Sr.Analyst, Store Finance (Store Payroll and Operations)

GENERAL PURPOSE:


The Store Payroll and Operations Senior Analyst is an integral part of the Store Finance team and will be responsible for facilitating the Store payroll budgeting process. The Senior Analyst will be responsible for providing critical Store payroll and expense tracking and producing financial and operational reports to Stores teams, and will complete ad hoc analysis as required. The Senior Analyst will interact with various levels of leadership and work closely with other Analysts. The position will also require the Senior Analyst to establish successful partnerships with the Stores field organization and all facets of the organization including tax, legal, payroll, benefits, HR, Transportation/DCs, and New York Buying Office depending on the nature of the issue.


ESSENTIAL FUNCTIONS:


Facilitate and prepare annual budgets and 5-year plans for Store payroll


Participate in the 5-year and annual payroll budgeting processes by understanding business priorities and drivers of activities and costs and using that information to build budget models that accurately predict levels and timing of costs

Accurately forecast volume drivers by store for the annual budgeting plans (e.g., store sales, store receipts, transactions, inventory, markdowns etc.) This entails coordination with NYBO, Transportation and Distribution Centers

Maintain store-level wage rates model, updating as needed, and accurately forecast the impact of any Company-wide, state or store level wage increases, throughout the year and during the 5-year and annual payroll budgeting processes.


Manage Security payroll from end-to-end


In addition to the preparing the 5-year plan and annual budget for security payroll, develop store-specific monthly budgets and hours plans. Communicate plans to stores.

Prepare weekly reporting on variances to hours plans and distribute to Loss Prevention field organization and executive leadership. Proactively identify potential issues or challenges

Compile and track any change requests from the Loss Prevention field organization for security coverage in stores, partnering with Shortage Control to evaluate any requests. Shepherd requests through the approvals process.

Provide support for daily, weekly and monthly payroll processes


Lead the monthly and quarterly close processes for store payroll. Analyze monthly, quarterly and yearly payroll variances to budget and formulate explanations of payroll spend for Finance. In addition, generate monthly and quarterly board schedules.

Be the primary backup in the absence of other team members for daily payroll status reporting, weekly executive payroll reporting, bi-monthly reconciliation processes of Store payroll plan system (DART) and the PeopleSoft Payroll / General Ledger systems, and monthly payroll allocation process (understand all of the inputs and steps required to complete the allocation including running PlanStaff model and loading payroll plans into DART)


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 as needed regarding store performance, sales trends, and other items using Excel, Hyperion, and MicroStrategy

Summarize analysis to provide clear answers to questions and communicate results to executive leadership. Provide recommendations as needed


COMPETENCIES:


Process Management

Problem Solving

Drive for Results

Learning on the Fly

Planning and Organizing

Analysis and Judgment

Written Communication

Adaptability


QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:


Bachelor’s degree required (preferably in an analytical field)

3-5 years post college experience (within a retail company or within a financial analysis and planning group)

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

A detail oriented approach – must pay close attention to the details and have the drive to get things right

High comfort level working in ambiguous, rapidly changing environments and ability to manage multiple projects simultaneously

Trustworthy with confidential financial information

Excellent communication skills. Ability to effectively interact with business partners autonomously and with confidence

Entry level project management skills desired

Advanced user of Microsoft Excel (vlookups, pivot tables, etc.) required. Proficient with Microsoft Word and PowerPoint.



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.