Merchandise Financial Planner

1 month ago

Ottawa, Canada Giant Tiger Full time
Compensation Grade:

Grade 6

Job Description: Who We Are:

We are a Canadian owned and operated retailer (and proud of it), with a strong commitment to the community, and over 60 years of success. If you are looking for a challenging and dynamic career, Giant Tiger may be right for you. We believe in opportunities for growth & development, teamwork, and engagement.

About The Role:

The Merchandise Financial Planner will partner with our Merchant teams to develop financial strategies that will drive our sales and profitability. This role involves creating detailed financial plans, analyzing performance data, managing open-to-buy (OTB), and collaborating on action plans to meet financial goals. The planner will also conduct post-season analyses, recommend inventory strategies, and develop projections for high-volume items, ensuring alignment with overall business objectives.

What You’ll be Doing:
  • Develop class level financial strategies with the Merchant team to maximize sales and profits. Create bottom up plans per class per period for all financial metrics that support approved strategy. Validate that store plans are aligned with the strategy.
  • Analyze weekly/monthly sales, profitability and inventory to identify issues and risks related to achieving our financial plan, develop and execute actions plan to course correct businesses that are off plan in conjunction with the Merchant team and with the support from the Replenishment team. Ownership of the open-to-buy (OTB). Active participation during the POD meeting as the merchandise financial planning representative.
  • Following the end of a season, prepare a Post Mortem analysis of actual results with the Category Management team to build next year's merchandise strategy.
  • Recommend and execute inventory exit strategies and markdowns to close season on inventory plan.
  • Develop sales projections and inventory flow of business driver items (high volume items) and ensure the follow up of the performance and propose actions plan to course correct.
  • Prepare the Line Review document to ensure proper flow of receipts, validate financial metrics and assess impact of any changes or outcomes.
  • Conduct in-depth and adhoc analysis to incorporate learnings of actual results into current and future plans.
  • Develop purchase plans for AR (automatic replenishment), analyze the performance and make recommendations.
What You’ll Bring:
  • Minimum 3 years related experience in the retail industry, preferably with a national retailer.
  • Solid understanding of retail Merchandise Financial planning process and metrics.
  • Strong analytical skills, ability to identify trends and propose actions plans.
  • Strong communication skills; able to interact and negotiate with all levels of the organization, ability to present information in an effective and concise manner.
  • Advanced Microsoft Excel skills.
  • Detail oriented and organized.
  • Ability to prioritize and multi-task within time constraints.
  • Ability to work independently and as part of a team.
Assets You May Have:
  • Experience with business intelligence software.
  • Experience working in a large, multi-site national retailer.
  • Bilingual (English/French).
Travel Requirements:
  • Visiting local stores on a quarterly basis.
Job Requisition:

JR125185

Giant Tiger is an equal opportunity employer and is committed to fair employment practices.

Are you interested in this position but don’t yet meet all the criteria? We want you to apply anyway

During our recruitment process we are looking for an incumbent that will not only learn and grow in the role, but also contribute to our diverse, equal and inclusive culture.

If you require accommodation during your pursuit of a role at Giant Tiger please contact careers@gianttiger.com.

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