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VP, Marketing Forecasting and Effectiveness

Macy's
New York City, United Statesfull_timeVerifiedPosted 15 Nov 2024

About the role

Job Overview:

VP, Marketing Forecasting & Effectiveness is responsible for driving marketing enablement, overseeing financial strategy, and leading process improvement initiatives within the marketing function. This leader ensures the effective utilization of resources through data-driven decision-making and optimization of marketing technology tools. The ideal candidate will have a strong analytical mindset, a strategic approach to planning, and the ability to advocate for and implement technological solutions to improve efficiency.

 

Essential Functions:

  • Financial Oversight and Strategic Planning: 
    • Responsible for the oversight of the total Marketing budget of $B
    • Lead and collaborate with cross-functional partners to forecast sales based on the media plan. 
    • Drive investment planning decisions that align with merchant strategies/plans and broader business objectives.
  • Marketing Enablement:
  • Lead media forecasting efforts, ensuring effectiveness and efficiency across all channels. 
  • Streamline processes to enhance marketing operations and team productivity.
  • Own the marketing technology, overseeing its optimization and functionality.
  • Analysis and Data: 
    • Analyze the effectiveness of marketing mix strategies, campaign/event expenses, and their ROI. 
    • Provide actionable insights and data-driven recommendations to enhance marketing performance and profitability.
  • Process Improvement and Technology Advocacy: 
    • Lead initiatives focused on process improvements and production optimization.
    • Serve as an advocate for marketing technology solutions, coordinating with necessary partners for software and hardware upgrades.
    • Ensure marketing operations are streamlined and supported by the latest technology advancements.
  • Leadership:
    • Build and lead a high-performing team of marketing executives 
    • Prove regular feedback, coaching and professional development opportunities 
    • Lead and manage change initiatives, ensure smooth transitions and providing the proper support to team members and cross-functional partners 
    • Cultivating a team culture of positivity, inclusivity and high employee engagement 

 

Qualifications:

Education/Experience: 

  • Bachelor’s Degree required; degree in Finance highly preferred.
  • Minimum 15+ years of related finance/and or marketing experience. 
  • Strong leadership skills; minimum 7 years managing a team. 
  • Experience handling multiple channels, plans, or vehicles. 
  • Understands the marketing landscape.

 

Communication Skills:  

  • Excellent communication skills. 
  • Strong interpersonal and communication skills. 
  • Ability to present strategies to Senior Management. 

 

Mathematical Skills: 

  • Basic math functions such as addition, subtraction, multiplication, and division skills. 

 

Reasoning Ability: 

  • Strong negotiating skills. 
  • Analytical reasoning skills. 
  • Ability to handle multiple projects and meet tight deadlines. 

 

Physical Demands: 

  • This position involves regular walking, standing, sitting for extended periods of time, hearing, and talking. 
  • May occasionally involve stooping, kneeling, or crouching. 
  • May involve close vision, color vision, depth perception, focus adjustment, and viewing computer monitor for extended periods of time. Involves manual dexterity for using keyboard, mouse, and other office equipment. 
  • May involve moving or lifting items under 10 pounds. 

 

Other Skills:  

  • Ability to interact with all levels in the organization. 
  • Ability to foster strong relationships with business partners. 
  • Proficient in Excel, PowerPoint, and Word. 
  • Ability

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Macy's

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