Financial Analyst I

Who we are

Born in Brooklyn in 2002, West Elm is a global design company dedicated to transforming people's lives and spaces through creativity, style, and purpose. We create unique, modern and affordable home decor and curate a global selection of local, ethically-sourced and Fair-Trade Certified products, available online and in our 100+ stores worldwide.

Our home base is nestled down under the Manhattan Bridge in the DUMBO neighborhood of Brooklyn, NY, right above our flagship store. We are a dynamic, fast-paced brand with an exciting growth strategy. We value imagination, diversity and giving people the opportunity to explore, grow and shape our future. We look for innovative, smart and hard-working individuals who enjoy creative thinking and ingenuity. Help us carry out our mission of being a source of inspiration to our customers, creating a global community and tirelessly seeking ways to evolve our brand.

We are seeking a dynamic, entrepreneurial person for the West Elm's Brand Finance division. This position would be responsible for providing financial, analytical, and business support coordinating and consolidating financial inputs for short and long-term planning. Majority of focus will be applied to forecasting, analyzing and controlling Payroll and other metrics. This individual will also gain exposure to different aspects of the West Elm Brand by developing and running ad hoc financial and operational reporting that analyzes major growth initiatives for the organization. This position reports into the Brand Finance Manager.

Essential Functions

• Develop, manage and enhance operational Store Payroll models for monthly forecasts, annual budgets, and long range plans
• Collaborate extensively with partners throughout the business and in the field to actively manage Store Payroll and other retail metrics, including preparation of hindsight analytics for executive partners
• Develop new reporting, budgeting, and financial management processes and models to enhance visibility and management of Store Payroll and other key retail metrics
• Work with Store Operations team to identify opportunities to enhance field financial accountability with systems enhancement and expanded payroll reporting tools; average hourly rate reporting, overtime management, payroll hours spend, etc.
• Become a functional expert in Workforce Management System and identify opportunities for enhanced reporting and functionality
• Perform month-end close, including expense accruals, journal entries, and P&L variance analysis with emphasis on margin and operating expenses
• Assist in the creation and distribution of daily, weekly, and monthly sales/ expense/profit performance reporting, allowing business partners to highlight key business driving indicators
• Develop and clearly communicate insightful financial analysis to evaluate and identify business issues, risks and profitability opportunities
• Work with various Corporate leaders to examine current financial and operational processes to identify areas of opportunity
• Any other essential functions that may occur from time to time as directed by supervisor

You...

• Love to work collaboratively in a group, you have an innate willingness to dig in and contribute with your team
• Are driven and motivated by the possibilities ahead
• Are a self-starter who appreciates challenges and takes initiative to improve the status quo
• Are a true business owner; comfortable with decision making and calculated risk taking for the benefit of your business
• Think innovation is critical in a business environment and support others in creative thinking
• Pride yourself on the quality of work and are a stickler for the details
• Challenge yourself and others to grow

Qualifications

• 2-4 years of experience in corporate finance, accounting, or similar technical analytical role; experience in FP&A, Store Finance or Operations preferred
• Bachelor's degree required, with preference in finance, accounting, or another business-related field
• Strong understanding and application of financial analysis concepts as well as a solid knowledge of Generally Accepted Accounting Principles (GAAP)
• Capacity to use rigorous logic and methods to solve problems with effective solutions
• Ability to work effectively and manage multiple projects with a high degree of ambiguity, often under tight deadlines. Strong sense of urgency and attention to detail, as well as excellent follow through, to deliver high quality work.
• Strong interpersonal, written and verbal communication skills
• Advanced Excel skills are mandatory for this role. Must be a power user with financial model building skills. Comfortable with manipulating large volumes of data using macros, pivots, or lookups
• Experience with corporate computerized budgeting/accounting systems (Hyperion Essbase, Lawson, Smartview, Oracle), workforce management systems, and Access or other database management systems preferred
• Retail industry experience preferred

Our Culture & Values

We believe that taking care of our people is vital to our success, and we strive to offer equitable and transparent practices for all. We prioritize connection, growth, and wellbeing.

People First

Putting People First means investing in overall well-being and opportunities to grow and advance within the organization. Depending on the position and location, here are a few highlights of what benefits may be available:

Benefits

• A generous discount on all WSI brands
• A 401(k) plan and other investment opportunities
• Paid vacations, holidays, and time off to volunteer
• Health benefits, dental and vision insurance, including same-sex domestic partner benefits
• Tax-free commuter benefits
• A wellness program that supports your physical, financial and emotional health

Continued Learning

• In-person and online learning opportunities through WSI University
• Cross-brand and cross-function career opportunities
• Resources for self-development
• Advisor (Mentor) program
• Career development workshops, learning programs, and speaker series

WSI will not now or in the future commence an immigration case or "sponsor" an individual for this position (for example, H-1B or other employment-based immigration).

This role is not eligible for relocation assistance.

Williams-Sonoma, Inc. is an Equal Opportunity Employer. Williams-Sonoma, Inc. will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance, or other applicable state or local laws and ordinances.

The expected starting pay range for this position is $65,000-$78,000. Applicable pay ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. In addition to competitive pay, compensation may include a variety of other components like benefits, paid time off, merit, and bonus opportunities.