Mining Jobs Bank, Most Mines Employment Hunt Work, Sr Merchandise Analyst

Company
The Home Depot

Job Location
Atlanta, GA

Position Type
N/A

Pay Type
Salaried

Pay Rate
N/A

Categories
General Merchandise
Home & Office




About the Company
We are the world's largest home improvement specialty retailer with stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, 10 Canadian provinces, Mexico and China.

The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank. Along with investment banker Ken Langone and merchandising guru Pat Farrah, the founders’ vision of one-stop shopping for the do-it-yourselfer came to fruition when they opened the first two Home Depot stores on June 22, 1979, in Atlanta, Georgia. The first stores, at around 60,000 square feet each, were cavernous warehouses that dwarfed the competition and stocked 25,000 SKUs, much more than the average hardware store at that time. Empty boxes piled high on the shelves gave the illusion of even more product.

From the start, associates were able to offer the best customer service in the industry, guiding customers through projects such as laying tile, changing a fill valve or handling a power tool. Not only did store associates undergo rigorous product knowledge training, but they also began offering clinics so customers could learn how to do it themselves. The Home Depot revolutionized the home improvement industry by bringing the know-how and the tools to the consumer and by saving them money.

According to Bernie and Arthur, the customer has a bill of rights at The Home Depot, and this entitles the customer to the right assortment, quantities and price, along with trained associates on the sales floor who want to take care of customers. Their philosophy of customer service – “whatever it takes” – means cultivating a relationship with customers rather than merely completing a transaction. As Bernie says in Built from Scratch, “At the end of the day, we’re in the people business.”

Job Description
Date Posted: Mar 26, 2010

Functional Area: Merchandising

Travel: 0-25%

Relocation Provided: No


POSITION PURPOSE
Provide financial decision support for Merchandising. Any significant Merchandising decision requires financial screening to understand whether the decision is accretive or dilutive to earnings. This decision support requires knowledge of systems, finance, retail accounting and the merchandising category under review. The knowledge of systems is required to mine data and create spreadsheets to support analysis of the decision. The knowledge of finance is required to understand which financial elements should be reviewed and their impact to earnings. Retail accounting is the method used to calculate gross margin for Home Depot. This knowledge is required to accurately value the financial elements impacting earnings. The knowledge of the merchandising category is required to communicate with the Merchants in order to understand the approach for financial analysis. This individual should be the MVP's partner in making decisions with a financial impact. Contributes expertise across all functional business units.MAJOR TASKS, RESPONSIBILITIES AND KEY ACCOUNTABILITIES
# Mining data for all analysis
# Creating financial spreadsheets for ad hoc analysis
# Preparing analysis and presentations to support stat meeting reviews
# SOAR and Financial Planning for the department
# Supporting vendor negotiations and Product Line Reviews
# Weekly IMU and markdown management
# Interfacing with Merchants
# Special projectsNATURE AND SCOPE
# Typically reports to Sr Manager or Director.
# This position has no direct reports.ENVIRONMENTAL JOB REQUIREMENTS
# Typically requires overnight travel less than 10% of the time.

Job Requirements
MINIMUM QUALIFICATIONS
# Must be eighteen years of age
# Must pass the Drug Test
# Must pass the Background Check
# Must pass pre-employment tests if applicableEDUCATION REQUIRED
# The knowledge, skills and abilities typically acquired through the completion of a bachelor’s degree program or equivalent degree in a field of study related to the job.YEARS OF RELEVANT WORK EXPERIENCE - 3
PHYSICAL JOB REQUIREMENTS
# Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.KNOWLEDGE, SKILLS, ABILITIES AND COMPETENCIES
# Advanced computer skills required to manipulate data and report information
# Financial analysis skills
# Retail accounting knowledge
# Presentation skills
# Merchandising/Product knowledge
# Ability to understand Merchandising and influence decisions