Overview
This role supports financial planning, analysis, and reporting activities focused on inventory accounting, cost of goods sold (COGS), and overall financial performance within a diamond sourcing division. The Senior Data Analyst will maintain accurate financial reporting, improve visibility into key metrics, and support decision-making processes. Reporting to the Senior Manager of Finance, this position collaborates with cross-functional teams to optimize inventory management, gross margin, and operational efficiency.
Responsibilities
- Analyze and report on key financial metrics including inventory balances, inventory reserves, gross margin, and COGS; identify trends, risks, and opportunities
- Prepare and deliver monthly, quarterly, and ad-hoc financial reports to support management decisions
- Assist with month-end close activities such as journal entries, account reconciliations, and variance analyses related to inventory and COGS
- Support forecasting, budgeting, and variance analysis with actionable insights into operational and financial performance
- Develop and maintain dashboards, reports, and KPIs to enhance visibility into financial and operational results
- Collaborate with operations teams to maintain physical inventory accuracy and resolve discrepancies
- Analyze inventory transactions including roll-forwards, cost variances, and obsolescence reserves
- Partner with supply chain and operations to ensure accurate COGS reporting and inventory valuation
- Provide insights on inventory turnover, shrinkage, and operational inefficiencies with recommendations for improvement
- Manage pricing and costing data infrastructure, maintain pricing grids, and integrate data sources to support costing teams
- Develop advanced SQL queries and data pipelines to consolidate datasets for scalable analysis and consistent reporting
- Build analytical models, improve automation and standardization, and ensure timely, accurate operational and financial data for leadership
- Identify and implement process improvements to streamline financial workflows and enhance data accuracy
- Support design of workflows and tools to improve inventory management and financial reporting
- Collaborate with cross-functional teams to establish best practices aligned with corporate objectives
- Serve as a trusted business partner to supply chain, operations, and accounting departments by providing financial insights and recommendations
- Prepare documentation for internal and external audits and ensure compliance with SOX controls
- Work with IT and ERP teams to optimize systems for financial and inventory reporting
Requirements
- Bachelor’s degree in Finance, Accounting, Business, or Economics
- 3-5 years of financial analysis and accounting experience, preferably in inventory, COGS, or related fields
- CPA or CMA certification is a plus
- Experience in retail, wholesale, or e-commerce environments preferred
- Strong knowledge of US GAAP with focus on inventory and COGS accounting
- Hands-on experience with ERP systems (SAP preferred) and financial reporting tools
- Advanced analytical skills with ability to interpret complex data and recommend actions
- Proficiency in Excel
- Experience with data visualization and analytics tools such as Tableau, Alteryx, and/or Power BI
- Excellent verbal and written communication skills, capable of presenting findings to senior stakeholders
- Meticulous attention to detail and accuracy in financial reporting and analysis
- Ability to build strong cross-departmental relationships and collaborate effectively
- Comfortable working in a dynamic, fast-paced environment with changing priorities
Compensation & Benefits
- Salary range: $100,000 - $120,000 (base pay varies by geographic region, internal equity, knowledge, skills, and experience)
- Comprehensive healthcare, dental, and vision insurance effective from day one
- Generous 401(k) matching after one year
- Paid time off plus seven holidays
- Employee discounts on premium merchandise
- Learning and development programs to support career growth
Location
Not specified in the original description.