Merchandise Financial Planner; FTC

Merchandise Financial Planner

Contract:

12 month fixed-term contract

Location:

Flexible hybrid working style with three days in the London office

The MFP team owns the local MFP & OTB process for the business. The Merchandise financial planning specialist is the main contributor to the Global Buy Reviews and Open-To-Buys meeting of the cluster.

This person is responsible for managing the planning processes to improve the MFP & OTB methods to secure forecast accuracy and achieve optimization of sales and stock efficiency.

The role translates global strategy into actionable local items related to inventory and targets for stock and sell-in. The successful candidate feels comfortable in being the main point of contact for knowledge of OTB strategy execution and constantly review and keep up to date Open-to-Buy plans. The role requires attention to detail, care and passion for product together with adherence to seasonal calendar dates and solution-driven approach through critical thinking and creativity.

Pandora is the world's largest jewellery brand, specialising in the design, crafting and marketing of accessible luxury jewellery made from high-quality materials. Each piece is created to inspire self-expression, allowing people to share their stories and passions through meaningful jewellery. Pandora jewellery is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 37,000 people worldwide and crafts its jewellery using only recycled silver and gold. Pandora is committed to leadership in sustainability and has set out to halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 31.7 billion (EUR 4.2 billion) in 2024.

Our global team of over 33,000 passionate individuals helped Pandora achieve record earnings in 2023, driven by a new long-term growth strategy. This rapid progress has fostered an ambitious and empowering culture.

As we grow, we continue to invest in our talent. We're seeking people who share our values and can help us realise our ambitions.

• Own the financial and qualitative merchandise plans by channel.
• Translate global merchandising strategies to local seasonal financial objectives;
• Identify local areas of potential and unexplored opportunities to maximise sales, make stock turn efficient and enhance positive margin trends.
• Keep up to date OTB plans and review monthly with Global team.
• Weekly review to monitor merchandise OTB plan vs last estimate financial expectations.
• Key stakeholder in communicating key dates of promotional plan to Global MFP/OTB team.
• Prepare analysis and files for cross functional meetings with finance team to ensure right visibility and knowledge of the merchandising strategy and OTB plans.

• Collaborate with local finance in the budget setting and reviewing to secure Merchandising's bottom up forecast is considered in the final budget targets.

• Responsible for reviewing and updating the Open-to-Buy plans.
• Cross functionally align with finance and Senior leadership to set stock and DP targets aligned with sales expectations.
• Lead the cluster Global Buy Review and review investment strategies relative to local Forecast, Insights, and current sales trends.
• Communicate all merchandise plan data to Global MFP.

• Monitor and analyze financial performance, suggesting actions to achieve sales and profitability targets.

• Make analysis on current inventory trends in the cluster and identify possible actions for the next 12 months to optimize KPIs.
• Prepare and present weekly/monthly reports detailing all channel performance and actions.

• Tight collaboration with Global merchandising for the implementation of financial strategy.
• Work closely with cluster finance and sales department to understand potential of expansion of collection/category, change in the network to plan accordingly.