Director,Merchandise Finance

Minneapolis, Minnesota, United States
Jun 07, 2018
Jul 13, 2018
Employment Status
Full Time
Description: Director, Merchandise Finance

Classification: Exempt

Date:  June 2018

About us:

Target is an iconic brand, a Fortune 50 company and one of America's leading retailers.

Right on pace with Target's distinctive retail brand, Target Finance and Accounting are transforming for the better. As so much more than a behind-the-scenes number-cruncher, you will be a truly collaborative partner with a seat at the table. You'll bring your unique point of view, experience and passion for the work to your team and internal clients. In Finance, you'll be an integral voice in discussions that lead to Target's unparalleled shopping experience. Your analysis and recommendations will be directly applied to critical business decisions, from sales to merchandising and beyond. Within Finance, you'll enjoy the interesting challenges of the competitive retail space, and you'll have a 360-degree impact—rather than on just one part of the business. You'll see your contributions come to life in virtually every area of this dynamic enterprise. And you'll grow and be challenged in your career while having a healthy balance with life outside of work.

A role on the Financial Planning and Analysis team means providing insight and guidance to support Target's strategic growth strategies and financial decisions. You'll deliver objective and financially-focused insights to the business owners and finance leaders. You will be a critically important resource for long-term and annual financial planning, analysis and drive cross-company initiatives.  

Strategically grow and transform the Home 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 Home 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, store space allocation, 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 Home 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 acceleration and growth of Target's Home 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, brand development 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 new brands, 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
Job duties may change at any time due to business needs.

About you:

  • 4-year college degree (Accounting, Business, Economics, or Finance)
  • 7 - 10+ years analytical experience, strong analytical aptitude
  • Retail experience, specifically in Home, CPG or equivalent preferred
  • Ability to work in a fast-paced environment and manage deadlines effectively
  • Excellent communication, collaboration and interpersonal skills
  • MBA/CPA/MA desired


Similar jobs

More searches like this

Similar jobs