Sr Product Manager - Profitability Platform

Posted 2 Days Ago
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55445, Minneapolis, MN
111K-200K Annually
5-7 Years Experience
eCommerce • Other • Retail
The Role
Lead the development of a cutting-edge Profitability Platform to provide essential insights into business profitability. Partner with cross-functional teams to set key business objectives, prioritize product direction, and deliver a high-quality product. Serve as the "voice of the product" to key stakeholders and ensure successful product development.
Summary Generated by Built In

The pay range is $111,200.00 - $200,200.00

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 Finance Capabilities means partnering with Finance, Technology, and analytics leaders to co-create solutions that maximizes business value and enables key strategies that are critical to the enterprise and for the experiences we create for our guests. Truly an owner and expert of your data solutions and underlying processes, you will set the vision, align on the roadmap and mobilize your team and partner teams to deliver needed outcomes. Given most strategies have a Finance impact, you will also serve as a trusted resource to guide other enterprise partners in their solutions to ensure the success and integrity of end-to-end deliverables. 

 

Product Teams at Target are accountable for the delivery of business outcomes enabled through technology and analytic products that are easy to use, easily maintained and highly reliable. Product teams have one shared backlog that is inclusive of all product, technology, discovery and design work.  

 

The Profitability Platform is a cutting-edge solution we aspire to create to deliver comprehensive analytical and reporting tools that provide essential insights into the drivers of profitability across the enterprise. This platform empowers us to assess and analyze profitability across multiple dimensions, including guest segments, channels, and products, facilitating informed and strategic business decisions. By calculating and allocating all key components of profitability—such as markdowns, gross margin, and SG&A expenses—the platform ensures fully loaded profitability insights that drive sustainable growth and connected business decisions. 

 

As a Senior Product Manager, you will work in the product model and will partner to develop a comprehensive product strategy, related roadmap, and set key business objectives (OKRs) for your respective product. You will need to leverage the knowledge of your product, as well as customer feedback and establish other relevant data points to assess value, develop business cases, and prioritize the direction and desired outcomes for your product. You will lead a product and work in unison with engineers, UX designers, data scientists and business partners to deliver a product. 

 

You will be the “voice of the product” to key stakeholders to ensure that their needs are met, and that the product team is getting the direction and support that it needs to be successful. You will develop and actively understand the market, maintain a product roadmap and backlog outlining the customer themes, epics, and stories while prioritizing the backlog to focus on the highest impact work for your team and stakeholders.  

 

You will encourage the open exchange of information and viewpoints, as well as inspire others to achieve challenging goals and high standards of performance while committing to the organization's direction. You will foster a sense of urgency to achieve goals and leverage resources to overcome unexpected obstacles, and partner with product teams across the organization to help them achieve their goals while pursuing and completing yours.  

 

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

 

About you:  

  • Four-year degree or equivalent experience 

  • 6+ years of product management experience or equivalent Finance experience 

  • Deep understanding of financial metrics and profitability analysis; retail accounting experience preferred 

  • Experience with technology and ability to facilitate communication between business and technology teams  

  • Experience working in an agile environment (e.g., user stories, iterative development, scrum teams, sprints, personas) 

  • Ability to lead a body of work with cross-functional partners 

  • Strong communication skills; ability to strategically communicate milestones and roadmaps 

  • Curious and driven to understand end-to-end processes and business impact 

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.

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].

Application deadline is : 10/18/2024

The Company
HQ: Minneapolis, MN
172,344 Employees
On-site Workplace

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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