Financial Analyst, New York, NY

SMCP
New York, NY Full Time
POSTED ON 5/31/2022 CLOSED ON 11/24/2022

What are the responsibilities and job description for the Financial Analyst, New York, NY position at SMCP?

SMCP - Sandro, Maje, Claudie Pierlot

LOCATION: SMCP NORTH AMERICA HEADQUARTERS, 44 WALL STREET, NEW YORK, NY

The SMCP Group is a combination of two Contemporary Luxury Ready-To-Wear brands for Women / Men - Sandro Maje. The North America business unit's corporate office has been located in NYC since 2011. Since 2011, we have grown to over 168 points of distribution across the US Canada in addition to our online business.

At SMCP, we are proud of our Culture which is defined by our Core Values. As an employer in the fashion retail space, we also prioritize such things as Sustainability, DEI, Social Justice, Corporate Social Responsibility, and Giving Back.

At SMCP, we are also committed to providing our team with a safe and healthy work environment. As a result, COVID-19 vaccination is a job requirement for all US employees. SMCP will consider requests for exemption from this policy as a reasonable accommodation, consistent with federal, state, and local law.

We are currently seeking a Financial Analyst to join the North American Human Resources team. This individual will also be working very closely with the North America Finance team. This is an exciting, hands-on opportunity to be part of a rapidly growing French retail group in the affordable luxury sector. The position will report to the Manager of Total Rewards and Employee Experience.

What You'll Be Doing:

Planning

  • Planning Retail Payroll costs during the budget and forecasting process
  • Assist in the preparation of presentations including monthly and quarterly business reviews, annual budgets, and long-term strategic planning initiatives
  • Prepare monthly Stores hours and partner with Retail and Finance for validation
  • Partner with Retail to develop and support implementation of Stores' staffing structures

Analysis

  • Participate in the monthly financial close for Retail payroll costs and perform comprehensive analysis vs Budget
  • Develop, maintain, and publish month-to-date and year-to-date payroll reports
  • Conduct comprehensive store level analysis to generate insights and recommendations
  • Partner with Retail to provide action plans at store level
  • Partner with Finance to provide monthly and annual productivity KPI report and commission reporting
  • Monitor and validate benefits invoices

Incentives

  • Calculate and report on bi-weekly commission payments for Retail population
  • Calculate and report on monthly and seasonal bonus payments for Retail population

Audit & Compliance

  • Conduct regular audits on payroll records to maintain data integrity
  • Maintain the accuracy of HR systems data through weekly checks

General HR Support

  • Supports HR team with HR projects and deliverables as needed.

Who You Are:

Ideal education, previous work experience, special skills (e.g., foreign languages), and personal characteristics.

Education/Experience:

  • A Bachelor's degree in Business or Finance
  • An overall minimum of 1 years of experience
  • Experience working in Retail would be a plus
  • Must be proficient in Excel (spreadsheets, formulas, and pivot tables...)
  • Proven experience working with UKG or other payroll/HRIS platform
  • Experience working with Legion would be a plus

Technical Skills:

  • This position requires strong analytical, organizational, decision making, and presentation skills.
  • Strong interpersonal skills are also essential to effectively interact with all teams, areas and levels of business affecting the forecast process. Good facilitation skills are required.
  • Must be professional in conduct and practice, reliable, creative, responsive, and adaptive in a dynamic team environment with excellent interpersonal communication skills
  • Ability to independently, resourcefully, and creatively research and implement new solutions
  • Ability to organize, analyze, and summarize complex information to make data-driven decisions.
  • Seeks out technology to improve processes and efficiency. Comfortable using and managing a wide range of systems
  • Demonstrated proficiency in forecasting methods with an understanding of their financial and operational impacts.
  • Proven ability to manage multiple, time-sensitive projects and competing priorities simultaneously, to work independently, and to drive projects to completion with minimum guidance and high attention to detail.

Special Skills:

  • French speaker would be a plus (but not required)

What You Will Receive In Return:

  • Health, dental and vision insurance
  • Voluntary insurance coverage including Pet insurance
  • Generous Paid Time Off - 20 days
  • Summer Fridays
  • Parental leave policy (non-birthing parents included)
  • Retirement savings plan (401k) with Company match
  • Clothing Allowance - $1500 per season
  • Generous retail discount - 50% off retail price

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