Merchandising Finance Manager

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Position Purpose:

The Merchandising Finance Manager, Team Leader role has responsibility for all aspects of the P&L (Sales, Margin and Inventory/Turns) for a Merchandising department portfolio. The Finance Manager works closely with the Merchandising Vice President to set the financial and strategic business goals that will drive the business. The ideal candidate should feel comfortable presenting and defending their analysis to senior leadership. The Finance Manager splits his or her time between the following three activities: strategy development and implementation; planning and forecasting; and analysis/reporting. Some key examples of responsibilities include: leading the Strategic Planning Process by working with Merchandising VPs to develop strategic and operational plans, serving as the financial leader in Product Line Reviews to select balanced assortments and vendor selection, developing 3 year financial plans to support the Merchandising strategy including sales and profitability, investment decisions, capital allocation, scenario analysis, reporting and analyzing financial results weekly, monthly, and quarterly.

Key Responsibilities:

• Strategic Analysis/Problem Solving - Works to fully understand business; identify and implement process and organizational improvements. Plans and ensures execution of department objectives. Participates in preparation of the annual budget, reviews monthly expenditures and ensures that budgetary goals are met. Reviews monthly metrics to ensure goals are met.

• Conduct financial planning for function and make appropriate recommendations.

• Leads, plans, and coordinates work teams in an efficient manner to effectively perform any financial function and activity; utilizes metrics to track performance and manage workload. Ensures operational processes and procedures are compliant and consist with established policies.

• Drive key functional financial metrics.

• Project Management- Develops and supports a strategic alliance with business partners. Participates in cross-functional activities focused on solving business issues and enhancing our competitive advantage. Facilitates cross-functional communication with other areas of the business including but not limited to Finance, Human Resources, Real Estate, Operations, and Information Systems.

Direct Manager/Direct Reports:

• Typically reports to a Director level

• This position has no direct reports.

Travel Requirements:

• Typically requires overnight travel 5% to 20% of the time.

Physical Requirements:

• Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.

Working Conditions:

• Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.

Minimum Qualifications:

• Must be eighteen years of age or older.

• Must be legally permitted to work in the United States.

Minimum Education:

• The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.

Minimum Years of Work Experience:

• 5

Competencies:

• Knowledge of accounting principles and practices, analysis and reporting of financial data.

• Knowledge of business and mgmt. Principles involved in strategic planning and resource allocation.

• Project management skills; ability to prioritize and multi-task effectively.

• Judgement and decision-making skills; considering relative costs, benefits of potential actions.