Manager Finance

Manager Finance

The Manager Finance is responsible for overseeing the financial operations and strategies within the Michaels organization. This role involves financial planning, budgeting, forecasting, analysis, and reporting. The Manager Finance will work closely with senior management to provide financial insights and support business decisions that drive profitability and growth.

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

Michaels offers a range of benefits to support team members and their families. Depending on position and eligibility, team members may have access to a 401(k) with employer match, an Employee Assistance Program, medical, dental, and vision coverage, telemedicine services, flexible spending accounts, commuter benefits, tuition assistance, adoption assistance, and various voluntary insurance options. All team members enjoy everyday perks such as employee discounts and access to partner discount programs. For a summary of benefits, visit the Michaels Benefits at a Glance page. For additional information regarding benefits, visit MIKBenefits.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).