Sr Financial Analyst

Overview

Experience something categorically different. With over 1,200 stores throughout the U.S., Ulta Beauty provides dynamic challenges for those who want to apply their financial acumen to increasing levels of complexity. Professional ownership. Diverse and evolving projects. Influence decisions and organizational direction as part of the daily experience of our Finance & Accounting associates.

If you want a collaborative environment where continual learning, career self-determination and trust are prioritized, where an engaged leadership provides support and guidance, Ulta Beauty aims to deliver greater levels of career satisfaction. Are you up for the challenge?

The Senior Financial Analyst - IT will perform a wide variety of financial services for the effective operation of the IT department. The Senior Financial Analyst will work closely with the Senior Manager & Director of IT Finance to handle complex financial responsibilities of the department. Key recurring areas of service include:

• Financial Analysis, Reporting & Forecasting
• Month-end close (accruals, journal entries, invoice support, etc.)
• Annual Business Planning
• Contracts Administration (SOW / CO Review)
• Ad hoc financial analysis / reporting

• Lead the preparation, management, and ongoing monitoring of IT budgets and financial forecasts.
• Partner with IT leaders to ensure accurate planning and tracking of capital and operating IT expenses.
• Prepare and deliver financial reporting for management, including executive presentations, KPIs, and metrics.
• Lead monthly financial forecast review meetings with Vice Presidents, Directors, and IT leadership; manage forecast changes and communicate updates.
• Prepare monthly financial presentations and clearly explain actuals versus forecast variances to executive stakeholders.
• Develop financial cost models (e.g., ROI, NPV) to support evaluation and prioritization of technology initiatives.

• Perform month end close activities including accruals, journal entries, reclasses as well as maintaining the prepaid schedules.
• Analyze actual results versus plan and provide clear explanations for material variances.
• Maintain detailed supporting analysis and respond to inquiries from Accounting and FP&A.
• Coordinate with vendors to monitor aging items and resolve invoice discrepancies or escalations.
• Support compliance with internal controls, audit requirements, and financial policies and procedures.

• Support IT department with annual business planning including creating financial templates, communication plans, financial updates to corporate strategy, FP&A and IT leaders
• Collaborate with IT leaders to identify areas of potential cost savings and optimization
• Develop and track key changes through the annual planning cycle

• Review IT contracts (SOWs & Change Orders) for legal compliance and accounting policy alignment (e.g. capital vs. expense).
• Work collaboratively with IT, Project Management, Procurement, and accounting teams

• Bachelor’s degree in accounting or finance
• CPA preferred
• 5+ years’ experience in financial analysis, with a focus on IT or technology related projects
• Knowledge of Fixed Assets is a plus
• Strong understanding of IT systems, software, hardware, and IT infrastructure costs
• Strong working knowledge of general accounting concepts, monthly close process, financial reporting, and GAAP concepts
• Ability to think strategically and understand the business impact of financial decisions in IT
• Experience in creating new processes and implementing across cross-functional partners
• Maintains high level of accuracy and attention to detail
• Strong written and verbal communication skills
• Strong analytical skills and the ability to present financial data in a concise and actionable manner
• Advanced in Excel; SAP or Ariba knowledge is a plus

The pay range for this position is $77,600.00 - $95,000.00 / Year with the opportunity for eligible associates to earn additional compensation pursuant to the Company’s bonus plan. Exact pay will be based on factors including, but not limited to relevant education, qualifications, certifications, experience,…