Senior Director, Merchandise Financial Planning & Analytics

Senior Director, Merchandise Financial Planning & Analytics

New York City, NY, United States

Full time Schedule

$206,400 - $343,290 Annually*

* based on job, location, and schedule

Macy’s is more than just a store. We’re a story. One that’s captured the hearts and minds of America for more than 160 years. A story about innovations and traditions…about inspiring stores and irresistible products…about the excitement of the Macy’s 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We’ve been part of memorable moments and milestones for countless customers and colleagues.

Those stories are part of what makes this such a special place to work.

The Senior Director, Merchandise Financial Planning & Analytics leads merchandise planning strategy, drives operational efficiency, and enhances financial performance across the organization. This leader oversees the end-to-end planning process, including setting planning targets, managing the financial planning system, developing and distributing ad hoc reporting tools, and advancing strategic financial initiatives focused on merchandise categories, inventory productivity, and gross margin optimization.

The Senior Director partners closely with merchandise planners, merchants, finance, supply chain, private brands, transformation teams, and technology partners to align planning strategies with enterprise objectives. This leader directs a high-performing team of directors to deliver actionable insights, improve forecast accuracy, and optimize inventory productivity and profitability through advanced analytics and predictive modeling.

• Translate annual corporate objectives into seasonal and FOB-level merchandise planning targets, identify risks and opportunities, and recommend actions to Planning leadership.
• Lead root cause analyses to uncover performance gaps and develop strategies that improve business outcomes.
• Define, monitor, and report key performance indicators (KPIs) in partnership with Corporate FP&A, Supply Chain Finance, and other cross-functional teams.
• Enhance forecasting capabilities through advanced analytics, including driver-based models, predictive analytics, and AI/ML solutions.
• Drive continuous improvement initiatives and partner with FP&A to develop standardized reporting and decision-support tools.
• Support Private Brands by leading long-range planning activities and establishing financial and operational performance targets.
• Lead, develop, and mentor a team responsible for delivering business value across:
• Financial performance analysis and actionable business insights
• Corporate ROF (Rate of Forecast) and plan submissions
• Daily sales planning and forecasting
• Anaplan administration, including training, user support, and enhancement prioritization
• Inventory productivity and gross margin optimization
• Strategic planning for Market and Private Brands
• Development and deployment of self-service reporting and analytics tools
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities.
• In addition to the essential duties mentioned above, other duties may be assigned.

Strategic Merchandise Planning
:
Proven ability to translate corporate objectives into merchandise planning targets and long-range strategies that support inventory productivity and margin optimization.

Advanced Financial and Data Analytics
:
Expertise in forecasting, financial modeling, and root cause analysis using tools such as Anaplan, AI/ML-driven models, and other analytics platforms to inform decision-making and performance improvement.

Operational Excellence
:
Demonstrated success in leading process improvements, standardizing reporting, and optimizing planning systems to drive efficiency and scalability across the organization.

Cross-Functional Collaboration
:
Strong ability to partner with Finance, Supply Chain, Merchandising, Private Brands, and Technology to align planning strategies with enterprise goals.

Leadership and Team Development
:
Experienced in managing and mentoring high-performing teams; able to…