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Senior Financial Analyst - Contract



IT, Accounting & Finance
New York, NY, USA
Posted on Saturday, November 18, 2023

Job Description:


This role is focused on identifying savings opportunities and analyzing strategic decision impacts to Scholastic. This role also provides metrics and reporting support, enabling management improvement and performance measurement.


  • Responsible for reviewing all financial documents of vendors the manufacturing team is onboarding and working together to make sure the scales are in line to agreed terms.

  • Assisting the contracts team during negotiation with vendors on all cost related matters.

  • Work together with the manufacturing team to create and maintain a standardized cost scales for Scholastic that applies to all vendors.

  • Work with manufacturing to calculate the cost scales variances for the thousands of vendors after every period in support of standard costing.

  • Work with the demand planning team on budgeting/forecasting purchases by month

  • Assist the demand planning team with forecast related projections.

  • Create quarterly report of inflation impact on cost of product.

  • Work with other manufacturing finance team members on projecting changes to cost of goods

  • Assist the Supply Chain teams by providing tools and analysis best for form of printing (digital vs offset or domestic vs overseas)

  • Working with the manufacturing team to budget/forecast, calculate, track and create reports on rebates periodically.

  • Collaborate with the accounting team on cost actualization and entries that impact cost of goods and inventory.

  • Working with the supply chain team in calculating, tracking and reporting missed savings opportunities, and projecting potential savings.

  • Responsible for analyzing all vendor costs, formats and types of printing and all other financial ad hoc reports to support the supply chain team.


Scholastic Corporation (NASDAQ: SCHL) is the world's largest publisher and distributor of children's books, a leading provider of core literacy curriculum and professional services, and a producer of educational and entertaining children's media. The Company creates quality books and ebooks, print and technology-based learning programs for pre-K to grade 12, classroom magazines and other products and services that support children's learning both in school and at home. With operations in 14 international offices and exports to 165 countries, Scholastic makes quality, affordable books available to all children around the world through school-based book clubs and book fairs, classroom collections, school and public libraries, retail and online. True to its mission of 100+ years to encourage the personal and intellectual growth of all children beginning with literacy, the Company has earned a reputation as a trusted partner to educators and families. Learn more at www.scholastic.com.

Some benefits that we offer:

• 100% vested of 401(k) Retirement Plan after 5 years employment

• Up to 1M worth of supplemental Life Insurance

• Tuition Reimbursement

• Purchase Scholastic stock at a 15% discount

Thank you for your consideration in choosing Scholastic.


HOW YOU CAN FIT (Qualifications)

Knowledge, Skills, and Abilities:

  • Strong analytical ability is a must.

  • Advanced Microsoft Excel skills required (ex, pivot tables, macros, advanced index formulas).

  • Proven experience building reports and dashboards is required. Experience in Microsoft Power BI preferred.

  • Ability to combine information from multiple systems, including cloud data sources into an integrated reporting structure.

  • Experience creating and interpreting regression analysis preferred.

  • Excellent communication skills including written, verbal and interpersonal skills.

  • Self-motivated, resourceful and disciplined with the ability to work remotely while offices are closed.

  • Must be a team player, able to work collaboratively with others.

  • Multi-task oriented, efficient, and accurate under pressure.

  • Strong work ethic and desire to take ownership for delivering projects within required deadlines.

Experience and Education: Bachelor’s degree in Finance, Analytics, Business or related subject required. Master's degree is a plus.

Experience: A minimum of five years in a finance or data analytical role is required

Time Type:

Full time

Job Type:


Job Family Group:


Location Region/State:

New York

Compensation Range:

Annual Salary: 84,800.00 - 111,500.00

EEO Statement:

Scholastic is an Equal Opportunity Employer. Our policy is clear: there shall be no discrimination on the basis of race, religion, color, sex, pregnancy, national origin, marital status, sexual orientation, gender identity or expression, age, non-disqualifying physical or mental disability, or status as a disabled veteran or Vietnam veteran. Those factors shall not influence the determination of qualifications for a job or other opportunity within the company. Further, all personnel actions (such as compensation, tuition aid, benefits, transfers, promotions, and dismissals, company-sponsored training, social and recreational programs) shall be administered without discrimination.

EEO is the Law Poster

EEO Scholastic Policy Statement

Pay Transparency Provision