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
As a member of the Ralph Lauren Financial Planning & Analysis team, the Senior Financial Analyst is responsible for supporting our broad finance team in all key processes around month-end close, forecasting, and budgeting. This position is an excellent opportunity to develop sound financial expertise and gain exposure across our finance department. It is also an ideal role to gain detailed insight into the Wholesale business and learn about industry issues impacting Ralph Lauren Corporation.
Essential Duties & Responsibilities
1. Support month-end close, forecasting and budgeting processes on wholesale expenses with a special focus on all expenses related to staff such as salaries, bonus, social taxes, employee benefits, outside agencies, funded staff, recruitment expenses, vacation accrual, and employee travel expenses.
2. Identify, analyze, and interpret expense and cost trends on a monthly basis.
3. Develop and summarize recommendations based on trends to identify areas of savings and opportunities.
4. Ensure accuracy of accounting entries performed by the accounting team during month-end close.
5. Identify and analyze variances and make adjusting entries as necessary.
6. Calculate monthly bonus accruals and prepare the journal.
7. Lead calls with P&D partners or cost center managers based in multiple countries to prepare the staff-related expenses forecast by headcount.
8. Act as the key finance contact regarding all staff-related expenses topics.
9. Ensure respect of workflow approval on staff-related requests.
10. Manage bonus tracker and calculation scheme in liaison with regional management and P&D team.
11. Prepare monthly reporting per region such as T&E expenses tracker by person across EMEA and run rate analysis vs Budget, identifying areas of savings or overspend.
12. Continuously seek to improve processes, controls, and the quality of deliverables.
13. Other duties including ad hoc requests and special projects as required.
Experience, Skills & Knowledge
First experience in FP&A or Business Controlling is compulsory. Self-motivated with the ability to work independently. A forward-thinking team player using excellent communication skills with the ability to work and influence people of seniority across the business. A natural team player with the ability to establish sound business partnerships. #J-18808-Ljbffr