Manager - Finance

The Manager - Finance is responsible for overseeing the financial operations and strategies within the Michaels organization. This role involves financial planning, budgeting, forecasting, analysis, and reporting. The Manager – Finance will work closely with senior management to provide financial insights and support business decisions that drive profitability and growth.

Major Activities

Financial Planning and Analysis:

• Develop and manage annual budgets and financial forecasts.
• Conduct variance analysis to compare actual results to budget and forecast.
• Prepare monthly, quarterly, and annual financial reports for senior management.

Financial Reporting:

• Ensure accurate and timely financial reporting.

Cost Management:

• Monitor and control operational costs to enhance profitability.
• Analyze cost structures and identify opportunities for cost savings.
• Implement cost control measures and track their effectiveness.

Business Partnering:

• Collaborate with department heads to provide financial insights and support.
• Help develop financial models to support new business initiatives and investments.

Team Leadership:

• Manage and mentor a team of finance professionals.
• Foster a culture of continuous improvement and professional development.
• Conduct performance evaluations and provide feedback.

Other duties as assigned

Minimum Education

• Bachelor’s degree or equivalent experience

Minimum Special Certifications or Technical Skills

• Proficiency in financial software and ERP systems (e.g., SAP, Oracle).
• Financial analysis and modeling
• Budgeting and forecasting
• Financial reporting
• Cost management

Minimum Type of Experience the Job Requires

• Minimum of 5-7 years of experience in financial management, preferably in the retail industry.
• Strong knowledge of GAAP and financial reporting requirements.
• Excellent analytical, problem-solving, and decision-making skills.
• Business partnering
• Compliance and risk management
• Team leadership and development
• Proficiency in financial software and ERP systems
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills

Other

• Strong communication and interpersonal skills.
• Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
• Leadership experience with a proven ability to manage and develop a team.

Preferred Education

• Bachelor’s degree in Finance, Accounting, Business Administration.
• MBA or CPA preferred.