Financial Control Analyst
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.
Auldin is one of our Financial Control Analysts. He's responsible for preparing and analyzing weekly, monthly, and quarterly financial reports for use by Senior Management. He's also responsible for forecasting gross margin components and inventory levels. He maintains the accuracy of the stock ledger and general ledger accounts related to cost of sales and inventory.
When Auldin first joined us, we knew he shared our love of reporting and results. We just didn't know he had superpowers. You should see the spreadsheet he can create. It's seriously impressive!
This is Auldin. 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.
So what do you think? Like Auldin, are you one of us?
Now, if you were to come on board as one of our Financial Control Analysts, we'd ask you to do the following:
- Prepare in-depth analysis and/or validate reports which present actual and forecasted mark-on, markdowns, gross profit and inventory for use by various departments including Executives, Merchandise Buying, Merchandise Planning, Financial Planning and DC Operations.
- Prepare a number of weekly, monthly, quarterly reports that must be accurate and on time, as well as ad hoc reports.
- Assist in weekly compilation and entering of adjustments to the stock ledger.
- Assist in the preparation of year-end reports, ensuring accurate capture of pre/post inventory information, meeting extreme deadlines.
- Develop and prepare ad hoc reports on gross profit, inventory and open to buy as directed.
- Maintain the stock ledger and gross profit accounts in the general ledger for a $2 billion company.
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 must have at least 2 years experience in quantitative analysis with a university degree in a quantitative/business field, such as Commerce, Economics, or Engineering.
- You have intermediate knowledge of and ability to apply retail accounting methods in the calculation of gross margin and inventory values, assets and liabilities, credits and debits.
- You understand inventory control procedures/systems, such as calculating the Company's inventory needs and priorities based on information gathered and criteria established, etc.
- You have advanced computer skills in data management, (spreadsheets including macros); database applications and tools(Access, Applix, TM1,OnDemand and Monarch); word processing, e-mail and mainframe applications (i.e. IMSP, Lawson Financials).
- You are highly skilled in issue management, time management, conflict management, interpersonal communication, and decision making.
- You have strong research and analytical skills (information gathering and data analysis).
- Your communication skills include written (reports, analyses, etc.), and verbal (communicating regularly with Merchandising department).
- Your problem-solving skills including identifying and resolving problems related to inventories and reports and following up with appropriate people and departments (i.e. delays, inaccuracies, etc.).
- Your organizational skills (include the ability to prioritize), which includes ensuring that all reports and tasks are completed meeting the established deadlines.
- 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.