Store Operations Financial Analyst Job at Lids, Indianapolis, IN

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  • Lids
  • Indianapolis, IN

Job Description

About Our Company

Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the US and abroad. Operating out of Indianapolis, IN, our retail stores offer officially licensed headwear and apparel from collegiate and professional sports teams, plus top brands like Nike, New Era, Lululemon, and Mitchell & Ness. In addition, to our wide assortment we are the industry leader in on demand customization.

We currently operate 1,300+ brick and mortar locations, including specialty concept stores for the NBA, NHL, Paris Saint-Germain, and the two largest MLB franchises, via our Yankees & Dodgers Clubhouse. Lids has built partnerships and collaborations with iconic global brands including Marvel/Disney, Playboy, Travis Scott’s Cactus Jack, and Post Malone. Creating a community where fans, fashion, and culture collide.

General Position Summary

The Store Operations Financial Analyst is a member of the Operations team and is tasked with the analysis of past and present financial and operational data of the organization along with forecasting future revenues and expenditures by applying principles of finance/accounting. The analyst is involved in the preparation of Store wages, KPI and traffic reporting, and forward-looking statements for the executive-level reporting package.

Principle Duties and Responsibilities

  • Support the Lids field operations team through involvement in operational finance activities relating to Key Performance Indicators (Store traffic data, Sales budgets, and Store conversion).
  • Forecast key business performance metrics and develop reporting to track, evaluate performance, identify opportunities, and project results.
  • Develop ad-hoc reports on an as-need basis and communicate key takeaways to senior leadership, District Sales Managers, including identifying opportunities or risks.
  • Partner closely with Lids District Sales Managers on performance results to find areas of opportunities to increase store performance.
  • Collaborate cross-functionally with the finance department and field staff to budget and allocate store wages and bonus.
  • Assists in identifying, developing, and analyzing new KPIs and key operational initiatives and makes recommendations to management for improvement in any aspects relating to increased store performance.
  • Aid in the development and maintenance of the long-range strategic forecast to provide the business with financial insight into current growth plans.
  • Create, analyze, and provide actionable data to answer business questions, while ultimately providing data-driven stories to improve results for Lids Retail Functions.
  • Perform other duties as assigned

Job Required Knowledge & Skills

  • Bachelor’s degree in accounting, finance, or economics
  • 0-2 years of experience in accounting and/or financial analysis
  • Retail experience or understanding the retail environment
  • Excellent proficiency in excel (can perform complex functions)
  • Proficient in MS Office and general ledger packages
  • Exceptionally proficient in cross-functional data sets and identifying trends/anomalies against expectations
  • An excellent communicator and a great team player
  • Intellectually curious and interested in understanding the impact and the “why” relating to different aspects of the role
  • Excited about working in a fast-paced environment with the opportunity to drive change

Reports To

  • Operations Planning and Analysis Manager

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. LIDS Sports Group maintains the right to modify all or part of any job description at its discretion to meet and or exceed the needs of the business.

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