Foot Locker

Financial Planner

Foot Locker$75K — $90K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business Administration, Economics, Supply Chain, Finance, or related fields
  • Minimum 3 years of experience in financial planning or related roles
  • Proficient in advanced Excel skills
  • Familiarity with planning tools like Marketmax, SAS, SAP, etc.
  • Proven ability in constructing financial plans and strategies
  • Strong analytical, critical thinking, and problem-solving skills
  • Excellent communication with a sound business awareness

Responsibilities

  • Create pre-season omnichannel sales and margin plans aligned with merchandise strategy
  • Reconcile financial plans with established targets with the Director Planning
  • Drive the Open to Buy process, identifying opportunities while managing inventory
  • Facilitate Open to Buy meetings, analyzing pricing strategies during the season
  • Lead weekly reviews of product performance and implement key actions
  • Build strong relationships with colleagues and vendors to support strategies
  • Attend vendor meetings to align on financial planning

Benefits

  • Employee Discount
  • Paid Time Off
  • Comprehensive Medical, Dental, and Vision Coverage
  • 401(k) and Roth 401(k) options
  • Life Insurance coverage
  • Flexible Spending Account
  • Career Advancement opportunities
  • Education Reimbursement for qualified courses
  • Strong Company Culture
  • Employee Resource Groups
Full Job Description
Overview

This hybrid position will belocatedat ourFoot Locker OfficeinNew York,NY.

Expectations for hybrid in-office scheduleisthree days a week, typically Tuesday, Wednesday, and Thursday.

The Financial Planner will have a key role in building a customer-specific financial product plan in line with the merchandise strategies and ensuring the constant flow of fresh product to all channels of distribution.One of the key Financial Planner responsibilities is to establish effective working relationships with vendors to strengthen business and support company strategies.Past and predicted vendor and product performance will help the Financial Planner determine departmental strategies for the coming seasons.To be successful in this role, you will need commercial awareness, and excellent analytical and communication skills.

We are looking for Financial Planners acrosss Footwear and Accessories.

Responsibilities

Pre/In-season Financial Planning
  • Create pre-season department/vendor omnichannel sales, markdowns, receipts, and margin plans that support the merchandise strategy
  • Reconcile bottom-up and top-down plans with Director Planning, in line with established financial targets
  • Drive the Open to Buy process for the Assortment Planner and Buyer, clearly identifying opportunities whilst managing inventory levels
  • Prepare and facilitate Open to Buy meetings
  • Analyze initial pricing structures and propose in-season pricing strategies
  • Lead weekly product performance review with team and identify key actions
  • Build trusting, mutually beneficial relationships with colleagues and vendors
  • Attend vendor pre and final lines to align on financial product strategies
Vendor Management
  • Develop understanding of vendor trade terms to comply to rules of engagement
  • Partner with Director Planning, compile and analyze departmental vendor results and strategies
  • Analyze results with vendor partners to identify opportunities and risks
  • Partner with Director of Planning and Buyer counterparts to create vendor seasonal forecasts

Qualifications
  • Bachelors Degree in Business Administration / Economics / Supply Chain / Finance / other related fields or equivalent education and experienceMinimum 3 years experience
  • Experience in a trend driven, high volume company preferred but not required
  • Advanced Excel skills are a must
  • Experience using planning tools (Marketmax / SAS, SAP, etc.) is preferable
  • Experience with constructing financial plans
  • Strong analytical and critical thinking skills
  • Problem solving and decision-making abilities
  • 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
Benefits

The annual salary range for this role is $75,000 6 $90,000 / year. This range represents the anticipated low and high end of the salary for this position. This role is also eligible to receive short term incentives that align with individual and company performance. Salary will be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity, location, and alignment with market data. Salary is one component of the Foot Locker, Inc. total compensation package, which includes the below:

Foot Locker Benefits:

  • Employee Discount
  • Paid Time Off
  • Medical | Dental | Vision Coverage
  • 401(k) | Roth 401(k)
  • Life Insurance
  • Flexible Spending Account
  • Opportunities for Advancement
  • Education Reimbursement for Qualified Courses
  • Strong Company Culture
  • Employee Resource Groups

About Foot Locker

Foot Locker, Inc. is a global retailer of shoes and apparel, operating 3,473 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand as of February 1, 2014. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailers whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, SIX:02, as well as the retail stores of Runners Point Group, including Runners Point, Sidestep and Run2. The Direct-to-Customers segment includes Footlocker.com, Inc. and other affiliates, including Eastbay, Inc., CCS, and Tredex, which sells to customers through Internet Websites, mobile devices, and catalogs.

Foot Locker Careers

Join the dynamic team at Foot Locker, a leading global retailer of athletically inspired shoes and apparel. At Foot Locker, we empower our employees with unmatched opportunities for career growth and leadership development in the retail industry. Work You’ll Do Become a part of Foot Locker’s vibrant culture by joining our diverse team. We are committed to innovation, leadership, and excellence in every aspect of our business. From sales to corporate functions, Foot Locker offers a variety of job opportunities that allow you to bring your passion and creativity to our team. Transform your career with Foot Locker, where we value diversity and are dedicated to fostering an inclusive environment. We believe that our team’s varied perspectives and experiences are crucial to our success. Lead with Confidence Step into a role that challenges you, fosters your professional growth, and puts you on the path to leadership. At Foot Locker, you’ll work alongside industry leaders and seasoned professionals who are eager to share their knowledge and experience. Work with a team that’s as passionate about the success of the company as they are about each individual’s career advancement. Foot Locker offers extensive training and development programs, including diversity training and leadership workshops, to help you reach your full potential. Innovative Opportunities Engage in work that matters with a company that’s at the forefront of the retail industry. Foot Locker is constantly innovating to meet the ever-changing needs of our customers and to stay ahead in a competitive market. Our employees enjoy a range of benefits that support their personal and professional lives, including health, dental, and vision insurance, employee discounts, and flexible working arrangements. Internship Programs Kickstart your career with a Foot Locker internship. Gain invaluable industry experience, develop your skills, and build your professional network. Our internships offer a real-world glimpse into how a major retail company operates, providing you with the tools needed to succeed in your future career. Join Our Team Explore the employment opportunities at Foot Locker and find the position that matches your skills and ambitions. We are always looking for curious, driven, and innovative team players who are ready to make an impact. Stay Connected Keep up to date with the latest company news, hiring events, and career tips by visiting our Foot Locker Careers page. Customize your job alerts to receive updates on positions that interest you the most. Apply Today Ready to take the next step in your career? Submit your resume, prepare for your interview, and join a company that’s committed to your growth and success. Search Foot Locker jobs now and discover how you can contribute to our dynamic team. Foot Locker is not just a company; it’s a place where you can grow, innovate, and lead. We look forward to welcoming you to our team and helping you achieve your professional goals.
Learn more about Foot Locker
Size
16,555 employees
Market Cap
$3.3 billion
Industry
Net Income
$323 million
Founded
1974
5 Year Trend
+2.9%
Revenue
$7.5 billion
NASDAQ

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