excellent written and verbal communication skills
  • MBA or MS degree
  • Experience with merchandising, CPG, and/or retail planning
  • Experience with SAP, Power BI, or Tableau
  • Knowledge of SQL or Python
  • Experience supporting finance or commercial 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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