What are the responsibilities and job description for the Old Navy Sr. Analyst Old Navy Divisional & Control Finance position at BoF Careers?
About Old Navy
Forget what you know about old-school industry rules. When you work at Old Navy, you're choosing a different path. From day one, we've been on a mission to democratize fashion and make shopping fun again. Our teams make style accessible to everyone, creating high-quality, must-have fashion essentials for the whole family, with love, season after season.
We opened our first store in 1994 in San Francisco and have been on a roll ever since. We cultivate a community of playful personalities that thrive in a fast-paced environment where our employees can be their most authentic selves. Here, we're family.
About The Role
The Senior Analyst of Control & Divisional Finance (face of Finance with Old Navy leadership) supports the Old Navy monthly/quarterly close process as well as Old Navy headquarters expenses (payroll, benefits, travel, consulting, and multiple other account categories across several departments). This senior analyst will establish and maintain collaborative working relationships with Corporate Control, GBS Accounting team, ON FP&A Team, Corporate FP&A, Brand Expense Owners and Old Navy leaders.
What You'll Do
Coordinate monthly/quarterly close process to ensure timely and accurate deliverables and close package
Serve as a resource to Old Navy Finance team on accounting guidance and control processes and procedures
Review contracts, marketing programs, donation programs, etc. for accounting items and ensure items are accounted for properly
Coordinate the annual budget/LRP with executive leaders and cross-functional business partners, and ensure accuracy of budget uploads
Manage monthly forecasting process across multiple departments
Manage close processes, ensure completeness of accruals/prepaids and explain variances to forecast to Corporate FP&A
Manage ON bonus population and coordinate with Corporate
Work super closely with HR to track headcount changes and assess related financial impact of risks
Develop and maintain effective relationships with executive leadership team
Provide financial and business support to Leadership Team
Present monthly results to executive leadership across multiple departments and partner with them to drive cost savings and identify creative solutions to manage expenses
Analyze variances and proactively implement opportunities for improvement
Perform a variety of business analysis that will be driven by Corporate Finance
Work closely with functional areas to understand business flow and key drivers that affect divisional expenses
Manage forecast and reporting tools and identify process improvements
Who You Are
Bachelor's degree in Finance, Accounting or related field. MBA/CPA a plus
Strong knowledge of financial and accounting concepts
Minimum 3 years work experience in financial analysis, accounting or auditing
Strong working knowledge of Access, Word, Excel and PowerPoint
Excellent communication and interpersonal skills, including the ability to interface with all levels of
management and articulate financial concepts to business partners outside of finance in a clear and concise
manner
Knowledge of Anaplan, Workday, Oracle financial systems, Narrative and Essbase a plus
Proven analytical ability and creative problem-solving skills
Organized and detail oriented
Passion, energy and enthusiasm to drive results with a team-oriented approach
Benefits At Old Navy
Salary Range: $96,700 - $125,700 USD
Employee pay will vary based on factors such as qualifications, experience, skill level, competencies and work location. We will meet minimum wage or minimum of the pay range (whichever is higher) based on city, county and state requirements.
Forget what you know about old-school industry rules. When you work at Old Navy, you're choosing a different path. From day one, we've been on a mission to democratize fashion and make shopping fun again. Our teams make style accessible to everyone, creating high-quality, must-have fashion essentials for the whole family, with love, season after season.
We opened our first store in 1994 in San Francisco and have been on a roll ever since. We cultivate a community of playful personalities that thrive in a fast-paced environment where our employees can be their most authentic selves. Here, we're family.
About The Role
The Senior Analyst of Control & Divisional Finance (face of Finance with Old Navy leadership) supports the Old Navy monthly/quarterly close process as well as Old Navy headquarters expenses (payroll, benefits, travel, consulting, and multiple other account categories across several departments). This senior analyst will establish and maintain collaborative working relationships with Corporate Control, GBS Accounting team, ON FP&A Team, Corporate FP&A, Brand Expense Owners and Old Navy leaders.
What You'll Do
Coordinate monthly/quarterly close process to ensure timely and accurate deliverables and close package
Serve as a resource to Old Navy Finance team on accounting guidance and control processes and procedures
Review contracts, marketing programs, donation programs, etc. for accounting items and ensure items are accounted for properly
Coordinate the annual budget/LRP with executive leaders and cross-functional business partners, and ensure accuracy of budget uploads
Manage monthly forecasting process across multiple departments
Manage close processes, ensure completeness of accruals/prepaids and explain variances to forecast to Corporate FP&A
Manage ON bonus population and coordinate with Corporate
Work super closely with HR to track headcount changes and assess related financial impact of risks
Develop and maintain effective relationships with executive leadership team
Provide financial and business support to Leadership Team
Present monthly results to executive leadership across multiple departments and partner with them to drive cost savings and identify creative solutions to manage expenses
Analyze variances and proactively implement opportunities for improvement
Perform a variety of business analysis that will be driven by Corporate Finance
Work closely with functional areas to understand business flow and key drivers that affect divisional expenses
Manage forecast and reporting tools and identify process improvements
Who You Are
Bachelor's degree in Finance, Accounting or related field. MBA/CPA a plus
Strong knowledge of financial and accounting concepts
Minimum 3 years work experience in financial analysis, accounting or auditing
Strong working knowledge of Access, Word, Excel and PowerPoint
Excellent communication and interpersonal skills, including the ability to interface with all levels of
management and articulate financial concepts to business partners outside of finance in a clear and concise
manner
Knowledge of Anaplan, Workday, Oracle financial systems, Narrative and Essbase a plus
Proven analytical ability and creative problem-solving skills
Organized and detail oriented
Passion, energy and enthusiasm to drive results with a team-oriented approach
Benefits At Old Navy
- Merchandise discount for our brands: 50% off regular-priced merchandise at Old Navy, Gap, Banana Republic and Athleta, and 30% off at Outlet for all employees.
- One of the most competitive Paid Time Off plans in the industry.*
- Employees can take up to five "on the clock" hours each month to volunteer at a charity of their choice.*
- Extensive 401(k) plan with company matching for contributions up to four percent of an employee's base pay.*
- Employee stock purchase plan.*
- Medical, dental, vision and life insurance.*
- See more of the benefits we offer.
- For eligible employees
Salary Range: $96,700 - $125,700 USD
Employee pay will vary based on factors such as qualifications, experience, skill level, competencies and work location. We will meet minimum wage or minimum of the pay range (whichever is higher) based on city, county and state requirements.
Salary : $96,700 - $125,700