Retail Finance Analyst (Non - competitive Progression)

NEXCOM•Virginia Beach, VA

About The Position

Note: This is a two-level non-competitive job progression. Based on experience, incumbents who meet the qualifications may be selected at either level, 3C, 4A, or 4B. Those chosen at 3C or 4A can progress non-competitively to the next grade level, as indicated below. If chosen at the NF3C level; Incumbent may progress non-competitively to the Associate Merchandise Financial Planner position, NF-04 (SC 4A) upon the completion of qualification requirements and training within a 2 year timeframe; advancement is not permitted with less than 1 year in current position. If chosen at the NF4A level; Incumbent may progress non-competitively to a Associate Retail Finance Analyst, NF-04/4B, upon completing qualification requirements and training within a 2 year timeframe; advancement is not permitted with less than 1 year in the current position. NF3C Job Summary: The Assistant Merchandise Financial Planner is the entry-level class in the professional Planner series. This classification performs a range of routine professional planning assignments under the supervision of a Senior Financial planner. Assist in developing and implementing financial plans, including sales, inventory, and profit. Assists with monitoring sales and profit results and may provide recommendations to achieve financial goals. NF4A Job Summary: Assist higher-level Merchandise Financial Planner with developing and implementing financial plans, including sales inventory and profit. Assists with monitoring sales and profit results and may provide recommendations to achieve financial goals. NF4B Job Summary: Assist higher-level Merchandise Financial Planner with the development and implementation of financial plans, including sales, inventory, and profit. Assists with monitoring sales and profit results and may provide recommendations to achieve financial goals.

Requirements

The incumbent of this position must file a Financial Disclosure Report (OGE) Form 450, as required.
GENERAL EXPERIENCE: Three years of experience which was gained in professional, technical or other responsible work which enabled the applicant to gain a knowledge of retail practices; demonstrated skill in dealing with others; and the ability to analyze problems and recommend practical solutions using sound judgment.
OR SUBSTITUTION OF EDUCATION FOR EXPERIENCE: 1 year of academic study above the high school level may be substituted for nine months of experience, up to a maximum of a four year bachelors degree for three years of general experience.
AND SPECIALIZED EXPERIENCE: One year of responsible experience which provided background in: database/spreadsheet software applications; merchandising systems or similar responsible work within one or more operational or merchandising areas of non-appropriated fund or private sector retail work that demonstrated the knowledge and ability to perform the work of the position.
Same GENERAL EXPERIENCE or OR SUBSTITUTION OF EDUCATION FOR EXPERIENCE as indicated above.
AND SPECIALIZED EXPERIENCE: 2 years of experience in the following: Procurement practices, methods, and procedures; Developing and managing an open-to-buy system; Developing seasonal financial plans; Preparation of inventory projections; Monitoring and maintenance of sales, inventory levels, and stock turns; Review and analysis of sales, inventory and profit trends; Database/spreadsheet software applications; Supervisory responsibility of human resources, etc.
Same GENERAL EXPERIENCE or OR SUBSTITUTION OF EDUCATION FOR EXPERIENCE as indicated above.
AND SPECIALIZED EXPERIENCE: 3 years of experience in the following: Procurement practices, methods, and procedures; Developing and managing an open-to-buy system; Developing seasonal financial plans; Preparation of inventory projections; Monitoring and maintenance of sales, inventory levels, and stock turns; Review and analysis of sales, inventory, and profit trends; Database/spreadsheet software applications; Supervisory responsibility of human resources, etc.

Responsibilities

Assists in developing retail merchandise fiscal financial budget goals and procedures working closely with buyers and inventory planners.
Applies merchandise planning and analysis knowledge to perform monthly financial reviews on small-volume categories. Identifies trends, potential growth opportunities, and areas of concern; develops and monitors action plans for the merchandising departments and the e-commerce web store.
Responsible for implementing and overseeing the order approval and open-to-buy process for sales and inventory for their retail merchandise categories.
Develops and performs analysis of special projects. Plans, prepares, controls, and completes management projects and related correspondence related to the merchandising financial planning tools.
Assists Senior Financial planner in creating store projections. Prepares communication to the field relative to sales, inventory, and gross profit analysis.
Assists in identifying aged inventory and management of no movement by recommending action to the merchants.
Works under the supervision of a Senior Merchandising Financial Planner, who establishes deadlines and indicates the scope of responsibility. Incumbent receives minimum supervision, carries out the mission independently, and exercises initiative and judgment in resolving problems and executing assignments.
Carries out a policy of courtesy and service. Recognizing the importance of attention required in a retailing and service organization, one should exercise tact, good manners, and courtesy when working with fellow associates and external customers.
Conducts store visits as appropriate to evaluate the execution of business strategies and provide recommendations for improvement.
Performs other related duties as assigned.
Exercises independent judgment and approach in routine and non-routine situations. Consult with the supervisor on issues such as policy matters, deviations from normal procedures, or unusual circumstances. Performance is evaluated based on operational performance, skills evaluations, customer service, collaboration and teamwork, leadership, work quality, and established individual performance metrics.
Develops the retail merchandise fiscal financial budget goals and procedures, working closely with buyers and inventory planners.
Applies knowledge of merchandise planning and analysis to perform monthly financial reviews. Identifies trends, potential growth opportunities, and areas of concern; develops and monitors action plans for the merchandising departments and the e-commerce web store.
Manages the financial planning process for their areas of responsibility within the Merchandise division.
Responsible for developing, implementing, and overseeing the order approval and open-to-buy process relating to sales and inventory for their retail merchandise categories.
Develops, implements, and performs analysis of special projects. Plans, prepares, controls, and completes management projects and related correspondence related to the merchandising financial planning tools.
Prepares communication to the field relative to sales, inventory, and gross profit analysis.
Responsible for supervision and training of their direct reports, Financial Planners, and schedules work; prepares performance reviews; selects, approves, and recommends associate hiring/promotions and other personnel actions.
Works under the supervision of a Senior Merchandising Financial Planner who establishes deadlines and indicates the scope of responsibility. Incumbent receives a minimum charge, carries out the mission independently, and exercises initiative and judgment in resolving problems and executing assignments. Carries out duties by established methods, procedures, and guidelines.
Carries out a policy of courtesy and service. Recognizing the importance of attention required in a retailing and service organization, he exercises tact, good manners, and courtesy when working with fellow associates and external customers.
Tactfully responds to inquiries and assists in a prompt, friendly, and professional manner.