Director, Planning - Centric Brands

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.

Position Summary:

The Director of Planning is responsible for leading the financial, inventory and retail planning functions for multiple brands within the Lifestyle Group.  This role will be responsible for, in collaboration with Sales, critical thinking and execution of monthly financial forecasts and budgets by account, margin planning and managing inventory forecasts (pre-season and in-season).  This role will partner with Sales on reacting to retail sales results and using data to make informed future business decisions.  This individual will also collaborate with cross-functional partners in Production, Finance, Operations, and other Planning partners to ensure alignment and achieve business goals.  The ideal candidate will have a strong background in financial planning, retail planning, merchandise planning and inventory management.   This individual will help to foster a culture of collaboration, innovation, and excellence within the total Lifestyle planning team.

Responsibilities:

• Financial Planning & Analysis
  • Develop and execute financial budgets and forecasts for the division in collaboration with Sales and be capable of speaking to changes within the forecasts to budget and prior
  • Collaborate with Sales and Production and Merch Planning to own and build out margin by category and account for new brands, looking to maximize opportunities for margin growth
  • Update regular and ad hoc reporting and analysis to senior management or corporate
• Retail Planning
  • Monitor retail selling results and partner with Sales on strategies to capitalize on opportunities and find ways to mitigate risk
  • Partner with Demand Planning to make sure Retail Planning is aligned and utilizing forecasts in retail planning projections
  • Work with Planning counterparts and VP Planning to execute cohesive, streamlined, retail planning reporting and processes across Lifestyle platform
  • Partner with Sales to ensure we are prepared for market with OTB/zero out forecasts, bridge reports and necessary market presentations

• Lead the annual and seasonal planning processes, including assortment planning, inventory allocation, and sales forecasting
• Utilize data analytics and market insights to identify opportunities and risks, informing decision-making and driving continuous improvement

• Inventory Planning
  • Actualize, maintain and build out inventory OTB flows by category by season based on the current forecast and identify areas of opportunity or concern and remaining aware of weeks of supply
  • Prepare and manage inbound and outbound unit flow by location
  • Monitor where we have issues with our available open to buy and work with Production on finding ways to mitigate risk
  • Remain on top of excess ATS and partner with Sales on a sell-off strategy, making sure we are reflecting it in monthly estimates

• Bachelor’s degree in business, finance, or fashion related field
• Minimum 8-12 years of experience in retail or financial planning
• Strong analytical, financial, and problem-solving skills
• Excellent communication, presentation and collaboration skills
• Ability to work in a fast-paced and dynamic environment
• Proficient in Microsoft Excel
• Knowledge of SAP and Tillerman a plus

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: $138,000 - $150,000

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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