Scholastic
Job Description:
THE OPPORTUNITY
The role will focus on FP&A and Labor Planning and Analysis, aligning with our new business needs.
RESPONSIBILITIES
Managing and reconciling workforce planning (WFP) data ensuring financial alignment as it pertains to the annual operating plan (AOP) and quarterly forecasting
Collaborate with business partners to create and effectively manage company-wide incentive planning process, in addition to developing effective reporting tools to support this initiative. This includes, but is not limited to, forecasting, managing and reconciling short-term incentive programs, retention, and other bonus programs. Report results compared to plan (monthly) and submit monthly forecasts to Treasury.
Serve as financial liaison for labor related matters/inquires that may ensue from discussions held between various business partners and HR (planning and actualization)
Collaborate with Finance and Executive business partners to create the annual operating plan (AOP) and quarterly forecasting. Create monthly reporting, including but not limited to, vendor spend and account analysis/reconciliation, and provide timely proactive feedback and recommendations for cost containment (for approximately 10 department heads)
Finance liaison for health and welfare costs supporting both internal and external partners (3rd party vendors). This includes, but not limited to, the following key responsibilities:
Liaison with United Healthcare, Surest, and Express Scripts to analyze costs while complying with HIPPA regulations
Stop loss analysis
Collaboration with Corporate Benefits
Tracking and analysis of other health & welfare expenses
Booking journal entries to accurately reflect financial transactions and researching variances against the AOP/forecasts in conjunction with coordinating these jobs with Malaysia
Consolidation and analyzing Non-Employee Labor during AOP/forecasts
About Scholastic
For more than 100 years, Scholastic Corporation (NASDAQ: SCHL) has been meeting children where they are - at school, at home and in their communities - by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children's books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children's media. As the world's largest publisher and distributor of children's books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com .
Some benefits that we offer:
Full suite of health and wellness benefits (including a $0 deductible Medical Plan)
Retirement Savings Plan 401(k) with options for both Roth and Traditional Contributions
Tuition-Free programs for undergraduate and graduate degrees
Generous Parental Leave Program
Employee Stock Purchase Plan (ESPP) with opportunity for discounted stock at a 15% discount
Thank you for your consideration in choosing Scholastic.
#LI-MV1
Qualifications
HOW YOU CAN FIT
(Qualifications)
Education:
Bachelor's degree in finance, Accounting, Business Administration, or related field
Proven experience in workforce planning, financial analysis, or similar role
Strong analytical skills with the ability to interpret complex data (i.e. medical and Rx claims)
Excellent written and verbal communication is a must
Experience:
8-10 years
Time Type:
Full time
Job Type:
Regular
Job Family Group:
Finance
Location Region/State:
New Jersey
Compensation Range:
Annual Salary: 121,000.00 - 145,000.00
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 (https://www.scholastic.com/content/dam/scholastic/corp-home/eeo-is-the-law-poster-english.pdf)
EEO Scholastic Policy Statement
Pay Transparency Provision (https://www.scholastic.com/content/dam/scholastic/corp-home/pay-transparency.pdf)
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 97 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
We're always looking for talented people to join Scholastic in instilling a love of reading and lifelong learning in children. At Scholastic, our benefit plans have been designed to be in line with market conditions and employee needs. Our plans provide flexibility and allow individuals a broad range of choices that can be tailored to meet each employee's needs. Scholastic is an Equal Opportunity Employer.
THE OPPORTUNITY
The role will focus on FP&A and Labor Planning and Analysis, aligning with our new business needs.
RESPONSIBILITIES
Managing and reconciling workforce planning (WFP) data ensuring financial alignment as it pertains to the annual operating plan (AOP) and quarterly forecasting
Collaborate with business partners to create and effectively manage company-wide incentive planning process, in addition to developing effective reporting tools to support this initiative. This includes, but is not limited to, forecasting, managing and reconciling short-term incentive programs, retention, and other bonus programs. Report results compared to plan (monthly) and submit monthly forecasts to Treasury.
Serve as financial liaison for labor related matters/inquires that may ensue from discussions held between various business partners and HR (planning and actualization)
Collaborate with Finance and Executive business partners to create the annual operating plan (AOP) and quarterly forecasting. Create monthly reporting, including but not limited to, vendor spend and account analysis/reconciliation, and provide timely proactive feedback and recommendations for cost containment (for approximately 10 department heads)
Finance liaison for health and welfare costs supporting both internal and external partners (3rd party vendors). This includes, but not limited to, the following key responsibilities:
Liaison with United Healthcare, Surest, and Express Scripts to analyze costs while complying with HIPPA regulations
Stop loss analysis
Collaboration with Corporate Benefits
Tracking and analysis of other health & welfare expenses
Booking journal entries to accurately reflect financial transactions and researching variances against the AOP/forecasts in conjunction with coordinating these jobs with Malaysia
Consolidation and analyzing Non-Employee Labor during AOP/forecasts
About Scholastic
For more than 100 years, Scholastic Corporation (NASDAQ: SCHL) has been meeting children where they are - at school, at home and in their communities - by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children's books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children's media. As the world's largest publisher and distributor of children's books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com .
Some benefits that we offer:
Full suite of health and wellness benefits (including a $0 deductible Medical Plan)
Retirement Savings Plan 401(k) with options for both Roth and Traditional Contributions
Tuition-Free programs for undergraduate and graduate degrees
Generous Parental Leave Program
Employee Stock Purchase Plan (ESPP) with opportunity for discounted stock at a 15% discount
Thank you for your consideration in choosing Scholastic.
#LI-MV1
Qualifications
HOW YOU CAN FIT
(Qualifications)
Education:
Bachelor's degree in finance, Accounting, Business Administration, or related field
Proven experience in workforce planning, financial analysis, or similar role
Strong analytical skills with the ability to interpret complex data (i.e. medical and Rx claims)
Excellent written and verbal communication is a must
Experience:
8-10 years
Time Type:
Full time
Job Type:
Regular
Job Family Group:
Finance
Location Region/State:
New Jersey
Compensation Range:
Annual Salary: 121,000.00 - 145,000.00
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 (https://www.scholastic.com/content/dam/scholastic/corp-home/eeo-is-the-law-poster-english.pdf)
EEO Scholastic Policy Statement
Pay Transparency Provision (https://www.scholastic.com/content/dam/scholastic/corp-home/pay-transparency.pdf)
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 97 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
We're always looking for talented people to join Scholastic in instilling a love of reading and lifelong learning in children. At Scholastic, our benefit plans have been designed to be in line with market conditions and employee needs. Our plans provide flexibility and allow individuals a broad range of choices that can be tailored to meet each employee's needs. Scholastic is an Equal Opportunity Employer.