Sr Manager FP&A - Capital Finance, New Stores

Posted 9 Days Ago
Be an Early Applicant
55403-2542, Minneapolis, MN, USA
In-Office
95K-171K Annually
Senior level
eCommerce • Other • Retail
The Role
Lead and develop an FP&A team that builds business cases and valuation analyses for new stores, remodels, expansions, and leases. Drive capital portfolio strategy, forecasting, modeling, capital allocation, approvals, and long-range planning. Partner cross-functionally (Properties, Construction, Real Estate, Stores, Supply Chain, Asset Protection, Accounting) to evaluate and execute investments and present insights and recommendations to senior leaders.
Summary Generated by Built In
The pay range is $95,000.00 - $171,000.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About us: 

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here. 
 
A role in Financial Planning & Analysis means belonging to a great team of genuine, diverse, courageous and versatile people who put integrity and ethics at the heart of everything they do. Together, you’ll drive outstanding financial results by enabling and accelerating Target’s strategic execution. You’ll nurture influential partnerships with leaders who value your credibility, thanks to the quality and reliability of your insights. To teams across Target, you’ll bring your skills for analytical rigor, creative problem-solving and sound decision-making. You’ll be an active contributor to cross-functional teams. You’ll rise to the challenge of the dynamic retail industry, bringing innovative solutions that have a direct impact on financial and operational direction-setting, merchandising and capital investments and how to best use our resources. All of your good work will help elevate and maintain Target as one of the world’s most recognized and best-loved retail brands. 

 

As a Sr. Finance Manager, Capital Finance – New Stores & Remodels, you will: 

  • Directly lead, coach, and develop a team of Sr. Financial Analysts and Financial Analysts responsible for new store, remodel, expansion, and lease business cases, providing insights, analytics, and recommendations that drive investment decisions.  

  • Influence and drive the strategy for Target's annual capital investment portfolio across new stores and remodels, optimizing guest experience, operational effectiveness, and financial returns.  

  • Partner cross-functionally across the organization with key stakeholders including Properties, Construction, Real Estate, Stores, Supply Chain, Assets Protection, Accounting, and Finance to evaluate opportunities and execute strategic investments.  

  • Immerse yourself in the business to become an expert while bringing enterprise financial insights & external perspectives to your partners.   

  • Own and continuously improve the financial processes and analytical models that support portfolio planning, capital allocation, and investment decisions, including forecasting, annual goals, capital spend approvals, business case development, long-range planning, and new store, remodel, and store valuation analyses. 

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs. 

About You 

  • 6+ years of finance and business experience, retail and financial valuation experience a plus 

  • Ability to drive enterprise connections and progress on a wide spectrum of concurrent initiatives 

  • Develop, coach and inspire talent 

  • Excellent communication & ability to synthesize key stories to senior leaders 

  • Strategic influencing through facts & data 

  • Curious and credible thought leader 

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota

Benefits Eligibility

Please paste this url into your preferred browser to learn about benefits eligibility for this role: https://tgt.biz/BenefitsForYou_E

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to [email protected]. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.  

Skills Required

  • 6+ years of finance and business experience
  • Experience leading, coaching, and developing finance analysts
  • Experience owning and improving financial processes, forecasting, capital allocation, and analytical models
  • Excellent communication and ability to synthesize key stories to senior leaders
  • Ability to influence through data and drive enterprise-level initiatives
  • Experience partnering cross-functionally with Properties, Construction, Real Estate, Stores, Supply Chain, Asset Protection, Accounting, and Finance
  • Retail and financial valuation experience

Target Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Target and has not been reviewed or approved by Target.

  • Healthcare Strength Health benefits are accessible to hourly team members at relatively low hour thresholds and include no‑cost, 24/7 virtual medical care and expanded mental‑health support. This breadth is positioned as a relative strength compared to typical retail offerings.
  • Retirement Support Retirement programs include a dollar‑for‑dollar 401(k) match with immediate vesting and options like Roth 401(k) and stock purchase. These features strengthen long‑term savings for a wide range of roles.
  • Parental & Family Support Family support includes paid family leave, backup care, and reimbursements for adoption and surrogacy. These resources complement paid time off and holidays for eligible team members.

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The Company
HQ: Minneapolis, MN
172,344 Employees

What We Do

Target is an American retailing company providing access to a wide selection of products such as furniture, electronics, toys, and more. Target is one of the world’s most recognized brands and one of America’s leading retailers. We make Target our guests’ preferred shopping destination by offering outstanding value, inspiration, innovation and an exceptional guest experience that no other retailer can deliver. Target is committed to responsible corporate citizenship, ethical business practices, environmental stewardship and generous community support. Since 1946, we have given 5 percent of our profits back to our communities. Our goal is to work as one team to fulfill our unique brand promise to our guests, wherever and whenever they choose to shop.

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