Manager, Merchandise Financial Planning (Lifestyle Brands)
Centric Brands
New York, New York
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 our customers and our 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.
Specific Responsibilities Would Include:The Merchandise Financial Planning Manager will be an active partner in managing the life cycle in brands in our Men’s and Women’s wholesale business. This individual must be a self-starter and team player who takes initiative, thrives in a fast-paced environment, and is excited about joining a team on a journey to accelerate transformation across Centric Brands. This position will report to the Sr. Manager, Merchandise Financial Planning, as well as collaborating with Sales, Planning, Production and Merchandising to proactively manage the business and achieve our financial goals.
Key Responsibilities
Seasonal Demand Forecasting
- Assist in developing high-level monthly forecasts to inform early fabric commitments, assortment direction, and capacity planning
- Manage and adhere to calendar milestones for priority programs and key fabric initiatives
- Own and drive process alignment across cross-functional teams to ensure forecast accuracy and timely execution
Margin Planning
- Monitor cost updates and seasonal trends to proactively identify margin risk
- Partner with cross‑functional teams to align financial targets with product strategy and overall business objectives
- Analyze customer markups and dilutions to accurately determine EBIT by program to understand profitability before sell-in
- Follow up on late adds and final cost updates after orders are submitted
- Review margin files weekly with manager to identify and identify and mitigate risks to budget
Pricing by Item
- Assign sell prices and MSRPs to each program based on historical performance and internal margin targets
- Develop, maintain, and populate pricing lists for sales pre‑market
- Partner with overseas teams to ensure accurate and timely pricing setup in systems
Other
- Partner with Retail Planning and Sales to build and maintain a rolling 14‑month sales/order management files by account and assist in analyzing the data
- Data management – Assist in identifying and correcting master data issues in the system
- Ad hoc reporting and requests as needed to support the business
- At least 5-7 years of experience in merchandise planning and/or retail financial planning
- Advanced Excel proficiency (Manage complex spreadsheets, use Vlookups, pivot tables, etc.)
- Strong analytical skills with high attention to detail
- Strong understanding of retail math, including sales, gross margin, markup and markdown rates
- Ability to present materials in a clear and compelling manner
- Excellent communication skills with the ability to work effectively in a team environment
- Ability to interpret data, draw conclusions and make recommendations
- Capable of independently problem solving in a fast paced environment
- Motivated and capable of prioritizing workload to meet changing priorities
- Comfortable working with standardized recaps and reporting formats, but also capable of creating ad-hoc reporting as needed to clearly present business information
- Knowledge of SAP and/or IBT a plus
- Bachelor’s degree
In return, 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 though workshops, resources and inspiring conversation.
Salary Range: $95,200 - $120,000
At Centric Brands, we believe our people are our greatest asset, and we seek to structure competitive compensation offers to ensure that we are able to attract and retain the best talent. Our job postings include an annual base salary range at the time of employment. The stated base salary range represents our good faith estimate as to what candidates are likely to expect, and we tailor our offers within the range based on several factors, including the selected candidate's educational and professional experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the selection process. Base salary is a part of a total compensation package, which, depending on the position, may also include commission earnings, annual bonus and other Centric Brands sponsored benefit programs.
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Centric Brands is an Equal Opportunity Employer
Please note that Centric Brands will only reach out to interview, make an offer of employment or conduct onboarding activities for candidates who have applied through our careers site. When interviewing for a position, the candidate experience will include live interaction, such as a video conference or telephone call, with a Recruiter and/or company employee(s). We will never ask for any money or payments from applicants at any point in the recruitment process. Be aware of suspicious recruitment activity. If you think you are a victim of an employment scam, you may contact your local law enforcement agency and/or visit the Federal Trade Commission website here: https://consumer.ftc.gov/articles/job-scams.
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