Job DescriptionPosition OverviewThe High Jewelry Analyst supports the Manager in the development of the High Jewelry business. The Analyst is responsible for maintaining new product development roadmaps and ensuring accuracy of information communicated cross-functionally to facilitate projects and meet key milestones. The Analyst will partner with Manager in maintaining SKU-level details, pricing strategies for new and existing product, driving margin while maintaining proper pricing relationships among internal comps and competitive landscape. They will also develop reports and analyze product performance to initiate and facilitate new product development accordingly. Cross-functionally, the Analyst will partner with a variety of teams across Merchandising and Commercial on product strategies and new product launches.
Location: This position follows a hybrid schedule requiring 4 days in-office at our New York, NY location and 1 day remote.
Key AccountabilitiesLifecycle Management & Systematic Support
- Create and maintain image grids throughout various stages of development, ensuring accuracy of item detail.
- Update and maintain accurate item data for SKU-level attributes, descriptions and ticket information across merchandising systems and image grids.
- Create and maintain loose gemstone and diamond tracking & location files.
- Prepare and review price change submissions.
- Ensure project milestones are met on a timely basis (including SKU creation, maintenance, pricing updates and sign-off).
Reporting & Assortment Analysis
- Perform analysis and reporting for all monthly, quarterly, and annual business needs related to sales, product assortment, pricing, and gross margin for High Jewelry.
- Support the creation and development of reports and presentations for meetings and conferences, summarizing new product introductions and performance of current assortment.
- Analyze product assortments such as collection, classification, price point and sales trends, and make proposals for merchandise based on findings.
- Conduct reviews to validate the product assortment and provide recommendations for product requiring obsolescence management.
Pricing
- Assist Manager with formal price change reporting and presentations which include conducting analysis and gathering comparison SKU information to set retails for new and existing product, considering both margin targets and sales goals.
- Maintain accurate pricing files and ensure overall gross margin targets are met.
- Assist Manager with monitoring and addressing pricing discrepancies, submit off-cycle pricing requests.
- Determine retail replacement values for Valuation requests based on current market values, cost information, comparable products and dept. gross margin structure.
- Determine estimate retails for Custom Design requests based on like product (on hand & sold) and dept. gross margin structure.
- Pricing new receipts.
Cross-Functional Communication
- Partner with cross-functional teams to drive High Jewelry business needs, such as preparing presentation materials, distributing reports and completing administrative tasks.
- Kick off new development projects and ensure stone purchases/transfers for these projects.
- Provide timely product details and on order quantities to help support sales.
- Follow up on PO status updates and late orders.
- Coordinate style-outs and product category reviews.
Required Qualifications- Undergraduate College degree
- 3 years of prior Merchandising experience
- Proven ability to function effectively in a team environment.
- Ability to manage and uphold departmental standards and business direction.
- Exceptional analytical, problem-solving, and critical thinking skills with meticulous attention to detail.
- Clear and concise verbal and written communication skills.
- Advanced Excel and Power BI skills; rapid adoption of new software and business intelligence tools (e.g., Power BI, SAP).
- Strong organizational and project management abilities, capable of prioritizing, adapting to change, and consistently meeting deadlines.
- A process-oriented mindset focused on efficiency and continuous improvement.
- Possesses overall aesthetic sensibility.
Preferred Qualifications- Knowledge of the High Jewelry industry and/or gemstone expertise (Graduate Gemologist a plus)
- Experience with complex and/or high value Development processes.
The hiring range for this position ranges from $77,010 - $104,190. The rate of pay offered will be dependent upon candidates' relevant skills and experience.
