Senior Manager, Accountant

Senior Manager, Compensation Accountant

At Chanel, we are focused on creating an inclusive culture that nurtures personal growth, contributing to collective progress. We believe the uniqueness of each individual increases the diversity, complementarity and effectiveness of our teams. We strongly encourage your application, as we value the perspective, experience and potential you could bring to CHANEL.

CHANEL is looking for a Compensation Accountant to join our Finance Team in Piscataway, NJ. You will play a leading role in ensuring all compensation-related transactions are accurately recorded in the correct fiscal period and in accordance with IFRS standards. The scope of the role spans all compensation and benefit offerings, including salaries, payroll taxes, bonuses, long-term incentives (LTI), severance, deferred compensation, 401(K), defined benefit pension plans, as well as benefits such as health, life and other employee offerings.

Our ideal candidate will have 5+ years of experience and strong knowledge of compensation structures, payroll systems, benefits accounting and payroll tax regulations.

Reporting to the Group Director of Corporate Accounting, this role will serve as a critical liaison among several key stakeholder groups, including Corporate Accounting, HR, Payroll and Financial Planning & Analysis. As this position centralizes expertise and oversight for compensation-related matters, all stakeholders should anticipate a shift towards a more streamlined, accurate and compliant handling of compensation and benefits accounting.

This position offers an exciting opportunity for a skilled accounting professional to make a significant impact by improving processes, reducing risk and strengthening internal controls. Success requires technical expertise in compensation accounting, a deep understanding of business processes/controls and the ability to collaborate effectively across HR, Finance and Payroll. While this is not a payroll processing role, knowledge of how Payroll interacts with Accounting (i.e., understanding pay codes and the flow of payroll data) is crucial for ensuring accurate reporting and compliance.

This position also supports Financial Planning & Analysis by managing budgets and forecasts related to compensation/benefit related accounts and providing an understanding of significant fluctuations from plan. This helps advance broader business objectives and interacts with the Business Finance Teams.

• Strong knowledge of compensation structures, payroll systems, benefits accounting and payroll tax regulations
• Excellent analytical skills, attention to detail and the ability to handle confidential information with maturity
• Ability to collaborate and communicate effectively across internal departments and with external partners
• Experience in process improvement and risk assessment within compensation accounting

Partially Remote:
Role requires a minimum of three days in-person office presence at our Piscataway, NJ office.

* Chanel, Inc. reserves the right to edit, change, or make exceptions on designations where circumstances where deemed appropriate.

• The anticipated base salary range for this position is $87,500 through $150,000. Base salary is one component of the total compensation for this position. Other forms of variable pay may be offered for this position. Other components may include bonus potential, benefits, and/or perks.

• Wellbeing resources include dedicated paid time off for wellbeing (2-week August office closure and a Wellbeing fund)
• Family and caregiving benefits (inclusive of parental leave, fertility support, Milk Stork, and  Membership)
• Generous paid time off policies to include vacation, holiday, sick and volunteer days
• 401K and other incentives
• Robust healthcare offerings; medical, dental, vision, MDLIVE (virtual care), One Medical, Flexible Spending Accounts (Health Care & Dependent Care), Health Savings Account and Employee Assistance Program
• Life insurance, Accidental Death & Dismemberment, Short Term Disability, Long Term Disability, Health Advocate, International Business Travel Accident & Medical, and Commuter Transit & Parking

Chanel is a private company whose values are grounded in creating the conditions for people to perform at their best and feel fulfilled and confident in their work. We offer a unique work environment where individuals are encouraged to better understand the brand, the business, and motivations, so that together we can unlock the possibilities of growth. This is reflected in:

• At CHANEL, we are intentional in promoting Diversity & Inclusion. We foster respect, empathy and dignity for all. We believe strongly that the diversity of our people across the full spectrum of human differences is essential to our organisation and the connections we have with each other and our clients.
• We offer…