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Merchandise Financial Planner / Open To Buy

City:  Madrid
Country/Region:  ES
Application Deadline:  29/01/2023

Merchandise Financial Planner (MFP) or Open To Buy (OTB) planning Analyst for Western European Cluster (France, Spain, Portugal)

 

The MFP team owns the local MFP & OTB process for the business. The role leads the Global Buy Reviews and Open-To-Buys for the cluster. You will be responsible for managing the planning processes to improve the MFP & OTB methods to secure forecast accuracy. The role translates global strategy into actionable local items related to inventory and targets for stock and sell-in strategy. You will partner with a cross-functional team to deliver financial results, maximize profits and analyze trends. You will be responsible for reviewing and updating the Open-to-Buy plans.

 

WHAT WILL YOU DO

 

  • You will own the financial and qualitative merchandise plans by channel.
  • You will translate global merchandising strategies into local seasonal financial objectives; identify local areas of potential and unexplored opportunities.
  • You will partner with the Merchandising Director to create seasonal purchase budget (based on historical trends, cluster budgets and investment strategy) and manage sell-in accordingly.
  • You will collaborate with local finance in the budget setting and reviewing to secure Merchandising’ bottom up forecast is considered in the final budget targets.
  • You will review and update the Open-to-Buy plans.
  • You will align with finance and senior leadership to set stock and DP targets aligned with sales expectations.
  • You will lead the cluster Global Buy Review and review investment strategies relative to local forecast, insights, and current sales trends
  • You will assess risks and opportunities of the promo plan / calendar

 

MORE ABOUT YOU

 

  • You have previous experience in retail, fashion or FMCG
  • You understand the fast pace / finished products environment and feel comfortable with multiple product cycles and promo calendars
  • You are a pro excel user
  • You can challenge financial plans and present your ideas to senior management
 

Did we get your attention?

 

We hope that you feel confident applying, however if you have more questions regarding the role, please contact:

 

Ksenia Thompson

Talent Acquisition Manager, Western Europe

kstho@pandora.net

 

If you see yourself in the position and would like to become a part of Pandora’s future, please do not hesitate to apply. We look forward to hearing from you!

 

We process applications on a continuous basis, which is why we encourage you to send your application as soon as possible. You can also read more about Pandora on our corporate site www.pandoragroup.com.

 

Icing on the cake

 

You will be working out of our beautiful Office in Paris, established in 2011 and designed to unite and inspire our teams.

 

About Pandora

 

Pandora is the world’s largest jewellery brand. The company designs, manufactures and markets hand-finished jewellery made from high-quality materials at affordable prices. Pandora jewellery is sold in more than 100 countries through 6,800 points of sale, including more than 2,600 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 30,000 people worldwide and crafts its jewellery at two LEED Gold-certified facilities in Thailand using mainly recycled silver and gold. Pandora is committed to leadership in sustainability and has set science-based targets to reduce greenhouse gas emissions by 50% across its own operations and value chain by 2030. The company is listed on the Nasdaq Copenhagen stock exchange and generated sales of DKK 23.4 billion (EUR 3.1 billion) in 2021.

 

At Pandora, we believe that creating an inclusive and diverse workplace and reflecting societal diversity in our customer engagement is essential to delivering on our company purpose: to give a voice to people’s loves. We dedicate ourselves to fostering, cultivating and preserving a culture of inclusion and diversity where everyone feels respected and valued.