FP&A Manager Retail Business

The FP&A Manager will be responsible for the financial planning, forecasting, and analysis function, ensuring the company achieves its financial objectives. This role requires a deep understanding of retail industry dynamics, including revenue drivers, inventory management, operational costs, and consumer behavior. The successful candidate will play a key role in supporting strategic decision-making and optimizing the companys financial performance.

Essential Duties and Responsibilities:

Financial Planning and Strategy:

1. Develop and manage the annual budgeting process, quarterly forecasts, and long-term financial planning.
2. Provide insights and recommendations on sales performance, operating costs, and profitability.
3. Partner with senior management to align financial goals with business objectives and operational strategies.

Retail-Specific Analysis and Reporting:

1. Analyze store-level and regional financial performance, identifying trends, risks, and opportunities.
2. Monitor key retail metrics, such as same-store sales, gross margins, inventory turnover, and labor costs.
3. Develop financial dashboards and KPIs to track performance and provide actionable insights.
4. Conduct pricing, promotional, and margin analysis to improve revenue and profitability.

Cost Control and Operational Efficiency:

1. Identify areas for cost optimization across supply chain, inventory management, and store operations.
2. Evaluate capital expenditure projects, including store expansions, remodels, and technology investments.
3. Collaborate with the procurement and merchandising teams to manage cost structures and margins effectively.

Scenario Analysis and Decision Support:

1. Perform scenario planning to evaluate the impact of market trends, competition, and economic conditions.
2. Support the launch of new products, services, or stores by providing robust financial models and risk assessments.
3. Assist in strategic partnerships by conducting financial modeling.

Requirements and Skills:

1. Bachelor degree in finance, Accounting, Business Administration, or a related field.
2. Advanced degree (MBA or masters in finance) or professional certification (CPA, CFA, FMVA) is preferred.
3. 710 years of progressive experience in financial planning and analysis, with at least 35 years in a retail-specific role.
4. Proven track record of delivering insights and strategies that drive profitability in a retail environment.
5. Hands-on experience with inventory management, sales forecasting, and operational cost control in retail.
6. Advanced proficiency in financial modeling and data analysis tools (Power BI, SAC, . etc.).
7. Exceptional analytical and problem-solving skills.
8. Excellent communication and presentation skills, with the ability to explain financial data to non-financial stakeholders.
9. Strategic mindset and ability to handle ambiguity in a fast-paced environment.