Senior Financial Analyst Job at Newell Brands
Position Title: Senior Finance Analyst – Contigo & Bubba Beverage
Location: Chicago, IL
Reports To: Beverage Senior Manager, US Finance
Background
This position will be accountable for the financial oversight of the US Contigo & Bubba Beverage business within the Outdoor & Recreation Business Unit at Newell Brands. The Outdoor Equipment business leverages the Contigo™ and Bubba™ brands to compete in multiple consumer categories including Hydration, Thermal, and Kids. We are an omni-channel business that competes across diverse retail outlets including Mass Merchandisers, eCommerce, Club, Outdoor Specialty, and Direct to Consumer. This position will work cross functionally with Product Marketing, Brand Marketing, Sales and Supply Chain to drive profitable growth across these categories and brands.
Job Summary
This position will report to the Sr Manager of Beverage Finance for the Outdoor & Recreation Business Unit and provide critical finance and commercial support to the business. This will include overall brand P&L and working capital management; monthly performance analysis; planning & forecasting, investment ROI analysis, A&P management, gross margin optimization analysis including – mix, product assortment, pricing, etc. This person will primarily be a support to the marketing / brand management teams but will also have great influence over decisions on the go-to-market channel strategy, helping the organization to make profitable, fact-based strategic decisions. This position will provide insights into current process, recommend areas for improvement and be proactive in creating tools that will drive improved business decisions.
Responsibilities
- Commercial Support - Key strategic partner to brand management / category marketing teams to provide financial insights which will drive profitable growth and improved cash conversion cycle for the US Outdoor Equipment business, including category P&Ls, price/volume/mix analysis, DSO & inventory forecast analysis, etc.
- Marketplace – Partner with key cross-functional to monitor the brand/category marketplace including Newell POS performance, marketshare, and category growth trends. Recommend actions based upon insights from trends.
- Pricing – Work in conjunction with category marketing to establish MSRP and customer pricing based on market conditions. Monitor the competitive landscape and cost inputs/inflation to lead pricing analytics and recommendations.
- Innovation – Support a robust category centric innovation process that includes identifying marketplace opportunities, quantifying size of opportunity in sales and profit, determining make vs buy recommendations, and establishing initial pricing recommendations.
- Investments – Conduct Advertising & Promotion pre and post investment ROI analytics and understand Media Mix Model findings to make recommendations for future investment strategies
- SKU / Assortment – Analyze existing SKU performance against key metrics and recommend changes to future assortment plans based upon historical performance and future new product launch plans
- Working Capital – Holistically support managing and optimizing working capital including inventory. This includes portfolio optimization through sku rationalization, establishing product life-cycle expectations, and monitoring excess & obsolete inventory and establishing sell-through recommendations.
- Financial Accuracy / Internal Controls – Overall oversight for the financial accuracy of the brand / category P&L’s. Foster a strong internal control environment including internal and external audit support plus the enforcing and adherence to the schedule of authority for pricing and investment decisions.
- Coaching / Team Development – Provide coaching to finance and non-finance team members to increase organization’s financial acumen. Grow and develop 3 direct reports through robust skills assessment and develop plans to foster their ability for career progression at Newell Brands.
Qualifications
- Undergraduate Degree in Accounting, Finance, or related field
- Minimum 4+ years of experience in finance/accounting
- Experience in a Consumer Goods environment preferred
- Previous Commercial/Sales finance experience preferred
- Effective communicator with various levels of the organization
- Exhibits strong personal accountability & attention to detail
- Comfortable working with and analyzing large amounts of data
- Articulates views in a clear and concise manner
- Ability to learn new financial information systems and data and to work between various IT systems efficiently and accurately
- Advanced computer skills in Microsoft Office including Excel and PowerPoint programs
- Experience with SAP preferred
Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, FoodSaver, Calphalon, Sistema, Sharpie, Paper Mate, Dymo, EXPO, Elmer's, Yankee Candle, Graco, NUK, Rubbermaid Commercial Products, Spontex, Coleman, Campingaz, Oster, Sunbeam and Mr. Coffee. Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind. Newell Brands and its subsidiaries are Equal Opportunity Employers and comply with applicable employment laws. EOE/M/F/Vet/Disabled are encouraged to apply.
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