Do you want to be a part of the world’s leading jewelry company while putting your experience in Financial Planning and Analysis into use? If yes, then we might have an exciting opportunity for you! You will be part of an exciting business area and work in an international organisation of can-do spirited, passionate, and performance-driven people.
About the Team:
The Cluster FP&A Manager will be an integral member of the North America Finance team reporting directly to the North America (NAM) Director of FP&A. This critical thinker will be on a team responsible for understanding the full P&L while also partnering closely with the Marketing teams to proactively manage one of the largest line items in the NAM P&L.
One of the main focuses will be to communicate a clear picture of the Marketing spend while understanding the intricacies of their budget and actuals. This position has ownership of forecasting, budgeting, and full P&L month end results delivering actionable insights to drive business performance in the cluster.
Your Role as a FP&A Manager :
Understand the full NAM P&L while having ownership of OPEX and the Marketing P&L for USA, Canada and the Caribbean
Foster a collaborative relationship with Marketing leaders to build, forecast, and drive accountability for the entirety of their spend while helping them execute their strategic goals
Partner with Marketing team to understand initiatives for incremental spend and ROI structure
Partner with the cost center heads on their forecasted spend, challenge cost and map spend to the P&L.
Oversee the plan and actual for head office expenses including FTEs and salary cost.
Closely align with global marketing team on strategy, targets and initiatives.
Perform the necessary duties to close the financial books on a monthly basis: Data mining to understand drivers in variances, work hand-in-hand with accounting, perform necessary OPEX accruals, collaborate with P&L owners for variance commentary
Lead the creating, updating and submitting of forecast and budgeting templates whilst working with P&L owners to understand their submissions and challenge assumptions with data
Analyse financial and operational results through challenging the status quo to understand and deliver on performance KPIs
Review procedures developing recommendations on how to improve P&L management and processes in place
Revamp the POSM process including reporting, tracking of actual spend, planning and forecasting
Contribute to monthly financial reporting packages, budget analysis, forecasts, commentary to global
Oversee the financial side of the loyalty program, calculate and communicate the impact of the loyalty program on overall NAM P&L and the specific channels and markets
What is needed to succeed:
4-6 years of experience
Bachelor's degree in Business, Accounting or Finance Required
Comfortable with basics of accounting: accruals, reversals, journal entries
Retail or Marketing experience preferred
Proficiency with Microsoft Office, Hyperion, AX, Basware, SAP, Power BI
Strong analytical skills with the ability to clearly communicate results to audience
Ability to collaborate cross-functionally
NYC Salary : $130,000 - $140,000 commensurate with experience
About Pandora:
Pandora designs, manufactures and markets hand-finished jewellery made from high-quality materials at affordable prices. Pandora jewellery is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.
Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewellery at two LEED certified facilities in Thailand using mainly recycled silver and gold. The company plans to be carbon neutral by 2025 and has joined the Science Based Targets initiative to reduce emissions across its full value chain. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated a revenue of DKK 23.4 billion in 2021.
Pandora’s recruitment procedures are designed to be transparent and clear for all candidates. This helps us ensure that applicants are provided with a fair and equal opportunity to demonstrate their competencies and skills by removing blocking factors, possible biases, and risks of discrimination. We encourage everyone applying to our vacancies to refrain from adding identity-related elements such as a photo, marital status and age.
About Pandora NAM:
The Pandora North America team in the USA & Canada consists of more than 115 employees working at our offices in New York & Baltimore, more than 80 in our Logistics Center in Columbia, Maryland, an additional 100 in field positions, and more than 3,900 in our owned and operated stores.
Today, the USA is Pandora’s single largest market. The Pandora North American region as a whole encompasses over 1,400 points of sale, including over 420 concept stores, with more than 300 being owned and operated by Pandora.
Seniority level
Not Applicable
Employment type
Full-time
Job function
Strategy/Planning, Finance, and Accounting/Auditing
Industries
Retail Luxury Goods and Jewelry
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