Analyst, Financial Planning and Analysis

Job Description:

THE OPPORTUNITY

The FP&A analyst will support consolidated financial planning and analysis activities with a primary focus on the balance sheet and free cash flow. The analyst will assist in ensuring the accuracy of divisional submissions, consolidating balance sheet and free cash flow data for senior leadership review, and will provide variance analysis on actuals vs forecasts and budgets. Additionally, the role will support quarterly board financial preparation and provide support for P&L projections as needed. 

RESPONSIBILITIES

• Assist in the consolidation and review of balance sheet and free cash flow forecasts / budget roll-forward submissions, working with divisions to ensure accuracy.

• Maintain data within the PBCS balance sheet and free cash flow module for actuals, forecasts, and budgets.  Identify opportunities for process improvement and automation.

• Analyze actuals vs forecast/budget and provide insights with key explanations.  Collaborate with divisional finance teams to gather information on business drivers.

The role is based in the NYC office and requires being in the office three days per week. 
About Scholastic

For more than 100 years, Scholastic Corporation (NASDAQ: SCHL) has been meeting children where they are – at school, at home and in their communities – by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children’s books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children's media. As the world's largest publisher and distributor of children's books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com.

Some benefits that we offer:

• Full suite of health and wellness benefits (including a $0 deductible Medical Plan)

• Retirement Savings Plan 401(k) with options for both Roth and Traditional Contributions

• Tuition-Free programs for undergraduate and graduate degrees

• Generous Parental Leave Program

• Employee Stock Purchase Plan (ESPP) with opportunity for discounted stock at a 15% discount

Thank you for your consideration in choosing Scholastic.

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Qualifications

HOW YOU CAN FIT (Qualifications)

Knowledge, Skills, and Abilities:

• Strong understanding of direct and indirect free cash flow calculations

• Solid grasp of interactions between the P&L and Balance Sheet

• Proficiency in managing financial planning systems (e.g. Oracle PBCS)

• Strong excel skills, including handling large datasets

• Working knowledge of how to use SmartView for Excel to extract data from Fusion and PBCS.

Experience: 2-5 years

Education: Bachelor’s degree in Finance, Accounting, or a related fiel

Time Type:Full timeJob Type:RegularJob Family Group:FinanceLocation Region/State:New YorkCompensation Range:Annual Salary: 67,000.00 - 80,000.00EEO Statement:

Scholastic is an Equal Opportunity Employer. Our policy is clear: there shall be no discrimination on the basis of race, religion, color, sex, pregnancy, national origin, marital status, sexual orientation, gender identity or expression, age, non-disqualifying physical or mental disability, or status as a disabled veteran or Vietnam veteran. Those factors shall not influence the determination of qualifications for a job or other opportunity within the company. Further, all personnel actions (such as compensation, tuition aid, benefits, transfers, promotions, and dismissals, company-sponsored training, social and recreational programs) shall be administered without discrimination.

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EEO Scholastic Policy Statement

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