Merchandise Finance Planner
Merchandise Finance Planner
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Job Title: Merchandise Finance Planner
Location: City Name India
Department: Merchandise Planning & Finance
Reports To: Head of Merchandising/Finance
Salary: 67 LPA
Job Summary:
The Merchandise Finance Planner at Citykart Retail will be responsible for financial planning budgeting forecasting and analysis of merchandise performance. The role involves working closely with the buying supply chain and finance teams to ensure financial objectives align with inventory planning and sales strategies.
Key Responsibilities:
1. Financial Planning & Budgeting:
- Develop and manage merchandise financial plans including sales margin and inventory forecasts.
- Collaborate with buying teams to align financial plans with assortment and pricing strategies.
- Prepare seasonal annual and longterm merchandise financial plans.
2. Inventory & Sales Analysis:
- Monitor sales gross margin and stock performance to optimize inventory levels.
- Identify opportunities to improve product profitability and minimize markdowns.
- Conduct weekly/monthly performance reviews and suggest corrective actions.
3. Pricing & Promotions Support:
- Evaluate the financial impact of promotions discounts and pricing strategies.
- Provide recommendations on markdown strategies to improve sellthrough rates.
4. Data Analysis & Reporting:
- Generate reports on key performance indicators (KPIs) such as sales trends stock turns and profitability.
- Use data analytics tools to provide insights into product category performance.
5. CrossFunctional Collaboration:
- Work closely with the finance team for budgeting and P&L management.
- Coordinate with supply chain and operations teams to ensure optimal stock availability.
- Support store teams with sales and inventory insights to drive revenue growth.
Requirements
Required Skills & Qualifications:
- Bachelor s or Master s degree in Finance Business Retail Management or related field.
- 35 years of experience in merchandise planning financial analysis or retail finance.
- Strong proficiency in Excel data analytics tools and ERP systems.
- Excellent analytical problemsolving and decisionmaking skills.
- Ability to work in a fastpaced retail environment and manage multiple priorities.
- Strong communication and stakeholder management skills.
Technical Skills and Relevant Technologies
- Deep understanding of merchandise planning systems and inventory management software
- Experience with advanced analytics techniques including predictive modeling and trend analysis
- Familiarity with ERP systems and data visualization tools
Preferred Qualifications:
- Experience in value retail or fashion retail industry.
- Knowledge of retail planning software like SAP Oracle Retail or similar tools.
Why Join Citykart Retail
- Opportunity to work with one of India s fastestgrowing value retailers.
- Collaborative and dynamic work environment.
- Career growth and learning opportunities in retail finance and merchandising.
Benefits
Benefits:
- Cell phone reimbursement
- Flexible schedule
- Health insurance
- Provident Fund
Compensation Package:
- Performance bonus
- Quarterly bonus
- Yearly bonus
Required Skills & Qualifications: Bachelor s or Master s degree in Finance, Business, Retail Management, or related field. 3-5 years of experience in merchandise planning, financial analysis, or retail finance. Strong proficiency in Excel, data analytics tools, and ERP systems. Excellent analytical, problem-solving, and decision-making skills. Ability to work in a fast-paced retail environment and manage multiple priorities. Strong communication and stakeholder management skills. Technical Skills and Relevant Technologies Deep understanding of merchandise planning systems and inventory management software Experience with advanced analytics techniques, including predictive modeling and trend analysis Familiarity with ERP systems and data visualization tools Preferred Qualifications: Experience in value retail or fashion retail industry. Knowledge of retail planning software like SAP, Oracle Retail, or similar tools. Why Join Citykart Retail? Opportunity to work with one of India s fastest-growing value retailers. Collaborative and dynamic work environment. Career growth and learning opportunities in retail finance and merchandising.
Education
Experience in value retail or fashion retail industry.
Employment Type
Full Time
