SENIOR RETAIL FINANCE ANALYST (Web) (100% Telework Eligible)
- Recruiter
- Navy Exchange Service Command
- Location
- Virginia Beach, Virginia, United States
- Salary
- USD 65,030.00 - 82,578.00 per year
- Posted
- 08 Nov 2022
- Closes
- 08 Dec 2022
- Ref
- 2200022I
- Job role
- Financial analyst, Forensic accountant
Note: this opportiunity with NEXCOM 100% local telework only will need to be available for occasional in-person requirements as scheduled.
Job Summary:
Responsible for the development and implementation of financial plans including sales, inventory and profit. Accountable for monitoring sales and profit results and providing recommendations to achieve financial goals.
Duties and Responsibilities:
- Develops the retail merchandise fiscal financial budget goals and procedures working closely with GMM's, DMM's, buyers and inventory planners.
- Applies knowledge of merchandise planning and analysis to perform monthly financial reviews. Identifies trends, potential growth opportunities and areas of concern; develops and monitors action plans for the merchandising departments and the ecommerce web store.
- Manages the financial planning process for their areas of responsibilities within the Merchandise division.
- Responsible for the development, implementation and oversight of the order approval and open to buy process relating to sales and inventory for their retail merchandise categories.
- Develops, implements, and performs analysis of special projects. Plans, prepares, controls, and completes management projects and related correspondence as it relates to the merchandising financial planning tools.
- Prepares communication to the field relative to sales, inventory, and gross profit analysis.
- Responsible for supervision and training of their direct reports, Retail Finance Analysts and schedules work; prepares performance reviews; selects, approves, and/or recommends associate hiring/promotions and other personnel actions.
- Works under the supervision of Director of Retail Finance who establishes deadlines and indicates scope of responsibility. Incumbent receives minimum supervision and carries out mission with a high degree of independence and exercises initiative and judgment in resolving problems and executing assignments. Carries out duties in accordance with established methods, procedures and guidelines.
- Carries out policy of courtesy and service. Recognizing the importance of attention required in a retailing and service organization, exercises tact, good manners and courtesy when working with fellow associates and external customers.
- Tactfully responds to inquiries and provides assistance in prompt, friendly, and professional manner.
Performs other duties as assigned.
The incumbent of this position must file a Financial Disclosure Report (OGE) Form 450, as required.
A Total of 6 years of experience consisting of the following:
GENERAL EXPERIENCE: 3 years of experience gained in administrative, professional, or other responsible work that enabled the applicant to gain knowledge of retail merchandising and procurement practices; demonstrated skill in dealing with others is a business environment; and the ability to analyze problems and recommend practical solutions using sound judgment.
OR SUBSTITUTION OF EDUCATION FOR EXPERIENCE: 1 year of academic study above the high school level may be substituted for 9 months of experience, up to a maximum of a 4 years bachelor's degree for 3 years of general experience.
AND SPECIALIZED EXPERIENCE: 3 years of experience in the following: procurement practices, methods and procedures; Developing and managing an open to buy system; developing seasonal financial plans; Preparation of inventory projections; monitoring and maintenance of sales, inventory levels and stock turns; review and analysis of sales, inventory and profit trends; database/spreadsheet software applications; supervisory responsibility of human resources, etc.
Job Summary:
Responsible for the development and implementation of financial plans including sales, inventory and profit. Accountable for monitoring sales and profit results and providing recommendations to achieve financial goals.
Duties and Responsibilities:
- Develops the retail merchandise fiscal financial budget goals and procedures working closely with GMM's, DMM's, buyers and inventory planners.
- Applies knowledge of merchandise planning and analysis to perform monthly financial reviews. Identifies trends, potential growth opportunities and areas of concern; develops and monitors action plans for the merchandising departments and the ecommerce web store.
- Manages the financial planning process for their areas of responsibilities within the Merchandise division.
- Responsible for the development, implementation and oversight of the order approval and open to buy process relating to sales and inventory for their retail merchandise categories.
- Develops, implements, and performs analysis of special projects. Plans, prepares, controls, and completes management projects and related correspondence as it relates to the merchandising financial planning tools.
- Prepares communication to the field relative to sales, inventory, and gross profit analysis.
- Responsible for supervision and training of their direct reports, Retail Finance Analysts and schedules work; prepares performance reviews; selects, approves, and/or recommends associate hiring/promotions and other personnel actions.
- Works under the supervision of Director of Retail Finance who establishes deadlines and indicates scope of responsibility. Incumbent receives minimum supervision and carries out mission with a high degree of independence and exercises initiative and judgment in resolving problems and executing assignments. Carries out duties in accordance with established methods, procedures and guidelines.
- Carries out policy of courtesy and service. Recognizing the importance of attention required in a retailing and service organization, exercises tact, good manners and courtesy when working with fellow associates and external customers.
- Tactfully responds to inquiries and provides assistance in prompt, friendly, and professional manner.
Performs other duties as assigned.
The incumbent of this position must file a Financial Disclosure Report (OGE) Form 450, as required.
A Total of 6 years of experience consisting of the following:
GENERAL EXPERIENCE: 3 years of experience gained in administrative, professional, or other responsible work that enabled the applicant to gain knowledge of retail merchandising and procurement practices; demonstrated skill in dealing with others is a business environment; and the ability to analyze problems and recommend practical solutions using sound judgment.
OR SUBSTITUTION OF EDUCATION FOR EXPERIENCE: 1 year of academic study above the high school level may be substituted for 9 months of experience, up to a maximum of a 4 years bachelor's degree for 3 years of general experience.
AND SPECIALIZED EXPERIENCE: 3 years of experience in the following: procurement practices, methods and procedures; Developing and managing an open to buy system; developing seasonal financial plans; Preparation of inventory projections; monitoring and maintenance of sales, inventory levels and stock turns; review and analysis of sales, inventory and profit trends; database/spreadsheet software applications; supervisory responsibility of human resources, etc.