Financial Analyst

Support Center - Irving The Financial Analyst at Michaels is responsible for supporting the financial planning, analysis, and reporting functions of the organization. This role involves preparing financial reports, conducting variance analysis, and assisting in budgeting and forecasting processes to help the company achieve its financial objectives.

• Assist in the development and maintenance of financial models for budgeting, forecasting, and long-term planning.
• Conduct variance analysis to identify trends, risks, and opportunities.
• Provide support for financial analysis and insights to aid in strategic decision-making.

• Assist in the preparation of annual budgets and periodic forecasts.
• Monitor budget performance and analyze deviations from plan.
• Collaborate with various departments to gather data and ensure accurate forecasting.

• Aid in preparation of monthly, quarterly, and annual financial reports.
• Analyze financial statements and key performance indicators (KPIs).

• Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.
• Conduct profitability analysis of products, services, and business units.
• Identify and communicate financial trends and potential issues.

• Work closely with business unit leaders to understand their financial needs and provide support.
• Participate in cross-functional projects to drive business improvements.
• Provide financial insights and recommendations to enhance business performance.

• Analyze and monitor cost structures to identify cost-saving opportunities.
• Assist in the implementation of cost control initiatives.
• Track and report on the effectiveness of cost management efforts.

• Support special financial projects and initiatives as required.
• Provide ad-hoc financial analysis and support to various stakeholders.

• Bachelor's Degree in a related field, or equivalent experience

• Strong proficiency in MS Office skills (Work, Excel, PowerPoint, and Access) and financial software (e.g., SAP, Oracle, Hyperion).

• Minimum of 2-4 years of experience in financial analysis, preferably in the retail industry.
• Budgeting and financial planning
• Business partnering
• Excellent analytical, problem-solving, and critical-thinking skills.
• Strong communication and presentation skills.
• Ability to work independently and as part of a team.
• Detail-oriented with a high level of accuracy.
• Power BI

• Bachelor’s degree in a related field

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  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.

• 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
• various voluntary insurance options
• employee discounts
• access to partner discount programs

For a summary of benefits, visit the Michaels Benefits at a Glance page. For additional information regarding…