About Banana Republic
Banana Republic was founded with an explorer's spirit and a desire to venture to new places, beyond the boundaries of the everyday. Our clothing is designed for a life with no boundaries.
We travel near and far in search of the finest materials and fabric innovations to infuse style with substance, because we believe that what you wear should open a world of possibilities. And the people that make up Banana Republic share the same qualities as our brand: curious, connected, undaunted by boundaries. Sound like you? Join us for the adventure of what's next.
About the Role
This highly visible position is responsible for managing store labor (the largest expense item on the brand's P&L) for Banana Republic Factory stores in North America. This includes traditional budget, forecast and close responsibilities as well as providing strategic and analytical support for various ad-hoc initiatives and proactively identifying opportunities along with recommendations.
In addition, this position is responsible for maintaining the Essbase labor model/payroll allocation tool. This includes managing the integrity of the model and all data as well as weekly responsibilities such as hindsight reporting and store level staffing report generation.
This position reports directly to the Labor Planning Manager on the Field Finance team and frequently interacts with both headquarters and upper field leadership.
What You'll Do
- Effectively manage Store Payroll and Benefits expenses for the fleet and own development and communication of monthly financial forecasts/close that accurately predicts business performance and highlight key issues for management.
- Develop the annual budget, long-range plans for Store Payroll and Benefits that meet all FP&A requirements, are aligned with BR strategies and incorporate input from key business partners.
- Develop the strategy and provide the required analytical support to recommend new and different ways of managing labor in a constantly changing business environment.
- Partner with Manager and various field and HQ business partners to support, analyze and pilot various labor related initiatives.
- Identify key drivers of risk and opportunity and proactively investigate and develop recommendations to mitigate risk or capture opportunities.
- Completely own, understand and manage the labor model; ensuring it has the highest level of data integrity (e.g. store attributes, time standards, weekly forecast, and budget data inputs).
- Own weekly responsibilities: hindsight reporting, loading weekly forecast workload drivers, and preparing and delivering of store level staffing reports.
Who You Are
- Must have strong technical skills and the ability to learn, troubleshoot and own/manage highly complicated models. Must be extremely proficient in Excel and Essbase. Experience with Gap Inc. data sources a plus. Strong technical aptitude including the ability to learn company systems and tools.
- Bachelor's degree in Finance/Accounting or equivalent required. MBA a plus.
- 3-5 years of retail Finance and/or Operations experience required. Field Experience a plus.
- Demonstrated ability to operate as a self-starter with the ability to work independently and/or collaboratively with other groups, as necessary.
- Demonstrated ability to fully own and manage multiple tasks/projects, to prioritize, and adapt to a changing, fast paced environment.
- Must be highly detail oriented with strong organizational, analytical and problem solving skills. Must have the ability to synthesize large amounts of data into a cohesive framework.
- Excellent interpersonal and communication skills with proven ability to interact with all levels of management.
- Desire to provide excellent customer service.
- Proven ability to drive results.
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 (https://corporate.gapinc.com/en-us/careers/gap-inc-careers/gap-inc-benefits) 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. This year, we've been named as one of the Best Places to Work by the Human Rights Campaign (https://www.hrc.org/resources/best-places-to-work-for-lgbtq-equality-2022) for the seventeenth consecutive year and have been included in the 2021 Bloomberg Gender-Equality Index for the fourth year in a row.
