Financial Planner

Foot Locker•New York, NY

127d•$75,000 - $90,000•Hybrid

About The Position

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. Apply today! This hybrid position will be located at our Foot Locker Office in New York, NY. Expectations for hybrid in-office schedule is three days a week, typically Tuesday, Wednesday, and Thursday. Foot Locker, Inc. is hiring three Financial Planners 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 are looking for Financial Planners acrosss Footwear and Accessories.

Requirements

Bachelor’s Degree in Business Administration / Economics / Supply Chain / Finance / other related fields or equivalent education and experience
Minimum 3 years’ experience
Advanced Excel skills are a must
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

Nice To Haves

Experience in a trend driven, high volume company preferred but not required
Experience using planning tools (Marketmax / SAS, SAP, etc.) is preferable

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