Sr Product Manager - Merchandising (Commercial Financial Forecasting)

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Job Id: R0000388902

The pay range is $113,000.00 - $203,000.00

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.

Target Merchandising is evolving at an incredible pace. We are constantly reimagining how this $100+ billion retailer offers the innovative, guest-inspiring items that Target is known and loved for. Our goal is to deliver exceptional value, quality and style to elevate Target as the premier retailer in a competitive global marketplace. Through intelligent and progressive business strategies that make the most of Target’s resources and partnerships worldwide, Merchandising works across product categories to create a localized shopping experience online and in our 1800+ stores. Are you a creative problem solver who loves to see your work translate into real results? Can you collaborate effectively, execute a plan efficiently and positively influence how Target chooses and presents the right product in the right place at the right price? If so, you will have success on one of our dynamic teams.   

Product Teams at Target Corporation 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 and design work. 

As a Senior Product Manager on Team Planit, you will lead the strategic development, discovery, and delivery of advanced Commercial Financial Planning and Forecasting capabilities that support Target’s long-range growth strategy.

Planit’s Commercial Financial Forecasting capability enables smarter, data-informed decision-making by delivering accurate projections across the core elements of Target’s Commercial P&L —including sales, inventory, cost of goods sold (COGS), and gross margin. These insights empower teams to plan more effectively, optimize resource allocation, and align financial strategies with enterprise goals.

By enabling better budgeting, resource allocation, and strategic alignment, your work will play a critical role in driving financial visibility, accountability, and sustainable business growth across the enterprise.

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:

  • Bachelor’s degree or equivalent experience; MBA or advanced degree a plus
  • 6+ years of product management or relevant domain experience (finance, merchandising, or supply chain)
  • Strong financial acumen with a solid understanding of commercial P&L, forecasting, and margin drivers
  • Experience working with financial planning systems (e.g., Anaplan, SAP BPC, Oracle Hyperion) is a plus
  • Proven ability to translate complex business needs into scalable, data-driven solutions in partnership with engineering and analytics
  • Skilled in Agile product development (e.g., user stories, roadmaps, sprints, cross-functional collaboration)
  • Excellent communication, stakeholder management, and problem-solving skills
  • Comfortable leading through ambiguity and working across business and technology teams

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 candidate.accommodations@HRHelp.Target.com.Application deadline is : 05/02/2025

Competitive benefits

We are proud to provide benefits that support you, your family and your future.

Health and well-being

Target offers comprehensive medical, dental and vision insurance plans. Plus, get free 24/7 virtual care and mental health support.

Financial well-being

Your financial future is bright with TGT 401(k) offering 5% eligible contribution matching and more discount and reimbursement programs.

Paid time off

Target encourages work-life balance by offering seven paid holidays, paid sick time, paid family leave, and a flexible paid time off plan that doesn’t require time tracking (unless in a location where it is legally required).

Education assistance

Target's industry-leading education assistance benefit, Dream to Be, offers tuition-free programs to support your growth.

Market-leading pay

Target is a proud pay leader in every market we operate in, providing equitable and competitive pay for all.

Team Target discount

Get the exclusive team member discount of 10% off plus an added 20% off a variety of food and wellness products.

Creating a culture of joy

We bring out the best in each other every day.

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Inclusivity

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Connection

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Drive

We do what is right for Target, our team and guests. We deliver results that matter. We continually learn by valuing progress over perfection.

Grow with Target

We are fully invested in your personal and professional growth because our people are our power. 

Target's leadership truly empowers personal and professional growth, fostering an environment where we care, grow and win together.

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