Senior Financial Analyst (Purchasing)

GENERAL PURPOSE:

Ross Stores, Inc. is the fast-growing off-price retailer that can’t be missed. We’re taking the off-price retail industry by storm by delivering the best branded bargains to our customers across the nation. You will be part of making that happen. Your role will be responsible for a P&L that spans across several key areas of our business. This role includes weekly capital and expense tracking, reporting, budget and forecast planning, monthly/yearly accruals, accounts payable reconciliation, 5-year planning and ad-hoc analyses. This role is also responsible for aggregating and reporting expense and capital expenditures for the Corporate Purchasing team. The Sr. Financial Analyst will report into Corporate Purchasing, with high visibility and engagement with Directors, VP/SVP. This position will have frequent opportunities to interact and present to multiple suppliers, internal stakeholders and executive management. You will have a direct influence in high dollar value financial analysis and decision making and you will have the opportunity to make an impact immediately. As a result, we are looking for a details oriented, driven individual with high growth potential. Should you be up for stretching yourself, participating in our growth story, and driving towards quality results while working in our learning-driven humble culture, this is the opportunity for you.

ESSENTIAL FUNCTIONS:

• Drive the monthly forecasting process to aggregate, report and understand the expense and capital forecasts for stores and corporate partners.

• Maintain and track weekly spend, with clear financial explanations and insight for variances to budget and forecast. Prepare and submit weekly, monthly, quarterly and year-end financial reports, including analysis of spend performance.

• Lead the annual budgeting process for expense and capital budgets – work closely with management, along with cross-functional finance partners.

• Prepare and review weekly, monthly financial forecast changes and accruals with Managers and Directors.

• Administration of the Hyperion system setup for each budget cycle, perform monthly validations to ensure financial reports match PeopleSoft ERP.

• Develop and track 5-Year Plans for both expense and capital expenditures.

• Plan, analyze and support complex procurement challenges – in areas specific to spend management, spend optimization, cost reduction, and efficiency opportunities.

• Manage vendor risk and obligation reports on a quarterly basis.

• Manage vendor risk submissions to Accounts Payable and Store Operations Finance.

• Perform ad-hoc requests and provide inputs to decks and presentations for executive communication.


COMPETENCIES:

• Drive Results

• Oral and Written Communication

• Business Acumen

• Collaboration/Teamwork

• Planning and Organizing

• Analysis and Judgment

• Adaptability

• Problem Solving


QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:

Bachelor’s degree required from an accredited university (preferably in an analytical/finance field).

• 2-3 years of prior work experience in a Supply Chain or Procurement role, at least 5 years of total work experience; financial or operations planning & forecasting highly desirable.

• Strong financial and business acumen – must be able to synthesize data, error check, and reconcile own work and design analyses to present to leadership.

• Proficient in Excel (vlookups, pivot tables, ability to use formulas to link spreadsheets to extract info needed) as well as ability to learn new business process software applications (PeopleSoft, Access, Hyperion, Microstrategy, Coupa)

• Strong analytical skills – accuracy, timeliness and attention to detail.

• Strategic planning experience; ability to apply that thinking to the 5-year budget planning process

• Ability to multi-task, prioritize, work independently in a fast-paced retail environment.

• Strong oral and written communication skills, ability to effectively interact and communicate inside and outside of the Department.


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.

'214904