Sr. Financial Analyst (Purchasing)

GENERAL PURPOSE:

The Sr. Financial Analyst will be responsible for weekly capital and expense tracking, reporting, budget and forecast planning, monthly/yearly accruals, accounts payable reconciliation, and ad-hoc analyses. This role is responsible for aggregating and reporting expense and capital expenditures for the Corporate Purchasing team. The Sr. Financial Analyst will report to the Director, Purchasing but will interact frequently with other Managers, Sr. Director and the Group Vice President of Strategic Sourcing.

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 for variances to budget and forecast.
Lead the annual budgeting process for expense and capital budgets – work closely with managers and business partners to solicit inputs and analyze results. Align closely with Store Operations Finance (FP&A) throughout the process.
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.
Prepare and submit weekly, monthly, quarterly and year-end financial reports, including analysis of spend performance.
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
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).
5-7 years of prior 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, Word, PowerPoint and Hyperion, as well as ability to learn multiple software tools such as PeopleSoft ERP, MicroStrategy, Coupa.
Strong analytical skills - accuracy, timeliness and attention to detail.
Ability to multi-task, prioritize, work independently in a fast-paced retail environment.
Strong 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.

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