Financial Analyst, Retail

Purpose: Provide executional support in financial planning, controlling, and analysis for the Canada Retail Brick & Mortar Channel’s financials. This role focuses on preparation of reports for management and business partners, highlighting discrepancies, trends, and insights, data accuracy, entry and monitoring

Key Accountabilities

OPEX Monitoring: Assist in the ongoing monitoring and controlling of retail operating expenses, ensuring alignment with financial plans and budgets.

Variance Analysis: Track actual expenses against forecasts, investigating discrepancies, and providing detailed variance explanations.

Financial Reporting: Prepare and maintain financial reports, presenting clear and accurate data to management and business partners, while identifying trends and providing recommendations on forecast adjustments.

Ad-Hoc Analysis: Perform ad-hoc financial analyses to support operational needs, ensuring accuracy and clarity in data reporting.

Business Partnering: Engage with management and other teams, calling out discrepancies, discussing trends, and offering actionable insights to improve forecast accuracy and OPEX management.

Data Entry and Forecasting: Accurately input OPEX data for monthly forecasts and budgets, ensuring detailed tracking and adherence to financial standards.

Support Accounting Processes: Collaborate closely with the Accounting team to manage accruals, reconciliations, and expense entries related to retail OPEX.

Key Relationships: Accounting & Finance, Store Operations, Real-Estate, SCM

Knowledge Skills And Abilities

Analytical Skills: Ability to identify discrepancies, recognize trends, and provide insights into forecast adjustments.

Attention to Detail: High level of attention to detail, ensuring accuracy in data entry, financial reporting, and variance analysis.

Proficiency in Excel: Advanced Excel skills are required to support data management and reporting.

Strong Finance Knowledge: Solid understanding of accounting principles and financial controls, with a focus on accurate data management and compliance.

Organizational Skills: Capable of managing multiple tasks simultaneously, ensuring timely and accurate execution of responsibilities.

Effective Communication: Strong verbal and written communication skills, with the ability to clearly present data findings, address questions, and engage with management and business partners

Qualifications (Minimum Required Education And Experience)

Bachelor’s degree in Finance, Accounting, or a related field.

2-3 years of experience in a finance or accounting role, preferably within a retail environment.

Advanced Excel skills required; experience with SAP, TM1, or similar systems is a plus.

Strong finance & accounting background, with emphasis on controlling and data accuracy.