About the role
Major Activities
Financial Planning and Analysis:
- Develop and manage annual budgets and financial forecasts.
- Conduct variance analysis to compare actual results to budget and forecast.
- Prepare monthly, quarterly, and annual financial reports for senior management.
Financial Reporting:
- Ensure accurate and timely financial reporting.
Cost Management:
- Monitor and control operational costs to enhance profitability.
- Analyze cost structures and identify opportunities for cost savings.
- Implement cost control measures and track their effectiveness.
Business Partnering:
- Collaborate with department heads to provide financial insights and support.
- Help develop financial models to support new business initiatives and investments.
Team Leadership:
- Manage and mentor a team of finance professionals.
- Foster a culture of continuous improvement and professional development.
- Conduct performance evaluations and provide feedback.
Other duties as assigned
Minimum Education
- Bachelor’s degree or equivalent experience
Minimum Special Certifications or Technical Skills
- Proficiency in financial software and ERP systems (e.g., SAP, Oracle).
- Financial analysis and modeling
- Budgeting and forecasting
- Financial reporting
- Cost management
Minimum Type of Experience the Job Requires
- Minimum of 5-7 years of experience in financial management, preferably in the retail industry.
- Strong knowledge of GAAP and financial reporting requirements.
- Excellent analytical, problem-solving, and decision-making skills.
- Business partnering
- Compliance and risk management
- Team leadership and development
- Proficiency in financial software and ERP systems
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
Other
- Strong communication and interpersonal skills.
- Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
- Leadership experience with a proven ability to manage and develop a team.
Preferred Education
- Bachelor’s degree in Finance, Accounting, Business Administration.
- MBA or CPA preferred.
Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.
At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration. As the leading destination for creating and celebrating in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit www.michaels.com.
At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit www.michaels.com.
Michaels is an Equal Opportunity Employer. We are here for all Team Members and all customers to create, innovate and be better together.
Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).
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Aplyr's read
Michaels Stores is a haven for DIY enthusiasts, employing diverse roles from creative framing designers to strategic operations managers.
What's promising
- •Michaels offers a wide variety of roles, from creative to operational, catering to diverse career interests.
- •The company is a leader in the arts and crafts retail sector, providing stability and growth potential.
- •Michaels' focus on DIY and seasonal products aligns with growing consumer trends towards personalization and creativity.
What to watch
- •Retail positions may require non-traditional hours, impacting work-life balance.
- •The arts and crafts market is competitive, posing challenges for market share retention.
- •Limited public information about employee benefits and career advancement opportunities.
Why Michaels Stores
- •Michaels specializes in arts and crafts, setting it apart from general retail chains.
- •The company offers unique roles like custom framers and event hosts, catering to niche interests.
- •Michaels' emphasis on DIY projects attracts a creative and enthusiastic workforce.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Michaels Stores
Michaels is a leading retailer of arts and crafts supplies, offering a wide range of products for DIY projects, home decor, and seasonal items.
