Genesco

Footwear Costing Manager

Genesco • $75K — $95K *
Nashville, TN 37211In-Person
Retail & Consumer Goods
5 - 7 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • 5+ years of cost analysis experience, preferably in an office environment
  • 4-year college degree in Finance, Accounting, or Business
  • Prior experience in the footwear industry is strongly preferred
  • Proficient in Microsoft applications, especially Excel
  • General knowledge of financial and pricing models

Responsibilities

  • Collaborate with design and development team to meet costing timelines and ensure quote accuracy
  • Lead seasonal costing negotiations with suppliers
  • Provide margin reporting insights to senior leadership
  • Set and track seasonal margin targets to improve profitability
  • Execute financial analysis for gross margin reviews
  • Maintain and develop reports for visibility into pricing metrics
  • Ensure accurate and timely data entry in costing systems
  • Work with sourcing team to verify purchase order pricing

Benefits

  • Collaborative work environment with cross-functional teams
  • Opportunities for strategic influence in product development
  • Engagement with global suppliers, enhancing negotiation skills
  • Exposure to financial analysis and strategic decision-making
  • Chance to work in a dynamic industry with seasonal cycles
Full Job Description
The Ideal Candidate

Reporting to the Director of Costing & Business Operations, this position will contribute to Genesco Brands Group footwear costing process, leading seasonal product costing. The Costing Manager will also collect and validate costing from suppliers and collaborate with Product Development to achieve seasonal gross margin targets. Must have an excellent sense of numbers, strong analytical traits, and a working knowledge of Excel is required. This role will interact directly with key factory partners, and a high level of negotiating skill will be needed, as well as an understanding of geographic and cultural differences.

How You Will Make an Impact
  • Collaborate with the design & development team and suppliers to ensure costing timelines are met, quotes are received, and all are accurately reflected in PIM/Jesta.
  • Lead seasonal costing negotiation with suppliers by program with support and direction from Director Costing.
  • Influence product pricing and provide margin reporting insights to senior leadership to drive smart development decision-making.
  • Set and maintain seasonal margin targets and track against goals to improve profitability for GBG footwear.
  • Execute financial analysis before, during, and after the season to review gross margin successes and improvements needed for future seasons.
  • Develops new and maintains old reports, with a goal, of gaining more visibility into pricing by category, supplier, construction, and other areas.
  • Learn and master all systems used in product development that flow downstream from costing (PIM, Jesta SnD).
  • Ensure all costs are loaded into the PIM/Jesta system on time, accurately, and fully approved.
  • Collaborate with the sourcing team to ensure pricing is accurate on purchase orders.
  • Ability to consolidate data from multiple sources and perform basic analysis.
  • Highly analytical and organized with capabilities to multi-task throughout multiple systems.
  • Effective communicator and great team player with ability to work closely with cross functional areas.

Skills and Experience You'll Need to Have
  • 5+ yrs. Cost analysis experience, preferably in an office environment
  • 4-year college degree in Finance/Accounting/Business preferred
  • Prior experience in the footwear industry is strongly preferred
  • Must be competent in the areas of Microsoft applications, especially Microsoft Excel
  • General knowledge of financial and pricing models, and ability to think through and problem-solve critical business issues.
  • Travel required occasionally

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About Genesco

Genesco Inc. is a publicly owned specialty retailer of branded footwear, licensed and branded headwear and licensed sports apparel and accessories and is a wholesaler of branded and licensed footwear. Genesco sells its products principally under the names Journeys, Journeys Kidz, Shi by Journeys, Schuh, Schuh Kids, Little Burgundy, Lids, Locker Room by Lids, Lids Clubhouse, Johnston & Murphy, and on internet websites. Genesco Inc., through its various subsidiaries, operates approximately 1,490 retail stores throughout the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland, primarily under the names Journeys, Journeys Kidz, Shi by Journeys, Schuh, Schuh Kids, Little Burgundy, Lids, Locker Room by Lids, Lids Clubhouse, and Johnston & Murphy.
Learn more about Genesco
Size
18,000 employees
Market Cap
$564.1 million
Industry
Retail & Consumer Goods
Net Income
-$56.4 million
Founded
1924
5 Year Trend
+3.7%
Revenue
$1.7 billion
NASDAQ
GCO
* Ladders Estimates

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