Associate Merchandise Planner, Jewelry

Saks OFF 5TH is the premier online luxury off-price destination. Through its website and app, Saks OFF 5TH provides a compelling assortment of brands to fashion-seeking customers at the best prices. The company is reimagining traditional off-price with a digitally-native model focused on customer experience.

What This Position Is All About:

The Associate Digital Planner is accountable for achieving Omni Channel sales, profit and inventory turnover objectives for their merchandise departments through effective in-season and pre-season financial planning. A key part of the role will be the planning and forecasting of inventory by channel to maximize turn and support the company’s financial targets. The Assistant Financial Planner, Corporate Planning (Digital) partners closely with the Merchant Planning teams and is accountable for developing financial plans, projections and strategies to maximize opportunities and minimize risks. This is a unique opportunity to work in a fast-paced environment, drive merchant processes and lead for results through collaboration, effective communication and development of others.

Who Are You:

• Action-oriented: Not fearful of acting with a minimum of planning. Seizes opportunities more than others. Armed with enough information to make good business decisions quickly.

• Embracing Ambiguity: Shifts gears comfortably. Can decide and act without having the total picture. Comfortable handling risk and uncertainty.

• Strategic Agility: Sees ahead clearly. Can anticipate future consequences and outcomes accurately• Decision Making: Makes decisions in a timely manner, sometimes with incomplete information and under tight deadlines and pressure

• Perseverance: Able to push through to closure, even with business challenges or setbacks. Motivates team to maintain focus.

• Interpersonal Savvy: Able to influence internal parties. Navigates healthy push/pull with partners (maintain financial discipline and still have flexibility).

• Learning on the fly: Able to learn quickly and be open to change. Able to grasp the underlying issue and path to resolution, especially in problem solving. Able to develop own resources. Balances analysis vs gut.

• Time management/priority: Uses time effectively and efficiently. Able to shift priorities as needed and manage multiple competing priorities at the same time. Can attend to a broad scope of activities.

• Career ambition/Self-development: Strong knowledge of self. Able to articulate and utilize strengths, while creating a plan to develop areas of opportunity. Able to size up situations and flex personal style as needed.

• Curious/Challenges Status Quo: Able to "fail fast, fail cheap". Creative problem solver.• Able to operate with speed: Enjoys fast pace. Focused on completion.

• Effective Leadership: Able to provide quick and clear direction to team with defined priorities. Empowers direct reports. Able to lead teams through ambiguity and change.

You Also Have:

• 3-5 years Planning experience, Bachelor’s Degree.• Advanced computer skills in Excel required (v-lookups, pivot tables, complex formulas, etc.)

• Strong analytical skill set

• Strong ability to influence

• Entrepreneurial mindset and fast learner

As The Assistant Digital Planner, you will:

Business Acumen:

• Assists in creating a strategic vision for the business/has broad view of how business works. Uses data to make prudent and effective business decisions. Knowledgeable in key policies, processes, trends, practices. Anticipates business changes and responds quickly and judiciously.

• Drives in-season opportunities and makes business recommendations at department level. Accountable for sales and stock by channel.

• Owns Open to Buy forecasts including sales, gross margin, receipts and inventory on-hand.

• Develop, consolidate and communicate a comprehensive pre-season planning strategy that identifies opportunities and risks at the store/channel level.

• Develops sales and margin plans by location.

• Develops daily sales plan and forecast.

• Determines and forecasts monthly markdown budgets to maximize lifecycle of the product. Runs analysis of profitability of upcoming promotions.

• Effectively communicates with the Assortment and Buying team.

• Business Driver: Acts as an owner/operator. Reacts quickly to business opportunities and takes calculated risks. Demonstrates business agility focused on in-season strategies and processes. Comfortable with ambiguity and able to make effective business decisions.• Analytical: Able to synthesize data from all aspects of the business and multiple data points to quickly size risks and opportunities.

Business Pulse:

• Has a strong sense of current business at any given moment and knows how to change game plan.

• Monitors the speed of buying compared to liquidity targets• Understands nuances of Brick-and-Mortar vs Digital business and needs of each.

Strong Negotiator:

• Can be assertive as well as diplomatic. Knows the competition and uses market knowledge. Supports merchant negotiation with financial data and modeling.• Opportunistic and creative mindset: Knows how to drive opportunities.

Build Partnerships:

• Partner with Store Ops to identify growth opportunities and build sales plan by location.

• Work with marketing team on promotions/event forecasts and profitability.

• Works with Buying team on pre-season financial plans and in-season open-to-buy process forecast

Your Life and Career at Saks OFF 5TH:

Be part of an empowered, innovative team; work with an adventurous spirit and a customer-centric mindset; play a critical role in making decisions that will position us to win

Exposure to rewarding career advancement opportunities across different functions within our corporate offices, retail stores, photo studios, and distribution centers

A culture that promotes a flexible work environment

Benefits package for all eligible full-time employees (including medical, dental and vision)

An amazing employee discount and other exciting perks

The pay range for this position at commencement of employment is expected to be between $70,000.00 and $78,000.00/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.The total compensation package for this position may also include other elements, including a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits), dependent on the position offered. Details of participation in these benefit plans will be provided if a candidate receives an offer of employment.If you are a California resident, click HERE to review our California Candidate Privacy Policy

Thank you for your interest with Saks OFF 5TH. We look forward to reviewing your application.

We believe that our differences not only make us stronger, but also guide our evolution and future growth. All associates are expected to create an inclusive environment free from harassment, discrimination, and bullying.Together, we celebrate, advocate for, and learn from our colleagues, customers and communities to create the best environment to shop and work for all.