Merchandise Financial Planner (Hybrid)

Foot Locker; New York (NY); Hybrid; USD 75,000 - 90,000; Full time

Benefits offered by this job

Employee Discount

Paid Time Off

Medical | Dental | Vision Coverage

401(k) | Roth 401(k)

Life Insurance

Education Reimbursement

Job summary

Foot Locker, Inc. in New York, NY is seeking a Financial Planner to align product vision with financial strategy, drive planning and inventory decisions, and improve turnover and gross margin. The role emphasizes collaboration with vendors and cross‑functional teams to create customer‑driven financial plans.

You will support the Kids Footwear team and work in a hybrid office setting three days a week, with a strong emphasis on analytics, communication, and strategic thinking.

Qualifications

• Bachelor’s degree in business/economics/finance or related field.
• Minimum 3 years’ experience in a retail planning role.
• Advanced Excel skills are required.
• Experience with planning tools (Marketmax / SAS, SAP) preferred.
• Experience constructing financial plans and strong analytics.

Responsibilities

• Create pre-season and in-season financial plans aligned to product strategy.
• Reconcile bottom-up and top-down plans with leadership and targets.
• Drive Open to Buy processes for planning and buying teams.
• Analyze pricing structures and propose in-season strategies.
• Build vendor relationships and coordinate seasonal forecasts.

Skills

Advanced Excel

Financial planning

Analytical thinking

Problem solving

Business acumen

Education

Bachelor’s Degree in Business / Economics / Finance

Tools

Marketmax / SAS

SAP

Job description

Overview

Great brands reflect culture. The best ones help shape it. At Foot Locker, we’re rooted in sport, powered by style, and driven by the communities that move both. From Foot Locker and Kids Foot Locker to Champs Sports, WSS, and atmos, our brands sit at the intersection of sport, style, and self-expression.

Overview

Great brands reflect culture. The best ones help shape it. At Foot Locker, we’re rooted in sport, powered by style, and driven by the communities that move both. From Foot Locker and Kids Foot Locker to Champs Sports, WSS, and atmos, our brands sit at the intersection of sport, style, and self-expression. As part of the DICK’S Sporting Goods family, you’re backed by the resources, reach, and career opportunities of a world-class sports company. That unleashes Foot Locker to keep pushing forward with the agility and edge that define the brand. We’re looking for great people who want to influence culture and the generation that is shaping what’s next. Whether you’re building strategy, shaping innovations, or creating unforgettable customer moments, you’ll contribute to decisions and experiences that define our brands’ impact in the communities we serve. Come change the game with us. This hybrid position will be located at our Foot Locker Office in New York, NY. Expectation for hybrid in-office schedule is three days a week, typically Tuesday, Wednesday, and Thursday. Foot Locker, Inc. 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. The 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. We anticipate this role supporting our Kids Footwear team. Applicants must be currently authorized to work in the United States on a full‑time basis. At this time, Foot Locker will not sponsor a new applicant for employment authorization, or offer any immigration related support for this position (i.e. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, or another type of work authorization).

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 Planning Director, 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

Vendor Management

• Develop understanding of vendor trade terms to comply to rules of engagement
• Partner with Director Planning, compile and analyse 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 retail 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
• Ability to work under pressure and with own initiative
• Sound business & commercial awareness, high concern for effectiveness, and entrepreneurial
• Enthusiastic, goal‑oriented team player with a desire to join the biggest in the business
• Passion for the retail industry and/or interest in sneaker culture helpful

At Foot Locker, We Value Innovation, Authenticity, And Integrity In All That We Do. To Uphold The Security And Fairness Of Our Hiring Process, We Ask That Candidates Refrain From Using AI Tools, Including ChatGPT, During Interviews And Assessments. To Ensure a Smooth And Secure Experience, Please Review The Following Guidelines

• Cameras must be on for all virtual interviews.
• AI tools are strictly prohibited during interviews or assessments.

We appreciate your understanding and cooperation as we work together to create a transparent and equitable hiring experience.

Benefits

The annual salary range for this role is $75000 - $90000 / year. This range represents the anticipated low and high end of the salary for this position. This role is also eligible to receive short term incentives that align with individual and company performance. 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:

Foot Locker Benefits

• Employee Discount
• Paid Time Off
• Paid Paternal Leave
• Medical | Dental | Vision Coverage
• 401(k) | Roth 401(k)
• Life Insurance
• Flexible Spending Account
• Opportunities for Advancement
• Education Reimbursement for Qualified Courses
• Strong Company Culture
• Employee Resource Groups