VP, Product Management - Commercial Systems

At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 27,000 associates who work at Five Below and they’ll tell you there’s no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.

It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!

BRAND DESCRIPTION:

At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 20,000 associates who work at Five Below and they’ll tell you there’s no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.

It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!

POSITION SUMMARY

The VP, Product – Commercial Systems is a senior IT and business leader accountable for driving product-led value delivery across Five Below’s Stores, Digital (ecommerce and Omni) and Merchandizing Planning and Allocation (MP&A) domains. This role ensures customer- and crew-facing technology delivers differentiated experiences, improves productivity, and directly supports revenue growth and store performance.

This leader owns the end-to-end product strategy, roadmap, and outcomes for their domains, serving as the single-threaded executive accountable for value realization—from idea through adoption and ongoing optimization. The role partners deeply with business executives, Engineering, Operations, Security, and Finance to ensure solutions are scalable, secure, cost-effective, and outcome-driven.

This leader as well owns the vision, strategy, and outcomes for the company’s most visible and revenue-impacting products, ensuring seamless integration across physical and digital experiences while maintaining scalability, reliability, and cost discipline.

KEY DEPARTMENTAL RESPONSIBILITIES

Product Strategy & Customer-Centric Delivery

• Define and execute product vision, strategy, and roadmaps aligned to the LRP across Stores, Digital, and MP&A.
• Establish clear outcome-based goals tied to revenue growth, conversion, basket size, store productivity, and customer experience.
• Champion customer- and crew-centric design, ensuring intuitive, reliable, and scalable experiences across all channels.
• Own value realization, ensuring products deliver measurable benefits—not just features or project milestones.
• Balance near-term business wins with long-term platform scalability, resilience, and total cost of ownership.

Domain Ownership

• Stores: Product leadership for POS, store systems, labor optimization, checkout evolution, and in-store experience platforms.
• Digital: End-to-end ownership of eCommerce, mobile, omnichannel, fulfillment, and customer engagement platforms.
• Merchandising Planning & Allocation: Product strategy for assortment planning, pricing, allocation, and planning analytics.

Product Lifecycle & Operating Model

• Own discovery, prioritization, roadmap planning, delivery, launch, adoption, and ongoing optimization.
• Balance transformational initiatives with continuous improvement using an “IT of Two Speeds” delivery model.
• Partner closely with Engineering to ensure solutions are scalable, resilient, secure, and peak-ready.

Stakeholder & Executive Engagement

• Act as the primary product partner to senior business leaders across Stores, Digital and MP&A.
• Lead Quarterly Domain Board reviews and recurring Strategy & Execution Progress (SEP) reviews.
• Communicate product strategy, trade-offs, progress, risks, and outcomes to the CIO, IT Leadership Team, and First Team.

Financial & Portfolio Management

• Own product investment planning, budgets, and forecasts for assigned domains.
• Prioritize work based on ROI, business impact, and capacity, ensuring disciplined spend and transparency.
• Tra