Bloomingdale's - Bridgewater Township, NJ

posted about 2 months ago

Full-time - Mid Level
Bridgewater Township, NJ
General Merchandise Retailers

About the position

Kering Eyewear is seeking a Financial Analyst to join our team in Bridgewater, NJ. As part of the Kering Group, a global leader in luxury, Kering Eyewear is dedicated to designing, developing, and distributing eyewear for a prestigious portfolio of 13 brands, including Gucci, Cartier, and Saint Laurent. The Financial Analyst will play a crucial role in maintaining the commission management system for the North American sales force, ensuring accurate tracking and reporting of commissions and bonuses. This position will report directly to the Finance Director and will involve a variety of financial analysis tasks that support the sales team and business leaders in evaluating performance and making informed decisions. In this role, the Financial Analyst will be responsible for updating and managing the commission management system, which includes processing commission statements, managing territory transfers, and ensuring that customer accounts are accurately mapped to sales representatives. The analyst will also create bonus calculation files based on key performance indicators (KPIs) and calculate special incentives in alignment with company policies. Additionally, the role requires updating accrual journal entry files for month-end close and providing ad hoc reports and analysis to assist business leaders in performance evaluation, benchmarking, and return on investment (ROI) analysis. The ideal candidate will possess a Bachelor's degree in Finance, Accounting, or a related field, along with at least two years of experience in financial analysis, preferably in a commission-based environment. Proficiency in financial and business intelligence software, advanced Microsoft Excel skills, and experience with SAP are essential. Strong communication skills, the ability to work independently, and a results-oriented mindset are critical for success in this fast-paced environment. Kering Eyewear values diversity and is committed to fostering an inclusive workplace where all employees can thrive and reach their full potential.

Responsibilities

  • Maintain the commission management system for the North American sales force.
  • Update new and terminated sales representatives, commission percentage changes, and manage territory/division transfers/splits.
  • Ensure all new customer accounts are mapped to their respective sales representatives and correctly categorized as commissionable or non-commissionable (NCA).
  • Process commission statements and add manual commission adjustments.
  • Create bonus calculation files based on KPIs, including quarterly bonuses and annual catchups.
  • Calculate and review special incentives, ensuring alignment with company policies.
  • Send bonus objectives and payout amounts to the sales team using mail merge tools.
  • Update accrual journal entry files for month-end close.
  • Provide ad hoc templates, reports, and analysis for business leaders to evaluate their performance, including benchmarking and ROI analysis.

Requirements

  • Bachelor's degree in Finance, Accounting, or related field.
  • 2+ years of experience in financial analysis, preferably within a commission-based environment.
  • Proficiency in financial/business intelligence software.
  • Advanced Microsoft Excel skills and experience working with large data sets.
  • Experience with SAP and a commission management system is a plus.
  • Strong team player with excellent communication skills.
  • Entrepreneurial mindset with autonomy and problem-solving skills.
  • Ability to work independently and manage multiple tasks in a fast-paced environment.
  • Extremely organized and detail-oriented.
  • Strongly focused on results and respectful of deadlines.

Benefits

  • Internal mobility program
  • Talent development opportunities
  • Diverse workplace environment
  • Commitment to fostering internal mobility
  • Equal Opportunity Employer
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