TJX Canada/Winners Merchants International, L.P.

This job is no longer available.

Financial Analyst

Mississauga, Ontario
Entry Level, Early Career

Here at TJX Canada, we strive our hardest to make sure that, every day, our customers are able to find the latest and greatest designer brand names for less than they'd pay elsewhere. When they walk through the doors of our stores, whether it's a Winners, HomeSense, or Marshalls, savvy shoppers know they'll experience the "Thrill of the Find," which, if you're curious, feels like a slight breeze blowing over the surface of your skin-not a bad feeling, if we do say so ourselves.

But you're not here to feel the breeze. You're here to see if working with TJX Canada is right for you. To help with your decision, we'd like to introduce you to someone who once faced the same choice you have to make.

Meet Anthony.

Anthony is one of our Financial Analysts. He's responsible for supporting the Finance and Merchandise Planning & Analysis departments by preparing and analyzing all aspects of gross margin and inventory results.

Anthony came to us shortly after earning his MBA. We knew he had a few years of experience working in finance. But we weren't expecting him to be such a wizard with spreadsheets. Within his first week, he taught us features we didn't even know existed. And we haven't stopped learning from him since.

This is Anthony. He is one of us.

If you do decide to apply for this position, and we agree that this is the right job for you, you'll be supported by a plethora of internal programs whose only focus is the continued progress of your career. At TJX Canada, we do everything we can to help you achieve your full potential. But we can't do it all ourselves. You'll need to bring the ambition, the motivation, and the drive.

Now, if you were to come on board as one of our Financial Analysts, we'd ask you to do the following:

  • Prepare and publish weekly and monthly margin and inventory stats, including mark on%, markdowns and shrink for use by Senior Management.
  • Prepare month-end/year-end gross margin and inventory reports, perform variance analysis and prepare internal/external executive summaries/packages.
  • Participate in the annual and long-range planning and monthly rolling plan processes by adhering to tight timelines and forecasting the gross margin components and inventory levels through effective analysis of historical information and partnering with various business/functional areas, such as Merchandise Payables, Business Planning & Analysis, Logistics etc.
  • Perform analysis to identify, interpret, and communicate risks and opportunities related to gross margin and inventory in a timely manner.
  • Reconcile inventory balances between the general ledger and the stock ledger.
  • Participate in systems-related initiatives and issues impacting gross margin and inventory results and continuously seek ways to improve efficiency while ensuring integrity of results.
  • Develop and maintain databases and mainframe downloads to enhance manipulation of data and subsequent analysis.
  • Develop ad hoc reports on gross margin and inventory to support business needs.

Sounds rather challenging and exciting, right? Let's hope so, because if it sounds easy or boring, there's a good chance this job isn't for you. But if it does sound right for you, here's why we know you'll be able to handle those challenges:

  • You have at least two years of experience in financial analysis, preferably in inventory/gross margin and in a retail industry.
  • You have post-secondary education in a related field, such as commerce, economics, and mathematics; plus, you are working toward a business-related designation, such as CPA, MBA, or equivalent.
  • You have the ability to apply an intermediate knowledge of retail accounting integrated with a basic knowledge of the retail environment.
  • You are a self-starter with strong verbal and written communication skills.
  • You have advanced knowledge of MS Excel, in particular the analysis and features of these programs.
  • You have knowledge of database design/manipulation concepts and proven analytical skills.
  • You have the ability to work in a detail-oriented, multi-project environment while meeting tight and fixed timelines.
  • You have the ability to work independently and estimate time required to complete projects.
  • You follow up on assignments and keep appropriate team members informed of progress.
  • Your customer service skills include efficiently and effectively responding to inquires or resolving any conflicts or problems that might arise.

We know some of that might sound a little daunting, but if we're going to meet and exceed our promises to our customers, we have to be committed to hiring the best person for the job.