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Merchandise Financial Planning Manager

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the LEGO Group

16d ago

  • Job
    Full-time
    Senior Level
  • Business, Operations & Strategy
    Banking & Finance
  • London

AI generated summary

  • You should have retail financial planning experience, statistical forecasting skills, strong collaboration and analytical abilities, attention to detail, and a results-driven mindset in a fast-paced setting.
  • You will ensure quality merchandise planning, support target setting, collaborate cross-functionally, track performance, model scenarios, offer assortment insights, ensure process alignment, and lead projects.

Requirements

  • Proven financial planning experience within a retail environment, covering on-line and brick-and-mortar channels
  • Experience of crafting retail plans at various location levels, including Country and Store.
  • Experience at using statistical forecasting for growing planning efficiency and accuracy
  • Demonstrating strong collaboration skills across various functions, cultures and management levels.
  • Strong analytical approach, the ability to spot patterns and draw conclusions from large data sets.
  • Strong organisational skills, attention to detail, and ability to manage multiple priorities in a fast-paced environment.
  • Results driven with a can-do attitude that thrives in overcoming challenges!

Responsibilities

  • Merchandise Planning Ensure the quality of the Merchandise Financial Plan for a group of product categories, initially across an up-to 24-month horizon (expanding as our processes mature). You will apply a product-first lens to planning which can be compared and contrasted against the bottom-up location plan
  • Target Setting Support the process of annual target setting across sales, margin, inventory, location etc. Work alongside relevant teams in monitoring actual performance against critical metrics
  • Cross-Functional Collaboration Build strong relationships with stakeholders across the business (Finance, Category Management, Channel Heads, Marketing etc.) to ensure that the Merchandise Financial Plan is reflective of all key inputs
  • Risks and Opportunities Track actual performance versus plan and highlight any gap-to-target risk in a timely manner. Be an active participant in identifying commercial activities that help mitigate any such risk
  • Scenario Based Planning Model the impact of commercial activities such as mark-downs / promotions on inventory, CS top-line and margin. Be able to clearly present and articulate the various options to key partners within the business
  • Range Input Support the development of assortment plans based on data driven insight. Be an important voice in giving input on longer range portfolio choices, aligned with LEGO Retail strategic ambitions (consumer audience, price point etc.)
  • Process Alignment Play a key role in ensuring best practice is applied globally, across the full end-to-end LEGO Retail planning process
  • Adhoc As LEGO Retail is on a growth journey, there will be opportunities and expectations to lead regional and global projects across planning and operations. Current focus is on implementation of end-to-end retail planning capabilities (o9 platform) utilising statistical forecasting

FAQs

What is the primary role of the Merchandise Financial Planning Manager?

The primary role is to ensure the quality of the Merchandise Financial Plan for a group of product categories, applying a product-first lens to planning over an up-to 24-month horizon.

What kind of experience is required for this position?

Proven financial planning experience within a retail environment, covering both online and brick-and-mortar channels, is required.

Is collaboration with other teams important for this role?

Yes, building strong relationships with various stakeholders across the business, including Finance, Category Management, and Marketing, is essential.

Will the Merchandise Financial Planning Manager be involved in target setting?

Yes, the manager will support the process of annual target setting across sales, margin, inventory, and other key metrics.

What types of planning methodologies will be utilized in this role?

Statistical forecasting will be used to enhance planning efficiency and accuracy, alongside scenario-based planning to model the impact of commercial activities.

Are there opportunities for leading regional and global projects in this role?

Yes, there will be opportunities and expectations to lead projects across planning and operations as LEGO Retail continues its growth journey.

What kind of skills are emphasized for this position?

Strong collaboration skills, an analytical approach, attention to detail, organizational skills, and a results-driven attitude are emphasized.

How will performance against the Merchandise Financial Plan be monitored?

The manager will track actual performance versus plan and highlight any gap-to-target risks in a timely manner, as well as identify commercial activities to mitigate risks.

Are employees eligible for a colleague discount?

Yes, all employees qualify for a generous colleague discount from day one.

What benefits does the LEGO Group offer to support employee wellbeing?

The LEGO Group offers resources and benefits to nurture physical and mental wellbeing, along with enhanced paid leave options, and life and disability insurance.

the LEGO Group

Our mission is to inspire and develop the builders of tomorrow.

Manufacturing & Electronics
Industry
10,001+
Employees

Mission & Purpose

We are the LEGO Group, the company behind the world’s most loved LEGO® bricks. Our brand name derived from the two Danish words Leg Godt, which mean “Play Well”. We’ve been sparking imaginations and inspiring the builders of tomorrow since 1932. This is our mission and what motivates our colleagues around the world every day. Today, we remain proudly family-owned with headquarters in Billund, Denmark. We have regional hubs in Boston, USA; London, UK; Shanghai, China; and Singapore, as well as 7 manufacturing facilities around the world. These places are home to 28,000+ colleagues in everything from design and engineering to digital technology and marketing. Together we learn, imagine and build – creating play experiences that are sold in over 130 countries worldwide. A purposeful and responsible global brand where creativity helps to inspire builders all around the world. Just imagine being part of that!