🚨 V-Mart Retail Hiring | AM – Budgeting & Planning
📄 Job Description
V-Mart Retail Ltd. is looking for an experienced and data-driven professional for the position of AM – Budgeting & Planning.
The role is ideal for a retail professional who can combine sales forecasting, merchandise planning, inventory control and financial planning to support profitable retail operations.
The selected candidate will work with historical sales data, market trends and business metrics to develop merchandise plans, OTB budgets and sales forecasts while ensuring optimal inventory levels and alignment with business goals.
🛠 Key Responsibilities
- Analyze historical sales data, market trends and business metrics to develop accurate forecasts.
- Prepare merchandise plans and Open-to-Buy (OTB) budgets.
- Develop sales forecasts aligned with business and seasonal requirements.
- Monitor inventory levels and maintain optimal stock-to-sales ratios.
- Identify and prevent overstocking and understocking situations.
- Ensure smooth and efficient inventory flow across retail operations.
- Work closely with buyers, suppliers and distributors on commercial terms and delivery planning.
- Coordinate with Marketing teams on promotional and clearance strategies.
- Set business targets and monitor achievement against planned budgets.
- Track budget requirements and financial performance.
- Use systematic data analysis tools to support financial and merchandise decisions.
- Identify trends and insights that can improve merchandise profitability.
- Support management in strategic planning and business decision-making.
- Manage multiple planning activities and prioritize complex workloads effectively.
🎓 Eligibility Criteria
- 3–5 years of experience in merchandising, retail planning or a related retail role.
- Experience in Value Retail will be preferred.
- Bachelor's degree in Business, Finance or a related field.
- Strong understanding of sales forecasting and merchandise planning.
- Knowledge of inventory control and stock-to-sales management.
- Understanding of OTB budgeting and retail financial planning.
- Strong analytical and numerical abilities.
- Ability to independently manage complex and high-volume workloads.
- Strong collaboration skills with buyers, suppliers, distributors and internal teams.
- Strong ownership, self-management and execution skills.
⭐ Key Skills
- Retail Planning
- Budgeting & Planning
- Merchandise Planning
- Sales Forecasting
- Demand Planning
- Open-to-Buy (OTB) Budgeting
- Inventory Planning
- Inventory Control
- Stock-to-Sales Ratio
- Sales Analysis
- Historical Data Analysis
- Market Trend Analysis
- Financial Planning
- Budget Management
- Target Setting
- Promotional Planning
- Clearance Planning
- Supplier Coordination
- Analytical Skills
- Business Planning
💰 Benefits
- Opportunity to work with a leading value retail organization.
- Gain hands-on exposure to retail budgeting and merchandise planning.
- Develop expertise in sales forecasting and inventory optimization.
- Work closely with buying, supply chain, marketing and business teams.
- Gain exposure to OTB budgets and retail financial management.
- Develop strong analytical and commercial decision-making skills.
- Opportunity to build a long-term career in Retail Planning and Merchandising.
⭐ Why Join V-Mart Retail?
- Opportunity to work in the organized retail industry.
- Gain practical exposure to value retail planning and merchandise management.
- Develop expertise in inventory optimization and sales forecasting.
- Work with cross-functional teams across buying, supply chain and marketing.
- Gain experience in OTB budgeting and retail financial planning.
- Build strong commercial and analytical capabilities.
- Opportunity to grow your career in Retail Planning and Business Analytics.
🎤 How to Prepare for the Interview
- Revise retail sales forecasting and merchandise planning concepts.
- Be ready to explain how historical sales data can be used to forecast future demand.
- Prepare examples of inventory optimization and stock-to-sales management.
- Understand OTB (Open-to-Buy) budgeting and its role in retail planning.
- Prepare examples of managing overstock and understock situations.
- Revise retail KPIs related to sales, inventory and merchandise profitability.
- Be ready to discuss promotional, markdown and clearance planning.
- Prepare examples of working with buyers, suppliers and distributors.
- Be ready to explain how you use data and analytical tools for business decisions.
- Highlight your ability to independently manage multiple priorities and high-volume workloads.
📩 How to Apply
Interested candidates with 3–5 years of experience in merchandising, retail planning or related retail functions can apply for the AM – Budgeting & Planning position at V-Mart Retail Ltd.
Candidates with a Value Retail background and experience in forecasting, inventory planning, merchandise planning and OTB budgeting will be preferred.
💼 Position: AM – Budgeting & Planning
🏭 Industry: Retail
🕒 Experience: 3–5 Years
🎓 Qualification: Bachelor's Degree in Business, Finance or related field