Sr Director, Merchandise Financial Planning

Visionworks; San Antonio (TX); Remote; USD 129,000 - 173,000; Full time

Job summary

A leading company in the optical care sector is seeking a Director of Merchandise Financial Planning. This role involves driving business growth through effective financial planning and managing a high-performing team, ensuring strategic alignment with corporate financial goals. Candidates must have extensive management experience and a strong background in merchandise financial planning principles.

Qualifications

• Minimum 6 years of management experience with direct reports.
• Experience in merchandise financial planning environment.
• Proficient understanding of automated systems and data.

Responsibilities

• Oversee financial planning and forecasting processes.
• Drive key revenue and margin performance indicators.
• Build and manage a high-performing team.

Skills

Analytical skills

Strategic thinking

Problem-solving skills

Negotiation skills

Communication skills

Leadership

Education

Bachelor’s degree in business administration or related field

Tools

Merchandise financial planning technologies

Job description

General Summary

Provide leadership and direction to the Merchandise Financial Planning team. Drive business growth and profitability through financial impact forecasting of all product categories ensuring performance to revenue, margin, and GMROI strategic plans. Responsible for the translation of corporate financial targets into category level financial plans for Wholesale Partners and Retail Entities. KPI's are focused on but not limited to Revenue, Customers, COGS, GMROI, Inventory Investment, and Pricing Flow thru.

Pay Grade and Pay

Pay Grade: Full Time and Remote

Pay: $129,332.40 - $172,442.85

Essential Functions

Responsible for creating investment plans and strategically forecasting and managing the financial aspects of the company’s costs and gross profit annually.

Oversees annual and forecast merchandise financial planning process.

Drives strategic planning down to key revenue, unit, cost, margin, and inventory key performance indicators in line with corporate financial plans.

Develops inventory flow plan to maximize GMROI in conjunction with revenue plans. Ensures GMROI growth by planning margin and inventory flow by category and week.

Reviews and analyzes key weekly, monthly, quarterly, and annual business reports to monitor and drive key KPI performance.

Plans and executes COGS rate strategies to improve cost ratios and drive margin performance.

Supports and drives continuous improvements and efficiencies in Merchandise Financial Planning software and technology applications.

Builds and develops a high-performing Global Merchandise Planning team.

Job Specifications

Typically has the following skills or abilities:

Bachelor’s degree in business administration or related field or equivalent work experience; Minimum of 3 additional years of experience related to functional area

Minimum of 6 years of management experience with responsibilities for hiring, training, assigning work and managing performance of direct reports

Brings a global perspective and cultural sensitivity

Leadership experience in a merchandise financial planning environment, leading strategic financial decisions utilizing both a top-down and bottom-up methodology

Deep understanding of merchandise financial planning principles and interconnectivity of sales, cost, margin, inventory, and GMROI

Expertise in merchandise financial planning technologies and business processes

Manage complex projects where independent action, high degree of initiative and coordination across departments is required

Empathetic, inspiring people leader and champion

Strong analytical, strategic thinking, and problem-solving skills

Proficient understanding of automated systems, data, and technology

Experience in driving significant process, system and organizational change

Proven ability to build partnerships and collaborate with other leaders, customers and industry partners to accomplish objectives

Skilled in negotiation, communication and presentation

Strong interpersonal skills with a focus on fostering constructive relationships

Ability to regularly exercise discretion and independent judgment in the performance of his/her job duties.

Working Conditions

The working environment is generally favorable. Lighting and temperature are adequate, and there are no hazardous or unpleasant conditions caused by noise, dust etc.

The above information in this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

HIPAA & Security Requirements

All Associates must comply with the Health Insurance Portability Accountability Act of 1996 (HIPAA) as it pertains to disclosures of protected health information (PHI) as described in the Notice of Privacy Practices and HIPAA Privacy Policies and Procedures. As a component of job roles and responsibilities, Associates may have access to covered information, cardholder data or other confidential customer information which must be protected at all times. As a result, Associates must explicitly adhere to all data security guidelines established within the Company’s Privacy & Security Training Program.

VSP Vision is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to age, gender, race, color, religion, sex, national origin, disability or protected veteran status. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

The specific statements shown in each section of this description are not intended to be all-inclusive. They represent typical elements and criteria considered necessary to perform the job successfully. As required by changing business needs, complete additional essential responsibilities as identified and assigned.