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Finance Analyst, Associate Support

Verified
Toronto, Ontario
Mid Level
Full-time

Top Benefits

Purchase discount program
Competitive pay
Online learning through Academy

About the role

Overview

Reporting to the Manager, Finance, Associate Support, and the incumbent is responsible for providing accounting services for a set of stores. The main duties include completing the associate changeover packages and the year-end settlements and include interpreting and analyzing store financial information. The person will also provide direct support to the stores (email & telephone and field resources) and communicate with various internal departments at central office.

What You’ll Do:

  • Prepare the associates changeover files inclusive of the completion & delivery of a tax package. The incumbent is accountable for the accuracy of all the assets/ liabilities transferred between old and new associates; Take the ownership on pending issues and follow up to completion.
  • Review and analyze the Periodic optional equity and the Paid Services results for stores.
  • Prepare annually Associates’ year end settlement for stores & delivery of financial results that will support the preparation of tax packages with the external accountants.
  • Prepare the Balance sheet account analysis, including reconciliations and variance analysis to prior periods’ balances.
  • Responsible for monitoring and reviewing associate draw accounts and equity position periodically; to identify any potential risks and accounting errors before closing the period.
  • Responsible to prepare the plan and forecast for certain P&L accounts. Prepare and submit periodic variances analysis to Manager for review.
  • Assist in selected projects assigned by management to improve processes and ensure smooth flow of information and continuity. Proactively identify the need for new reports/analysis to better support the current business activities and any new initiatives.
  • Investigate and respond to store queries and requests in a timely and professional manner.
  • Support Associate Earning calculations and Rebate Reserve report on periodic and annually basis
  • Other duties, ad hoc requests and projects as assigned by the supervisor or manager.

What You’ll Need:

  • University degree in Business or Accounting.
  • Currently enrolled in an accounting designation program would be considered an asset.
  • Minimum 3 years experience for finance, accounting and business experience.
  • Efficient, fast learner, ability to work under pressure, team player, autonomous.
  • Advanced skills in Excel; knowledge of Macro/Python is considered an asset.
  • SAP knowledge is considered an asset.
  • Ability to manage, manipulate and analyze data to identify and quantify business opportunities/risks.

About Loblaw Companies Limited

Retail
10,000+

Our Purpose – Live Life Well

Loblaw Companies Limited is Canada’s food and pharmacy leader, the nation’s largest retailer, and the majority unit holder of Choice Properties Real Estate Investment Trust. Loblaw – and its portfolio of grocery, health and beauty, financial services and apparel businesses – provides Canadians with an unparalleled mix of value, assortment and convenience, and offers Canadians two of the country’s most recognized brands – President’s Choice and no name.

The acquisition of Shoppers Drug Mart, along with the powerful Life Brand and Optimum brand, has only served to reinforce our leadership position in the marketplace. As well, our PC Plus program, omni-channel efforts and multicultural merchandising offerings continued to be points of differentiation for our customer experience.

In 2019, Loblaw has been recognized as one of Canada’s Top 100 Employers, Best Diversity Employers by Mediacorp Canada Inc.


IMPORTANT NOTE ABOUT FRAUD AFFECTING OUR JOBSEEKERS.

Please be advised that recruitment fraud has affected a number of Canadian companies. In such schemes, individuals posing as legitimate recruiters may request personal information and payment from those seeking employment.

Loblaw Companies Limited, its subsidiaries, and recruiting agencies will never ask for payment at any stage in the recruitment process. All legitimate postings may be accessed via our career website.