Director Merch Finance - Grocery

Minneapolis, Minnesota, United States
Jun 29, 2017
Aug 10, 2017
Employment Status
Full Time
JOIN US AS A Director FP&A, FOOD & BEVERAGE FINANCEAbout This OpportunityStrategically grow and transform the Food & Beverage business through strong analysis, insights and active leadership on cross-functional teams. Find innovative solutions to the challenges that arise in the dynamic retail industry. Have a direct impact on merchandising strategies, capital investments, operational choices, resource allocations, financial direction and team member development. The Director will lead and coach a group of highly talented senior managers and work with many cross-functional leaders in merchandising and operations to provide in depth financial and quantitative analysis in support of key operational and strategic decisions across the Food & Beverage P&L. Use your skills, leadership experience and talents to be a part of groundbreaking thinking and visionary goals.  As a Director, you'll take the lead as you and your team…
  • Set Financial Priorities and Influence Key Business Decisions
    • Analyze trends and assess the financial health of the business to help with long-term planning, day to day decisions, and contingency scenarios
    • Provide financial insights and develop a point of view on critical business decisions related to assortment productivity, promotional effectiveness, and digital penetration
    • Work closely with senior leaders in Merchandising, Operations, and Finance to develop and execute business strategies to gain market share and expand profit margins
    • Manage and influence the end to end (Sales to EBIT) success of the Food & Beverage business
    • Analyze variances between forecast, plan and actual results and identify actions to address gaps and accelerate opportunities
  • Develop Strategic Plans and Long Range Financial Goals
    • Play a critical role in the transformation of Target's Food & Beverage business, partnering with a broad set of cross-functional leaders to challenge and optimize the operating model
    • Set financial goals for divisions based on external and internal factors and size key strategic building blocks and tactics
    • Facilitate annual and long range financial planning processes across the organization
  • Drive Business Case Development and Assess Investment ROI
    • Development business cases for investment decisions such as in-store innovations and digital growth opportunities that align with strategic and financial goals
    • Measure and report on investment ROI to evaluate impact of new strategies
    • Influence how to optimize investments in services, labor, and emerging trends
  • Lead, Develop, and Coach a Highly Talented and Motivated team
    • Attract, manage, and develop seasoned finance talent
    • Set priorities, remove obstacles for delivering on objectives, and ensures the team is focused on providing value-added support that helps deliver strong financial performance
    • Partner across broader finance and accounting teams to drive business opportunities, identify needed expertise, and serve as a liaison to other finance stakeholders
    • Champion process improvement initiatives across Target's portfolio of business
  • 4-year college degree (Accounting, Business, Economics, or Finance)
  • 7 - 10+ years analytical experience, strong analytical aptitude
  • Prior retail experience, specifically in Grocery, CPG or equivalent, is preferred
  • Ability to work in a fast-paced environment and manage deadlines effectively
  • Excellent communication, collaboration and interpersonal skills
  • MBA/CPA/MA desired