Banana Republic
Banana Republic Analyst, Finance
Banana Republic, San Francisco, California, United States, 94199
About Banana Republic
Born from two California creatives fueled by their explorer spirits, Banana Republic has repositioned itself as a premium, experiential lifestyle brand for today's modern world. Designed for a life where anything is possible, we use the finest materials with the latest fabric innovations to create timeless, versatile clothing, jewelry, shoes and handbags. Through our home and art collections, we extend beyond apparel and are a part of our customers' lives at home.
We are creating memorable, immersive experiences online and in-store that build lasting relationships and solve our customers' lifestyle needs. Our team is made up of passionate and curious storytellers who are pushing the boundaries to deliver consistent, quality product through an elevated customer experience. Sound interesting? Join us as on the BR journey as we create what's next.
About the Role The COS Spread Analyst is part of the BR Finance team, responsible for all non-merch product costs and distribution center operating expenses for BR Specialty and Factory stores in North America. Aside from working closely with the BR FP&A team, primary business partners are Global Production (GP), Global Merchandising, GIS Hub Finance, and Corporate Shared Services Center (CSSC) Finance.
What You'll Do
Manage monthly forecast and annual budget for COS Spread consisting of multiple P&L line items
Partner closely with various to understand forecast variances and R&O; help to identify trends and opportunities
Proactively strengthen current processes through tool functionality and other process optimization
Own line-items for Other Cost of Sales line items partnering cross-functionally on forecast and close including:
Managing monthly fabric liability and samples review with GP, working with Inventory Control on shrink and below-cost inventory, working with Logistics to understand inbound and outbound freight
Maintaining effective relationships with a variety of business partners within GP and Merchandising, GIS Hubs, and CSSC
Provide ad hoc analytics and special projects based on business results and cost variances
Establish a track record of clear communication up, down and across the organization
Who You Are
Bachelor's degree in Finance, Accounting or related field
3-4+ years of work experience, preferably in financial analysis or related equivalent, retail industry experience a plus
Strong analytical and problem-solving skills
Demonstrated initiative and ability to work independently
Strong sense of accountability and ownership; proven record of delivering to high standards of accuracy
Team player with a positive attitude - must be flexible, open to cross-training and leaning in as needed across the team
Expert in Excel functionality and modeling skills, knowledge of Essbase/Hyperion and Anaplan preferred
Benefits at Banana Republic
Merchandise discount for our brands: 50% off regular-priced merchandise at Old Navy, Gap, Banana Republic and Athleta, and 30% off at Outlet for all employees.
One of the most competitive Paid Time Off plans in the industry.*
Employees can take up to five "on the clock" hours each month to volunteer at a charity of their choice.*
Extensive 401(k) plan with company matching for contributions up to four percent of an employee's base pay.*
Employee stock purchase plan.*
Medical, dental, vision and life insurance.*
See more of the benefits we offer.
*For eligible employees
Gap Inc. is an equal-opportunity employer and is committed to providing a workplace free from harassment and discrimination. We are committed to recruiting, hiring, training and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We have received numerous awards for our long-held commitment to equality and will continue to foster a diverse and inclusive environment of belonging. In 2022, we were recognized by Forbes as one of the World's Best Employers and one of the Best Employers for Diversity.
Salary Range: $77,000 - $98,100 USD
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We are creating memorable, immersive experiences online and in-store that build lasting relationships and solve our customers' lifestyle needs. Our team is made up of passionate and curious storytellers who are pushing the boundaries to deliver consistent, quality product through an elevated customer experience. Sound interesting? Join us as on the BR journey as we create what's next.
About the Role The COS Spread Analyst is part of the BR Finance team, responsible for all non-merch product costs and distribution center operating expenses for BR Specialty and Factory stores in North America. Aside from working closely with the BR FP&A team, primary business partners are Global Production (GP), Global Merchandising, GIS Hub Finance, and Corporate Shared Services Center (CSSC) Finance.
What You'll Do
Manage monthly forecast and annual budget for COS Spread consisting of multiple P&L line items
Partner closely with various to understand forecast variances and R&O; help to identify trends and opportunities
Proactively strengthen current processes through tool functionality and other process optimization
Own line-items for Other Cost of Sales line items partnering cross-functionally on forecast and close including:
Managing monthly fabric liability and samples review with GP, working with Inventory Control on shrink and below-cost inventory, working with Logistics to understand inbound and outbound freight
Maintaining effective relationships with a variety of business partners within GP and Merchandising, GIS Hubs, and CSSC
Provide ad hoc analytics and special projects based on business results and cost variances
Establish a track record of clear communication up, down and across the organization
Who You Are
Bachelor's degree in Finance, Accounting or related field
3-4+ years of work experience, preferably in financial analysis or related equivalent, retail industry experience a plus
Strong analytical and problem-solving skills
Demonstrated initiative and ability to work independently
Strong sense of accountability and ownership; proven record of delivering to high standards of accuracy
Team player with a positive attitude - must be flexible, open to cross-training and leaning in as needed across the team
Expert in Excel functionality and modeling skills, knowledge of Essbase/Hyperion and Anaplan preferred
Benefits at Banana Republic
Merchandise discount for our brands: 50% off regular-priced merchandise at Old Navy, Gap, Banana Republic and Athleta, and 30% off at Outlet for all employees.
One of the most competitive Paid Time Off plans in the industry.*
Employees can take up to five "on the clock" hours each month to volunteer at a charity of their choice.*
Extensive 401(k) plan with company matching for contributions up to four percent of an employee's base pay.*
Employee stock purchase plan.*
Medical, dental, vision and life insurance.*
See more of the benefits we offer.
*For eligible employees
Gap Inc. is an equal-opportunity employer and is committed to providing a workplace free from harassment and discrimination. We are committed to recruiting, hiring, training and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We have received numerous awards for our long-held commitment to equality and will continue to foster a diverse and inclusive environment of belonging. In 2022, we were recognized by Forbes as one of the World's Best Employers and one of the Best Employers for Diversity.
Salary Range: $77,000 - $98,100 USD
#J-18808-Ljbffr