Analyst, Retail Financial Services (1 Year Contract)
Loblaw Companies Limited
Consumers Road, Toronto, ON
5d ago

Why is this role important?

Reporting to the Manager, Retail Financial Process Support, the incumbent will be responsible for providing day-to-day accounting, financial analysis and support of periodic close processes for Adjacent Businesses within the SDM portfolio.

The role works closely with the store Associates and store designates as well as adjacent business management and colleagues from SDM Retail and Corporate Accounting.

Summary

Reporting to the Manager, Retail Financial Process Support, the incumbent will be responsible for providing day-to-day accounting, financial analysis and support of periodic close processes for Adjacent Businesses within the SDM portfolio.

The role works closely with the store Associates and store designates as well as adjacent business management and colleagues from SDM Retail and Corporate Accounting.

Job Description :

  • Review and analyze business’ financial statements and provide interpretations and recommendations concerning operating results to Management and Associates.
  • Review weekly sales, gross profits, shrink, expenses, etc.
  • Ensure integrity, completeness and consistency of financial reporting through timely and accurate allocation of expenses to proper accounts.
  • Prepare and review all balance sheet reconciliations for all stores on a periodic basis ensuring accuracy and no irreconcilable differences.
  • Serve as a Customer Service contact for Associates and Managers of assigned stores
  • Focus on CPAK and VIAL Facilities business including : Reconcile SAP and stores’ Lawson P&L,Prepare journal entries including accruals,PE Financial Statement review / analysis,Accounts Payable invoice processing
  • Focus on Optical StoresThird Party payment allocations,Bank reconciliation review,Prepare journal entries including accruals,PE Financial Statement review / analysis,Accounts Payable invoice processing
  • Focus on BeautyBoutique.caMonitoring and maintenance of sales,Reconciling inventory
  • Involvement in Government ReportingWSIB online reporting and cheque preparation for remittance,Annual Reporting WSIB, EHT,Statistics Canada (Sales report / period) as needed,Preparation of reports for WSIB Audit
  • Collaborate with the broader Retail Financial Process Support team to expand user knowledge and meet team objectives.
  • Liaise with stores’ external tax accountants to resolve all issues and answer all inquiries.
  • Assist with government audits
  • Support the improvement of financial processes and controls including period end reporting and variance analysis and accruals.
  • Skill and Experience

  • Must possess strong analytical skills and be able to interpret and review financial statements.
  • Excellent written and oral communication skills.
  • Ability to work in a fast paced environment.
  • Excellent prioritization skills to meet strict deadlines.
  • Advanced computer / technical skills, especially Excel and Word.
  • Strong work ethic and a team player
  • 1-3 years previous work experience within Finance or a combination of education and experience.
  • Experience with Lawson and / or SAP would be considered an asset
  • How You’ll Succeed :

    At Loblaw, we seek great people to continually strengthen our culture. We believe great people model our values, are authentic, build trust and make connections.

    If that sounds like you, and you are open-minded, responsive to change and up to the challenges provided in a fast-paced retail environment, apply today.

    In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct it reinforces what our customers and stakeholders expect of us.

    Employment Type : Full time

    Type of Role :

    Temporary with Benefits (Fixed Term)

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