Position Summary: 

Accountable for developing Annual Financial Plans on monthly basis at division level, forecasting business based on changes in strategies or business climate, and managing inventory to support updated forecasts, in order to meet or exceed the company’s target.

Primary Responsibilities/Accountabilities Of The Job 

Pre-Season Planning

• Responsible for developing Annual Financial Plans on a monthly basis in accordance with corporate goals, utilizing historical performance, trend analysis, and input from merchant partnership.  Utilize planning system and template to project sales, margin and inventory components for the quarter at the month level.
• Partner with merchant team on purchase plan by brand and category level.  Review receipts to ensure buy assortment ties back to financial goals.  Work with merchant team to present assortment and financial projections to senior management for final signoff.
• Coordinate among the team to leverage inventory between Direct Retail and E-Commerce.
• Prepare final fiscal plans at monthly or weekly department level for signoff from Director/ VP of IBP Planning/ Commercial Head/ Finance Head.

In-Season Planning

• Forecast margin and inventory at a division level on monthly basis.  Reforecast financial projection based on changes in business strategies, business climate and receipt flow.
• Partner with allocation team on monthly distro to ensure that flow of merchandise allocation supports the needs at division level.
• Meet with cross functional team to review business weekly and provide financial information at department level for the week, in order to review current business against projection, plan and last year actual.  Provide suggestions and make tactical adjustments based on current trends to drive business and manage inventory level.
• Simulate different scenarios to support changes in business strategies.  Assess risk of sales, margin and inventory position.

Experience: 2-5 Years of related experience

Education: Bachelor Degree Required

Knowledge/Skills Required :

• Strong analytical and problem solving skills.  
• Detail oriented with excellent organizational skills and a self-motivation.
• Knowledge of forecast/planning systems -  Retail/Demand Planning, Inventory management, Sales & Purchasing.  
• Strong computer skills including Excel and Word.  
• Proven written and verbal communication skills in Mandarin Chinese and English.