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 I FRS standards. The scope of the role spans all compensation and benefit offerings, including salaries, payroll taxes, bonuses, loing-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 compen s ation structures, payroll systems , benefits accounting and payroll tax regulations.
Reporting to the Head of Financial Reporting and Tax , this role will serve as a critical liason 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.
What impact you can create at CHANEL:
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 help s advance broader business objectives and interacts with the Business Finance Teams.
*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/will] be offered for this position. Other components [may/will] include bonus potential, benefits, and/or perks .
Family and care giving benefits (inclusive of parental leave, fertility support, MilkStork, and Care.com Membership)
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 & Parki ng
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:
Diversity and Inclusion :
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 Employee Resource Groups in the US that are voluntary, open to all, employee-led groups formed around a shared identity or lived experience, whose aim is to foster a diverse, inclusive, and equitable community aligned with the values and missions of the communities they support.
