Forecasting & Planning Analyst II
Job Description
Assists in developing and maintaining the quarterly rolling forecast and prepares managerial reports for company variances. Manages and performs financial research and complex analysis of forecasts, accounting controls and policies, and initiatives for the area supported. Oversees and coordinates complex multi-department financial work-cycle initiatives, projects and assignments. Develops, recommends, implements and monitors performance standards, methodologies, measurements, systems, processes, reports and internal controls for compliance with financial regulations (U.S. and international) and for the business units, recommending changes as necessary.
Responsibilities
- Coordinates and assists with the development of the strategic plans, annual budgets, rolling forecasts, and capital plans for the supported area, ensuring forecasts align with company goals. Responsible for the maintenance of rolling forecast and keeping in line with reporting deadlines as directed by the Financial Planning team. Provides leadership with explanations for significant changes to the rolling forecast during and after the forecast has been finalized. Identifies discussion points and suggests options regarding next steps/plan changes/adjustments.
- Ensures company expenses are appropriately recorded in the General Ledger and expensed in the proper period. Performs detailed review of monthly financial reports and provides monthly and year-to-date variance explanations to business owners. Identifies opportunities for further research on variances and anomalies and aids with division requests for additional analysis, coordinating corrective action, if needed.
- Independently evaluates all models, metrics, forecasting techniques, and business processes and recommends modifications for better accuracy or efficiency as appropriate. Analyzes and interprets trends and variations from expectations and contributes analysis for VP- and Executive-level briefings, communications, and visualizations that articulate issues and drive actionable responses. Routinely monitors metrics and KPIs to drive financial and operational performance and provides interpretation and reporting for those metrics to the business.
- Participates in tactical and operational planning of company initiatives, projects, and alternative business decisions to assist with process or policy inquiries. Creates ad hoc complex financial models to analyze company objectives and provides manager with key insights and interpretations for inclusion in communication points to business partners.
- Develops close working relationships with those responsible for strategic planning and creating rolling forecast within the company, including key leaders, and serves as a finance resource to the company and its leadership team. Provides guidance for special accounting procedures and coordinates implementation of the new process or action.
Skills & Experience
Experience: 3+ years in accounting or finance
Education: Bachelor/University Degree in Accounting, Finance, or business related major
- Strong organizational, interpersonal skills, and time management skills. Ability to work independently with some supervision. Works with varying levels of employees within the company and responsible for communicating with some higher level employees.
- Maintains a general understanding of the Company’s financial policies and procedures and ensures that business partners adhere to these policies and procedures. Escalates issues when identified.
- Strong experience with Microsoft Office tools and proficiency in the use of PowerPoint, Excel, Access, and Word is required. Competent with the various systems necessary for the supported area with some supervision, including PeopleSoft financial modules, JD Edwards general ledger, Hyperion Planning, Ariba and Tableau. Position requires intermediate understanding of relevant digital tools/systems, including those mentioned above, and their relationship to the work performed. This position must also demonstrate the ability to independently research problems and an intermediate understanding of the downstream effect of these tools on other systems and processes.
- Experience with modeling, analytical and problem solving techniques and ability to apply business knowledge to those techniques to support business decisions.
- Accurate with strong attention to detail.
- Excellent written and verbal communication skills and competent data visualization skills.
To save time applying, Mary Kay Inc does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time.
Company Overview
Looking for a career where you can make a difference?
At Mary Kay we are committed to enriching the lives of women and their families around the world, we offer careers with unlimited opportunities to do something beautiful every day. More than 5,000 employees work in locations around the world. They provide the products, marketing and other support to millions of Independent Beauty Consultants (IBCs) who work as independent contractors, selling our products directly to consumers in nearly 40 markets on five continents.
We are a company that believes in our people and cares for them with truly exceptional benefits. We offer:
- A comprehensive health plan which includes medical, dental, and vision with low premiums
- 401(k) plan
- A generous profit-sharing program
- Free access to on-site fitness center and on-site clinic
