Job Abstract

THE OPPORTUNITY

Assist in all areas of financial planning and analysis with a focus on the balance sheet and free cash flow. Position will work directly with divisions to understand drivers of their submissions. Will consolidate the balance sheet and free cash flow for senior leadership review. Will be a primary point of contact with divisions for balance sheet and free cash flow. Will provide actual vs forecast/budget analysis each month and work with divisions to improve their projections. Overall goal with balance sheet and free cash flow is to improve accuracy of projections.

Second area of focus will be assisting in quarterly board financial preparation.

Will assist with P&L projections as needed. 

RESPONSIBILITIES

• Consolidate balance sheet and roll forward submissions for forecast/budget. Review submissions and work with divisions for accuracy and explanations.

• Manage the PBCS balance sheet and free cash flow module for actuals and forecast/budget.  Identify (and execute upon) opportunities for continuous process improvement and automation, with end users.

• Provide analysis of actuals vs. forecast/budget with explanations. Collaborate with divisional finance to ensure that adequate information is received, regarding key assumptions and other business drivers.

• Assist with the preparation of quarterly board financial packages.

• Assist with P&L projections and other corporate financial modeling/analysis, as required.

WHO WE ARE

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:

• 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.

HOW YOU CAN FIT (Qualifications)

Knowledge, Skills, and Abilities:

• Have a thorough understanding of direct and indirect free cash flow calculations.

• Have a strong understanding of the interactions between the P&L and Balance Sheet

• Manage the balance sheet and free cash flow module within PBCS

• Strong excel skills (be able to work with large data sets)

• Have a working knowledge of how to use Smartview for Excel to pull balances from Fusion and PBCS

Experience: 5-10 years

Education: Bachelor’s Degree (or higher)

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