What are the responsibilities and job description for the Sr. Financial Analyst - Cost Finance (COGS) position at The Home Depot?
Req141097
Position Purpose
The Cost Finance team works with merchandising partners to ensure The Home Depot is paying the lowest cost for the best product possible to advocate for value for our customers. This position leverages economic and commodity data and financial analyses to analyze supplier cost increase requests, identify proactive opportunities for cost reductions, and supports Merchants with cost and profitability analytics in Product Line Reviews. This role will also help implement and drive company tariff mitigation strategy by working with merchandising and supply chain partners.
Key Responsibilities
Position Purpose
The Cost Finance team works with merchandising partners to ensure The Home Depot is paying the lowest cost for the best product possible to advocate for value for our customers. This position leverages economic and commodity data and financial analyses to analyze supplier cost increase requests, identify proactive opportunities for cost reductions, and supports Merchants with cost and profitability analytics in Product Line Reviews. This role will also help implement and drive company tariff mitigation strategy by working with merchandising and supply chain partners.
Key Responsibilities
- 25% Oversee the administration of financial policies.
- 25% Conducts special financial studies and coordinates with other departments in the preparation of statistical studies.
- 25% Performs internal and external economic research and analyzes issues related to specific financial metrics to ensure competitiveness
- 5% Compiles or prepares reports, graphs and charts of data developed.
- 10% Recommends changes in financial analysis methods or procedures.
- 10% Assists and supervises Financial Analysts in the daily preparation and conduct of their work.
- This position typically reports to a Director or Sr Director
- Typically requires highly developed interpersonal skills for dealing with sensitive or controversial situations.
- Typically faces situations that are unstructured and require original approaches.
- Typically considers new approaches within general policies and short-term goals when solving problems.
- Typically, once given general assignments, determines priorities and defines what should be done and how to do it.
- Typically requires overnight travel less than 10% of the time.
- Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.
- Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
- Under constant pressure to continuously meet tight deadlines, demanding quotas and/or must regularly deal with difficult situations.
- Must be eighteen years of age or older.
- Must be legally permitted to work in the United States.
- A Bachelor' s degree in Accounting, Finance or related field is preferred.
- Three to five years of experience is preferred.
- The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.
- No additional education
- 3
- No additional years of experience
- None
- None
- None
- Oral and written communication skills
- Accounting or Finance experience.
- Analytical skills
- Problem solving skills