Director, Merch Planning - Tommy Hilfiger

PVH Corp. • New York, NY

2d • $147,500 - $199,200 • Hybrid

About The Position

The Director of Planning (Accessories) develops, executes and communicates strategic merchandise financial plans that support the company’s financial, product, and marketing objectives. This role is responsible for driving top-line financial plans from a divisional level to a department/category level, strategically managing the business to maximize sales and margin, and optimizing inventory. The Director also develops and contributes to the development of Brand initiatives, ensuring that all planning activities support annual goals.

Requirements

• Bachelor's degree
• Minimum 5-7 years merchandise planning experience
• 7 - 10 years of total work experience
• Analytical/Math Skills
• Project Management
• Strategic Forecasting & Financial Planning
• Demonstrated experience: Presenting and recommending strategies and building a business case
• Demonstrated experience: Driving business to exceed company plans
• Demonstrated experience: Leading and developing a team of at least 3 direct reports
• Demonstrated experience: Strategic forecasting for a multidimensional business
• Demonstrated experience: Assuming additional areas of accountability successfully
• Demonstrated experience: Influencing and negotiating at a variety of levels
• Well-developed written and verbal communication skills including presenting complex material in an organized and compelling manner
• Well-versed in planning and allocation systems, as well as advanced Microsoft windows applications
• Must be very resourceful and creative to develop new systems and procedures to address constant evolving business needs.
• Must be able to handle multiple tasks efficiently in order to meet deadlines.
• Must be able to think out of the box to find solutions to demanding business requirements.

Responsibilities

• Create strategic financial plans that support the company’s objectives and brand goals from a top-down and bottom-up perspective.
• At a division/department/class level, develop sales, gross margin, and inventory plans that support the company’s profit objectives.
• Collaborate with direct reports in planning and the merchandising team to ensure that financial objectives align with product opportunities.
• Lead the planning and merchandising team, utilizing historical data and current trends, to capitalize on new opportunities and identify risks.
• Understand opportunities and risks from direct reports and communicate to key business partners including merchandising, finance, marketing, visual, and brand leaders.
• Develop, train and lead planning team.
• Partner closely with the allocation team on a daily basis to ensure product strategies are executed to the store level.
• Partner with the Production team on projections and buy passoffs.
• Meet with planners to understand weekly forecasts, category opportunities and risks, markdown recommendations, and reflowing of inventory.
• Ensure that all decisions are based on historical data and/or current trends and collect information to create global action plans.
• Present “action points” to senior management and gain consensus on business approach.
• Manage seasonal liabilities, inventory by source, and delivery performance at a divisional level.
• Guide planners to tactically manage liabilities and drive opportunities.
• Partner with Allocation on allocation strategies daily.
• Meet with planning team to review historical performance at the category and key item level.
• Understand and validate analysis by source, delivery, and category to merchants to understand prior performance and develop future goals.
• Pre-season create divisional and departmental plans to support the development of the line.
• Set sales, margin, flow, and IMU goals prior to the planning of each delivery.
• Reconcile tops down and bottom up forecasts prior to the passing of receipts to the merchant organization.
• Participate in buy review with merchants, planners, and allocators to ensure appropriate breadth and depth, and flawless execution.
• Collaborate with lead merchants to ensure that plans support product goals.
• Lead and facilitate buy finalization meeting with merchant.
• Review pre-season plans that support new assortment.
• Identify risks and opportunities relative to product, flow, and presentation.
• Create a dynamic team environment that encourages collaboration and creativity within the business unit and across brands.
• Lead planning team ensuring that all company objectives and current and future business plans are executed.
• Provide clear direction to all levels managing details as appropriate.
• Identify top talent and infuse new bench strength within organization to support succession planning.
• Train, develop, and manage direct reports to support succession planning initiatives.
• Offer consistent and timely feedback to direct reports.

Benefits

• Competitive pay
• bonus programs
• best in class medical insurance
• vision insurance
• dental insurance
• life insurance
• disability insurance
• An above-market 401(k) contribution
• Generous company-paid holidays
• paid time off
• hybrid working arrangements
• volunteer opportunities
• seasonal hours
• flexible work schedules
• Headspace membership
• reimbursement for fitness memberships and/or digital meditation subscriptions
• opportunity to earn up to $200 a year in rewards for exercising and participating in healthy activities
• Access to services for childcare, elder care, adoption preparation, pet care
• reimbursement for backup care when your regular plans fall through
• tuition reimbursement
• Shop at our company outlets and e-commerce sites at a discount

What This Job Offers

• Job Type: Full-time
• Career Level: Director