JobsBusiness & Financial AnalystBostonUS Wholesale Financial Analyst
New Balance
Posted 7 days ago
US Wholesale Financial Analyst
New Balance · Boston, Massachusetts, United States
In short
The analyst will support the US Wholesale organization with monthly financial closes, forecasting, and annual budget processes. They will also provide financial analysis and reporting for sales, gross margin, and expenses while collaborating cross-functionally with various departments.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
Candidates must have a bachelor's degree in finance, accounting, or a related field. Additionally, 1-3+ years of relevant experience and proficiency in Microsoft Office and financial software are required.
About New Balance
WEBSITE
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Questions about this role
- Is this New Balance role remote?
- Tagged hybrid · 3 days in office.
- What does it pay?
- The posting lists $70,600–$110,400 a year.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 2-5 years.
The posting, in full
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.
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Who We Are
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.
JOB MISSION
New Balance US Wholesale Financial Analyst will support the US Wholesale organization with the monthly financial close, monthly forecast, and annual budget process. They will also support the Wholesale organization as it relates to SG&A, providing analysis and reporting for actuals, forecast, and budget for both the footwear and apparel business. In addition, they will assist in the support of one or more Sales ‘Channels’, providing analysis and reporting for sales, gross margin and expense, and track against growth and profitability objectives. They will work cross-functionally with Sales, Operations, Sales Planning, Marketing and Merchandising as necessary to assist with decision support and provide financial acumen and analysis.
MAJOR ACCOUNTABILITIES
Cultivate robust understanding of revenue, COGS, margin, and SGA drivers across product lines, sales channels, and retailers
Routine execution of Ad-Hoc analysis and reporting in support of business needs & initiatives – translating data into actionable recommendations and structured perspectives
Communication of MTD, YTD, and full year forecast results to sales leadership; driving insights, guidance, and tracking towards revenue & profitability goals
All necessary month end close activities such as journal entry submission and ledger analysis
Develop functional models and datasets tracking KPIs to help inform business results and support business decision making
Cross-functional collaboration with sales planning and merchandising to provide financial insight & acumen into product-driven planning
Perform Cost Center SG&A Analysis and identify variances to plan
Collaborate with wider regional finance teams to ensure Budgets, Forecasts, and Actuals are aligned to Regional Leadership expectations
REQUIREMNTS FOR SUCCESS
Bachelor’s degree in finance, accounting, or related field
1-3+ years of experience in finance, accounting, or related fields; industry experience is a plus
Advanced proficiency in Microsoft products: Excel, PowerPoint, Outlook
Excellent written and verbal communication skills
- Knowledge & experience in Oracle Cloud, Microsoft D365, Spotfire, Power BI
- Self-driven emphasis on work ethic, organization, and reliability
- Sense of urgency and ability to adapt to a fast-paced environment
- Team player with desire to create impactful relationships with peers
Boston, MA Headquarters - (NB) Only Pay Range: $70,600.00 - $90,500.00 - $110,400.00 Annual (actual base pay varying based upon, but not limited to, relevant experience, time in role, internal equity, geographic location, and more.)
Regular Associate Benefits
Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks – opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs – that encourage our associates to grow personally as they develop professionally. You’ll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword – it’s part of our culture.
Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.
Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.
Flexible Work Schedule
For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our North American hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while maintaining flexibility for associates. New Balance Associates currently work in office three days per week (Tuesday, Wednesday, and Thursday). Our offices are fully open, and amenities are available across our North American office locations. To continue our focus on hybrid work we have introduced “Work from Anywhere” (WFA) for four weeks per calendar year. This model will help us enhance our culture while continuing to maintain elements of flexibility.
Equal Opportunity Employer
New Balance provides equal opportunities for all current and prospective associates to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran, or any other protected status.
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