Financial Analyst (LP)

GENERAL PURPOSE:


The Financial Analyst will manage core financial processes and lead critical financial analysis for the Loss Prevention team that supports Ross and dd’s Discounts. The Financial Analyst will report to the Finance Manager. This position will be required to regularly partner and interact with the leadership teams for both Loss Prevention and Store Finance. The Financial Analyst will lead and manage the financials for Loss Prevention new stores, existing stores & expense budgeting and planning processes. The Financial Analyst will also manage daily sales reporting to Store Operations executives.



ESSENTIAL FUNCTIONS:

  • Lead the capital and expense forecast, reporting, and reconciliation processes for LP.
  • Partner with budget owners to ensure project updates are reflected accurately in forecast.
  • Prepare and validate journal entries (accruals & re-classes) and analyze open commitments for accuracy.
  • Monitor, research, and explain variances in actuals vs. budget and prior forecast.
  • Prepare financial reporting and share with Store Finance & LP leadership as needed.
  • Manage the department’s capital CER’s (Capital Expenditure Requests), including asset write off analysis and ROI analysis as required.
  • Lead the 5-year and annual budgeting processes by understanding the business drivers and using that information to categorize and build budget models that accurately predict costs and timing of spend. Identify budget risks and cost offsets and summarize in a concise format.
  • Compile and distribute daily sales reporting information to Store Operations Leadership team.
  • Compile and distribute daily sales reporting information to Store Operations Leadership team.
  • Provide financial support through ad hoc analysis to support Store initiatives that improve store security and Loss Prevention financial performance (e.g., identify false alarm financial opportunities, etc.). Complete other ad hoc analysis and special projects as assigned.
  • Train and support business partners and other partners in finance on financial processes and forecasting best practices.
  • Develop and maintain effective process documentation that others can use to complete this role’s deliverables and responsibilities as needed.
  • Support other partners in Store Finance and understand their roles & responsibilities, acting as a back-up when needed.

COMPETENCIES:

  • Problem Solving
  • Communication
  • Decision Quality
  • Process Management
  • Dealing with Ambiguity
  • Drives Results
  • Customer Focus
  • Planning & Organizing

QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:

  • Bachelor’s degree required (preferably in an analytical field).
  • Prefer 1-3 years of relevant work experience, with planning and forecasting experience desirable.
  • Expertise with Microsoft Excel (vlookups, pivot tables, etc.).
  • Strong analytical ability - the candidate should be able to synthesize data, error check, and reconcile work product.
  • Strong written and verbal communication skills with a customer focused, professional demeanor.
  • Ability to deal effectively with pressure, multiple tasks, deadlines and rapidly changing priorities.

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


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