Business Analyst - Retail, New York, NY - SMCP

SMCP - Sandro, Maje, Claudie Pierlot

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

SMCP USA Inc. (Sandro, Maje, Claudie Pierlot, De Fursac) is seeking a Retail Business Analyst to join our Finance Department. This is an exciting, hands-on opportunity to be part of a rapidly growing French retail group in the affordable luxury sector. As a member of the FP&A team, this position will support the USA and Canada business units and assist in maintaining and developing business controls and reports to ensure financial accuracy. The position will directly report to the Director of Finance.

Your role and responsibilities will be composed of two main parts:

• Financial Analysis: monthly closing, budgeting, planning and forecasting, variance analysis, decision support projects, and ad hoc analysis.
• Business Analysis: manage and interpret the flow of information to retail management, as well as provide direction and oversight to the development of new benchmarking measurement processes, reports and scorecards.

Responsibilities:

#1 | Financial Analyst:

• Planning
  • Planning Sales, Payroll and Operating costs during the budget and forecasting process
  • Setting up commercial targets by following the actual trend for each POS
  • Assist in the preparation of presentations including monthly and quarterly business reviews, annual budgets, and long-term strategic planning initiatives.

• Monthly Closing

• Participate in the monthly financial close process, perform comprehensive analysis of key expense and balance sheet items to ensure accurate financial results.
• Monitor and retail operating costs based on invoice trackers
• Own retail P+L for month end analysis review vs Budget
• Review monthly margin and depreciation to validate accuracy in inventory and sales flow

• Reporting
  • Assist in the preparation of presentations including monthly and quarterly business reviews, annual budgets, and long-term strategic planning initiatives.
• Ad Hoc: Assist CEO/CFO and Director of FP&A on any ad hoc request

#2 | Business Analyst:

• Develop, maintain, and publish daily, weekly, month-to-date and year-to-date sales reports and KPI Dashboards in an accurate and timely manner
• Be the link between Retail, HR, Merchandising and Finance by producing and building dashboards on the business as needed and supporting CEO's requests
• Participate in promotional planning and analyze financial effectiveness of key promotions
• Representing finance in the weekly trade meeting
• Analyze multiple data sets to identify and communicate market trends into actionable insights for the regional retail operations team.
• Conduct comprehensive store level analysis to generate insights and recommendations.
• Supporting the business on ad hoc analysis request to deep dive or provide clarity where business decisions are being made.
• Partner with Human Resources to provide monthly and annual productivity KPI report and commission reporting.
• Partner with Finance and Merchandising Planning for monthly and yearly stretch targets.

Skills & Qualifications requirements:

• Qualifications
• A Bachelor's degree in Finance, Business, or Accounting
• An overall minimum of 2-3 years of experience
• Financial experience in Retail is required
• As the Group HQ is located in Paris and as we communicate with them on a recurring/daily basis, speaking French would be a plus (but not required)
• Experience with Oracle and PBCS would be a plus but not required

• 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
• Proficient user of all core systems & technologies.
• Ability to organize, analyze, and summarize complex information to make data-driven decisions. Must have a working knowledge of spreadsheets, formulas, and pivot tables.
• Seeks out technology to improve processes and efficiency. Comfortable using and managing a wide range of systems Demonstrated proficiency in statistics, forecasting and 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.

Some benefits of working at SMCP:

• 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

At SMCP, we are committed to providing our team with a safe and flexible work environment. As a result, COVID-19 vaccination is a job requirement for all corporate employees. Additionally, all corporate employees may work remotely two days/week.