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Petco

Retail pet supplies, grooming, veterinary care

Lead Merchandise Financial Planner - Home & Away

Inventory ManagementConfirmed live in the last 24 hours
Full-timeUnited StatesNo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Finance, Economics, Business, Merchandising, Supply Chain, or a related quantitative field is required.
  • Five to eight or more years of experience in merchandise financial planning, retail financial planning, or inventory finance within an omnichannel specialty retail environment is required.
  • Demonstrated success directing workload, reviewing deliverables, and mentoring junior analysts is required; formal management experience is not required.
  • Expert proficiency in enterprise planning engines, Profit Mind or a comparable artificial-intelligence pricing or elasticity platform, SQL, and advanced financial modeling is required.

Responsibilities

  • Personally build 52-week multi-channel merchandise financial plans for the highest-complexity categories, including sales and sales percentage, inventory turns, receipt phasing, and gross margin return on investment.
  • Own high-volatility sensitivity and scenario models for cost shocks, elasticity shifts, and promotional depth to inform executive commitments.
  • Directly control category open-to-buy budgets, authorize receipt releases, mid-month freezes, and capital redeployment decisions.
  • Reconcile receipt flow against Inventory Management's physical purchase-order timing to protect working capital.
  • Configure margin floors, price-ladder guardrails, and elasticity boundaries in Profit Mind.
  • Model promotional return on investment, cross-elasticity, and cannibalization; set terminal-clearance reserve budgets and liquidation cadences.
  • Set option-count, sales-per-linear-foot, and gross margin return on investment hurdles ahead of merchant line reviews.
  • Lead commercial gap-closing actions when unconstrained demand falls short of the financial plan.
  • Assign, sequence, and prioritize pre-season builds, in-season reforecasts, and open-to-buy maintenance across a pod of two to four planners against the monthly and quarterly planning calendar.
  • Prepare and run the pod's inputs into Weekly Business Reviews, Monthly Open-to-Buy Reviews, and Consensus Sales and Operations Planning; ensure deliverables are accurate and on time.
  • Define and enforce standards for plan hierarchy integrity, formula governance, version control, and reconciliation discipline across pod-produced models.
  • Serve as the first escalation point for plan discrepancies, open-to-buy variances, and cross-functional friction before manager involvement.
  • Conduct mandatory financial, pricing, markdown, and open-to-buy reviews for pod members to maintain financial accuracy, margin integrity, and plan sustainability.
  • Lead one-on-one sessions focused on financial problem-solving, modeling skill advancement, and adoption of Profit Mind and planning-engine best practices for junior and mid-level planners.
  • Onboard new planning partners and foster a collaborative, continuous-learning pod culture grounded in data-backed decision-making.

About the Company

Petco

Retail pet supplies, grooming, veterinary care

Petco is a comprehensive retailer in pet care, offering a broad range of products and services for pet owners through both online and physical stores. It sells pet supplies and also provides grooming, training, and veterinary care, with additional subscription-based delivery services. Revenue comes from product sales, service fees, and loyalty program memberships (Pals Rewards). The company differentiates itself by delivering a one-stop experience that combines retail, services, and a rewards program, supported by an omnichannel presence. Its goal is to be a trusted, convenient partner for pet owners by providing convenient access to quality products and essential pet care services while building lasting customer relationships through rewards.

Company size
10,001+
Company stage
IPO
Headquarters
San Diego, CA
Founded
1965

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