Merchandising Financial Planning / Open to Buy Specialist

City:  Panama
Country/Region:  PA
Application Deadline:  30/4/2024

Do you want to be a part of the world’s leading jewelry company while putting your experience in Merchandise Planning into use? If yes, then we might have an exciting opportunity for you! You will be part of an exciting business area and work in an international organisation of can-do spirited, passionate, and performance-driven people.

 

About the Team:

 

As a Merchandise Financial Planner, you will create and maintain financial plans that align with overall company goals in partnership with the Assortment Planning and Inventory Optimization team. You must have a strong business acumen to assess and communicate needs to benefit their business unit and total company. This person will achieve success through innovation, navigating through ambiguity, and efficiency. You will own the ‘Open to Buy’ or merchandise financial plans, Sell out, ASP, inventory turns or weeks of coverage, and promotional levers.
 

Your Role as a MFP Specialist:

 

  • Budget/Preseason Planning – Owner within the Global Buy Review process reflective of: Merchandising Building Blocks, Channel contribution, LFL vs Total, ASP growth, Promotional strategy, Inventory planning, Base vs New performance.
  • Weekly Trade Review – Own and collaborate cross functionally to deliver trade reviews that guide O&O Business and partners on; Merchandise performance, and actions taken to drive sell-out optimization.
  • Manage the Monthly Open-To-Buy process end to end, setting sales and stock targets by week/channel reflective of recent trends and promotional adjustments. Consistently measure OTB against GBR (original) plans.
  • Build out tools and reporting to support business from a merchandising perspective.
  • Assess promotional effectiveness to build informed future promotional calendar.
  • Partner and collaborate with our commercial finance partners on future risks and opportunities against the latest forecast.

 

What is needed to succeed:

 

  • Strong, seasoned, technical merchandise experience with vertical retailing, and omni experience.
  • 5+ years of solid experience working within Merchandising and/or experience in retail, fashion, lifestyle, or FMCG industry.
  • Strong business acumen, fact-based, analytical, and strategic
  • Strong analytical skills with the ability to manage large sets of data and present results in a simple manner
  • Able to develop and maintain strong working relationships with peers and cross-functional teams.
  • Flexible and adaptive to changing priorities.
  • Able to perform under pressure, organize and prioritize workload to meet deadlines.
  • Strong problem-solving and negotiation skills
  • Ability to be part of a team, set challenging standards, develop strong partnerships, and lead others to action
  • Deliver results or actions to be taken in a timely manner
  • Strong presentation skills inclusive of concise messaging
  • Develop & mentor other team members
  • Support an environment that fosters respect for the ideas of others as well as ongoing collaboration to execute business strategy
  • High level of proficiency with Microsoft Excel and Power BI and strong aptitude to learn technical applications (like MS Access, Hyperion, SAP, and APTOS) quickly

 

 

Did we get your attention?  

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.  

 

About Pandora  

Pandora designs, manufactures, and markets hand-finished jewelry made from high-quality materials at affordable prices. Pandora jewelry is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.

 

Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewelry at two LEED-certified facilities in Thailand using mainly recycled silver and gold. The company plans to be carbon neutral by 2025 and has joined the Science Based Targets initiative to reduce emissions across its full value chain. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated a revenue of DKK 23.4 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 love. We dedicate ourselves to fostering, cultivating, and preserving a culture of inclusion and diversity where everyone feels respected and valued.