Altra: Global Financial Analyst

Job Summary

The Financial Analyst, Global Altra will report to the Director of FP&A, Global Altra. The Analyst will prepare business performance analysis, reporting, and forecasting to support Global Finance, working closely with cross-functional teams to monitor progress against strategic growth initiatives.

About the Role

Develop an understanding of Altra global business and provide financial and decision-support analytics to the global leadership team to support key business initiatives and decisions. Partner with the Director to support the 5-Year rolling financial plan, drawing conclusions through financial analysis, and preparing presentations for executive leadership teams. Support financial modeling, develop an understanding of the global pricing architecture and cost framework, and support the monthly forecast, reporting, and analysis processes.

Responsibilities

• Understand the brand strategy and support in drawing conclusions through financial analysis
• Support in the preparation of presentations for executive leadership teams, quarterly financial review, and ad hoc requests and analysis through earnings and monthly/quarterly meeting cadence
• Support financial modeling and draw financial insights on product margin
• Support the monthly forecast, reporting and analysis, the annual operating plan, and the strategic plan processes
• Track and analyze actuals vs budget/forecast for the global SG&A budgets
• Support the global Go-to-Market (GTM) process and global leadership team in identifying gaps versus the 5-Year assumptions and updating rolling models based on adjustments to growth initiatives and assortment
• Create and maintain standardized tools that enable the team to execute the consolidation of the brand’s global financials
• Partner with the global functions to ensure adherence to operating budgets and achieve annual SG&A savings goals to fuel further brand investment
• Monitor global brand costs and support the monthly close and reporting for the global cost centers by maintaining ownership of the monthly forecast and the annual plan process for these areas with a strong attention to detail
• Support the consolidation of product-level revenue reporting, supporting global Altra leaders and various GTM, GSM, and other commercial planning processes
• Support business partners with key strategic initiatives and ad hoc requests through data gathering, analytics, and by being a critical team member in pulling together business cases for review by Senior Management
• Analyze short-term (actual and forecast) and long-term (annual plan and strategic plan) business trends in various channels utilizing KPIs from multiple sources across the business
• Drive enhancements in financial reporting and analysis as well as requisite system requirements
• Provide ad-hoc analytical support, including reports, presentations, and special projects as needed

Requirements

• Degree in Finance, Accounting or Economics
• MBA, CFA or CPA is a plus but not required
• Strong financial background; exceptional analytical and modelling skills
• 0 to 2 years of experience in the FP&A function at a multinational company, preferably in consumer-related or retail industries

Qualifications

• Target industry experience does not need to be limited to apparel retailers
• Must be able to function in a fast-paced environment with evolving business needs strategic thinking and problem-solving skills
• Location requirement: hybrid role, 3 days in office

Skills

• Project management skills: efficiency, organization and collaboration, able to keep track of multiple streams of work
• Ability to handle multiple tasks in a dynamic environment and to be a team player
• Highly organized, detailed-oriented and achievement-oriented, with exceptional analytical skills
• Business acumen: understanding of the product lifecycle and ability to think creatively, with high foresight and holistic strategic mindset
• Strong analytical ability and critical thinking skills that would enable thoughtful analysis and interpretation of financial results and identification of key business issues underlying the numbers
• Strong interpersonal skills as well as ability to collaborate as a cross-functional team player
• Knowledge and experience in financial concepts, budgeting, and forecasting with strong financial modelling skills
• Experience with ERP systems and financial reporting tools
• Proficient in Excel; advanced PowerPoint, data management and reporting skills
• Strong appreciation for culture in a values-driven business
• Ability to effectively present findings to management in a clear and concise manner
• Excellent verbal and written communication skills, including ability to communicate complex ideas in a simple way