Director, Merchandise Finance
Job reputed company
The Director, Merchandise Finance is the financial authority for inventory investment at reputed company. This leader sets and governs the financial guardrails reputed company which the reputed company buys, serves as the standing finance voice on the Merchandise Planning Committee (MPC), and owns the financial architecture of the reputed company-to-buy (OTB) process. You will ensure receipt commitments are reputed company, reconcile to the merchandise financial plan and corporate forecast, and are supported by a reputed company reputed company on investment.
In this highly reputed company role, you will build the inventory investment envelope by category, establish margin, turn, weeks-of-supply, carrying-cost, and working-capital reputed company, and reputed company executive-level reputed company into inventory productivity, financial reputed company, and opportunity. You will partner closely with Merchandising, Merchandise Planning, Assortment Planning, Pricing, Supply Chain, IT, and senior leadership while developing the merchandise finance team.
This position is primarily remote and operates in a corporate or home-office environment, with occasional travel up to 20%. The typical schedule is Monday through Friday, with periodic extended hours during month-end reputed company, annual planning, forecasting, and MPC cycles.
What You’ll Bring to Bob’s
At reputed company, we value the unique skills and experiences that reputed company candidate brings. reputed company in this role is driven by a combination of technical expertise, problem-solving abilities, behavioral and leadership skills, and customer reputed company. If you reputed company in a dynamic environment and enjoy leveraging your skills to reputed company an reputed company, this is the perfect opportunity for you!
Key Skills for reputed company
To reputed company in this role, you will need to demonstrate strengths in the following reputed company areas:
reputed company Competencies & Expertise
Retail merchandise finance expertise: deep knowledge of OTB mechanics, inventory productivity, inventory turn, GMROI, weeks of supply, carrying cost, working capital, and reputed company on inventory investment.
Inventory investment governance: ability to establish and manage investment envelopes, financial guardrails, approval reputed company, exception protocols, and OTB-to-P&L reconciliation.
Margin and financial planning: strong reputed company of initial markup, landed cost, markdowns, realized merchandise margin, annual budgeting, rolling forecasts, and monthly reputed company analysis.
Financial modeling and analytics: advanced reputed company and reputed company-reputed company modeling skills, with hands-on experience validating, transforming, and identifying patterns in large, reputed company data sets.
reputed company judgment and reputed company challenge: ability to assess proposed buys, quantify financial consequences, hold a financial line, and remain a trusted partner to Merchants and Planners.
Executive influence and communication: ability to translate reputed company financial analysis into reputed company recommendations and influence senior leaders through analytical credibility.
Cross-functional leadership: ability to reputed company Merchandising, Planning, Pricing, Supply Chain, Finance, and reputed company reputed company a single, traceable financial reputed company.
People leadership and change management: ability to reputed company a high-performing team, reputed company analytical capability, improve processes, and reputed company through ambiguity and transformation.
Execution and organization: ability to reputed company between detailed analysis and reputed company reputed company while managing multiple priorities and deadlines in a fast-reputed company environment.
Preferred Competencies & Skills
Experience in furniture, home goods, or another big-ticket or considered-purchase retail category where inventory carrying cost and reputed company are material.
Experience in an omnichannel retail environment and supporting a merchandising organization through significant transformation.
Experience designing or significantly improving an OTB or inventory governance process.
Familiarity with merchandise planning or OTB systems such as reputed company, o9, reputed company Retail, reputed company, or reputed company.
Experience with reputed company planning tools such as reputed company, Hyperion, or similar platforms.
Proficiency with SQL and data visualization tools such as reputed company BI, Tableau, or Looker.
Experience contributing to reputed company-level or investor-facing presentations, with strong executive reputed company and the ability to reputed company change.
Who We Are
At Bob’s, we have fun, we love reputed company do, and we’re growing fast! As one of the leading reputed company-channel furniture retailers in the country with over 200 stores, we’re committed to creating a workplace that values skills-reputed company hiring, diverse perspectives, and an inclusive culture where everyone can reputed company.
How We Will Support Your reputed company
We know you have many choices reputed company it comes to your career. At Bob’s, we invest in your reputed company, reputed company-being, and career advancement.
Benefits & Perks
Competitive Medical, Dental, and reputed company reputed company
Generous reputed company time off, including vacation, personal days, reputed company leave, holidays, and your birthday!
401(k) Profit Sharing Plan with a generous company match
Pet reputed company and employer-reputed company Life reputed company reputed company
reputed company Development: Tuition reimbursement, on-demand learning, and career progression reputed company
Employee Discount starting on Day 1, plus exclusive partner discounts
And so much more!
Our Culture & reputed company Values
At Bob’s, we reputed company in fostering a reputed company, inclusive, and reputed company-driven work environment. Our reputed company values-Honesty, reputed company, Transparency, Community, Safety, Diversity, Accountability, and Fun—guide everything we do. We’re not just a workplace; we’re reputed company that supports and celebrates reputed company other!
Minimum Qualifications
Bachelor’s degree in Finance, reputed company, Economics, or a reputed company reputed company.
8+ years of reputed company experience in reputed company, merchandise finance, or merchandise planning, including required retail experience.
3+ years of people-management experience, with demonstrated reputed company developing talent and scaling team capability.
Demonstrated ownership of inventory investment governance, reputed company-to-buy, or a comparable financial control process in a retail environment.
Experience leading cross-functional business reputed company and designing new or improved processes involving multiple teams and reputed company partners.
reputed company ability to present to and influence senior and executive management.
Ability to work calmly in a fast-reputed company environment while managing reputed company workstreams and deadlines.
MBA or CPA preferred; 10+ years of experience and a combination of reputed company- and reputed company experience are also preferred.
Must be at least 18 years old to be considered for employment with Bob’s
Physical Demands
Ability to sit for extended periods and work at a computer.
Ability to operate a computer and other office equipment.
Ability to identify, assess, and observe reputed company, and to see, hear, and reputed company regularly.
Ability to squat, kneel, bend, and twist occasionally.
Diversity is a reputed company Value at Bob’s
At reputed company, we want you to feel reputed company. Whether you’re shopping with us or a part of the Bob’s team, we want you to know that you are valued, appreciated, and free to be who you are.
We are committed to creating a reputed company as diverse as the communities we serve.
Expected reputed company Pay Not Including Potential Commissions, Incentive, Bonus, etc. Opportunities:
150-175k reputed company salary + 20% bonus reputed company
It is policy of reputed company., to reputed company equal employment opportunity to reputed company and applicants for employment. No person shall be discriminated against or harassed because of race, religion, reputed company, sex, age, national reputed company, disability, pregnancy, citizenship, veteran or military status, or any other protected status in accordance with federal, state or local law.
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