At Chanel, we are focused on creating an inclusive culture that nurtures personal growth, contributing to collective progress. We believe the uniqueness of each individual increases the diversity, complementarity and effectiveness of our teams. We strongly encourage your application, as we value the perspective, experience and potential you could bring to CHANEL.
Manager, Budget Analyst
Section 1: About the Job
CHANEL is looking for a BUDGET ANALYST to join our Retail Store Environment & Sales Operations Team in NYC. The purpose of this role is to aid in budget management and tracking for all accounts under the RSE team umbrella. In addition, this individual will support the team with an objective of managing collateral goods, in alignment with business priorities. The role will manage forecasts and inventory levels and support merchandising initiatives for the Display Merchandising and Visual Merchandising Teams. Our ideal candidate will have 3-5 years of experience and a passion for problem solving and collaboration.
Section 2: What impact you can create at CHANEL:
BUDGET PLANNING:
- Maintain the Retail Store Environment budget file template
- Analyze and reconcile YTD/YTG monthly budget actualization; call out risks or opportunities to ensure overall business targets are well managed
- Be the gatekeeper of all reclass entries in and out of RSE accounts
- Act as Retail Store Environment & Sales Ops liaison to Finance partners
- Communicate budget related deadlines/timeline to the team
- Handle T&E Budgeting communication for Field, RSE/Sales Ops and Educations teams
INVENTORY
- Assess current means of inventory tracking; either model a new comprehensive system or hone what’s existing to continually monitor ongoing needs against inventory / on-order; oversee display and VM collateral inventory across multiple distribution centers, setting inventory minimums and transfer items as needed. Reconcile on an ongoing basis
- Assist with new door opening orders and special project collateral orders, which requires a strong understanding of inventory availability and needs; execute inventory lookups and stock transfers as needed
FORECASTING
- Assess current ways of tracking forecasts for campaign and permanent items (currently via excel); improve tracking systems to provide visibility to internal partners and allow for easier decision making
- Assist with ongoing forecast process via Wave: act as team resource to advise on due dates, provide holistic templates for Display/VM teams to create forecasts, and assist with order entry into campaign management tool
- Partner with supply chain and merchandise planning teams for Retail Store Environment needs as directed
Section 3: You are energized by…
- Debits and Credits
- Data Modeling: digging into data to serve business needs and tell a story; visualizing in new ways, catching errors, and extremely excel proficient
- Building collaborative relationships across internal and external teams; self-starting and rolling up your sleeves to solve the problem at hand
Section 4: What you will bring to the team...
- An aptitude for data analysis and spreadsheet management
- Meaningful understanding of budgets / P&L
- Solid sound judgement and common sense
Position Logistics:
- 3-5 Years of experience
- Bachelor’s degree
- 9W 57th Street employee; remote working option (not required), in accordance with Company policy (currently 3 NYO / 2 remote)
- Minimal travel required (an occasional store tour or meeting)
Section 5: What skills you will learn? What experiences might you have
- Project Management Skills
- How to best influence a large team towards high impact transformation
- Opportunities for visibility to senior leadership
- Direct leader committed to individual development
The anticipated base salary range for this position is $63, 400 through $95,000. Base salary is one component of the total compensation for this position. Other components [may/will] include additional compensation, benefits, and perks.
Chanel is a private company whose values are grounded in creating the conditions for people to perform at their best and feel fulfilled and confident in their work. We offer a unique work environment where individuals are encouraged to better understand the brand, the business, and motivations, so that together we can unlock the possibilities of growth. This is reflected in:
Diversity and Inclusion
- At CHANEL, we are intentional in promoting Diversity & Inclusion. We foster respect, empathy, and dignity for all. We believe strongly that the diversity of our people across the full spectrum of human differences is essential to our organisation and the connections we have with each other and our clients.
- We offer Employee Resource Groups in the US that are voluntary, open to all, employee-led groups formed around a shared identity or lived experience, whose aim is to foster a diverse, inclusive, and equitable community aligned with the values and missions of the communities they support.
Chanel Community
- CHANEL Community empowers our employees to channel their passions, talents, and sense of purpose to contribute to and learn from our communities.
- Employees are encouraged to take time off annually to volunteer through CHANEL Community. CHANEL also matches employee donations to select charitable organizations.
Fondation Chanel
- Since 2011, Fondation CHANEL’s mission is for women and girls to be free to shape their own destiny. Through multi-year partnerships with financial and technical support, Fondation CHANEL is committed to improving the safety and autonomy of women and adolescent girls around the world, impacting over a million women and girls in its first 10 years.
- For more information, please navigate to the Fondation Chanel website
here
Sustainability
- CHANEL Mission 1.5° is our climate action plan. It is focused on transforming the business in line with the ambitions of the Paris Agreement on climate change to limit the average global mean temperature increase to 1.5 degrees Celsius above preindustrial levels.
- Employees are encouraged to contribute to our US Sustainability efforts at the corporate level and within the divisions, through organized taskforces and initiatives.
Arts and Culture
- We are committed to extending our legacy of cultural engagement. Global support includes the CHANEL Culture Fund, which supports a select group of leading art culture institutions across the globe, and the CHANEL Next Prize for the next generation of creative talent. US support currently includes Annual sponsorship of the MoMA film program, Tribeca Film Festival programs and Through Her Lens, Support of the Academy Gold Fellowship for Women and Sponsorship of the BAAND Together Dance Festival at Lincoln Center.
Career and Leadership Development:
- We have dedicated in-house teams focused on supporting the onboarding of employees, developing leadership skills via custom programs like Imagine Chanel People, Heart of Leadership and group and individual coaching, and blended online and live classes offered on our Bloom platform and by skilled trainers, such as Shape Your Career, to develop career building skills.
Compensation
- Base salary, bonus potential and other forms of variable pay [may/will be] offered for this position
Benefits and Perks
- Flexibility (flexible time and hybrid work options)
- Wellbeing resources include dedicated paid time off for wellbeing (2-week August Office Closure and Wellbeing Days in Retail) and a Wellbeing fund
- Family and care giving benefits (inclusive of parental leave, fertility support, MilkStork, and Care.com Membership)
- Generous paid time off policies to include vacation, holiday, sick and volunteer days
- 401K, pension, and other incentives
- Robust healthcare offerings; medical, dental, vision, MDLIVE (virtual care), One Medical, Flexible Spending Accounts (Health Care & Dependent Care), Health Savings Account and Employee Assistance Program
- Life insurance, Accidental Death & Dismemberment, Short Term Disability, Long Term Disability, Health Advocate, International Business Travel Accident & Medical, and Commuter Transit & Parking
- Chanel, Inc. benefits and perks are dependent on eligibility and subject to modification by Chanel at any time.