Financial Analyst

GENERAL PURPOSE:

The Financial Analyst will manage core financial processes and lead critical financial analysis for the Store Operations corporate team that supports Ross and dd’s Discounts. The Financial Analyst will report to the Supervisor of Store Operations Finance. This position will manage financials for Store Operations, working to ensure fiscal responsibility and efficiency are maintained through our budgeting, planning, monthly close, and forecast processes. This position will be required to regularly partner and interact with the leadership teams for both Store Operations and Store Finance.

ESSENTIAL FUNCTIONS:
  • Perform critical store capital/expense reporting, tracking and reconciliation on an ongoing basis and serve as the point person for store expense questions.
  • Partner closely with budget owners to understand and advise on timing of cash flows and to ensure project costs are reflected accurately in the forecast.
  • Reconcile and submit capital forecast changes on a monthly basis for both new store and existing store budgets.
  • Perform in-depth variance analysis in Excel and Access and to understand and explain significant differences in actuals vs. budget and prior forecast.
  • Prepare executive reports and presentations for review and submission. Present variance explanations and financial risks in executive review meeting. Assist team with obtaining funding when budget overages or risk exist.
  • Prepare and validate accruals, analyze open commitments for accuracy, and process general ledger entries to re-class costs.
  • Review and submit the team’s capital CER’s (Capital Expenditure Requests), including asset write off analysis and ROI analysis as required.
  • Assist in the creation of the Store Operations annual budgets and 5-Year Plan 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. Populate and extract data in Hyperion (budgeting application).
  • Serve as a trainer for project managers to understand financial processes and forecasting best practices. Provide financial support with account reconciliation and variance analysis. Provide training as needed on an ongoing basis.
  • Assist in creating standard documentation of financial processes and templates that will increase efficiency of finance department.
  • Complete ad hoc analysis as requested to answer questions regarding store performance, expense trends and other items. Design and execute analysis to answer ad hoc questions using Excel and MicroStrategy. Summarize analysis to provide clear answers to questions and communicate results to executive leadership.
COMPETENCIES:
  • Analysis and Judgment
  • Communication
  • Business Acumen
  • Drive for Results
  • Solid Decision Making
  • Problem Solving
  • Planning and Organizing
  • Customer Focus
QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:
  • Requires college degree, preferably with focus in Accounting or Finance.
  • Prefer 1-3 years prior work experience; financial or operations planning & forecasting highly desirable.
  • Understanding of budget preparation and variance analysis. Ability to reconcile forecast in detail to general ledger.
  • Detail oriented, with a strong emphasis on accuracy and timeliness.
  • 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.
  • Ability to cope with pressure, multiple tasks, deadlines and rapidly changing priorities.
  • Build relationships with a wide variety of internal contacts. Ability to effectively communicate and partner with multiple levels from peer to Senior Leaders.
  • Advanced Microsoft Excel (vlookups, pivot tables, etc.). Proficient with Microsoft Word, PowerPoint, and Access Database (desirable, but not required).
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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