Director, Merchandise Financial Planning & Analysis

Position Purpose

The Director of Financial Planning and Analysis is a key role within the Finance team, responsible for driving the financial strategy, planning, analysis, and reporting across multiple channels at Petco, including retail stores and eCommerce. Works in partnership with senior merchandising leadership (SVP's/VP’s) to provide strategic and analytical leadership supporting sales, margin, expenses, and other KPI’s to drive results, identify risks, and deliver our committed financial goals. Helps to create and manage the annual budget and monthly forecasting processes in partnership with the merchandise and planning teams. Provides ad hoc financial analysis to support Sr. Leadership and works cross functionally with Merchants, Planners, Inventory and Consumer analytical teams to analyze performance issues, develop actionable insights, and provide recommendations. Leads and develops a team that will support our business partners and drive continuous improvement.

Essential Job Functions

• Partner with merchandising leadership and finance on strategic and analytical initiatives
• Manage and develop a high-performing FP&A team, fostering a culture of collaboration, accountability, and continuous improvement
• Complete complex analyses in all aspects of Petco’s business to help senior leadership understand and answer critical business issues and questions. This includes facilitating cross-functional projects to gather information, perform analysis, and present results with informed recommendations.
• Help establish monthly, quarterly, and annual tops down financial targets for sales, margin, and other ROI metrics for multiple categories and channels (retail stores & eCommerce)
• Direct and oversee the monthly forecasting and annual budget process
• Form positive and close working relationship with Senior Executives in all functional areas
• Manage and drive continuous improvement around performance reporting for business teams and senior leadership
• Work with finance team and company leadership to provide direction relating to key performance indicators and business metrics used to manage the company
• Monitor and gather information on the pet industry and competitive activity. Provide oversight to analysis and information on the Pet Industry, competitive activity, and the impact to Petco’s performance.
• Support cross-functional teams with projects and needs as they arise
• Analyze and report on Petco and retail trends for all parts of the business, including sales, cost of sales, merchandise shrink, G&A, etc.

Education/Experience

• Bachelor’s degree in Finance, Accounting, or related field; MBA preferred
• Proven experience (typically 10+ years) in financial planning and analysis roles, with at least 5 years in a senior leadership capacity. Retail experience preferred
• Strong understanding of financial modeling, forecasting, and budgeting techniques
• Demonstrated ability to analyze complex financial data and present findings and recommendations to senior leadership
• Experience in strategic planning, scenario analysis, and business case development
• Excellent leadership and people management skills, with a track record of building and developing high-performing teams
• Advanced proficiency in financial software & systems and MS Office Suite, particularly Excel and PowerPoint
• Strong interpersonal and communication skills, with the ability to collaborate effectively across all levels of the organization