Senior Manager, Merchandise Financial Planning (UA Kids)

About the role

Centric Brands is a leading lifestyle brand collective that designs, sources, markets, and sells high-quality products in multiple segments, including women’s, men’s, and kid’s apparel, accessories, entertainment, and beauty. Centric Brands is focused on its customers and its brands that will drive the company’s future growth. We are defined by innovation as we seize new opportunities and thrive in an environment informed by creativity and thinking that is both analytical and outside the box. Centric Brands reflects a team built on respect, for others and for the hard work it takes to achieve our goals and build our bright future together.

Responsibilities

• Create and distribute weekly reports and visualizations on sales and inventory performance, including style selling, by door and category performance recaps.
• Engage regularly with account teams to understand and influence open-to-buy (OTB) forecasts, identifying category opportunities and risks, and making promotional recommendations.
• Lead discussions on business drivers, delivery performance, and promotions with Sales partners on a weekly basis.
• Utilize historical data and current trends to develop actionable plans and build consensus on strategies.
• Support the market process by preparing projections with an updated business review including challenge and opportunity bullets.
• Create assortment targets by account in alignment with the Merchandise Planning responsibilities of the role.
• Actualize fashion buy placements by class vs LY.
• Manage financial flows to understand sales, stock, and markdown positions and to monitor vendor allowances to uphold pre-set or in-season agreements.
• Deliver receipt proposals to drive sales for contingency or stretch plans, build and execute category ladder plans to illustrate product and business needs.
• Create seasonal hindsight reports and be prepared to discuss findings and future recommendations.
• Maintain vendor allowances to uphold pre-set or in-season agreements.
• Conduct ad-hoc projects in response to business needs.
• Partner with cross-functional teams to analyze historical performance and identify needs for new product introductions to achieve targets.
• Develop merchandise financial SKU plans that help drive product line development and meet financial objectives.
• Set seasonal sales and margin goals, reconciling forecasts from both top-down and bottom-up perspectives before finalization.
• Participate in product reviews with sales, merchandising, and design teams to ensure alignment with detailed plans.
• Secure management consensus on assortment buy-levels and margins for final buy approval.
• Collaborate with the sales team to create annual budgets by account for revenue and margin, flowed by month.
• Monitor actual performance against forecasts, making monthly adjustments to key financial metrics based on sales insights and order updates.
• Clearly communicate variances, providing supporting details, versus budget and previous projection, also noting opportunities and risks.
• Ensure alignment between sales and buy levels at all checkpoints.

Qualifications

• Advanced Excel skills with the ability to process large datasets to derive insights.
• Knowledge of ERP and database systems.
• Strong analytical and problem-solving skills.
• Excellent communication, collaboration, and interpersonal skills to effectively engage with cross-functional teams and management.
• 8-10 years of experience in retail planning, inventory management, or related roles.

Benefits

At Centric Brands, we provide an industry-competitive salary, along with a comprehensive benefits plan (medical, dental, vision) that includes a matching 401(k), Summer Fridays, generous PTO, merchandise discounts, excellent career development opportunities, and a work environment that reflects our industry leadership. Our social impact program, Centric Cares, focuses on volunteerism to make a difference in communities we live and work in, and our D&I committee is shaping the future of diversity, equity, and inclusion at Centric Brands through workshops, resources, and inspiring conversation.

Pay

Salary Range: $140,000-150,000

Schedule

Not specified