Senior Financial Analyst, Consolidation & Reporting
Top Benefits
About the role
What You’ll Do
As a member of the Corporate Accounting and Reporting team, the Senior Financial Analyst, Consolidation & Reporting is responsible for the timely consolidation of monthly and quarterly financial results for internal and external consolidated reporting.
You will be accountable for intercompany eliminations at the consolidated level and liaise with other corporate departments and business units to ensure execution of an accurate and efficient consolidation process. You will also provide leadership to team members and perform review of journal entries, account reconciliations, and analysis completed by Financial Analysts within the team.
- Preparation of timely and accurate consolidation using Hyperion Financial Management (HFM)
- Review/prepare month-end and quarter-end corporate consolidation entries in HFM
- Review monthly consolidation tie-outs and system checks
- Review intercompany eliminations and coordinate with business units across organization to clear variances
- Review monthly control binders for CEO/CFO certification key controls (control compliance)
- Analyze and prepare schedules for various financial statement information including Consolidated Statement of Cash Flows, OCI, and Quarterly CFO package
- Assist with the preparation of monthly corporate expense and balance sheet variance analysis
- Assist with maintenance of HFM
- Review regulatory reporting schedules including OSFI, Bank of Canada, MasterCard, & Stats Canada at the CTC consolidated level
- Liaise with other groups within Finance (FP&A, Accounting, Tax, Treasury) to respond to corporate close and consolidation specific inquiries as required
- Identify and execute process improvements
- Participate in ad hoc projects, analysis, and preparation of reports for senior management as requested
- Provide supervision and coaching to other team members within the department
What You bring
- University degree in Finance, Accounting, or business related discipline
- Accounting designation (CPA)
- 4+ years of relevant experience in industry or public accounting
- Strong working knowledge of consolidation principles and International Financial Reporting Standards (IFRS)
- Superior verbal and written communication skills
- Proven strong performer in the workforce with a high level of attention to detail
- Advanced working knowledge of Microsoft Office Suite
- Working knowledge of HFM and PeopleSoft is considered 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.
Senior Financial Analyst, Consolidation & Reporting
Top Benefits
About the role
What You’ll Do
As a member of the Corporate Accounting and Reporting team, the Senior Financial Analyst, Consolidation & Reporting is responsible for the timely consolidation of monthly and quarterly financial results for internal and external consolidated reporting.
You will be accountable for intercompany eliminations at the consolidated level and liaise with other corporate departments and business units to ensure execution of an accurate and efficient consolidation process. You will also provide leadership to team members and perform review of journal entries, account reconciliations, and analysis completed by Financial Analysts within the team.
- Preparation of timely and accurate consolidation using Hyperion Financial Management (HFM)
- Review/prepare month-end and quarter-end corporate consolidation entries in HFM
- Review monthly consolidation tie-outs and system checks
- Review intercompany eliminations and coordinate with business units across organization to clear variances
- Review monthly control binders for CEO/CFO certification key controls (control compliance)
- Analyze and prepare schedules for various financial statement information including Consolidated Statement of Cash Flows, OCI, and Quarterly CFO package
- Assist with the preparation of monthly corporate expense and balance sheet variance analysis
- Assist with maintenance of HFM
- Review regulatory reporting schedules including OSFI, Bank of Canada, MasterCard, & Stats Canada at the CTC consolidated level
- Liaise with other groups within Finance (FP&A, Accounting, Tax, Treasury) to respond to corporate close and consolidation specific inquiries as required
- Identify and execute process improvements
- Participate in ad hoc projects, analysis, and preparation of reports for senior management as requested
- Provide supervision and coaching to other team members within the department
What You bring
- University degree in Finance, Accounting, or business related discipline
- Accounting designation (CPA)
- 4+ years of relevant experience in industry or public accounting
- Strong working knowledge of consolidation principles and International Financial Reporting Standards (IFRS)
- Superior verbal and written communication skills
- Proven strong performer in the workforce with a high level of attention to detail
- Advanced working knowledge of Microsoft Office Suite
- Working knowledge of HFM and PeopleSoft is considered 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.