Senior Financial Analyst - Margin Accounting
Canadian Tire Corporation · Toronto, Ontario, Canada · CA$64K–CA$106K/yr
Retail · 10,001+ employees
About the role
The Senior Financial Analyst will partner with cross-functional teams to evaluate and account for new business initiatives, contracts, and programs. The role is responsible for analyzing revenue and cost of sales, managing month-end close activities, and ensuring accurate financial reporting in accordance with accounting standards.
What they look for
Requirements
Candidates must hold a CPA designation and a university degree in Business, Finance, or Accounting. A minimum of 4 years of experience in a medium or large company accounting department is required, along with expertise in IFRS.
Benefits
Full description
What You’ll Do:
Reporting to the Manager of Margin Accounting, this role provides unique insight into Canadian Tire’s retail banners, key business initiatives, and financial results. The Senior Financial Analyst will partner with cross-functional teams to ensure new programs, contracts, and business initiatives are appropriately evaluated and accounted for. The role is responsible for analyzing revenue and cost of sales, investigating trends and anomalies, supporting complex accounting assessments, and ensuring accurate financial reporting in accordance with accounting standards and company policies. Success in this position requires strong analytical and technical accounting skills, sound business judgment, and the ability to manage multiple priorities in a dynamic environment.
- Serve as a key accounting partner for margin-related business initiatives across multiple banners, including Mark's, SportChek, PHL, Sports Experts, and PartSource.
- Provide accounting guidance and ensure appropriate treatment and policy decisions are applied to new programs, contracts, and business initiatives.
- Lead the development, maintenance, and enhancement of sales return provision models across multiple banners, analyzing trends, assumptions, and key drivers to ensure reserves are appropriate and supportable.
- Manage accounting for royalty arrangements across multiple banners, ensuring accurate financial recognition and reporting in accordance with contractual terms and accounting standards.
- Support month-end close activities, including the review of journal entries, account reconciliations, and financial analysis.
- Ensure the timely and accurate completion of all recurring financial reporting and deliverables.
- Report financial results, explain significant variances to prior year, budget, and forecast, and provide updates on key initiatives.
- Monitor and execute all key controls.
- Effectively manage communications and relationships with business partners, Accounting, FP&A, Tax, and internal/external auditors.
- Participate in or lead a variety of ad hoc analyses, projects, and business initiatives as assigned by the Manager.
What You Bring:
- CPA designation.
- University degree in Business, Finance, or Accounting.
- Minimum 4 years’ experience in a medium/large company accounting department or accounting firm.
- IFRS expertise, including experience researching and developing accounting position documents.
- Strong problem-solving, analytical, and strategic thinking skills, with the ability to see the “big picture” in a complex business environment.
- Natural curiosity to understand the reason behind transactions.
- Strong interpersonal and communication skills with a demonstrated ability to build and maintain strong relationships.
- Ability to thrive in an environment that is responsive to changing business requirements.
- Excellent attention to detail.
- Advanced PC skills, including Microsoft Excel, Word, and PowerPoint.
- Familiarity with internal and external audit processes.
- Working knowledge of PeopleSoft, Hyperion Financial Management (HFM), and Copilot is an asset.
- Broad knowledge of the chart of accounts and internal controls is an asset.
- Experience in delivering timely and accurate financial reporting and analysis.
Location: Toronto, Ontario (Hybrid: In-office 4 days a week)
We’re always looking for great talent! In addition to competitive pay, we offer:
- Comprehensive benefits and retirement programs
- Performance incentives and continuing education programs
- Other perks to support your well-being
- Career growth opportunities and product discounts
Broadband Salary Range: $64,000 – $106,000 CAD. Our typical hiring range is between $64,000 and $85,000. Salary decisions are also dependent on other factors such as your experience, industry benchmarks, internal equity and other role-specific requirements. For critical roles, the compensation offering will be reviewed to ensure alignment with market rate and conditions and the unique value you bring to the role.
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This posting represents an existing vacancy within our organization.
We may use artificial intelligence tools as part of our recruitment process to assist in the initial screening of resumes. All hiring decisions, including candidate evaluation, selection, and disposition, are made by human recruiters.
About Us
Canadian Tire Corporation, Limited (“CTC”) is one of Canada’s most admired and trusted companies. With more than 90 Owned Brands, over 1,600 retail locations, financial services, exemplary e-commerce capabilities, and exciting market-leading merchandising strategies. We dream big and work as one to innovate with purpose for our customers at every level of our business, investing in new technologies and products, and doubling down on top talent to drive the company forward. We offer competitive salaries and wages to CTC employees, as well as store discounts, supported learning through our Triangle Learning Academy, Canadian Tire Profit Sharing, and retirement and savings programs for eligible employees. As part of our enhanced flex benefits program, we offer mental health benefits in the amount of $5,000 per year for benefits-eligible employees and their families, including total well-being, and mental health tools and resources for all employees. Join us in helping to make life in Canada better through living and working our Core Values: we are innovators and entrepreneurs at our core, outcomes drive us, inclusion is a must, we are stronger together and we take personal responsibility. It is an especially exciting time to join CTC and its family of companies where career opportunities are wide-ranging! Join us, where there's a place for you here.
Our Commitment to Diversity, Inclusion and Belonging
We are committed to fostering an environment where belonging thrives, and diversity, inclusion and equity are infused into everything we do. We believe in building an organizational culture where people are consistently treated with dignity while respecting individual religion, nationality, gender, race, age, perceived ability, spoken language, sexual orientation, and identification. We are united in our purpose of being here to help make life in Canada better.
Accommodations
We stand firm in our Core Value that inclusion is a must. We welcome and encourage candidates from equity-seeking groups such as people who identify as racialized, Indigenous, 2SLGBTQIA+, women, people with disabilities, and beyond. Should you require any accommodation in applying for this role, or throughout the interview process, please make them known when contacted and we will work with you to help meet your needs.