About the role
The Senior Finance Manager will be a key financial partner to the National Wholesale business, providing insights and analysis to drive profitable growth and operational efficiency. The Senior Manager will also be expected to drive cross-functional teams and command strong analytical, communication, presentation, and interpersonal skills.
General Duties and Responsibilities:
- Act as a financial advisor to the National Wholesale Merchandising and Operational teams by provide day-to-day financial support, reporting and analysis
- Develop insights and recommendations for business results and discuss with management team to help the achieve targets
- Analyze weekly and monthly trends to identify early warning indicators of potential issues and/or opportunities
- Provide weekly and period forecasts in conjunction with business partners
- Support the Merchandising team with invoice processing and develop a deep understanding of Other Income, including lump sum payments and vendor portal revenue.
- Prepare annual budgets by category, department and banner with a consolidated Business Unit and Banner view
- Track the LE (Latest Estimate) on a weekly and periodic basis, and highlight the performance of important KPIs such as sales growth, category margins and expense performance to drive banner profitability
- Prepare period end journal entries with accuracy and appropriate supporting documentation
- Cross train on managing the Customer Profitability Analysis, Volume Rebate and Subsidy calculation/reporting processes for the Affiliated and Independents banner
- Conduct detailed financial report reviews each period, which includes preparation of Period End reporting and presentations to the team and senior leadership
- Liaise with other functional areas (Corp FP&A, Financial Operations, Merchandising, Operations, Inventory and Procurement) to co-ordinate cross-functional analysis and data accumulation
- Meet with stakeholders regularly to understand to support business areas and to ensure timely communication of financial mandates
- Ensure that all critical processes are accurately documented to allow for smooth transitions and resource allocation
- Coach and mentor to a Sr Financial Analyst on a dotted-line basis, providing guidance on analytical techniques and financial reporting.
- Participate in various committees to ensure the voice of the BU is heard and is incorporated into new processes and reporting
- Work with the business & Real Estate team to prepare capital approval presentations
- Execute postmortem on Capital requests to ensure the capital return targets are met
Role Requirements:
- Completion of CA/CMA/CGA and/or MBA designation is an asset
- 5+ years of relevant work experience or a similar combination of education and relevant work experience in an analytical / business planning and facing role
- Strong leadership and project management skills with proven ability to lead a team and deliver objectives on time and within budget
- Strong communication skills with an emphasis on verbal reasoning, conflict resolution and listening skills
- Excellent analytical and problem-solving skills
- Superior time management and organizational skills with ability to work in-office 4 days per week
- Strong technical skills (accounting practices/standards, MS Office suite of products such as Excel, Word, Powerpoint, PowerBI, etc.)
- Knowledge of SAP, Oracle Financials a definite asset
- Proactive individual, able to effectively manage multiple priorities simultaneously
- Demonstrated ability to interact with people at various levels of an organization
About Loblaw Companies Limited
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.
About the role
The Senior Finance Manager will be a key financial partner to the National Wholesale business, providing insights and analysis to drive profitable growth and operational efficiency. The Senior Manager will also be expected to drive cross-functional teams and command strong analytical, communication, presentation, and interpersonal skills.
General Duties and Responsibilities:
- Act as a financial advisor to the National Wholesale Merchandising and Operational teams by provide day-to-day financial support, reporting and analysis
- Develop insights and recommendations for business results and discuss with management team to help the achieve targets
- Analyze weekly and monthly trends to identify early warning indicators of potential issues and/or opportunities
- Provide weekly and period forecasts in conjunction with business partners
- Support the Merchandising team with invoice processing and develop a deep understanding of Other Income, including lump sum payments and vendor portal revenue.
- Prepare annual budgets by category, department and banner with a consolidated Business Unit and Banner view
- Track the LE (Latest Estimate) on a weekly and periodic basis, and highlight the performance of important KPIs such as sales growth, category margins and expense performance to drive banner profitability
- Prepare period end journal entries with accuracy and appropriate supporting documentation
- Cross train on managing the Customer Profitability Analysis, Volume Rebate and Subsidy calculation/reporting processes for the Affiliated and Independents banner
- Conduct detailed financial report reviews each period, which includes preparation of Period End reporting and presentations to the team and senior leadership
- Liaise with other functional areas (Corp FP&A, Financial Operations, Merchandising, Operations, Inventory and Procurement) to co-ordinate cross-functional analysis and data accumulation
- Meet with stakeholders regularly to understand to support business areas and to ensure timely communication of financial mandates
- Ensure that all critical processes are accurately documented to allow for smooth transitions and resource allocation
- Coach and mentor to a Sr Financial Analyst on a dotted-line basis, providing guidance on analytical techniques and financial reporting.
- Participate in various committees to ensure the voice of the BU is heard and is incorporated into new processes and reporting
- Work with the business & Real Estate team to prepare capital approval presentations
- Execute postmortem on Capital requests to ensure the capital return targets are met
Role Requirements:
- Completion of CA/CMA/CGA and/or MBA designation is an asset
- 5+ years of relevant work experience or a similar combination of education and relevant work experience in an analytical / business planning and facing role
- Strong leadership and project management skills with proven ability to lead a team and deliver objectives on time and within budget
- Strong communication skills with an emphasis on verbal reasoning, conflict resolution and listening skills
- Excellent analytical and problem-solving skills
- Superior time management and organizational skills with ability to work in-office 4 days per week
- Strong technical skills (accounting practices/standards, MS Office suite of products such as Excel, Word, Powerpoint, PowerBI, etc.)
- Knowledge of SAP, Oracle Financials a definite asset
- Proactive individual, able to effectively manage multiple priorities simultaneously
- Demonstrated ability to interact with people at various levels of an organization
About Loblaw Companies Limited
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.