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Director, FP&A Merch Finance - Owned Brands(Remote Or Hybrid)

Company: Target Brands, Inc.
Location: Minneapolis
Posted on: January 27, 2023

Job Description:

About Us:As a Fortune 50 company with more than 350,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.Working at Target means the opportunity to help all families discover the joy of everyday life. Caring for our communities is woven into who we are, and we invest in the places we collectively live, work and play. We prioritize relationships, fuel and develop talent by creating growth opportunities, and succeed as one Target team. At our core, our purpose is ingrained in who we are, what we value, and how we work. It's how we care, grow, and win together. - -Right on pace with Target's distinctive retail brand, Target Finance and Accounting are transforming for the better. As so much more than a financial analyst or 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 in Financial Planning & Analysis means belonging to a great team of genuine, diverse, courageous and versatile people who put integrity and ethics at the heart of everything they do. Together, you'll drive outstanding financial results by enabling and accelerating Target's strategic execution. You'll nurture influential partnerships with leaders who value your credibility, thanks to the quality and reliability of your insights. To teams across Target, you'll bring your skills for analytical rigor, creative problem-solving and sound decision-making. You'll be an active contributor to cross-functional teams. You'll rise to the challenge of the dynamic retail industry, brining innovative solutions that have a direct impact on financial and operational direction-setting, merchandising and capital investments and how to best use our resources. All of your good work will help elevate and maintain Target as one of the world's most recognized and best-loved retail brands.The Director of Merchandise Finance for Owned Brands will lead a team responsible for Owned Brands financial planning & analysis support and take the lead to:

  • Set Financial Priorities and Influence Key Business Decisions
    • Analyze trends and assess the financial health of the Owned Brands business through quarterly business reviews designed to drive action focused on growth and profitability
    • Provide financial insights and develop a point of view on critical business decisions related to executing our Owned Brands strategy
    • Work closely with senior leaders in Owned Brands Sourcing, Product Operations, Responsible Sourcing & Sustainability, Product Design & Packaging, Merchandising, and Finance to develop and execute business strategies to grow sales and expand profit margins
    • Manage and influence Owned Brands expense and resource planning designed to deliver on our strategy
    • Develop Strategic Plans and Long Range Financial Goals
      • Play a critical role in the acceleration and growth of Target's Owned Brands business, partnering with a broad set of cross-functional leaders to challenge and optimize the operating model
      • Set Owned Brands financial goals based on external and internal factors and size key strategic building blocks and tactics
      • Facilitate long range financial planning processes across the organization
      • Drive Business Case Development and Assess Investment ROI
        • Develop business cases for investment decisions such as responsible sourcing innovations, sustainability, and building a world-class organization 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, sourcing, sustainability, and emerging trends
        • Lead, Develop, and Coach a Highly Talented and Motivated team
          • Attract, manage, and develop 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 businessJob duties may change at any time due to business needs.About you:
            • Four-year degree or equivalent experience in Finance, Merchandising, Sourcing, or other related field
            • +7 years of business experience, retail experience preferred
            • Excellent communication, collaboration, and interpersonal skills
            • Strong analytical aptitude and critical thinking skills with demonstrated results driving critical strategies forward
            • Ability to adapt to a rapidly changing work environment and manage project deadlines and competing priorities effectively
            • Demonstrated leadership skills that showcase the ability to direct, influence, and coach a team of partners, peers, and direct reports
            • MBA/CPA/MA preferredThis position may be considered for a Remote or Hybrid work arrangement based on Target's needs.--- A Hybrid work arrangement means the team members core role will be a blend of virtual and onsite at a Target location. A Remote work arrangement means the team member works---full-time from home or---an alternate---location that's not a Target location, does not have a desk at their primary HQ work location and may travel to HQ up to 4 times a year.---Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. The salary range is :$119,500.00 USD - $215,100.00 USD. Pay is based on several factors which may include, but are not limited to education, work experience, certifications, labor markets, etc. In addition to your salary, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.Americans with Disabilities Act (ADA)Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.

Keywords: Target Brands, Inc., Minneapolis , Director, FP&A Merch Finance - Owned Brands(Remote Or Hybrid), Accounting, Auditing , Minneapolis, Minnesota

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