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Director of Merchandise Finance for Frequency Strategy(Remote Or Hybrid)

Apply Now Location: 1000 Nicollet Mall, Minneapolis, Minnesota, United States, 55403-2542; job id: R0000263520
job family: Financial Planning & Analysis
schedule: Full time

About Us:

As a Fortune 50 company with more than 350,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.

Working at Target means the opportunity to help all families discover the joy of everyday life. Caring for our communities is woven into who we are, and we invest in the places we collectively live, work and play. We prioritize relationships, fuel and develop talent by creating growth opportunities, and succeed as one Target team. At our core, our purpose is ingrained in who we are, what we value, and how we work. It’s how we care, grow, and win together.   

Right on pace with Target’s distinctive retail brand, Target Finance and Accounting are transforming for the better. As so much more than a financial analyst or a behind-the-scenes number-cruncher, you will be a truly collaborative partner with a seat at the table. You’ll bring your unique point of view, experience and passion for the work to your team and internal clients. In Finance, you’ll be an integral voice in discussions that lead to Target’s unparalleled shopping experience. Your analysis and recommendations will be directly applied to critical business decisions, from sales to merchandising and beyond. Within Finance, you’ll enjoy the interesting challenges of the competitive retail space, and you’ll have a 360-degree impact—rather than on just one part of the business. You’ll see your contributions come to life in virtually every area of this dynamic enterprise. And you’ll grow and be challenged in your career while having a healthy balance with life outside of work.

A role in Financial Planning & Analysis means belonging to a great team of genuine, diverse, courageous and versatile people who put integrity and ethics at the heart of everything they do. Together, you’ll drive outstanding financial results by enabling and accelerating Target’s strategic execution. You’ll nurture influential partnerships with leaders who value your credibility, thanks to the quality and reliability of your insights. To teams across Target, you’ll bring your skills for analytical rigor, creative problem-solving and sound decision-making. You’ll be an active contributor to cross-functional teams. You’ll rise to the challenge of the dynamic retail industry, brining innovative solutions that have a direct impact on financial and operational direction-setting, merchandising and capital investments and how to best use our resources. All of your good work will help elevate and maintain Target as one of the world’s most recognized and best-loved retail brands.

The MFA Director – Frequency Operation and Long Horizon Strategy will lead a group of highly talented senior managers and take the lead to:

  • Lead Food and Beverage Supply Chain/Operations Financial teams
    • Manage and influence the end to end (Sales to EBIT) success of Food and Beverage business
    • Oversee business case development and capital investment across Food Supply Chain
    • Manage SG&A Budget for all Food and Beverage
    • Set financial goals for Food Supply Chain and Operations based on external and internal factors and size key strategic building blocks and tactics
    • Analyze trends and assess the financial health of the business to help with long-term planning, day to day decisions, and contingency scenarios
    • Analyze variances between forecast, plan and actual results and identify actions to address gaps and accelerate opportunities

  • Lead Frequency Long Horizon Strategy team (Food & Beverage and Beauty & Essentials)
    • Build, manage and operationalize Long Range Financial plans across frequency
    • Build measurement plans for key building blocks and key initiatives included in LRP
    • Play a critical role in the acceleration and growth of Target’s Frequency business, partnering with a broad set of cross-functional leaders to challenge and optimize the operating model
    • Drive accountability across roundtables to deliver long term financial goals
    • Develop business cases and management for new concepts (for e.g. Ulta)
    • Partner across broader finance and accounting teams to drive business opportunities, identify needed expertise, and serve as a liaison to other finance stakeholders

  • Lead, Develop, and Coach a Highly Talented and Motivated team
    • Attract, manage, and develop experienced finance talent
    • Set priorities, remove obstacles for delivering on objectives, and ensures the team is focused on providing value-added support that helps deliver strong financial performance

About you:

  • B.A/B.S degree or equivalent experience in Finance, Merchandising or other related field
  • MBA/CPA/MA Preferred
  • +8 years of business experience, retail a plus
  • Excellent communication, collaboration and interpersonal skills
  • Strong analytical aptitude and critical thinking skills with demonstrated results driving critical strategies forward
  • Ability to work in a fast-paced environment and manage project deadlines and competing priorities effectively
  • Demonstrated leadership skills that showcase the ability to direct, influence and coach a team of partners, peers, and direct reports
  • Strong verbal and written communicator

This position may be considered for a Remote or Hybrid work arrangement based on Target’s needs.  A Hybrid work arrangement means the team members core role will be a blend of virtual and onsite at a Target location. A Remote work arrangement means the team member works full-time from home or an alternate location that’s not a Target location, does not have a desk at their primary HQ work location and may travel to HQ up to 4 times a year. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. The salary range is :$119,500.00 USD - $215,100.00 USD. Pay is based on several factors which may include, but are not limited to education, work experience, certifications, labor markets, etc. In addition to your salary, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

Americans with Disabilities Act (ADA)

Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.

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  • Finance and Accounting, Minneapolis, Minnesota, United StatesRemove

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