Associate, Commercial Office

Posted:
9/30/2024, 4:42:18 AM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

ABOUT SOTHEBY'S

Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby’s believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable and collaborative.

THE ROLE

This is a global and cross-functional role requiring superior analytic abilities and group management. You will liaise directly with senior business getters, senior management, and clients on major transactions. You will also analyze, plan, and implement new strategy projects to grow Sotheby’s along its existing and new business lines.

RESPONSIBILITIES

  • Financial
    • Develop deal structures and economics for complicated and high-value transactions to serve the needs of clients, counterparties, and Sotheby’s, both at auction and privately.
    • Serve as a key point of contact for all financial deals working directly with the Chief Financial Officer, Chief Commercial Officer, and Specialist Departments.
    • Track relevant outstanding and past transaction-related arrangements with clients globally in connection with Specialists, Business Directors, Legal, Finance, and Senior Management.
    • Adeptly guide and interface with business managers / directors, specialists, and clients on high volume, fast-paced transactions to promote thoughtful deal structuring and profitability.
    • Prepare and maintain materials to be presented to Senior Management and Board of Directors as updates on key initiatives.
  • Other projects
    • Perform deep-dive analyses into historical actuals against forecasts and plan.
    • Lead cross-functional strategic projects and collaborate with key stakeholders to streamline processes, further move into new business channels, and expand the digital landscape.
    • Perform ad-hoc analyses and various other reporting for Senior Management and Board of Directors.

IDEAL EXPERIENCE & COMPETENCIES

  • Bachelor degree and high prior academic standing.
  • Independent thinker who is capable of recognizing areas in need of improvement and develop short and long-term action plans to implement change.
  • 3-7 total years of experience.  Preferably with 2-3 years of experience in private equity, investing, investment banking, corporate finance, financial planning & analysis, consulting and/or related role.
  • Advanced MS Powerpoint and MS Excel skills are mandatory for this role, must be an MS Excel power user with advanced spreadsheet management/financial model building skills and ability to easily manipulate large volumes of data, build and use advanced macros/pivot tables/v- and h-lookups, etc.
  • Solid communication and interpersonal skills, ability to present a cohesive story or solution.
  • Must deal effectively with ambiguities, differing personalities, and be able to manage multiple projects through completion, often under tight deadlines. Flawless attention to detail and ability to consistently generate a high-quality work product.
  • Motivated, creative and conscientious self-starter who appreciates challenges and takes ownership to improve the status quo.
  • Prior art experience not required, but must exhibit an interest in the business and seek opportunities to initiate (without being instructed) new analysis or projects.
  • Must be focused on continuous improvement with an ability to add value and efficiencies across all current practices
  • For further questions about the role or to submit your resume, please reach out to [email protected]

The proposed base salary for this position ranges from $80,000-$105,000. In addition to base salary successful candidates are eligible to receive a discretionary bonus, as well as a competitive benefits package. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered.

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The Company is an equal opportunity employer and considers all applicants for employment without regard to race (including, without limitation, traits historically associated with race, such as natural hair, hair texture, and protective and treated or untreated hairstyles), color, creed, religion, sex, sexual orientation, marital or civil partnership/union status, national origin, age, disability, pregnancy, genetic predisposition, genetic information, reproductive health decision, sexual orientation, gender identity or expression, alienage or citizenship status, domestic violence victim status, military or veteran status, or any other characteristic protected by federal, state/province or local law. The Company complies with applicable state and local laws prohibiting discrimination in employment in every jurisdiction in which it operates.