Top Benefits
About the role
What you’ll do
The Senior Financial Analyst will play a key role on the Margin Accounting Team and will be responsible for revenue and cost of sales entries and analysis related to various CTC BUs like CTR, Party, FGL, PETR, etc. The role will cover broad areas of margin like the reverse flow program, the dealer margin sharing calculation etc. Responsibilities will include reviewing journal entries and reconciliations, investigation of discrepancies and variances, ensuring controls are adhered to, and providing requirements and key insights on projects that impact margin across all business units.
- Reviewing period end adjusting revenue and cost of sales transactions for various BUs (including Dealer sharing, Reverse Flow, Royalty, etc.), ensuring reasonability and completeness.
- Review reconciliation of balance sheet accounts to areas of responsibility, Review and investigate discrepancy between various internal data systems to ensure data integrity.
- Conduct variance analysis at month end for margin P&L section across banners.
- Develop, maintain and update margin related financial models.
- Assist in development and completion of controls to ensure effective and efficient processing of transactions.
- Collaborate with various internal teams like tax, audit, dealer relationship, FP&A business/corporate accounting on investigations, external requests, and ad-hoc projects.
- Continuously look for efficiencies and opportunities to streamline processes.
- Manage, support, and develop FAs on team.
What you bring
- Minimum 3 years’ experience in a medium/large company at a Senior Financial Analyst/Accountant level with strong IFRS knowledge.
- University Degree in Accounting or Finance areas.
- CPA designation (Or working towards).
- Ability to provide accounting guidance on margin accounting and determine appropriate treatment of financial transactions in accordance with IFRS.
- Solid financial and technical skills coupled with strong analytical ability.
- Strong problem solving, analytical and strategic thinking skills; able to see the “big picture” in a complex business environment.
- Natural curiosity to investigate and understand the reason behind transactions.
- Strong interpersonal and communication skills with a demonstrated ability to build and maintain strong relationships while coaching and developing analysts.
- Ability to thrive in an environment responsive to changing business requirements.
- Excellent attention to detail.
- Advanced PC skills including Microsoft suite (Excel, Word, PowerPoint, Access).
- Familiarity with internal and external audit processes.
- Working knowledge of PeopleSoft accounting system and HFM is an asset.
- Broad knowledge of the Chart of Accounts and internal controls is an asset.
About Us
Canadian Tire Corporation, Limited (“CTC”) is one of Canada’s most admired and trusted companies. With more than 90 Owned Brands, 1,700 retail locations, financial services, exemplary e-commerce capabilities, and exciting market-leading merchandising strategies. We dream big and work as one to innovate with purpose for our customers at every level of our business, investing in new technologies and products, and doubling down on top talent to drive the company forward. We offer competitive salaries and wages to CTC employees, as well as store discounts, supported learning through our Triangle Learning Academy, Canadian Tire Profit Sharing, and retirement and savings programs for eligible employees. As part of our enhanced flex benefits program, we offer mental health benefits in the amount of $5,000 per year for benefits-eligible employees and their families, including total well-being, and mental health tools and resources for all employees. Join us in helping to make life in Canada better through living and working our Core Values: we are innovators and entrepreneurs at our core, outcomes drive us, inclusion is a must, we are stronger together and we take personal responsibility. It is an especially exciting time to join CTC and its family of companies where career opportunities are wide-ranging! Join us, where there's a place for you here.
Our Commitment to Diversity, Inclusion and Belonging
We are committed to fostering an environment where belonging thrives, and diversity, inclusion and equity are infused into everything we do. We believe in building an organizational culture where people are consistently treated with dignity while respecting individual religion, nationality, gender, race, age, perceived ability, spoken language, sexual orientation, and identification. We are united in our purpose of being here to help make life in Canada better.
Accommodations
We stand firm in our Core Value that inclusion is a must. We welcome and encourage candidates from equity-seeking groups such as people who identify as racialized, Indigenous, 2SLGBTQIA+, women, people with disabilities, and beyond. Should you require any accommodation in applying for this role, or throughout the interview process, please make them known when contacted and we will work with you to help meet your needs.
About Canadian Tire Corporation, Ltd.
Canadian Tire Corporation, Limited ("CTC") is one of Canada's most admired and trusted companies. With world-class owned brands and exciting market-leading merchandising strategies, we are continually innovating with purpose: to be there for Canadians from coast-to-coast.
We are a group of companies that includes a retail segment, a financial services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening categories. Party City, PartSource and Gas+ are key parts of the Canadian Tire network. Our retail segment also includes Mark's, a leading source for casual and industrial wear, Pro Hockey Life, a hockey speciality store catering to elite athletes, and SportChek, Hockey Experts, Sports Experts, and Atmosphere, which offer the best active wear brands. Our 1,700 retail and gasoline outlets are supported and strengthened by our Financial Services division and the tens of thousands of people employed across the country by our Company, local Dealers, franchisees and petroleum retailers. In addition, CTC owns and operates Helly Hansen, a leading technical outdoor brand based in Oslo, Norway.
CTC is an integral part of the communities in which we operate and our legacy of community support, through national and local programs, is initiated and executed by our Corporation, Dealers, franchisees, store operators and employees. Since 2005, our Canadian Tire Jumpstart Charities has been helping kids overcome financial and accessibility barriers to sport and recreation in an effort to provide inclusive play for all kids of all abilities.
For more information, visit corp.canadiantire.ca.
Top Benefits
About the role
What you’ll do
The Senior Financial Analyst will play a key role on the Margin Accounting Team and will be responsible for revenue and cost of sales entries and analysis related to various CTC BUs like CTR, Party, FGL, PETR, etc. The role will cover broad areas of margin like the reverse flow program, the dealer margin sharing calculation etc. Responsibilities will include reviewing journal entries and reconciliations, investigation of discrepancies and variances, ensuring controls are adhered to, and providing requirements and key insights on projects that impact margin across all business units.
- Reviewing period end adjusting revenue and cost of sales transactions for various BUs (including Dealer sharing, Reverse Flow, Royalty, etc.), ensuring reasonability and completeness.
- Review reconciliation of balance sheet accounts to areas of responsibility, Review and investigate discrepancy between various internal data systems to ensure data integrity.
- Conduct variance analysis at month end for margin P&L section across banners.
- Develop, maintain and update margin related financial models.
- Assist in development and completion of controls to ensure effective and efficient processing of transactions.
- Collaborate with various internal teams like tax, audit, dealer relationship, FP&A business/corporate accounting on investigations, external requests, and ad-hoc projects.
- Continuously look for efficiencies and opportunities to streamline processes.
- Manage, support, and develop FAs on team.
What you bring
- Minimum 3 years’ experience in a medium/large company at a Senior Financial Analyst/Accountant level with strong IFRS knowledge.
- University Degree in Accounting or Finance areas.
- CPA designation (Or working towards).
- Ability to provide accounting guidance on margin accounting and determine appropriate treatment of financial transactions in accordance with IFRS.
- Solid financial and technical skills coupled with strong analytical ability.
- Strong problem solving, analytical and strategic thinking skills; able to see the “big picture” in a complex business environment.
- Natural curiosity to investigate and understand the reason behind transactions.
- Strong interpersonal and communication skills with a demonstrated ability to build and maintain strong relationships while coaching and developing analysts.
- Ability to thrive in an environment responsive to changing business requirements.
- Excellent attention to detail.
- Advanced PC skills including Microsoft suite (Excel, Word, PowerPoint, Access).
- Familiarity with internal and external audit processes.
- Working knowledge of PeopleSoft accounting system and HFM is an asset.
- Broad knowledge of the Chart of Accounts and internal controls is an asset.
About Us
Canadian Tire Corporation, Limited (“CTC”) is one of Canada’s most admired and trusted companies. With more than 90 Owned Brands, 1,700 retail locations, financial services, exemplary e-commerce capabilities, and exciting market-leading merchandising strategies. We dream big and work as one to innovate with purpose for our customers at every level of our business, investing in new technologies and products, and doubling down on top talent to drive the company forward. We offer competitive salaries and wages to CTC employees, as well as store discounts, supported learning through our Triangle Learning Academy, Canadian Tire Profit Sharing, and retirement and savings programs for eligible employees. As part of our enhanced flex benefits program, we offer mental health benefits in the amount of $5,000 per year for benefits-eligible employees and their families, including total well-being, and mental health tools and resources for all employees. Join us in helping to make life in Canada better through living and working our Core Values: we are innovators and entrepreneurs at our core, outcomes drive us, inclusion is a must, we are stronger together and we take personal responsibility. It is an especially exciting time to join CTC and its family of companies where career opportunities are wide-ranging! Join us, where there's a place for you here.
Our Commitment to Diversity, Inclusion and Belonging
We are committed to fostering an environment where belonging thrives, and diversity, inclusion and equity are infused into everything we do. We believe in building an organizational culture where people are consistently treated with dignity while respecting individual religion, nationality, gender, race, age, perceived ability, spoken language, sexual orientation, and identification. We are united in our purpose of being here to help make life in Canada better.
Accommodations
We stand firm in our Core Value that inclusion is a must. We welcome and encourage candidates from equity-seeking groups such as people who identify as racialized, Indigenous, 2SLGBTQIA+, women, people with disabilities, and beyond. Should you require any accommodation in applying for this role, or throughout the interview process, please make them known when contacted and we will work with you to help meet your needs.
About Canadian Tire Corporation, Ltd.
Canadian Tire Corporation, Limited ("CTC") is one of Canada's most admired and trusted companies. With world-class owned brands and exciting market-leading merchandising strategies, we are continually innovating with purpose: to be there for Canadians from coast-to-coast.
We are a group of companies that includes a retail segment, a financial services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening categories. Party City, PartSource and Gas+ are key parts of the Canadian Tire network. Our retail segment also includes Mark's, a leading source for casual and industrial wear, Pro Hockey Life, a hockey speciality store catering to elite athletes, and SportChek, Hockey Experts, Sports Experts, and Atmosphere, which offer the best active wear brands. Our 1,700 retail and gasoline outlets are supported and strengthened by our Financial Services division and the tens of thousands of people employed across the country by our Company, local Dealers, franchisees and petroleum retailers. In addition, CTC owns and operates Helly Hansen, a leading technical outdoor brand based in Oslo, Norway.
CTC is an integral part of the communities in which we operate and our legacy of community support, through national and local programs, is initiated and executed by our Corporation, Dealers, franchisees, store operators and employees. Since 2005, our Canadian Tire Jumpstart Charities has been helping kids overcome financial and accessibility barriers to sport and recreation in an effort to provide inclusive play for all kids of all abilities.
For more information, visit corp.canadiantire.ca.