Senior, Capital Planning (New York or Cincinnati)

Be part of an amazing story.

Macy's is more than just a store. We're a story. One that's captured the hearts and minds of America for more than 160 years. A story about innovations and traditions...about inspiring stores and irresistible products...about the excitement of the Macy's 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We've been part of memorable moments and milestones for countless customers and colleagues. Those stories are part of what makes this such a special place to work.

Job Overview

The Senior, Capital Planning assists the Director, Capital Planning in managing the capital investment planning and forecasting process for Macy's, Bloomingdale's, and Bluemercury Capex investments. The Senior prepares valuations, conducts business cases using IRR, NPV, sensitivity analyses, and other financial metrics, and develops business cases in partnership with operating finance teams. The Senior coordinates extensively with management at all levels across departments including Store Environment, Real Estate, Area Research, Stores, Merchandising, Tax, and Accounting. The Senior also performs additional financial analyses and duties as assigned. This position is based in either Cincinnati or New York City.

What You Will Do

• Manage the capital approval pipeline year-round, ensuring projects progress efficiently through each stage of the approval process.
• Act as a subject matter expert in project valuation, developing business cases using IRR, NPV, sensitivity analyses, and other key financial metrics.
• Communicate clearly and concisely, both verbally and in writing, using structured approaches and PowerPoint to effectively convey information.
• Assist the Capital Planning team with retrospective analyses of prior capital approvals to evaluate performance and outcomes.
• Support forward-looking reviews of high-impact projects to ensure they stay on schedule and within budget.
• Proactively identify and escalate risks, driving timely resolution to safeguard project success.
• Collaborate extensively with cross-functional partners, including Merchandising, Digital, Real Estate, Store Environment, Area Research, Tax, and Stores.
• Provide strategic analytical support to address evolving business needs and guide capital investment decisions.
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities.
• In addition to the essential duties mentioned above, other duties may be assigned.

Skills You Will Need

Capital Investment Management - Experienced in managing capital planning processes, including project approvals, forecasting, and governance.

Financial Modeling & Valuation - Skilled in building business cases using IRR, NPV, sensitivity analysis, and other advanced financial metrics.

Discounted Cash Flow Analysis - Experience in performing discounted cash flow (DCF) analysis preferred.

Strategic Analysis - Capable of assessing the ROI of capital projects through both retrospective and forward-looking reviews to support business impact.

Advanced Excel & Data Skills - Proficient in Excel and financial tools to analyze complex data sets and model outcomes.

Critical Thinking - Quick, strategic thinker who synthesizes information and identifies actionable solutions.

Problem Solving - Resourceful and solutions-oriented, able to navigate ambiguity and proactively resolve issues.

Trusted Advisor - Builds credible relationships with senior finance and business leaders, serving as a go-to strategic partner.

Matrix Navigation - Comfortable operating in large, complex, and cross-functional enterprise environments.

Executive Communication - Communicates clearly, concisely, and structurally in both verbal and written forms.

Ethical Leadership - Demonstrates high personal integrity, strong business ethics, and alignment with company values.

Results-Driven - Executes with focus and precision to deliver meaningful business outcomes.

Flexible & Agile - Adapts quickly to changing priorities and business needs with a responsive work style.

Time Management - Effectively manages multiple priorities and tasks in fast-paced environments.

Who You Are

• Candidates with a bachelor's degree or equivalent work experience in a related field are encouraged to apply. MBA preferred. 3-5 years of work experience required.
• Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel. Occasionally required to move about the workplace and reach with hands and arms. Requires close vision.
• Able to work a flexible schedule based on department and company needs.

What We Can Offer You

Join a team where work is as rewarding as it is fun! We offer a dynamic, inclusive environment with competitive pay and benefits. Enjoy comprehensive health and wellness coverage and a 401(k) match to invest in your future. Prioritize your well-being with paid time off and eight paid holidays. Grow your career with continuous learning and leadership development. Plus, build community by joining one of our Colleague Resource Groups and make a difference through our volunteer opportunities.

Some additional benefits we offer include:

• Merchandise discounts
• Performance-based incentives
• Annual merit review
• Employee Assistance Program with mental health counseling and legal/financial advice
• Tuition reimbursement

Access the full menu of benefits offerings here.

About Us

This is a great time to join Macy's! Whether you're helping a customer find the perfect gift, streamlining operations in one of our distribution centers, enhancing our online shopping experience, buying in-style and on-trend merchandise to outfit our customers, or designing a balloon for the Thanksgiving Day Parade, we offer unique opportunities to be part of some of the most memorable moments in people's lives.

Join us and help write the next chapter in our story - apply today!

This job description is not all-inclusive. Macy's, Inc. reserves the right to amend this job description at any time. Macy's, Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.

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