Director, Merchandise Finance - Food

Director, Merchandise Finance - Food

  • Location BENTONVILLE, AR
  • Department Accounting & Finance
  • Team Finance and Corporate Strategy
  • Employment Type Full Time
  • Position Salary
  • Requisition 809467BR

What you'll do

  • Conducts long-range financial planning and analysis by directing development of financial plans for business strategies that support strategic plans; developing strategies with business partners to achieve corporate objectives; overseeing development of three-year business plan, annual business plan, and overhead budgets for strategic business unit (SBU) by communicating Company targets and SBU initiatives to planning team; creating and submitting SBU capital expense budget; communicating planning assumptions; presenting results to Finance Department and business unit leaders; and identifying risks, opportunities, and strategic initiatives.
  • Manages and performs business analyses to drive financial performance by identifying potential business opportunities through business intelligence and market analysis; supporting strategic business unit (SBU) personnel (for example, Management, buyers, support groups) in shaping vision and strategies; analyzing financial information, developing financial models, and guiding decision-making; assisting in project implementation, including influencing course correction through pre- and post-analysis processes; enforcing disciplined financial analysis methodologies; and facilitating SBU specific financial learnings with business unit stakeholders and Finance Department Management.
  • Manages and performs investment decision analysis by evaluating capital projects, contractual arrangements, and business development opportunities; presenting investment findings; and recommending best course of action for investment.
  • Provides overall direction for strategic business unit (SBU) by analyzing business objectives and Customer needs; developing, communicating, building support for, and implementing business strategies, plans, and practices; analyzing costs and forecasts and incorporating them into business plans; determining and supporting resource requirements; evaluating operational processes; measuring outcomes to ensure desired results; identifying and capitalizing on improvement opportunities; promoting a Customer-focused environment; and demonstrating adaptability and sponsoring continuous learning.
  • Supports strategic business unit (SBU) by developing Finance education programs; and taking action to improve financial and business acumen of Merchandising teams.
  • Ensures compliance with Security and Exchange Commission (SEC) regulations by reviewing and monitoring accuracy of financial statements and business processes; promoting adherence to Generally Accepted Accounting Principles (GAAP) standards; communicating risks of non-compliance to Finance Management; and recommending and implementing any necessary corrective measures.
  • Partners with business unit Management to plan and analyze business performance by ensuring alignment between business partners to achieve corporate goals; providing feedback to Finance Department and business unit Management about business performance; and managing business unit budget process and providing insight on historical trends, expected future events, and current retail trends.
  • Oversees forecasting process and results for business unit components by reviewing and evaluating profit and loss (P&L) forecasts to ensure they reflect current state of business; recommending corrective actions where trends are unfavorable; balancing risk profile of business unit components to anticipate risks and opportunities; driving contingency planning activities to offset external factors effecting business unit; understanding internal risks; and developing and recommending countermeasures to offset or enhance external factors effecting business unit.
  • Develops and implements strategies to attract and maintain a highly skilled and engaged workforce by diagnosing capability gaps; recruiting, selecting, and developing talent; supporting mentorship, workforce development, and succession planning; and leveraging new and existing talent.

Minimum Qualifications

  • Bachelor s degree in Finance or related field and 4 years experience in finance or related field OR 8 years experience in finance or related field.
  • 2 years of supervisory experience OR 2 years experience leading and completing cross-functional projects.

Additional Qualifications

  • 1 year retail experience.
  • 1 year strategic planning experience.
  • Certified Public Accountant (CPA) or related financial certification.
  • Master's degree in Business Administration (MBA), Finance, or related field.

Hello, NW Arkansas

With over 200 miles of trails, an emerging locally-sourced food scene, the world-renowned Crystal Bridges Museum—NWA has something for everyone.

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All the benefits you need for you and your family

  • Multiple health plan options
  • Vision & dental plans for you & dependents
  • Associate discounts in-store and online
  • Financial benefits including 401(k), stock purchase plans and more
  • Education assistance for Associate and dependents

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