Merchandise Financial Planner

Are you a strategic thinker with a passion for retail and numbers? Do you have a keen eye for trends and a knack for forecasting? If so, we have an exciting opportunity for you to join our team at Nordstrom as a Merchandise Financial Planner.As a Merchandise Financial Planner, you will play a critical role in driving the success of our business by developing and executing financial plans for our merchandise assortment. You will work closely with our buying and planning teams to analyze sales data, create budgets, and make recommendations for inventory levels and pricing strategies.To excel in this role, you must have a strong understanding of retail math and a proven track record of driving sales and profits through effective merchandise planning. You should also possess excellent communication and collaboration skills, as well as the ability to thrive in a fast-paced and dynamic environment.If you are a results-driven individual who is passionate about the retail industry and has a knack for financial planning, we would love to hear from you. Join us at Nordstrom and be a part of a team that is dedicated to delivering the best shopping experience for our customers.

1. Develop and execute financial plans for merchandise assortment to drive sales and profits.
2. Analyze sales data and market trends to make informed recommendations for inventory levels and pricing strategies.
3. Collaborate with buying and planning teams to ensure alignment on financial goals and strategies.
4. Monitor and track inventory levels, sales, and margins to identify opportunities for improvement.
5. Utilize retail math and forecasting techniques to create accurate budgets and sales projections.
6. Communicate financial plans and performance updates to cross-functional teams and senior management.
7. Identify potential risks and opportunities in the market and develop contingency plans.
8. Stay up-to-date on industry trends and competitive landscape to inform merchandise planning decisions.
9. Utilize data and insights to drive continuous improvement and optimize merchandise assortment.
10. Develop and maintain strong relationships with vendors to negotiate favorable terms and pricing.
11. Collaborate with visual merchandising team to ensure merchandise is presented in an appealing and strategic manner.
12. Participate in the development and implementation of new processes and systems to improve merchandise planning efficiency.
13. Train and mentor junior merchandise planners to develop their skills and knowledge.
14. Maintain a high level of accuracy and attention to detail in all financial planning and analysis.
15. Act as a brand ambassador for Nordstrom, promoting our values and delivering the best shopping experience for our customers.

According to JobzMall, the average salary range for a Merchandise Financial Planner in Seattle, WA, USA is $81,000 - $115,000 per year. This can vary depending on factors such as experience, education, and the specific company and industry the individual is working in.

Nordstrom, Inc. is a U.S. luxury department store chain founded in 1901 by John W. Nordstrom and Carl F. Wallin. It originated as a shoe store, and evolved into a full-line retailer with departments for clothing, footwear, handbags, jewelry, accessories, cosmetics, and fragrances.