Sr Manager Finance - Merchandising - (Hybrid- Seattle, WA) at Nordstrom

Seattle, Washington, United States

Nordstrom Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
RetailIndustries

Requirements

  • Bachelor’s degree in finance or a similar field
  • 7+ years of progressive finance experience (retail finance preferred) with scope and accountability progression
  • 3+ years prior management and/or supervision experience; a team leader with a passion for teaching and coaching early and mid-career professionals
  • Ability to think strategically and communicate effectively with all levels of management, including the ability to coach others on the art of data-driven storytelling
  • Skilled at collaborating, comfortable dealing with ambiguity, able to influence across finance and merchandising teams
  • Demonstrated ability to effectively translate financial analysis and insights into meaningful and actionable business recommendations
  • Tableau, SQL and/or Power BI experience desired and proficiency in MS Office Suite (including advanced MS Excel); Anaplan or similar tool experience nice to have
  • Clear and effective written and verbal communication and strong interpersonal skills

Responsibilities

  • Create action plans with merchandising leadership for Nordstrom Product Group (NPG) to drive growth and profitability as well as deliver efficiencies
  • Partner on initiatives involving brand-owned inventory (e.g., concessions), deliver forecasting accuracy, actionable performance insights, and strategic recommendations that fuel profitability and growth
  • Lead expense management across the merchandising function, focused both on advising the business on long-term expense strategy as well as on near-term forecasting, close, and reporting
  • Partner with teams across Finance and Merchandising, providing financial support with a sharp focus on sales, margin, and inventory, while flexing styles for various audiences
  • Support the development of financial models, analytical and reporting tools, and ad hoc analysis/special projects
  • Drive process improvements and reporting standardization/simplification
  • Provide support, leadership, and coaching for team members

Skills

Financial Analysis
Strategic Planning
Forecasting
Expense Management
Inventory Management
Margin Analysis
Performance Insights
Merchandising Finance

Nordstrom

Retailer offering clothing and accessories

About Nordstrom

Nordstrom is a retail company that focuses on providing a wide range of clothing, shoes, and accessories for men, women, and children. The company operates department stores and an online platform where customers can shop for various brands and styles. Nordstrom emphasizes a strong customer service experience, encouraging employees to take initiative and develop their careers within the organization. Unlike many competitors, Nordstrom fosters a culture of leadership and personal growth among its staff, which contributes to a dedicated and motivated workforce. The company's goal is to create a positive shopping experience while also being committed to environmental sustainability and community support.

Seattle, WashingtonHeadquarters
N/AYear Founded
$16MTotal Funding
N/ACompany Stage
Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan

Risks

Increased competition from online retailers like Amazon may impact Nordstrom's market share.
Economic uncertainty could reduce consumer spending on luxury items, affecting sales.
Expansion into international markets exposes Nordstrom to geopolitical and currency risks.

Differentiation

Nordstrom emphasizes employee empowerment and career growth within the company.
The company is committed to environmental sustainability and community support.
Nordstrom's experiential retail approach includes pop-up shops and exclusive collaborations.

Upsides

Nordstrom Rack is expanding with new locations in West End and Lubbock by 2025.
The Nordy Club enhances customer savings and loyalty through exclusive benefits.
Strategic collaborations, like with DXL Big + Tall, expand Nordstrom's customer base.

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