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VP, Marketing Forecasting and Effectiveness

Macy's
205,560-479,520
United States, New York, New York
151 West 34th Street (Show on map)
Nov 15, 2024

Job Overview:

VP, Marketing Forecasting & Effectiveness is responsible for driving marketing enablement, overseeing financial strategy, and leading process improvement initiatives within the marketing function. This leader ensures the effective utilization of resources through data-driven decision-making and optimization of marketing technology tools. The ideal candidate will have a strong analytical mindset, a strategic approach to planning, and the ability to advocate for and implement technological solutions to improve efficiency.

Essential Functions:



  • Financial Oversight and Strategic Planning:

    • Responsible for the oversight of the total Marketing budget of $B
    • Lead and collaborate with cross-functional partners to forecast sales based on the media plan.
    • Drive investment planning decisions that align with merchant strategies/plans and broader business objectives.

  • Marketing Enablement:
  • Lead media forecasting efforts, ensuring effectiveness and efficiency across all channels.
  • Streamline processes to enhance marketing operations and team productivity.
  • Own the marketing technology, overseeing its optimization and functionality.
  • Analysis and Data:

    • Analyze the effectiveness of marketing mix strategies, campaign/event expenses, and their ROI.
    • Provide actionable insights and data-driven recommendations to enhance marketing performance and profitability.

  • Process Improvement and Technology Advocacy:

    • Lead initiatives focused on process improvements and production optimization.
    • Serve as an advocate for marketing technology solutions, coordinating with necessary partners for software and hardware upgrades.
    • Ensure marketing operations are streamlined and supported by the latest technology advancements.

  • Leadership:

    • Build and lead a high-performing team of marketing executives
    • Prove regular feedback, coaching and professional development opportunities
    • Lead and manage change initiatives, ensure smooth transitions and providing the proper support to team members and cross-functional partners
    • Cultivating a team culture of positivity, inclusivity and high employee engagement




Qualifications:

Education/Experience:



  • Bachelor's Degree required; degree in Finance highly preferred.
  • Minimum 15+ years of related finance/and or marketing experience.
  • Strong leadership skills; minimum 7 years managing a team.
  • Experience handling multiple channels, plans, or vehicles.
  • Understands the marketing landscape.



Communication Skills:



  • Excellent communication skills.
  • Strong interpersonal and communication skills.
  • Ability to present strategies to Senior Management.



Mathematical Skills:



  • Basic math functions such as addition, subtraction, multiplication, and division skills.



Reasoning Ability:



  • Strong negotiating skills.
  • Analytical reasoning skills.
  • Ability to handle multiple projects and meet tight deadlines.



Physical Demands:



  • This position involves regular walking, standing, sitting for extended periods of time, hearing, and talking.
  • May occasionally involve stooping, kneeling, or crouching.
  • May involve close vision, color vision, depth perception, focus adjustment, and viewing computer monitor for extended periods of time. Involves manual dexterity for using keyboard, mouse, and other office equipment.
  • May involve moving or lifting items under 10 pounds.



Other Skills:



  • Ability to interact with all levels in the organization.
  • Ability to foster strong relationships with business partners.
  • Proficient in Excel, PowerPoint, and Word.
  • Ability to lead and develop a team.



Work Hours:



  • Ability to work a flexible schedule based on department and company needs.



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