Director, Finance (Inventory Control)
$137.4k - $259.05kRoss Stores
Our values start with our people, join a team that values you!
Bring your talents to Ross, our leading off-price retail chain with over 2,200 stores, and a strong track record of success and growth. Our focus has always been bringing our customers a constant stream of high-quality brands and on-trend merchandise at extraordinary savings. All while providing a fun and exciting treasure hunt experience.
As part of our team, you will experience:
- Success . Our winning team pursues excellence while learning and evolving
- Career growth . We develop industry leading talent because Ross grows when our people grow <
- Teamwork . We work together to solve the hard problems and find the right solution
- Our commitment to Diversity, Equality & Inclusion, and our community. We celebrate the backgrounds, identities, and ideas of those who work and shop with us because our differences make us stronger. We strive to be a positive force in our community.
Our Corporate headquarters are in Dublin, CA, we have 3 buying offices in key markets in New York City, Los Angeles, and Boston, and 8 distribution centers nationwide. With 2023 revenues of $20.4 billion, we are a Fortune 500 company who is committed to providing an inclusive work environment with continuous learning opportunities and development for our teams.
GENERAL PURPOSE
The Director of Inventory Control & Analysis will be responsible for leading financial planning, forecasting, and business analytics functions for Ross as it relates to Inventory and Gross Margin. As a key leader within the finance team, this role will provide critical insights and decision support to senior leadership, helping drive financial and operational performance, profitability, and strategic initiatives. Additionally, the Director of Inventory Control & Analysis will own the creation of various financial reports and board level updates to support our Senior Executives (including “C” level executives), Board of Directors, and Investor Relations department. The successful candidate will possess a strong analytical mindset with a deep understanding of retail finance and the ability to partner effectively across diverse business units. This is a high-impact role that requires a forward-thinking finance leader who thrives in a fast-paced, results-driven environment. The Director will report to the Vice President of Inventory Control and will interact frequently with all levels across the Company.
ESSENTIAL FUNCTIONS
- Lead, mentor, and develop a high-performing team, fostering a culture of accountability, innovation, and continuous improvement.
- Engage with business partners across the organization to understand key drivers and strategies that impact financial performance and metrics (i.e. tariffs)
- Perform complex ad-hoc analysis on key inventory metrics (inventory, markdowns, sales) based on business needs or management requests. Clearly articulate the results and business impacts to all levels of management including preparation of PowerPoint recaps.
- Support Senior Executives (including “C” level management), Board of Directors, and Investor Relations by providing board level updates as well as analysis into sales and gross margin results and forecast as well as inventory position both in the stores and distribution centers.
- Own the updating and enhancement of the In-Store inventory and production planning model that is used by executives, across the company, for financial planning and inventory position review forward looking.
- Partner closely with business partners to solicit inputs and provide feedback on inventory and sales metrics for In-Store inventory.
- Manage and provide impact analysis on in-store inventory and other key metrics driven by recent results and weekly forecast updates as well as variance analysis and prepared notes to be reviewed at the weekly In-Store calls.
- Drive the annual gross margin and inventory budget process providing analytics to senior leaders.
- Collaborate with business partners (i.e. Store & DC Ops) to drive understanding and/or improvement in operational metrics that correlate to improved data integrity and accurate shrink results.
- Evaluate internal reporting, make recommendations and oversee execution of improvements in timeliness, efficiency, and accuracy of existing reporting procedures.
- Lead system projects, modifications, enhancements and implementations including requirements documentation and testing.
COMPETENCIES
Building Effective Teams
Developing Talent
Collaboration
Leading by Example
Communicates Effectively
Ensures Accountability & Execution
Manages Conflict
Business Acumen
Plans, Aligns & Prioritizes
Organizational Agility
Influencing Others
Integrity & Trust
Attention to Detail
Adaptability
QUALIFICATIONS & SPECIAL SKILLS REQUIRED
- Minimum of 7 to 10 years post-college experience with demonstrated success at increasing levels of responsibility including managing a team
- Dynamic and self-motivated – must have the business acumen and drive necessary to be part of managing in a fast-paced, changing retail environment.
- Retail and inventory experience a plus
- Strong analytical ability – must be able to synthesize data, be able to error check and reconcile work and be able to design analysis to answer specific questions
- Demonstrated ability to recruit, manage, and develop high-performing staff.
- Strong excel and word skills, as well as ability to learn multiple back end software applications (i.e. MicroStrategy, Hyperion, Peoplesoft Financial Systems)
- Ability to interact with all levels within the organization and handle matters professionally
- Excellent oral and written communication and interpersonal skills.
- Ability to create PowerPoint presentations as needed
EDUCATION / CERTIFICATIONS
- BS degree, preferably in Finance or Accounting; MBA a plus
PHYSICAL REQUIREMENTS
Job requires ability to work in an office environment, primarily on a computer
Requires sitting, standing, walking, hearing, talking on the telephone, attending in-person meetings, typing, and working with paper/files, etc
Consistent timeliness and regular attendance
Vision requirements: Ability to see information in print and/or electronically
This role requires regular in-office presence, including to engage in in-person team interaction, meetings and collaboration, client support, mentoring, coaching, and/or feedback
However, this role can perform duties effectively using a combination of in-office and remote work
SUPERVISORY RESPONSIBILITIES
2 Sr. Managers
DISCLAIMER
This job description is a summary of the primary duties and responsibilities of the job and position. It is not intended to be a comprehensive or all-inclusive listing of duties and responsibilities. Contents are subject to change at management's discretion.
Ross is an equal employment opportunity employer. We consider individuals for employment or promotion according to their skills, abilities and experience. We believe that it is an essential part of the Company's overall commitment to attract, hire and develop a strong, talented and diverse workforce. Ross is committed to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), veteran status, military status, marital or registered domestic partnership status, medical condition (including cancer or genetic characteristics), genetic information, gender, gender identity, gender expression, sexual orientation, as well as any other category protected by federal, state or local laws.
The base pay range for this role $137,400.00 to $259,050.00. The base pay range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.
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