Job Description

Overview:

Responsible for the monthly Macys SG&A ROF processes. This position will oversee the monthly SG&A ROF process, validating and compiling business team submissions, analyzing and summarizing SG&A monthly forecasts and generating reports for senior management and business partners. They will work closely with business teams and Financial Planning partners to identify and explain significant variances to plans, previous ROFs or last year.

This position will also be responsible for the monthly Cash Flow and Balance sheet update. The Cash Flow model is updated each month in order to report actuals, generate forecasts for senior management, and to continually improve planning processes based on new information and implemented strategies that impact our Cash Flow and Balance Sheet. Perform other duties as assigned.

Essential Functions:

* SG&A ROF- For pre-closing and closing ROF: validate submissions from ~20 business team partners. Ensure all teams are following ROF protocol, including guidelines on commentary. Summarize and analyze SG&A ROF vs plan, last year, prior month's ROF etc. for senior management. Communicate significant variances to senior management.

* SG&A Actuals- After the ROF process, identify ledgers and Business teams that have actualized with a significant variance to ROF. Engage with teams to provide answers for senior management, and work to understand how this may impact out months.

* Cash Flow/Balance Sheet- Monthly actuals. Each month, collect and update cash flow models with actuals. Work with a number of partners to understand business impact of variances to our plan. Provide senior management with analysis for current month and any pertinent year end impacts. Extensive coordination with Treasury and Gross Margin Planning.

* Cash Flow/Balance Sheet- Semi-annual plans in system- uploading offline cash flow models into Hyperion (or relevant system). This includes MCY balance sheet and tax and interest, as well as validating balance sheets for MBS, BOS, BLM and BLU.

* Regular, dependable attendance and punctuality.

Qualifications:

Education/Experience:

* Bachelors degree and 2-4 years of related experience.

Communication Skills:

* Excellent written and verbal communication skills.

* Ability to read, write, and interpret instructional documents such as reports and procedure manuals.

Mathematical Skills:

* Must have above average mathematical skills, including the ability to compute rates, ratios, and percentages, and the ability to work with mathematical concepts such as probability and statistical inference.

Reasoning Ability:

* Must be able to work independently but under minimal supervision.

Physical Demands:

* This position involves extended periods of sitting and the extensive use of computer and the office equipment.

* May involve stooping, kneeling, or crouching.

* Involves close vision, color vision, depth perception, and focus adjustment.

Other Skills:

* Willingness to ask questions and seek answers to better understand information.

* Strong attention to detail and ability to multitask.

* Ability to communicate effectively with senior management.

* System knowledge will be extremely helpful.

* Ability to efficiently evaluate and resolve complex business challenges.

Work Hours:

* Ability to work a flexible schedule based on department and store/company needs.

This job overview is not all inclusive. In addition, Macys, Inc. reserves the right to amend this job overview at any time. Macys is an Equal Opportunity Employer, committed to a diverse and inclusive work environment. Macys, Inc. including Macys and Bloomingdales will consider for employment qualified applicants with criminal convictions in a manner consistent with SFPC Art. 49 and LA MC ch.XVIII Art. 9.