(T) Junior Financial Planner
Work Arrangement
Office Days per Week: 2 days
Key Skills
Job Description
Overview
With the customer in the center of our vision and with the newly implemented strategic “Lace up plan”, the Junior Financial Planner (Jnr. FP) plays a crucial role in facilitating the creation of a deeper, more relevant connection to our customers.
The Jnr.FP’s main objective is to support the Financial Planner (FP) in uniting the product merchandise vision with the divisional financial strategies to deliver the on-going management of a profitable and productive product assortment across our omni channel European business.
The Jnr.FP will support the FP in the forecasting, coordination, and scenario building of planning and inventory management from total company level down, with the objective of maximizing turn and gross margin through Product Lifecycle Management (PLM).
The Jnr.MFP fosters an effective working relationship with the Buyer, Assortment Planner, Customer Experience (CX), Visual Merchandising (VM) and Brand Partners to strengthen business and support company strategies.
To be successful in this role, you will need commercial awareness, excellent analytical and communication skills coupled with the ability to forester strong partnerships with stakeholders.
Responsibilities
- Together with the FP, develop pre-season bottom-up financial plans for FOB/consumer group at Vendor level.
- Under the supervision of the MFP, produce and present weekly, monthly and quarterly outlooks at product level for a FOB/consumer group. (Sales, MDs, Receipts, Ending Inventory).
- Support OTB management for FOB/Consumer Group at Vendor level clearly identifying opportunities whilst controlling inventory levels.
- PLM - Partner with Allocation, Buying and GTM/VM to ensure Product Lifecyle expectation are realized.
- Track and provide guidance through forecasting on upcoming inventory aging issues
- Lead the setup from a financial MD exposure for sale periods
- Utilize the Markdown Application to enhance margin whilst achieving sell through goals
- Develop understanding of Brand Partner trade terms to comply with rules of engagement.
- Maintain and enhance best business practices across the merchandising group by partnering closely with all members of the Planning Team, seeking input from respective subject matter experts.
- Support test and learn environment by making initiatives manageable and recognizing scalability fast.
Qualifications
- University or College degree in Business Administration, Economics, Supply Chain or equivalent education and experience.
- Identify and understand the various business needs and propose solutions/strategic changes.
- Be aware of and introduce innovative approaches/best practices to the business.
- Understand all areas of the business and their requirements and challenges.
- Review current processes to identify potential improvements and implement them together with the responsible area.
- Minimum 5 years’ experience in a trend driven, high-volume company.
- Strong analytical and critical thinking skills.
- Problem solving and decision-making abilities.
- Advanced Excel skills are a must, experience using planning tools (Marketmax, Arthur, SAP etc) is preferable.
- Project management skills.
- Understanding of the European consumer and regional differences.
- Business mathematical skills required.
- Ability to work under pressure and with own initiative.
- Sound business/commercial awareness, high concern for effectiveness, entrepreneurial.
- Enthusiastic, goal-oriented team player with a desire to join the biggest in the business.
- Superior communication skills and ability to influence across all levels of a complex, culturally diverse matrix organization: natural ability to engage others into buying into a vision or a solution, while keeping an open mind to others’ opinions.
- Proactive communication, conveys healthy confidence, energy and inspires trust.
- Understand and is passionate about sneaker culture.
Benefits
- Recognition, inclusion and belonging in a diverse environment
- 25 holidays and flexible working (hybrid position, in office ~2 days p/w)
- Employee Discount on in-store and online products
- Casual Sneaker Culture
- Learning & Health/Wellbeing programs
- Career development and growth in an ambitious international team
- Travel reimbursement
- Access to premium wellness apps
- Bike plan and contribution to gym subscription
- Pension Plan
- Discounted Collective Health plans
- Activities organized by our Social Committee #
Core Responsibilities
The Junior Financial Planner supports the Financial Planner in managing profitable product assortments and inventory through forecasting and scenario building. They collaborate with cross-functional teams including buying, allocation, and visual merchandising to align financial strategies with product vision.
Requirements
Candidates must hold a degree in Business, Economics, or Supply Chain and possess at least 5 years of experience in a high-volume, trend-driven environment. Advanced Excel skills and strong analytical capabilities are essential for success in this role.
Benefits
- Recognition
- Inclusion and belonging
- 25 holidays
- Flexible working
- Employee discount
- Learning programs
- Health and wellbeing programs
- Career development
- Travel reimbursement
- Wellness apps
- Bike plan
- Gym subscription contribution
- Pension plan
- Discounted collective health plans
- Social committee activities
About Foot Locker
Industry: Retail
Company size: 10,001+ employees
Foot Locker, Inc. is a leading footwear and apparel retailer that unlocks the “inner sneakerhead” in all of us. With approximately 2,500 retail stores in 26 countries across North America, Europe, Asia, Australia, and New Zealand, and a franchised store presence in the Middle East and Asia, Foot Locker, Inc. has a strong history of sneaker authority that sparks discovery and ignites the power of sneaker culture through its portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos. Our corporate headquarters is in New York City. We have domestic U.S. offices in St. Petersburg, FL; Camp Hill, PA; Junction City, KS; Los Angeles, CA; and Wausau, WI. Our European head office is in Utrecht, The Netherlands and is staffed with professionals from over 30 different countries who live, eat and breathe sneakers. Our Asia Pacific head office is based in Brisbane, Australia. Together, we are a team of customer-obsessed-sneaker-experts responsible for creating meaningful connections and unrivaled experiences with the diverse communities we service. We play to win and succeed as a team. We attribute our success to the drive and intelligence of our team members. We firmly believe that “everyone leads” at Foot Locker and are committed to leveraging the passions of our leaders across the globe. We offer our team members tools and resources to build their capabilities and cultivate a path for their career growth. We have and will continue to succeed as a great company through these ideals and strong leadership. Relentlessly committed to fuel a shared passion for self-expression, we create unrivaled experiences at the heart of the sport and sneaker communities through the power of our people. If you want to be a part of something bigger than you can imagine, you’ve come to the right place. To learn more about the incredible impact we’re making on both our local and global communities, visit our Foot Locker LinkedIn Life pages.