Full-Time
Sr Financial Analyst
Updated on 7/3/2025
Michaels
11-50 employees
Largest photographic supplier in Australia
No salary listed
Senior
Company Does Not Provide H1B Sponsorship
Irving, TX, USA
In Person
- Bachelor’s Degree in Finance, Accounting, Economics or a related field
- Advanced proficiency in MS Office skills (Work, Excel, PowerPoint, and Access) and financial software (e.g., SAP, Oracle, Hyperion)
- 5 years of finance experience in an FP&A function
- Strong understanding of financial statements with experience with forecasting and financial reporting
- Advanced excel skills and financial modeling required
- Excellent communication skills with the ability to present complex information clearly and concisely
- Proven experience collaborating with business teams and presenting to senior leadership
- Comfortable working in a fast-paced environment with evolving priorities
- Develop and maintain financial models to support strategic initiatives, new store openings, product/category analysis, and promotional planning.
- Conduct variance analysis to identify trends, risks, and opportunities.
- Provide detailed financial analysis and insights to support strategic decision-making.
- Support the preparation of annual budgets and rolling forecasts.
- Monitor budget performance and analyze deviations from plan.
- Collaborate with various departments to gather data and ensure accurate forecasting.
- Prepare and distribute financial reports for senior leadership and stakeholders.
- Analyze financial results, key performance indicators (KPIs), and variances against plan; provide actionable insights and recommendations. Develop and distribute management reports to support business operations.
- Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.
- Conduct profitability analysis of products, services, and business units.
- Identify and communicate financial trends and potential issues.
- Partner with cross-functional teams to understand business drivers and align financial goals.
- Participate in cross-functional projects to drive business improvements.
- Provide financial insights and recommendations to enhance business performance.
- Analyze and monitor cost structures to identify cost-saving opportunities.
- Support the implementation of cost control initiatives.
- Track and report on the effectiveness of cost management efforts.
- Lead or support special financial projects and initiatives as required.
- Provide ad-hoc financial analysis and support to various stakeholders.
- Other duties as assigned
- Knowledge of Essbase and/or Oracle Financials
- Prior retail experience a plus
Michaels is Australia's largest photographic supplier, located in Melbourne CBD, with a vast 2,200 m² store that spans three levels. The company specializes in a wide range of photographic equipment and supplies, catering to both enthusiasts and professionals. Its products include cameras, lenses, accessories, and more, all supported by a knowledgeable staff of over 60 employees who provide expert advice and customer service. What sets Michaels apart from its competitors is its extensive inventory, which is comparable to five specialty camera stores, and its commitment to customer satisfaction. Additionally, Michaels features a Media School and a Camera Museum, making it a popular destination for tourists and photography lovers. The company's goal is to be the go-to place for all things photography, ensuring that customers have access to the best products and services in the industry.
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Melbourne, Australia
Founded
N/A
Simplify's Take
What believers are saying
- Rising interest in film photography boosts sales of analog cameras and film.
- Content creation surge increases demand for high-quality cameras and accessories.
- Experiential retail trend aligns with Michaels' unique in-store offerings, attracting foot traffic.
What critics are saying
- Smartphone photography reduces demand for traditional cameras and equipment.
- Online giants like Amazon pose a competitive threat to specialized stores like Michaels.
- Digital content creation shifts consumer interest from traditional to versatile digital solutions.
What makes Michaels unique
- Michaels offers a unique in-store experience with its Media School and Camera Museum.
- The store's extensive range and depth of stock surpass typical specialty camera outlets.
- Michaels' knowledgeable staff provide exceptional customer service, enhancing the shopping experience.
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Benefits
Health Insurance
Paid Vacation
Paid Sick Leave
Professional Development Budget
Employee Discounts
Company News
Retailer Michaels launched a new store credit card, issued by Bread Financial.
96-year-old Melbourne retailer Michaels has introduced a new feature to its website enabling internet surfers to take a virtual tour of the iconic photography store.