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Sr. Financial Analyst, IT (Remote)

DATE:  Jun 26, 2024
CITY:  Columbus
BRAND:  Designer Brands
REQ #:  144688
LOCATION NAME:  Home Office, Columbus
DEPARTMENT:  Information Technology

The Senior Financial Analyst, IT supports the DBI Information Technology department and collaborates with key stakeholders to manage financial budgets/projections and enhance overall financial oversight. This position plays a crucial role in optimizing financial processes within the IT department while fostering a culture of effective budget management. The Senior Financial Analyst works closely with accounting, procurement, and finance departments to ensure adherence to enterprise processes and frameworks, particularly month-end close and bi-weekly projection processes.

 

Reports To: Sr Director, IT Administration and Corporate Systems Development

 

Essential Duties and Responsibilities:

  • Manage the annual budget and bi-weekly projection processes for IT expenses and capital expenditures, analyzing and communicating variances to IT and Finance leadership.
  • Represent IT in finance leadership ceremonies to provide financial insights, drive the resolution of departmental financial risks and opportunities, and ensure alignment with budget and projection metrics.
  • Collaborate with the Accounting department on month-end close and related processes, ensuring accurate capitalization of IT labor and precise tracking of prepaid and accrued IT expenses.
  • Work with Accounting, Procurement, and IT Leadership to ensure proper IT project classification and adherence to cloud computing accounting rules.
  • Manage the IT purchase order request process, ensuring appropriate categorization/accounting and alignment with financial projections. Manage the month-end purchase order receipt process to ensure appropriate accruals.
  • Oversee the IT capital project request/entry process, ensuring alignment with financial projections and cloud computing accounting standards.
  • Develop and maintain IT policies, procedures, and standards that align with organizational objectives, enhance operational excellence, and promote effective budget management and continuous improvement within the IT department.
  • Shape and manage processes, tools, ceremonies, artifacts, and decision-making frameworks that facilitate the prioritization, sequencing, and financial projection of technology initiatives.
  • Develop effective and collaborative relationships with functional business partners, identifying key opportunities, and communicating actionable analysis.
  • Provide standard and ad hoc financial analysis and reporting to support effective leadership decision-making.

 

Required Skills and Competencies:

  • IT financial management experience, including the management of departmental budgets and forecasts, as well as familiarity with accounting principles pertaining to capitalization and cloud computing accounting standards.
  • Demonstrated relationship management skills with the ability to effectively communicate and collaborate with all levels of personnel.
  • Strong consultative skills with the ability to engage with stakeholders on a matrix basis, provide thought leadership, and influence decision-making processes.
  • Excellent written, verbal, and presentation skills, including experience creating compelling presentations for various audiences, including the Board of Directors. Experience creating highly visualized reports is also desirable.
  • Proficiency in collecting, analyzing, and interpreting data to make informed decisions.
  • Ability to facilitate conflict resolution and manage conflicts appropriately while maintaining a positive and collaborative work environment.
  • Excellent organizational skills with the ability to work independently and manage multiple assignments simultaneously.
  • Action-oriented with a high tolerance for ambiguity, able to adapt to changing situations and drive results.
  • Ability to coordinate and lead groups of people with different objectives and backgrounds from multiple functional areas.
  • Familiarity with IT project management methodologies and business analysis frameworks.
  • Strong analytical and problem-solving skills, able to identify and solve complex problems in a timely and effective manner.
  • Excellent Excel/financial modeling skills are required, with at least basic knowledge of PowerPoint and Word.

 

Qualifications

Experience: 

  • Minimum of 3-5 years’ work experience in a fast-paced environment, with a focus on accounting and/or financial management.
  • Experience in IT financial management and the optimization of related processes preferred.
  • Experience in the retail industry preferred.

 

Preferred Qualifications:

  • Knowledge of Oracle Finance/GL packages is valued but not required (Oracle EPM / Smart View, Oracle Fusion ERP).
  • Experience with Cloud computing accounting standards

 

Education:

  • Undergraduate (B.S./B.A.) degree is required with a preference for quantitative majors (Accounting, Finance, Economics, etc.).

ALREADY AN ASSOCIATE?

You must apply through our internal portal: 
click here

Why Choose A Career with Designer Brands?

Empowering associates and building strong teams poised to disrupt the retail and footwear landscape through positive change is at the core of who we are at Designer Brands.

  • Invested in helping our associates learn, develop, achieve and grow into strong leaders
  • Shared commitment to creating a culture fueled by engagement, excitement, optimism and fun
  • Dedicated to giving back and community involvement 

About Designer Brands:

Designer Brands Inc. is one of North America’s largest designers, producers and retailers of footwear and accessories. 

  • Designer Brands Inc. operates a portfolio of retail concepts in more than 640 locations under the DSW Designer Shoe Warehouse and the shoe co. brands. 
  • Designer Brands designs and produces footwear and accessories through Camuto Group, a leading manufacturer selling in more than 6,400 stores worldwide. 

 

 

 

 

 

 

 

 

 

 

 

IMPORTANT NOTICE:

We learned of a fake job offer scam where individuals are using a company’s name and branding to create emails and websites designed to trick individuals into providing personal information because they think they are applying for a job directly with the company. To combat this, companies are listing their legitimate hiring sites and communication methods. Our valid email addresses end in @dswinc.com, @designerbrands.com and @camutogroup.com. Two examples of non-legitimate email addresses are ones that end in @designerbrands.info or @designerbrands.work (do not  respond to interview requests or other messages from these).  If you are not certain about a communication or an information request, a good practice is to independently look-up a contact for the company (do not use the contact method listed in the request) to verify that you are contacting the right person and not being deceived. If you want to verify a Designer Brands’ related hiring request, please send a message to TalentAcquisition@hr.designerbrands.com.  Please know we are working to do what we can to stop these scams.


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