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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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What You Should Know About Budget Management Associate, Macy's Jobs

Join the exciting team at Macy’s as a Budget Management Associate in New York, United States! Are you ready to dive into the world of marketing and advertising budgets? At Macy’s, we believe in storytelling, not just in our famous parades and fireworks, but in how we manage our financial resources to create remarkable experiences for our customers. In this role, you will be at the heart of our marketing operations, ensuring that our investments are impactful and aligned with our business priorities. You’ll analyze past spending, forecast future budgets, and provide valuable insights that guide our marketing decisions. Collaborating closely with marketing leaders and finance teams, you’ll have the opportunity to influence budget allocations through your strategic analysis and recommendations. From preparing budget summaries to developing processes that streamline our workflows, your expertise will help us optimize our marketing spend while fostering relationships both within our team and with external stakeholders. If you have a knack for financial analysis, enjoy data-driven decision-making, and are passionate about enhancing budgets through collaboration and strategic planning, we want you on our team! With a rich history of over 160 years, Macy's is about more than just retail; it’s about creating memorable moments, and you can be a critical part of that story. Apply today to help us write the next chapter!

Frequently Asked Questions (FAQs) for Budget Management Associate Role at Macy's Jobs
What are the main responsibilities of a Budget Management Associate at Macy’s?

As a Budget Management Associate at Macy’s, your core responsibilities will include managing and optimizing marketing and advertising production budgets. You will analyze historical spending data to create detailed budgets, track performance, prepare variance analyses, and collaborate with finance teams to provide insightful reporting that aligns with key business priorities.

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What qualifications do I need to become a Budget Management Associate at Macy’s?

To qualify for the Budget Management Associate position at Macy’s, you should possess a Bachelor’s degree or equivalent experience in a related field and have at least 8 years of budget management, finance, or accounting experience. At least 5 years should involve operationally managing media, production, or marketing budgets, along with strong analytical and communication skills.

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How does a Budget Management Associate at Macy’s contribute to strategic decision-making?

In your role as a Budget Management Associate at Macy’s, you will significantly influence strategic decision-making by providing financial insights and recommendations based on comprehensive data analysis. Your ability to assess past spending patterns and forecast future budgets will help guide prioritization of marketing investments aligned with company goals.

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What skills are essential for a Budget Management Associate at Macy’s?

Essential skills for a Budget Management Associate at Macy’s include expertise in budget management and forecasting, strong financial analytical skills, ability to collaborate cross-functionally, effective reporting and presentation skills, and a clear understanding of financial acumen. These skills will enable you to drive cost-effective marketing strategies effectively.

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What career growth opportunities exist for Budget Management Associates at Macy’s?

Macy’s invests in its employees through continuous learning and leadership development, providing ample career growth opportunities for Budget Management Associates. You will have access to various training programs, mentorship, and the chance to participate in Colleague Resource Groups, allowing you to develop and advance within the company.

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Common Interview Questions for Budget Management Associate
Can you describe your experience with budget management and forecasting?

When answering this question, emphasize specific examples where you managed and optimized budgets. Discuss how you analyzed previous spending, prepared forecasts, and how your strategies led to cost savings or improved efficiency, showcasing your analytical skills.

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How do you prioritize spending requests in a budget management role?

Discuss your approach to evaluating spending requests based on business impact. Explain how you assess the potential ROI and align requests with key strategic initiatives, ensuring alignment with company goals.

Join Rise to see the full answer
What tools or software do you use for budget tracking and reporting?

Mention any financial software or tools you have experience with, such as Excel, SAP, or budgeting tools. Explain how these tools help streamline your budget tracking, reporting, and forecasting processes.

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How would you handle a situation where your budget projections are significantly off?

You can explain the importance of adaptability in budget management. Discuss how you would analyze the reasons for the discrepancies, communicate with stakeholders, and develop an action plan to mitigate any issues while ensuring alignment with overall strategies.

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Can you give an example of how you influenced a budget decision?

Provide a concrete example where you used data-driven insights to influence a budget decision. Highlight your analytical process, the recommendations you made, and the positive outcomes that resulted from your input.

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What strategies do you employ for effective cross-functional collaboration?

Discuss your communication skills and your approach to building relationships with other teams. Emphasize the importance of understanding different perspectives and how you foster an inclusive environment for budget discussions.

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How do you stay updated on industry trends in budget management?

Mention specific resources such as industry publications, webinars, or professional networks you engage with to stay current on budget management trends. Explain how this knowledge informs your work and decision-making at Macy’s.

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What is your approach to variance analysis in budget reporting?

Describe your systematic approach to variance analysis, emphasizing how you identify discrepancies between planned and actual spending, interpret the causes, and use this information to make informed decisions.

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How do you ensure accuracy in your financial models and reports?

You can discuss your meticulous attention to detail and your review processes. Explain how you cross-check data and collaborate with finance teams to ensure accuracy and reliability in all reports.

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What motivates you to work in budget management?

Share your passion for analytics and financial strategy. Discuss how contributing to cost-effective decision-making and optimizing marketing budgets aligns with your career goals and the impact it has on the company’s success.

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DATE POSTED
April 4, 2025

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