Manager, FP&A

Our values start with our people, join a team that values you!

We are the nation’s largest off-price retailer with over 2,000 stores, and a strong track record of success and growth. Our focus has always been bringing our customers a constant stream of high-quality brands and on-trend merchandise at extraordinary savings. All while providing a fun and exciting treasure hunt experience.
As part of our team, you will experience:

  • Success. Our winning team pursues excellence while learning and evolving
  • Career growth. We develop industry leading talent because Ross grows when our people grow
  • Teamwork. We work together to solve the hard problems and find the right solution
  • Our commitment to Diversity, Equity & Inclusion, and our community. We celebrate the backgrounds, identities, and ideas of those who work and shop with us because our differences make us stronger. We strive to be a positive force in our community.

Our Corporate headquarters are in Dublin, CA, we have 3 buying offices in key markets in New York City, Los Angeles, and Boston, and 7 distribution centers nationwide. With 2022 revenues of $18.7 billion, we are a Fortune 500 company who is committed to providing an inclusive work environment with continuous learning opportunities and development for our teams.

Come see what’s in store: https://jobs.rossstores.com/creative/about

GENERAL PURPOSE:

The Manager on the Corporate FP&A team will be responsible for driving long-term growth and financial results across the forecasting, reporting and long-term planning processes at Ross. This candidate will work cross-functionally with different business partners to deliver comprehensive financials and supporting analyses to senior leadership. The ideal candidate has a background in Finance, possesses strong analytical skills, and can partner effectively with all levels of stakeholders across the business. The Manager will report to the Sr. Director of Forecasting & Strategic Projects.

The base salary range for this role is $114,100 - $187,300. The base salary range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.

ESSENTIAL FUNCTIONS:

Forecasting

• Manage the weekly forecast process and prepare a comprehensive summary for executive review

• Understand the details / drivers behind key B&S (e.g., cash, inventory, AP) and P&L lines (sales, gross margin, etc.) and make/recommend adjustments to reflect updated information

• Engage with business partners to understand and explain all substantial forecast changes succinctly for senior leadership

• Support the CFO and Investor Relations team by providing forecasted financial statements, earnings guidance models, preparing materials for board preparation and earnings scenarios.

• Support the ongoing evolution of the forecasting process by leveraging Hyperion to automate and enhance existing processes.

Long Term Planning / Budgeting

• Provide analytic decision and process support for key long range financial forecasting and budgeting activities related to long term growth and profitability

Reporting / Ad-hoc analysis

• Prepare weekly, monthly, and quarterly financial reports including analysis of business performance, inventory levels, and balance sheet data

• Provide ongoing analytical support to influence strategic direction, guide investor relations activities, and inform senior management and Board level discussion

• Provide ad-hoc analysis for senior management whenever necessary, ensuring tight deadlines are always met.

COMPETENCIES:

People

• Building Effective Teams

• Developing Talent

• Collaboration

Self

• Leading by Example

• Communicates Effectively

• Ensures Accountability and Execution

• Manages Conflict

Business

• Business Acumen

• Plans, Aligns and Prioritizes

• Organizational Agility

With particular emphasis on the following specific position-related competencies:

• Results Driven

• Communication

• Analysis and Judgment

• Technical Skills

• Planning and Organization

• Adaptability

• Business Acumen

QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:

• Bachelor's degree required (preferably in an analytical field such as Finance, Economics, Accounting, etc.)

• CFA or MBA preferred

• Minimum 5-7 years post-college experience with demonstrated success at increasing levels of responsibility

• 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

• Excellent modeling ability - must have experience building financial models (ideally three-statement modeling) from scratch and be able to sense check end results

• Strong familiarity with core financial planning and analysis processes including budgeting, forecasting and financial control process design

• Strong Excel and PowerPoint skills, as well as ability to learn multiple back-end software applications (i.e. MicroStrategy, Hyperion, Peoplesoft Financial Systems, Flash Sales)

• Excellent communication skills - must be able to clearly communicate results and implications of analysis verbally and in writing

• Relationship building - needs to be able to build effective working relationships with a broad range of people across all levels of the organization

• Demonstrated ability to use discretion in handling highly sensitive confidential information

PREFERRED QUALIFICATION:

• Prior retail or related experience with understanding of the intricacies of a retail P&L and balance sheet including margin, store and supply chain cost drivers. The ideal candidate will also preferably understand and appreciate the nuances and financial operating requirements of an off-price, low-cost retail operator.

PHYSICAL REQUIREMENTS/ADA:

This role requires regular in-office presence, including attending in-person team interaction, meetings and collaboration, client support, mentoring, coaching, and/or feedback. However, this role can perform duties effectively using a combination of in-office and remote work. #LI-Hybrid

SUPERVISORY RESPONSIBILITIES:

N/A

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.