Financial Analyst, Inventory Control

GENERAL PURPOSE:

The Inventory Control Financial Analyst will be responsible for providing detailed analysis of inventory related results, metrics, and ad-hoc inquiries. The analyst will also be responsible for ongoing production of inventory related reports and forecast that are distributed on a regular basis. This includes leading the annual gross margin and inventory budget preparation including analysis of impacts and changes vs LY. This individual will also be a key contributor to the design and implementation of inventory control system updates and reports. The Inventory Control Financial Analyst will report to the Senior Manager, Inventory Control.

ESSENTIAL FUNCTIONS:

Perform ad-hoc analysis on key inventory metrics (inventory, markdowns, sales) based on business needs or management requests.
Prepare and distribute various inventory related reports, including but not limited to, gross margin, inventory, store receipts, store contribution and inventory forecast. Reporting includes providing variance insight and explanation vs budget, prior forecast and LY.
Lead the annual inventory and gross margin budgeting process by store. Work closely with business partners to solicit inputs including sales, receipts, shrink and markdown rates. Analyze results by store regions for anomalies. Identify business drivers for variances including changes in trends and/or company plans.
Evaluate internal reporting and make recommendations regarding improvements in timeliness, efficiency, and accuracy of existing reporting procedures.
Participate in systems implementations including requirements documentation and testing.
Support Month-end close or Physical Inventory as needed by providing analysis that support journal entries or aid in the variances explanations.
COMPETENCIES:

Analysis and judgment
Attention to detail
Business Acumen
Commitment
Planning and Organization
Adaptability
Technical Skills
Communication
QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:

BS degree, preferably in Finance or Accounting
Minimum 3 years of related experience in an analytical role
Retail and inventory experience a plus
Strong analytical ability – must be able to synthesize data, be able to error check and reconcile own work and be able to design analysis to answer specific questions
Strong excel and word skills, as well as ability to learn multiple back end software applications (i.e. MicroStrategy, Hyperion, Peoplesoft Financial Systems)
Ability to interact with all levels within the organization and handle matters professionally
Excellent oral and written communication and interpersonal skills.

PHYSICAL REQUIREMENTS/ADA:

Job requires ability to work in an office environment, primarily on a computer.
Requires sitting, standing, walking, hearing, talking on the telephone, attending in-person meetings, typing, and working with paper/files, etc.
Consistent timeliness and regular attendance.
Vision requirements: Ability to see information in print and/or electronically.

SUPERVISORY RESPONSIBILITIES:

None

DISCLAIMER:

This job description is a summary of the primary duties and responsibilities of the job and position. It is not intended to be a comprehensive or all-inclusive listing of duties and responsibilities. Contents are subject to change at management’s discretion.

Ross is an equal employment opportunity employer. We consider individuals for employment or promotion according to their skills, abilities and experience. We believe that it is an essential part of the Company’s overall commitment to attract, hire and develop a strong, talented and diverse workforce. Ross is committed to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), veteran status, military status, marital or registered domestic partnership status, medical condition (including cancer or genetic characteristics), genetic information, gender, gender identity, gender expression, sexual orientation, as well as any other category protected by federal, state or local laws.

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