Essential Function
The Associate Merchandise Financial Planner is a strategic partner to Merchants and Planning & Allocation in planning and forecasting financial metrics to support category strategies driving sales, margin, and inventory efficiency. Responsible for a specific area under the Sr. Merchandise Financial Planner.
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Planning and forecasting the future sales, inventory, and profits to meet budgetary requirements at the category level. Determine the supporting inventory levels and open to buy.
Execute modeling and analysis to support profitability of long-range corporate targets.
Weekly communication to merchandising partners of risk and opportunities relative to the planner forecast.
Supporting ad-hoc projects through modeling, analysis, and cross functional partnership.
Reporting and actualization.
Knowledge, Skills and Abilities
College degree (BA or BS) preferred
Retail or consumer goods industry experience preferred
Strong Excel skills, experience working with large data sets and scenario modeling
Strong analytical skillset with attention to detail
Strong organizational skills including prioritizing, scheduling, time management, and meeting deadlines
Able to prepare and present category forecasts and financial findings to business partners
2-3+ years’ experience in merchandising planning, analytics planning, or finance, with experience in managing a budget for sales, margin, and inventory
Competencies / Attributes
Ability to plan, forecast, and exercise sound judgment
Strong communication skills, written and verbal
Strong math ability
Work effectively with cross functional teams
Working Conditions /Physical Requirements
The work is sedentary. Typically, the employee may sit comfortably to do the work. However, there may be some walking; standing; bending; carrying of light items such as papers, files, books, small parts; driving an automobile, etc. No special physical demands are required to perform the work.
The work environment involves everyday risks or discomforts which require normal safety precautions typical of such places as offices, meeting and training rooms, libraries, and residences or commercial vehicles, e.g., use of safe work practices with office equipment, avoidance of trips and falls, observance of fire regulations and traffic signals, etc. The work area is adequately lighted, heated, and ventilated.