PetSmart Store Support Group, Inc.
The Sr Merchandise Financial Planner is a key associate in the MPA team, responsible for the development of accurate annual and seasonal financial plans (sales, margin, inventory and turn) that support the merchandise strategy and financial objectives of large and complex business units. This role achieves success through:
Creating and revising all components of a rolling merchandise forecast (sales, margin, receipts, inventory and turn)
Making both collaborative and independent day-to-day decisions which affect gross margin dollars
Partnering with the Buyer and Assortment teams to influence the assortment and promotional plans
Analyzing and anticipating selling patterns to influence the allocation and replenishment strategy
Providing thought leadership, analysis and insights into trends and recommendations for actions to maximize sales, margin and inventory productivity both on a daily basis and via periodic small and large scale presentations.
Additionally, the Sr Merchandise Financial Planner is responsible for following the Merchandise Planning P&Ps that supports delivering the merchandise plan objectives including growth in sales and margin, and driving cost reductions and inventory productivity gains. This includes identifying and communicating opportunities for improvement in the assigned categories of responsibility to management and working with peers and business partners to enable a strong cross functional team. This position is responsible for influencing the overall merchandise strategy for assigned categories, levering a solid knowledge of planning practices and alignment with merchandising, promotional and assortment strategies. Additionally, this role leverages analytical skill sets to influence the decision making process and deliver the merchandise plan objectives.
ESSENTIAL DUTUES AND RESPONSIBILITES are included but not limited to:
Achieves sales, margin, and inventory turnover and other KPIs as designated to plan
Develop yearly/seasonal/weekly category merchandise financial plans (sales, margin, inventory and turn) in accordance with company goals, historical performance and trend analysis. Present strategies to Senior Management.
Analyze and reforecast the business and recommend/implement strategies to maximize opportunities and minimize risk.
Support the leadership team in the seasonal, annual, and long-range strategic and financial planning across a wide array of vendor (direct and external), customer, and merchandising segments. Influences inventory levels and allocation strategies to stay in line with the turn and inventory plan.
Lead, execute and measure performance against the business planning and product creation calendars to drive timely and informed decision making
Own the end-to-end management of merchandise and financial planning, including the optimization of inventory investments across life cycle pricing, in-stock and service levels, and seasonal transitions
Set targets and achieves plans for good/better/best pricing proportions, inventory and space productivity required to support the sales and gross margin plans
Maintain high levels of promotional product availability during promotional periods while minimizing aging and discontinued inventory levels.
Develop key, new and one-time buy items plans and then partner with Merchandise Buyers and Allocation Teams to adjust inventory levels where appropriate in season.
Conduct detailed post-season or post-event analysis, leveraging customer data when appropriate, and present insights and recommendations to leadership team.
Actively create and lead special projects that drive growth opportunities
Work with space and assortment planning team members to influence the assortment planning process based on insights, analysis and strategic direction
Use consumer insights and data combined with a structured test and learn approach to maximize growth opportunities
Support the VP & Director to present within various strategic meetings for the division (i.e. Direction Setting, Marketing Execution meetings, Line Reviews, Open-To-Buy, Vendor, QBR, and other meetings)
Integrate all processes and systems to fully optimize accuracy, efficiency, inventory productivity, and financial productivity.
EDUCATION and/or EXPERIENCE
Bachelor’s degree required, preferably with a business focus.
5 years related experience and/or training; or equivalent combination of education and experience
JDA Enterprise Planning (or equivalent) experience preferred
Business Intelligence exposure
Demonstrate ability to develop analytical and problem solving skills (i.e. critical and evaluative thinking) required.
Strong communication and interpersonal skills, both written and verbal required. Ability to communicate effectively across many levels within the organization
Ability to influence decisions by creating a strong case for action, using analytical findings
Collaborative Skills: ability to partner across departments to drive decisions.
Must be a self-starter with the ability to manage multiple priorities.
Strong Excel and PowerPoint skills
PetSmart Store Support Group, Inc.
Website : http://www.petsmart.com/
PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada. The company offers consumables, such as pet food, treats, and litter; and hardgoods, which include pet supplies and other goods comprising collars, leashes, health care supplies, grooming and beauty aids, toys, apparel, and pet beds and carriers, as well as aquariums and habitats, accessories, décor, and filters for fish, birds, reptiles, and other small pets. It also provides fresh-water fish, small birds, reptiles, and small pets; and pet services, such as dog training, pet grooming, and pet adoption services. The company also offers pet food and pet products through an e-commerce site, PetSmart.com. PetSmart, Inc. was founded in 1986 and is based in Phoenix, Arizona.