Budget Management Associate

Be part of an amazing story.

Macy's is more than just a store. We're a story. One that's captured the hearts and minds of America for more than 160 years. A story about innovations and traditions...about inspiring stores and irresistible products...about the excitement of the Macy's 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We've been part of memorable moments and milestones for countless customers and colleagues. Those stories are part of what makes this such a special place to work.

Job Overview

The Associate, Budget Management manages and optimizes marketing and advertising production budgets for Macy's. This role ensures marketing investments align with key business priorities by analyzing past spending, forecasting budgets, and providing financial insights. Partnering closely with marketing leadership, finance teams, and key stakeholders, this position influences budget decisions through data-driven analysis, reporting, and strategic recommendations.

What You Will Do

• Manage marketing and advertising production budgets in collaboration with marketing leadership, ensuring spending aligns with key business priorities and initiatives.
• Analyze historical spending to develop detailed marketing and advertising production budgets. Track spend, performance, and update forecasts with finance.
• Work with marketing leads to evaluate and prioritize spending requests based on business value and impact.
• Prepare regular and ad hoc budget summaries, including variance analysis, risk assessments, and opportunities for optimization. Partner with finance team to develop in-depth and regular reporting cadence.
• Collaborate with marketing leadership and finance teams to manage reporting across weekly, monthly, quarterly, and annual cycles.
• Develop processes to streamline existing workflows, as well as track and optimize marketing spend in partnership with finance, marketing leaders, and data teams.
• Conduct ad hoc analyses to support decision-making.
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities.
• In addition to the essential duties mentioned above, other duties may be assigned.

Skills You Will Need

Budget Management & Forecasting - Expertise in developing, managing, and optimizing marketing and advertising production budgets, ensuring alignment with business priorities.

Financial Analysis & Modeling - Strong analytical skills to assess past performance, build financial models, and provide data-driven insights for strategic decision-making.

Strategic Decision-Making - Ability to influence business leaders through financial insights, scenario planning, and risk assessments to drive cost-effective marketing investments.

Cross-Functional Collaboration - Proven ability to partner with marketing leadership, finance teams, procurement, and other stakeholders to optimize spending and improve efficiency.

Reporting & Performance Tracking - Experience in preparing budget reports, variance analysis, and forecasting to monitor budget performance and identify opportunities.

Presentation & Communication - Strong ability to distill complex information (budgets, analysis) into streamlined reports, budget recommendations, and strategic insights to senior leadership.

Process Improvement & Cost Optimization - Clear systems thinker. Track record of identifying process enhancements, negotiating cost savings, and implementing best practices for budget efficiency.

Financial Acumen - Proficiency in finance and accounting principles, including reading P&Ls, understanding capital expenditures, and interpreting key financial KPIs.

Who You Are

• Candidates with a Bachelor's degree or equivalent work experience in a related field are encouraged to apply.
• 8+ years of budget management, finance, or accounting experience, with at least 5 years operationally managing media, production, advertising agency, or marketing budgets.
• Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel. Occasionally required to move about the workplace and reach with hands and arms. Requires close vision.
• Able to work a flexible schedule based on department and company needs.

What We Can Offer You

Join a team where work is as rewarding as it is fun! We offer a dynamic, inclusive environment with competitive pay and benefits. Enjoy comprehensive health and wellness coverage and a 401(k) match to invest in your future. Prioritize your well-being with paid time off and eight paid holidays. Grow your career with continuous learning and leadership development. Plus, build community by joining one of our Colleague Resource Groups and make a difference through our volunteer opportunities.

Some additional benefits we offer include:

• Merchandise discounts
• Performance-based incentives
• Annual merit review
• Employee Assistance Program with mental health counseling and legal/financial advice
• Tuition reimbursement

Access the full menu of benefits offerings here.

About Us

This is a great time to join Macy's! Whether you're helping a customer find the perfect gift, streamlining operations in one of our distribution centers, enhancing our online shopping experience, buying in-style and on-trend merchandise to outfit our customers, or designing a balloon for the Thanksgiving Day Parade, we offer unique opportunities to be part of some of the most memorable moments in people's lives.

Join us and help write the next chapter in our story - apply today!

This job description is not all-inclusive. Macy's, Inc. reserves the right to amend this job description at any time. Macy's, Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.

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