Official Specifications
Role Overview & Mandate
Executive Summary
Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion....
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Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion.
If you enjoy working in a creative, fast-paced environment, then we would love to hear from you!
"I FEEL really LUCKY to be SURROUNDED by SUCH a GREAT TEAM. I’m not only GRATEFUL that they’ve HELPED me ACHIEVE my GOALS, but also that I CAN GIVE them a PLACE WHERE THEY can ACHIEVE theirs."
- MICHAEL KORS -
We have an exciting opportunity for a Commercial Finance Analyst in our London office.
Department Overview:
The Commercial Finance department based in London looks after all the strategic planning and reporting for the EMEA region. The team is positioned in the commercial head office to support sound financial business decisions, interact with and optimize relationships across all departments with a focus on Retail, Ecommerce and Wholesale.
In addition the team works alongside their counterparts in corporate finance based in Manno, Switzerland and Venlo, The Netherlands.
What You’ll Do:
This is an exciting opportunity for a Finance Analyst to join the Michael Kors Commercial Finance team.
This role will support the Commercial Finance Manager with reporting and analysis on the European Retail business.
- Own the month end close process for field payroll across the Retail & Wholesale channels, producing month end packs, monitoring variances to forecast and providing commentary to explain movements
- Supporting the Retail Finance Manager with the annual budgeting process and subsequent iterations throughout the year
- Lead monthly meetings with Regional Directors and HR Business Partners to review store headcount and performance against key payroll related KPI’s
- Monthly commission and bonus calculations for store staff, liaising with the Retail field team for feedback
- Quarterly / monthly sales bonus plans for stores – own full process including presenting to Retail Directors and collating feedback from District Managers. Responsible for phasing of these plans down to weekly & daily level of detail
- Working closely with the senior Retail, HR and field teams on ad hoc analysis to help drive business performance, including developing new employee incentive strategies and providing financial support for pay range reviews
- Support the Retail team with ad hoc analysis and process improvements
- Support the Wholesale team with the seasonal and weekly market orders process, updating the weekly shipments dashboard and managing the monthly cost tracker, including variance analysis
- Provide monthly, quarterly and ad hoc analysis to EMEA leadership and US Finance team
You’ll Need to Have:
- University Graduate or approx. 1-2 years’ experience preferred
- CIMA/ACCA/ACA (Beginner or part qualified), study support provided
- Excellent knowledge of Excel
- Understand the fashion retail business in order to advise on opportunities for further business growth and operational excellence
- Ability to work in a fast paced and dynamic environment
- Strong communication skills in a cross-cultural environment. Ability to communicate with Finance and Non Finance customers
We’d Love to See:
- Collaboration
- Communication
- Team development
- Drive Results
- Entrepreneurial
- Functional Skills
MK Perks:
Our purpose is to make all employees and customers #FeelGreat with Michael Kors. When you join our business, we want you to feel like a valued member of the team from Day 1. To make your journey enriching with us, we offer –
- Cross-brand Discount
- Exclusive Employee Sales
- Summer Fridays
- Internal mobility across Capri Brands (Michael Kors, Jimmy Choo, Versace)
- Flexible working hours
- Thrive Wellness Program
- LifeWorks Employee Assistance Program
- #FeelGreat program that include the following pillars: Connected Communities/Inspired Innovation/ Responsible Future/Meaningful Experiences
- Pension Contribution
- Season Loan Tickets
- Enhanced Maternity and Paternity Pay
- Private Health and Dental
- Gym Discounts
At Capri, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences. Capri is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. M/D/F/V
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