Retail Analyst - Financial Analysis/Budgeting/Forecasting

Attributes : Analytical blend of mind, handy with nos., ability zoom in and zoom out about the bigger picture and objective at hand, experience about latest trends in retail, online and analytics would be preferred.

Reports to COO, who is also responsible for Retail Ops

Role & Responsibilities :

Overall :

- Evaluate financial implications of all brand decisions and advise the Business Head accordingly. Support the brand's day to day requirements in terms of data analysis and decision making support

- Work closely with finance team for their data and analysis requirements pertaining to the Brand(s) being handled

Pre-evaluation & Budgeting :

- Analyze each item in the budget against historical trends and gather inputs from all departments to arrive at the initial estimates / forecast

- Prepare the budget including estimates for sales, costs, investments, cash-flow, etc.

- Analyze budget vs. actual to provide variance analysis and revised estimates

Brand Performance analysis :

- Monitor business numbers across channels : Assess each door's performance vis-a-vis costs; Identify opportunities to reduce costs and ensure it is maintained within pre-determined percentage of sales

- Analyze all expenses and ensure controls are in place to ensure profitability; Drive the action plan to take corrective measures as required

Financial Analysis & Feasibility Studies :

- Evaluate new projects and initiatives ranging from routine schemes & promotions to larger inorganic growth plans

- Evaluate store feasibility based on study of own stores and competition - consolidate inputs from various stakeholders to estimate future sales potential and arrive at 5 year projections of profitability and cash flow. Advise the business on the viability of the store.

- Track all activities in new stores and analyze the variance against estimates and assumptions made during the feasibility study. Where profitability projections are not achieved, facilitate store closure decisions, if required, by assessing potential loss against investments made. Use the analysis to feed back into future feasibility studies.

- Ensure control of inwards for the season. Work with SCM team in monitoring stock levels and ensuring inventory control.