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Financial Planning & Analysis Manager, Inventory

Employer
Ralph Lauren
Location
Nutley, New Jersey, United States
Closing date
26 Jun 2024

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Function
Finance
Level
Manager

Job Details

Company Description
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands. At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview
Ralph Lauren seeks a Manager, Inventory FP&A to join our Finance organization, responsible for forecasting, budgeting and reporting & analysis processes related to the inventory balances for all North America entities. The ideal candidate will have at least 5 years progressive responsibility within an FP&A or Accounting team where the experience should normally include inventory accounting and/or finance responsibilities within an inventory driven retail or consumer goods organization.

Essential Duties & Responsibilities

* Leads the monthly forecasting process for all NA entities' inventory balance sheets and closely related P&L / balance sheet segments
* Assist with developing long-range plans and annual inventory budgets, including scenario planning and financial modeling
* Reviews and constructs monthly forecasts for gross to net inventory, including inventory reserves (e.g. NRV) and other closely related inventory activity
* Consolidates global inventory forecast deliverables and helps prepare quarterly inventory reporting deliverables
* Supports the team with ad-hoc requests/ reporting as needed, including inventory on-hand reporting and other closely related inventory activity
* Manages effective relationships with key internal partners in FP&A, Accounting, Inventory Management, Merchandising, among others
* Challenges team status quo looking for productivity and effectivity driven initiatives
* Serves as one of the primary advisors for the Head of Inventory FP&A and the Sr Manager, Inventory Accounting & Control
* Provided support to internal/external audit inquiries and defense, including SOX (limited)
* Establishes a standard for high quality output generating positive rapport with team and colleagues
* Commits to decisions reasonable for this management level / manage up when appropriate

Experience, Skills & Knowledge

* Finance, Accounting or another closely related business application
* 5+ years progressive responsibility in finance, inventory accounting, and/or reporting experience (any combination of public / private) within a retail or consumer goods environment
* Works comfortably with large data sets utilizing query, reporting and summarization features within Excel / BI tools
* Leads root cause analysis, including self-critical observations, to provide constructive feedback and opportunities for improvement
* Proven ability to manage multiple tasks and adapt to a changing, fast paced environment; detail oriented with strong organization skills
* Proficiency in Excel and PowerPoint
* Preferred: SAP, Hyperion Essbase, Island Pacific

Company

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