Senior Financial Analyst, Inventory & Cost

Location: Westerville, OH (Hybrid – 4 Days Onsite / 1 Day Remote) About 1-800-Flowers.com, Inc. For more than 45 years, 1-800-Flowers.com, Inc. has helped customers celebrate, connect, and express themselves through thoughtfully curated gifts and experiences. Our family of brands includes 1-800-Flowers.com, Harry & David, Cheryl’s Cookies, Personalization Mall, The Popcorn Factory, Shari’s Berries, Wolferman’s Bakery, and more. We're continuing to invest in technology, digital transformation, and Agile delivery practices to support our growing business. This is an opportunity to join a collaborative PMO organization and make a direct impact on how our technology teams deliver value across the enterprise. Position Overview The Sr. Financial Analyst - Inventory is responsible for providing financial support and analysis for inventory management across the supply chain network. This role partners closely with Operations, Merchandising, Procurement, and Accounting teams to optimize inventory investment, improve working capital performance, drive cost efficiencies, and support strategic business initiatives. The ideal candidate combines strong financial acumen with operational understanding to identify risks, opportunities, and actionable insights that improve inventory performance and profitability. What You'll Do Financial Planning & Analysis · Support annual budgeting, monthly forecasting, and strategic planning activities. · Develop and maintain financial models to support business decision-making. · Analyze inventory trends, stock levels, turns, aging, obsolescence, and carrying costs to provide actionable insights to deliver measurable business results. · Provide variance analysis and actionable insights regarding inventory performance against forecasts, budgets, and prior periods. Inventory & Costing · Monitor inventory investment and working capital performance across manufacturing facilities, distribution centers and fulfillment networks. · Identify opportunities to improve inventory productivity, reduce excess and obsolete inventory, and optimize inventory turns. · Partner with operations, procurement, and merchandising teams to balance customer service levels with inventory investment goals. · Analyze inventory reserves and ensure appropriate financial treatment in accordance with company policies. · Provide leadership and support for cycle counting and physical inventory processes. · Partner with operations and procurement to understand cost drivers at sku level. · Provide support for product costing and sku level margin analysis. Business Partnership · Serve as a collaborative finance partner to the Supply Chain organization. · Provide financial insights and recommendations to support inventory strategies, purchasing decisions, and network optimization initiatives. · Collaborate with cross-functional partners to understand and take actions on inventory-related risks and opportunities. · Support new product launches, seasonal planning, and inventory allocation decisions. Reporting & Analytics · Develop and maintain inventory KPI dashboards and management reporting. · Prepare monthly business reviews and executive presentations highlighting inventory performance and key drivers. · Leverage data analytics tools to build financial models to identify trends, root causes, and improvement opportunities. · Ensure data integrity and consistency across inventory reporting systems. Controls & Compliance · Support month-end close activities related to inventory accounting and reporting. · Partner with Accounting to reconcile inventory balances and reserve calculations. · Ensure compliance with internal controls, financial policies, and external audit. Continuous Improvement · Identify and implement process improvements to enhance inventory visibility, forecasting accuracy, and financial reporting efficiency. · Support automation initiatives and development of advanced analytics capabilities. · Participate in cross-functional projects focused on supply chain optimization, cost reduction, and operational excellence. Qualifications · Bachelor’s degree in Finance, Accounting, or related field; MBA preferred · 3-5 years of inventory and costing finance experience in supply chain, ideally within eCommerce or consumer goods. · Proven experience collaborating and building strong business partnerships in a fast-paced, transformational environment. · Advanced proficiency with financial modeling, forecasting, and analytics tools (Excel, dashboards/BI platforms). · Experience with Oracle EPM or SAP preferred · Excellent communication, analytical, and leadership skills; thrives in a fast-paced, matrixed environment. Why Join Us? Hybrid work model (4 days onsite / 1 day remote) Comprehensive medical, dental, and vision coverage 401(k) with company match Paid time off and company holidays Employee discounts across our family of brands Career growth opportunities within a leading eCommerce organization Exposure to enterprise-scale technology initiatives and executive stakeholders The expected salary for this position is $75,000 annually. Actual compensation will be determined based on experience, skills, internal equity, and other factors permitted by law. To support our commitment to being an employer of choice, we offer comprehensive and competitive health, wellness, and additional benefits to eligible full-time team members. Benefit eligibility may vary based on location, average hours worked, and length of service. Benefits may include*: Medical, dental, vision, life, and disability insurance for the associate and eligible dependents Flexible Spending Account (FSA) Health Savings Account (HSA) 401(k) retirement savings program Mental health resources and Employee Assistance Program (EAP) Paid vacation time (accrued based on hours worked and tenure) Paid company holidays Employee discount across our family of brands Potential eligibility for annual merit-based compensation increases, where applicable *Exact benefit terms, conditions, and eligibility requirements are governed by official plan documents and applicable law. The Company reserves the right to modify, amend, or terminate benefit plans and programs at any time. Qualifications · Bachelor’s degree in Finance, Accounting, or related field; MBA preferred · 3-5 years of inventory and costing finance experience in supply chain, ideally within eCommerce or consumer goods. · Proven experience collaborating and building strong business partnerships in a fast-paced, transformational environment. · Advanced proficiency with financial modeling, forecasting, and analytics tools (Excel, dashboards/BI platforms). · Experience with Oracle EPM or SAP preferred · Excellent communication, analytical, and leadership skills; thrives in a fast-paced, matrixed environment.