SUMMARY

The Corporate Financial Planning & Analysis (FP&A) Financial Analyst plays a key role on the Corporate FP&A Team, which owns the Company’s overall financial model and orchestrates the Company’s planning processes, including annual long-range and operational planning, quarterly reforecasting, weekly cash flow forecasting, as well as other ad-hoc scenario modeling. Additionally, this position will monitor and analyze key performance indicators, identify trends, and assess the financial impact of business initiatives. Alongside management, the Financial Analyst contributes to quarterly Board of Directors (BOD) presentation and the earnings release preparation processes.

The Corporate FP&A Team serves as a strategic thought partner to the Business and uses data and analytics as well as a unique, overall company perspective to assist in the development and execution of Company strategies. The team is responsible for making recommendations for improving operations, supporting data-driven decision making, identifying risks and opportunities, and providing insights to Company leadership.

JOB DUTIES

• Planning & Forecasting:
  • Assists in the orchestration of the Company’s planning processes, including annual long-range and operational planning, quarterly reforecasting, weekly cash flow forecasting, as well as other ad-hoc scenario modeling. Partners cross-functionally with Finance, Accounting, and Business Teams in the development and execution of planning calendars and timelines.
  • Assists in the management of the Company’s overall financial model used for the reporting and analysis of historical results as well as the modeling of short, medium, and long-term projections. The overall financial model includes the income statement, balance sheet, cash flow statement, non-GAAP reconciliations, and other support schedules. Continuously assess for opportunities to optimize and enhance the financial model to improve speed and ease of update as well as the generation of more insightful outputs.
  • Updates forecast models using key drivers, trend analysis, economic and external factors, and strategic guidance from the Executive Leadership Team.
  • Reviews and challenges forecast assumptions to ensure projections are realistic, align with business strategies and goals, and appropriately consider known risks and opportunities.
  • Monitors the accuracy and predictability of forecast models and optimizes and enhances models accordingly.
  • Supports the monthly financial close process by researching drivers of material variances to forecast and prior year(s) and provides associated commentary on the financial statements.

• Reporting, Analysis, and Decision Support:
  • Assists in the quarterly BOD presentation preparation process. This includes the preparation of financial sections, working cross-functionally with various departments on business update sections, and ensuring overall consistency and quality control across presentation materials.
  • Assists in the quarterly earnings release preparation process. This includes partnering with the Chief Financial Officer, Senior Director, Finance & Treasury, Manager, Corporate FP&A, and the Company’s third-party investor relations partner in the development and execution of timelines as well as telling the story of the quarter through the preparation and review of earnings releases, management scripts, and Q&A documents.
  • Assists in the development of ad-hoc management, BOD, creditor, and investor presentations and reporting.
  • Serves as a strategic thought partner to the Business and uses data and analytics as well as a unique, overall company perspective to assist in the development and execution of Company strategies, making recommendations for improving operations, supporting data-driven decision making, identifying risks and opportunities, and providing insights to Company leadership.

• System and Process Improvement:
  • Supports the Manager, Corporate FP&A, Senior Director, Finance & Treasury, and Chief Financial Officer on various strategic initiatives and ad-hoc requests and analysis.
  • Assists in the system administration for the Company’s corporate planning system, Oracle EPM EPBCS, and assists with the maintenance of all financial master data. Continuously assesses for opportunities to better leverage the system to improve and transform processes as well as enhance work products.

EDUCATION & EXPERIENCE

Education Minimum: Bachelor's Degree - Finance or another related field

Experience Minimum: 0-2 years of experience in FP&A, with a focus on Corporate Finance

WORKING CONDITIONS

• This role requires in-person attendance 4 days a week at the Store Support Center (SSC) located in Hudson, OH. Flexibility to work remotely when requested is determined by management and business needs.
• Sit or stand at a workstation for extended periods while maintaining focus and productivity.
• Move around an office space and between buildings on a large campus, including reaching for files, retail product, supplies, or equipment, as well as the ability to adapt to various workstation setups.
• Work standard business hours and extended hours as needed based on task and project demands.
• Utilization of all communication styles - written, verbal, electronic options.
• Lift and carry office supplies, documents, retail product or equipment weighing up to 20 pounds as needed for tasks such as organizing or setting up workstations.

KNOWLEDGE, SKILLS & ABILITIES

• Comfortable leading meetings and driving conversations with all levels of the organization
• Excellent customer service skills while working with business partners
• Ability to synthesize and analyze large, complex data sets to form conclusions, tell the story of the data, and make recommendations
• Attention to detail with a high level of accuracy
• Proactive, self-starter who works well in a fast-paced environment
• Flexibility to changing business needs
• Strong verbal and written communication skills
• Excellent Microsoft Excel and PowerPoint skills
• Skillset with corporate performance management systems (i.e., Oracle EPM) is preferred

#LI-ZH1

This position will be located at:

5555 Darrow Road Hudson, OH 44236

Eligibility for benefits and incentives is dependent upon employment status. JOANN offers the following benefits and incentives to eligible Team Members:

• Medical, Dental and Vision benefit plans 
• Company-paid basic, Optional, and Dependent life insurance 
• Long-term disability and Company-paid Short-term disability 
• Paid Time Off and Sick Time  
• Tuition Reimbursement 
• Team Member Discount

For more details on benefits and eligibility requirements, Click Here or visit https://joann.myben.site/

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