Financial Planning Analyst

Indochino - Vancouver, BC (30+ days ago)

Apply Now

Indochino is all about inspiring confidence that people admire and working here is to be a part of a growing and exciting made to measure experience. Since 2008 Indochino has been disrupting the retail scene, offering stylish, perfectly-fitting, personalised apparel on a mass scale and we are looking for someone amazing to join our team.

Are you looking for a company that will allow you to grow and develop your career? Do you want to be a part of something changing the retail scene? And are you driven to ensure accuracy? If yes to these then this could be the position for you. Although we do need you to bring your skillset, we also understand that you want to know what you’ll be getting from us; so let’s start there. By joining us as our Benefits & HR Coordinator, you’ll get the following benefits, along with a great salary:

Great benefits including Medical and Dental
Gym discounts with our selected providers
An awesome office with free drinks
3 weeks’ vacation on joining the company
A great team – the people here really are great

WHAT WILL YOU BE DOING?

The Financial Planning Analyst is a brand new and very exciting role. The candidate will have the opportunity to work closely alongside senior-level managers, add value, and make a significant impact on the company. The Financial Analyst will support Indochino’s retail & operations strategy by identifying the data driven insights and actions to support retail revenue opportunities, maximize efficiencies, & support cost saving opportunities. This person will work with multiple departments including Marketing, Operations, Customer Care, Ecommerce to ensure optimal store performance.

RESPONSIBILITIES:
Establish and monitor yearly store sales plans, breaking them into realistic, monthly, weekly, daily sales goals
Reconcile Shipping and Production invoices to Indochino’s data warehouse and provide detailed reporting by showrooms, etc.
Ensure Production Costs are inline with business agreements
Reconcile inventory levels on a monthly basis
Identify opportunities of automation to improve processes across the business
Designing effective conversion-driving, strategies to optimize margins
Run daily, weekly, monthly analyses, using Indochino data warehouse to translate business operational metrics to quantifiable measures and actionable items, to improve cost efficiencies
Produce monthly P&L forecast and actuals, controlling for bottom line costs, and communicating actionable items to Leadership Team
Maintain the unit cost tables and analyse margins per item and category
Preparation of various analytical reports as necessary including, alteration and remake rates, and customer loyalty
Work with various stakeholders to identify opportunities to reduce costs
Daily vendor communication, management and reconciliation (DHL, Fed Ex, NSO Coordination, Dominion/Duty Draw Backs).
Review and approve DHL and FedEx costs weekly/bi-weekly providing reports to finance to ensure shipping costs are in line with company forecast
Manage internal logistics queries and escalations
Work with our internal Tax function to optimize our remake and sample process
Build daily and weekly SLT reports as required
Update/add all harmonized codes (HTS) for INDOCHINO products to ensure products are accurately coded and pass through customs without any issues
Review/build China operations calendar and schedules
Other projects as required

REQUIREMENTS:
Advanced Excel skills – compiling and tracking data with the ability to drive insights from Data
Solid analytical and problem-solving skills with ability to analyze complex data
Experience with data visualization tools a plus (Power BI)
Experience with R Script a plus
Relevant experience in retail and/or apparel industry a definite asset
Demonstrated ability to communicate effectively with cross functional teams as well as members within different levels of the organization
Sense of urgency and passion for driving results, and proven results-orientation
Out-of-the-box thinker and problem solver with a resourcefulness and can-do attitude
Strong organizational skills and attention to detail, with a demonstrated ability to work independently, lead multiple projects, prioritize, and manage a high-volume of tasks, deadlines, requirements, and decisions
Ability to develop and execute multiple priorities and approaches to meet objectives
An entrepreneurial mindset and a roll-up-the-sleeves work ethic - must be comfortable with ambiguity and rapid rates of change
Bachelor’s degree, preferably in Business, Marketing, Statistics or related subjects
Exceptional written and verbal communication skills