Merchandise Financial Planner (9-Month Contract) - Hybrid

Job description

Overview

This hybrid position will be located at our Corporate Office in North York, Ontario. Expectations for hybrid in-office schedule is three days a week, typically Tuesday, Wednesday, and Thursday.

 

Foot Locker, Inc. is hiring for a Merchandise Financial Planner to join our team! We're seeking outgoing individuals with planning experience with a passion for impressing the customer. The Financial Planner's main function is to unite the product merchandise vision with the divisional financial strategies to generate sales, profit, and liquidation levels. The translation of the product vision into an actionable plan is key to the role. The Financial Planner is accountable for the development, coordination, and review of planning and inventory management from total company level down to store level, with the objective of improving turnover and gross margin. One of the key Financial Planner responsibilities is to establish effective working relationships with vendors to strengthen business and support company strategies. Past and predicted vendor and product performance will help the Financial Planner determine departmental strategies for the coming seasons. To be successful in this role, you will need commercial awareness, excellent analytical and communication skills. The internal title for this role will be Financial Planner.

 

 

Corporate Office - Ontario

230 Barmac Road, 2nd Floor

North York, Ontario, M9L 2Z3

Responsibilities

Pre/In-season Financial Planning  

·  Create pre-season department/vendor omnichannel sales, markdowns, receipts, and margin plans that support the merchandise strategy
·  Reconcile bottom-up and top-down plans with Sr. Director Planning, in line with established financial targets 
·  Drive the Open to Buy process for the Assortment Planner and Buyer, clearly identifying opportunities whilst managing inventory levels 
·  Prepare and facilitate Open to Buy meetings 
·  Analyses initial pricing structures, proposes in season pricing strategies 
·  Lead weekly product performance review with team and identify key actions 
·  Builds trusting, mutually beneficial relationships with colleagues and vendors 
·  Attend vendor pre and final lines to align on financial product strategies  

Vendor Management  

·  Develop understanding of vendor trade terms to comply to rules of engagement 
·  With Sr. Director Planning, compile and analyze departmental vendor results and strategies 
·  Create with Sr. Director Planning vendor seasonal forecasts 

 

Qualifications

·  University or College degree in Business Administration, Economics, Supply Chain or equivalent education and experience
·  Minimum 3 years’ experience in a trend driven, high volume company 
·  Experience with constructing financial plans 
·  Advanced Excel skills are a must
·  Experience using planning tools (Marketmax, Arthur, SAP, etc) is preferable 
·  Business mathematical skills required 
·  Strong analytical and critical thinking skills 
·  Problem solving and decision-making abilities 
·  Ability to work under pressure and with own initiative 
·  Sound business/commercial awareness, high concern for effectiveness, entrepreneurial 
·  Enthusiastic, goal-oriented team player with a desire to join the biggest in the business 
·  Superior communication skills and ability to influence across all levels of a complex, culturally diverse matrix organization
·  Natural ability to engage others into buying into a vision or a solution, while keeping an open mind to others opinions
·  Proactive communication, conveys healthy confidence, energy and inspires trust 
·  Understands and is passionate about sneaker culture is a plus

Benefits

The annual salary range for this role is $70000 - $85000 / year. This range represents the anticipated low and high end of the salary for this position. Salary will be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity, location, and alignment with market data.

·  Employee Discount
·  Strong Company Culture
·  Employee Resource Groups