Newegg

Purpose of Job

The Sr Director of Financial Planning Analysis will direct and manage the organization's budgeting, forecasting and financial analysis and reporting functions, review and approve recommendations for financial planning and control, and present relevant information to executive management.

Job Description

• Manage the organization’s annual budgeting process and proactively improve the budget control and monitoring process
• Prepare monthly forecast and any ad hoc financial scenario analyses required by management
• Manage the monthly reporting process by business segment, including business units, sales channels, country & category financial performance against prior year, forecasts and budget, and provide insights to analyze variances of key financial metrics
• Monitor monthly sales revenue and expenses against budget and communicate variances to department heads and executives
• Collaborate with the management team on the strategic planning process, including potential mergers & acquisitions to assess financial feasibility of strategic ventures
• Perform cash flow forecast on a weekly basis and provide recommendations to management
• Develop and implement procedures and systems to improve the budget preparation process and monitoring and presentation
• Participate as the finance representative on management teams for new businesses, product and project development
• Develop KPI and monitor incentive plans for business units
• Maintain integrity of financial databases and reports published by the FP&A team and proactively provide best practices recommendations
• Develop talent in the organization
• Other ad-hoc financial analyses as assigned

Job Requirements

• BA/BS in Accounting or Finance required.
• Operational and hands-on experience in corporate finance and financial modeling
• CPA/MBA a plus
• Minimum 7-10 years of corporate finance experience, including at least 5 years of budget and forecasting experience
• Retail/E-commerce industry a plus
• Minimum of 5 years of supervisory experience
• Highly proficient in Excel, Word and PowerPoint
• Familiar with TM1, SAP, BI Reporting and Planning a plus
• Knowledge of US GAAP, financial reporting and financial analysis
• Strong oral and written presentation/communication skills
• Strong analytical, organizational and problem solving skills
• Ability to exercise sound judgment and maintain confidential information

Essential Mental & Physical Function

• Sitting for extended periods is common
• Regular use of the telephone and company e-mail for company communication is essential

Supervisor Responsibilities

Yes

Equipment Used

Activities include extensive work at a computer monitor and/or calculator

Pay range $150k - $195K

Work Environment

• Good manual dexterity for the use of common office equipment such as computer terminals, calculator and copiers
• No heavy lifting is expected
• Job is performed indoors in a traditional office setting

Travel Requirements

TBD

#LI-MV2

Date Posted

Feb 29, 2024