Financial Planner, FTW, CHC

Foot Locker, Inc.; Toronto; On-site; CAD 80,000 - 90,000; Full time

Job summary

A leading company in the sports retail sector is seeking a Financial Planner to join their dynamic team in North York, Ontario. This hybrid position offers the opportunity to bridge merchandise vision with financial strategies, aimed at enhancing sales and profit margins. The Financial Planner will guide inventory management initiatives and foster productive vendor relationships to optimize product performance. If you possess strong analytical and communication skills, and have a passion for retail, this role may be your next career step.

Benefits

Employee Discount

Medical Coverage

Dental Coverage

Vision Coverage

Stock Purchase Plan

Life Insurance

Opportunities for Advancement

Tuition Reimbursement for Qualified Courses

Qualifications

• Minimum 3 years experience in a trend-driven, high-volume company preferred.
• Strong analytical and critical thinking skills.
• Advanced Excel skills are a must.

Responsibilities

• Create pre-season department/vendor sales and margin plans.
• Analyze initial pricing structures and propose in-season pricing strategies.
• Build trusting relationships with colleagues and vendors.

Skills

Analytical Skills

Communication Skills

Problem Solving

Business Awareness

Team Player

Education

Bachelor's Degree in Business Administration / Economics / Supply Chain / Finance

Tools

Excel

Marketmax

SAS

SAP

Job description

This hybrid position will be located at our Corporate Office in North York, Ontario.

Hybrid in-office expectations. Expectations for hybrid in-office schedule is three days a week, typically Tuesday, Wednesday, and Thursday.

Champs Sports is hiring a Financial Planner to join our team! This role'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. T he Planner plays an important role in facilitating the creation a deeper, more relevant connection to our customers.

The Financial Planner will have a key role in building a customer specific financial product plan in line with the merchandise strategies and ensuring the constant flow of fresh product to all channels of distribution. 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, and excellent analytical and communication skills.

230 Barmac Road, 2nd Floor

M9L 2Z3

LI-MN1

Responsibilities

• 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 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
• Analyze initial pricing structures and propose in season pricing strategies
• Lead weekly product performance review with team and identify key actions
• Build trusting, mutually beneficial relationships with colleagues and vendors
• Attend vendor pre and final lines to align on financial product strategies
• Develop understanding of vendor trade terms to comply to rules of engagement
• Partner with Director Planning, compile and analyze departmental vendor results and strategies
• Analyze results with vendor partners to identify opportunities and risks
• Partner with Director of Planning and Buyer counterparts to create vendor seasonal forecasts

Qualifications

• Bachelor's Degree in Business Administration / Economics / Supply Chain / Finance / other related fields or equivalent education and experience
• Minimum 3 years’ experience Experience in a trend driven, high volume company preferred but not required
• Advanced Excel skills are a must
• Experience using planning tools (Marketmax / SAS, SAP, etc.) is preferable
• Experience with constructing financial plans
• Strong analytical and critical thinking skills
• Problem solving and decision-making abilities
• Business mathematical skills required
• 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 cult ure helpful

The annual salary range for this role is $80,000 - $90,000 / 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. Salary is one component of the Foot Locker, Inc. total compensation package, which includes the below :

• Employee Discount
• Medical | Dental | Vision Coverage
• Stock Purchase Plan
• Life Insurance
• Opportunities for Advancement
• Tuition Reimbursement for Qualified Courses