Senior Manager, Merchandise Finance - DFS9112656 in Hong Kong at DFS

Date Posted: 10/12/2019

Job Snapshot

Job Description

The Senior Manager, Merchandise Finance is responsible for analyzing and driving Sales, Gross Margin, Inventory and overall Financial performance by Category, Division and Location. He / She works closely with the category Planning teams managing the Open to Buy to ensure Gross Margin and Inventory strategies are on track to achieve financial targets. This includes on-going partnership with the Product Category VPs and Directors in plan / forecast development and tracking of actual performance, with recommendation for improvement. He / She also works closely with the Merchant, Marketing, and Division teams in driving promotional campaign effectiveness and maximizing funding support from business partners. This position is instrumental in driving DFS Gross Margin and Inventory results with focus on Division and Location profitability.

Key Responsibilities:
Gross Profit and Inventory management
• Review, challenge, and validate Open To Buy Plan and Forecast by Division by Product. Partner with Merchandise Finance Planning and Reporting team (MFPR) and category team to ensure connectivity.
• Track category performance of Sales, Gross Margin, and Inventory by Division and Location against Budget and Forecast. Identify exceptions, opportunities, and risks.
• Partner with Product Category team to address exceptions, opportunities, and risks. Attention to drive profit by product by location.
• Establish independent projection for Sales, Gross Margin and Inventory projection. Ensure connectivity and alignment with MFPR team for reporting to senior management. Reporting and Analysis
• Monthly and Weekly reports (Qualitative and Quantitative) and analysis on Sales, Gross Profit, and Inventory.
• Provide statistical and quantitative analysis as requested by DFS senior management Division Partner Relations
• Monthly update to Division team on Division Sales and Gross Margin results and outlook. Provide insight and recommend action
• Partner with Division in tracking results, ensure alignment on conclusion and expectation

Key Requirements:
- Bachelor’s degree or equivalent - 5 – 7 years management experience in merchandising Financial and analytical background in buying or planning Accounting / Financial Planning experience is an advantage- Bachelor’s degree or equivalent - Proven leadership in a multi-cultural work environment - Able to lead teams through ambiguity and change. - Global business experience preferred.