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Financial Analyst
Best Buy Minneapolis, MN
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$76k-94k (estimate)
Full Time Just Posted
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Best Buy is Hiring a Financial Analyst Near Minneapolis, MN

Job Description
As a Financial Analyst , you'll be supporting one of several functional areas including but not limited to Merchandising, Marketing, Digital and Technology, Selling Channels, Supply Chain, Real Estate, Enterprise Finance, Financial Services or Capital. The focus of the Finance Analyst will be on driving financial performance through effective planning, analysis, and performance management. These highly collaborative and cross functional roles provide ample opportunity to have a meaningful impact on Best Buy's growing business.
This role is hybrid, which means you will be required to work some days on-site at the Best Buy location listed on this posting and some days virtually from home or other non-Best Buy location. The specific work arrangements vary by role and team. The recruiter or hiring manager will provide more details during the hiring process.
What you'll do
  • Support our financial rhythms including monthly forecasts, month-end variance analysis, management reporting, annual budgeting, and long-range financial planning.
  • Gather data, work with spreadsheets and financial models and develop a solid understanding of the relevant functional area.
  • Provide input into financial statement analysis and decision-making processes.
  • Identify areas for process improvement and provide ideas to leaders.
  • Cultivate finance/business relationships, which include learning the business, responding to evolving priorities and understanding the impacts of decisions on key stakeholders.
Basic qualifications
  • 6 months or more of experience in Finance, Accounting, or related field
  • Basic proficiency using Microsoft Suite (Outlook, Word, Access, Excel)
Preferred qualifications
  • Bachelor's Degree or 3 years of experience in Finance, Accounting, or related field
  • High level of ethics, integrity, judgment, discretion, and confidentiality
  • Ability to thrive in a collaborative and cross-functional team environment
  • Intermediate proficiency using Microsoft Excel (Vlookups, Sumifs, Pivottables)
  • Strong analytical, written, and verbal communication skills
  • Detail oriented with ability to spot and resolve issues
  • Proactive, self-starter who can work independently within set objectives
What's in it for you
We're committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it, especially key moments in your life.
Our benefits include:
  • Competitive pay
  • Generous employee discount
  • Financial savings and retirement resources
  • Support for your physical and mental well-being
About us
As part of the Best Buy team, you'll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life - in our stores, online and in customers' homes.
Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We're committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here.™
Best Buy is an equal opportunity employer.
Benefits
Best Buy offers a range of benefits to support your overall well-being, as outlined in the Benefits Guide. Eligibility may vary.

Job Summary

JOB TYPE

Full Time

SALARY

$76k-94k (estimate)

POST DATE

07/08/2024

EXPIRATION DATE

07/21/2024

WEBSITE

bestbuy.com

HEADQUARTERS

RICHFIELD, MN

SIZE

>50,000

FOUNDED

1966

TYPE

Public

CEO

CORIE S BARRY

REVENUE

$10B - $50B

INDUSTRY

Retail

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About Best Buy

Best Buy owns and operates a chain of retail stores that offers consumer electronics and appliances.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

02/23/2022: Mcallen, TX

Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

02/10/2022: Newark, NJ

Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

12/27/2021: Dallas, TX

They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

12/11/2021: Manchester, NH

Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

12/07/2021: Baltimore, MD

Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

03/03/2022: Omaha, NE

To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

12/27/2021: Youngstown, OH

Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

12/11/2021: Burlington, VT

With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

03/06/2022: Burlington, VT

Step 3: View the best colleges and universities for Financial Analyst.

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