RETAIL FINANCE MANAGER

Join Us at NEXCOM — New Opportunity to Shape Retail Financial Planning

Join NEXCOM and take on an exciting new opportunity to drive retail financial strategies that fuel growth and success. Work with a talented, collaborative team in a fast-paced environment that values your expertise and supports your professional development. If you’re passionate about merchandise financial planning and ready to make a real impact, this is the role for you.

Job Summary

Responsible for the development and implementation of financial plans including sales inventory and profit. Accountable for monitoring sales and profit results and providing recommendations to achieve financial goals. 

Duties And Responsibilities:

• Develops the retail merchandise fiscal financial budget goals and procedures working closely with buyers and inventory planners. 
• Applies knowledge of merchandise planning and analysis to perform monthly financial reviews. Identifies trends potential growth opportunities and areas of concern develops and monitors action plans for the merchandising departments and the ecommerce web store. 
• Manages the financial planning process for their areas of responsibilities within the Merchandise division. Responsible for the development implementation and oversight of the order approval and open to buy process relating to sales and inventory for their retail merchandise categories. 
• Works with the Director Merchandise Financial Planning and the Director Business Insights to maintain the integrity of the merchandise financial planning systems. 
• Researches and identifies opportunities for enhancements. 
• Works with the Director of Business Insights to develop analytical tools to assist in identifying and managing business trends and needs. 
• Develops implements and performs analysis of special projects.
•  Plans prepares controls and completes management projects and related correspondence as it relates to the merchandising financial planning tools. 
• Prepares communication to the field relative to sales inventory and gross profit analysis.
•  Responsible for supervision and training of their direct reports Financial Planners and schedules work prepares performance reviews selects approves and or recommends associate hiring promotions and other personnel actions. 
• Works under the supervision of the Director Merchandising Financial Planning who establishes deadlines and indicates scope of responsibility. 
• Incumbent receives minimum supervision and carries out mission with a high degree of independence and exercises initiative and judgment in resolving problems and executing assignments. 
• Carries out duties in accordance with established methods procedures and guidelines. 
• Carries out policy of courtesy and service.
•  Recognizing the importance of attention required in a retailing and service organization exercises tact good manners and courtesy when working with fellow associates and external customers. 
• Tactfully responds to inquiries and provides assistance in prompt friendly and professional manner.
•  Performs other related duties as assigned. The incumbent of this position must file a Financial Disclosure Report OGE Form 450 as required

A Total of 7 years of experience consisting of the following

General Experience:

 3 years of experience gained in administrative professional or other responsible work that enabled the applicant to gain knowledge of retail merchandising and procurement practices demonstrated skill in dealing with others is a business environment and the ability to analyze problems and recommend practical solutions using sound judgment. 

OR SUBSTITUTION OF EDUCATION FOR EXPERIENCE:

 1 year of academic study above the high school level may be substituted for 9 months of experience up to a maximum of a 4 years bachelors degree for 3 years of general experience. 

And Specialized Experience:

 4 years of experience in the following procurement practices methods and procedures Developing and managing an open to buy system developing seasonal financial plans Preparation of inventory projections monitoring and maintenance of sales inventory levels and stock turns review and analysis of sales inventory and profit trends database spreadsheet software applications supervisory responsibility of human resources etc.