Jewelry Television - Senior Director of Inventory Management and Analysis

Responsibilities:

Oversee translation of category of business plans into Show Goals to provide direction on required financial performance by Show. Partner with the Broadcast Execution Teams to discuss inventory needs for live television programs, ensuring inventory is aligned with Broadcast schedule. Partner with Show Planning to assist in managing low generator items in order to sell thru on the Website.
• Accounting and Finance Teams: Collaborate closely with Accounting and Finance Teams on inventory valuation, reserve calculations, shrinkage analysis, and budgeting. This includes modeling the financial impact of various inventory investments and liquidation scenarios.

3. Research and Modeling
• Inventory Forecasting: Create and maintain a high-level Sales, Gross Margin, Inventory and Receipt model for the Fiscal Year, separated by Owned and Consigned segments.
• Profitability Analysis: Review profitability and turn by brand, category, and/or vendor, as needed to support buying and programming decisions.
• Process Improvement: Identify and champion opportunities to improve reporting and analytical tools related to inventory management and exception reporting with actional callouts.
Responsibilities
The nature of this senior role involves a balance of immediate issue resolution, ongoing analysis, and a keen focus on strategic development:
• Inventory Health Monitoring: Review daily sales and inventory reports, particularly to assist planners and buyers on for high-value/high-velocity category opportunities or risks.
• Buyer Consultation: Conduct informal or scheduled meetings with Merchandising Buyers to discuss inventory health opportunities and risks.
• Ad-Hoc Analysis: Field and prioritize analytical requests from Merchants and Broadcast Show Planners regarding inventory readiness or performance.
• Data Integrity Check: Oversee and validate key inputs into sales models to ensure data accuracy before it informs decisions.
• Executive Inventory Briefing: Prepare and finalize the weekly inventory performance recap for the Executive Team, focusing on Receipts, COGS, and Inventory Aging and Turns and summarizing key strategic recommendations.
• Open-to-Buy (OTB): Lead the OTB planning process, providing analytical support to create receipt plans 3-4 months out. Manage preowned inventory levels.
• Financial Reconciliation: Meet with Finance, Accounting and Operations partners as needed to review inventory aging reports, assess markdown reserves, and discuss other liquidation opportunities.

Required Qualifications:

• Experience: 10+ years of progressive experience in Merchandising, Inventory Planning, and/or Business Analysis, with at least 5 years in a leadership/Director-level role focused on inventory and financial management.

• Industry Focus: Proven experience working in a Retail environment that includes E-commerce and/or Broadcast/Live Selling. Experience with jewelry, gemstones, or luxury goods is preferred but not required.

• Financial Acumen: Deep understanding of retail math, inventory valuation methodologies, OTB management, and the financial statements (P&L and Balance Sheet) as they relate to inventory.

• Technical Skills: Advanced proficiency in data analysis and visualization tools (e.g., SQL, Tableau, Power BI) and experience working with large-scale inventory management systems. Proficiency in excel is a requirement.

• Communication: Exceptional written and verbal communication skills, with the ability to articulate complex analytical findings to C-suite and executive audiences.

JTV Perks:

• Outstanding employee benefit program with medical, dental and vision coverage available.
• 401(k) Matching
• Generous personal/vacation accrual policy.
• Exceptional employee discount on JTV product.
• 24-hour private Fitness Center for all JTV employees and their immediate family.
• Our employee park features a Walking Trail, Frisbee Golf, Volleyball and MORE!

Jewelry Television® (JTV) is an Equal Opportunity Employer (EOE) that provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Jewelry Television® (JTV) is an E-Verify employer and participates in the E-Verify program. Jewelry Television® (JTV) participates in the Tennessee Drug-Free Workplace Program.