Sr Manager FP&A, Stores Finance at Target

Minneapolis, Minnesota, United States

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$92,000 – $166,000Compensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

RetailIndustries

Requirements

MBA or 4-year college degree
Excellent communication and presentation skills
Thrives in a dynamic environment
Combines strategic thinking with operational rigor
Accountable and agile to ever-changing business dynamics
Highly organized and process oriented

Responsibilities

Lead Core FP&A Routines: Drive the Actuals, Forecast, Annual Plan, and Long-Range Planning (LRP) processes for the Stores pyramid, ensuring accuracy, insight, and alignment with enterprise goals
Represent the Stores organization in enterprise-level financial review forums, using strong storytelling and analytical skills to clearly communicate expense drivers and business performance
Oversee capital planning routines for Store Operations, including governance, approval processes, and financial forecasts; strategically influence investment prioritization and deployment decisions
Proactively identify financial risks and opportunities, equipping Store leaders with actionable insights to guide trade-offs and strategic decisions
Analyze and interpret evolving business trends, using data-driven insights to enhance narratives and enable decision making
Craft and deliver the Stores Expense story to senior leaders across Target—clearly, concisely, and with a focus on what matters most

Skills

Key technologies and capabilities for this role

FP&AFinancial PlanningFinancial AnalysisAnalytical RigorProblem-SolvingDecision-MakingRetail FinanceBudgetingForecastingExcelFinancial Modeling

Questions & Answers

Common questions about this position

What is the pay range for the Sr Manager FP&A, Stores Finance role?

The pay range is $92,000.00 - $166,000.00. Pay is based on several factors including labor markets, education, work experience, and certifications.

What benefits does Target offer for this position?

Target offers comprehensive health benefits including medical, vision, dental, life insurance, 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What skills are needed for the Senior Manager FP&A role?

Key skills include analytical rigor, creative problem-solving, sound decision-making, strong storytelling, and the ability to communicate expense drivers and business performance clearly.

What is the company culture like at Target for this team?

The FP&A team consists of genuine, diverse, courageous, and versatile people who prioritize integrity and ethics, fostering influential partnerships and cross-functional collaboration in a dynamic retail environment.

Target

Retailer offering diverse consumer goods

About Target

Target Corporation is a retail company that offers a wide range of products, including clothing, electronics, home goods, and groceries, through nearly 2,000 stores and an online platform. Its "Design For All" philosophy allows it to provide high-quality, affordable products that cater to diverse customer needs. Target differentiates itself from competitors with its owned brands and the Target Circle loyalty program, which enhances customer engagement. The company's goal is to support sustainability and community initiatives by giving back 5% of its profits to local communities.

Minneapolis, MinnesotaHeadquarters

2005Year Founded

N/ACompany Stage

Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Sick Leave

Paid Holidays

Paid Vacation

401(k) Retirement Plan

Employee Discounts

Risks

Increased competition from online-only retailers like Amazon threatens Target's market share.

Rising labor costs due to new minimum wage laws could impact profit margins.

Supply chain vulnerabilities from geopolitical tensions may affect inventory and pricing strategies.

Differentiation

Target's 'Design For All' philosophy offers unique, high-quality products at affordable prices.

The Target Circle loyalty program enhances customer engagement and shopping experience.

Target's commitment to sustainability and community support sets it apart from competitors.

Upsides

Experiential retail and 'retailtainment' strategies can boost customer engagement and foot traffic.

Augmented reality integration offers immersive shopping experiences showcasing Target's unique designs.

Omnichannel retail strategies enhance customer experience by integrating online and offline shopping.

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