The New School has recently established new lines of business for long-term institutional vitality and growth. This expanded portfolio of academically – related offerings includes 1) expansion of K12, 2) partnerships with outside entities, and 3) licensing agreements. These new offerings will help commercialize New School assets (brands, IP, and content).
The goal of these new lines of business is to provide growth and increased revenues through greater access to new audiences — e.g. regionally dispersed learners, cities and government entities, businesses and corporations, NGOs, and enterprises of all kinds. Important secondary goals are to expand visibility and enhance reputation for the university and to build a pipeline for additional future engagement with the university's other programs and offerings.
In order to accomplish these goals, a new business development unit has been formed – New School Ventures (N Ventures). The goals of this group are to test, incubate, and rapidly scale new activities which yield high-margin, sustainable streams of revenue. It is led by the Senior Managing Director for New School Ventures.
The New School is committed to creating and maintaining an environment that promises diversity and tolerance in all areas of employment, education and access to its educational, artistic or cultural programs and activities. The New School does not discriminate on the basis of age, race, color, creed, sex or gender (including actual or perceived gender identity or expression or transgender status), sexual orientation, sexual and other reproductive health decisions, pregnancy, religion, religious practices, mental or physical disability, national or ethnic origin, citizenship status, veteran status, marital or partnership status, or any other legally protected status.
As this is a new business unit, the focus will evolve over time. It will begin as a highly entrepreneurial operation and a business incubator of saleable, commercial offerings, with the goal of developing a multi-million-dollar, self-sustaining line of business(es) that serves as profitable revenue streams for the university. This position will report to the Head of Business Development and GM of Licensing. One of the first offerings that the finance retail analyst will work on is The New Store, both the in-person and online platforms.
Perform financial forecasting and reporting for The New Store
Create operational retail metrics and tracking For The New Store, especially in regard to inventory and sales. Key items include revenue, product/SKU sold, tagging, price, direct costs and inventory turnover.
Generate and customize reports coming out of Shopify, the e-commerce platform we use, to aid in decision making such as pricing and product aging
Collaborate with the N Ventures team to summarize and analyze financial data, report on financial performance and prepare for regular leadership reviews, while maintaining a strong financial analysis foundation
Evaluate financial performance by comparing and analyzing actual results with plans and forecasts, perform variance analysis, identify trends, and make recommendations for improvements for The New Store
Establish a Year-over Year strategy that is data driven.
Partner with the accounting team to ensure accurate financial reporting for The New Store
Perform market research, data mining, business intelligence, and financial evaluation of opportunities
Ability to adhere to University COVID-19 Policy
$40.00 – $45.00 per hour
End Date: December 15, 2023
Hours per week: 35
BS required (Bachelor's Degree in Accounting/Finance/Economics)
1+ years of business finance or other relevant experience
Experience with Shopify
Proficiency in financial modeling
Advanced knowledge in Excel/Google Sheet
Strong analytical and problem solving skills
Intellectual curiosity, with an ability to connect the dots
Self-starter with excellent interpersonal communication and collaborative skills
The New School, a leading university in downtown New York City, offers degree and nondegree academic programs in design, the social sciences, the liberal arts, management, the arts, and media. Students benefit from small classes, superior resources, and renowned faculty members who practice what they teach. Continuing education courses and public programs place the university at the center of New York’s cultural and intellectual life.