Sr. Manager - MFA, Owned Brands

The pay range is $95,000.00 - $171,000.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

A role in Financial Planning & Analysis means belonging to a great team of genuine, diverse, courageous and versatile people who put integrity and ethics at the heart of everything they do. Together, you’ll drive outstanding financial results by enabling and accelerating Target’s strategic execution. You’ll nurture influential partnerships with leaders who value your credibility, thanks to the quality and reliability of your insights. To teams across Target, you’ll bring your skills for analytical rigor, creative problem-solving and sound decision-making. You’ll be an active contributor to cross-functional teams. You’ll rise to the challenge of the dynamic retail industry, bringing innovative solutions that have a direct impact on financial and operational direction-setting, merchandising and capital investments and how to best use our resources. All of your good work will help elevate and maintain Target as one of the world’s most recognized and best-loved retail brands.

As a Sr Manager FP&A, you will investigate the potential impacts of strategic business initiatives and transactions. You’ll interpret financial and operational performance in order to identify business risks and opportunities. You’ll do this by creating financial tools to streamline decision-making, partnering with internal clients to develop long range goals, annual budgets and monthly forecasts. This role includes evaluating strategic initiatives or business opportunities while coordinating cross-functional reviews and supports both new and on-going initiatives. Finally, you’ll develop process improvements using strategic problem solving skills.

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs.  

Job Responsibilities:

• Become the centralized finance resource for Owned Brands support, supporting business needs while driving alignment across FP&A teams
• Establish and improve new and existing financial routines, including an Owned Brands P&L, monthly Owned Brands reporting, SG&A routines, LRP, and other reporting packages
• Create business cases for new business models and alternative revenue streams, such as wholesale and circularity
• Support key enterprise initiatives, including ways to shorten our product lifecycle
• Ad hoc analyses and capital support as needed

About You:

• Four-year degree in Accounting, Business, Economics, or Finance
• Four or more years Finance/Accounting/Audit or related Operations experience
• Experience working with spreadsheet applications (Microsoft Excel)
• Excellent analytical, decision-making, project management, planning and organization skills
• Outstanding communication and relationship-building skills
• Entrepreneurial spirit with strong initiative and willingness to take risks

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon