Director, Acquisitions

Loblaw Advance; Toronto; On-site; CAD 156,000 - 196,000; Full time

Job summary

Loblaw Advance seeks a Director of Acquisitions to lead strategic growth initiatives at Shoppers Drug Mart. This role involves managing acquisition processes, analyzing business opportunities, and collaborating with senior leaders. Candidates should have extensive experience in business development and strong leadership skills.

Benefits

Competitive pay

Purchase discount program

Qualifications

• 10+ years experience in strategy and business development roles.
• Experience in healthcare, pharmaceutical, or retail pharmacy sectors.
• Proficient in managing multiple projects and deadlines.

Responsibilities

• Responsible for the day-to-day planning and strategy of acquisitions.
• Analyze complex data related to acquisitions and divestitures.
• Prepare analysis for weekly/monthly/quarterly reporting.

Skills

Strategic Planning

Team Leadership

Data Analysis

Project Management

Communication

Education

University degree in business, economics, or healthcare

Advanced degree preferred

Tools

MS Office

Job description

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Location:

243 Consumers Road, Toronto, Ontario, M2J 4W8

At Shoppers Drug Mart, we’re innovating health and wellness in Canada. From prescriptions to walk-in clinics, and a beloved loyalty program, we’re caring and supporting our customers in new ways every day.

With more than 1,300 locally owned and operated stores from coast to coast, the Shoppers Drug Mart network is more than a great place to shop, it’s a great place to work. We’re committed to building our talented team who champion collaboration, kindness and inclusivity. Join our team, and help recognize a healthy future for your career and for all Canadians.

Why this role is important?

Reporting to the Senior Director, Acquisitions & Business Development, the Director Acquisitions is responsible for the day-to-day planning and strategy of Acquisitions at Shoppers Drug Mart. The incumbent is responsible for providing direction to real estate, finance, legal and acquisition colleagues, to name a few, in developing sound processes, controls, and audit procedures that grow and expand strategic acquisitions in the company.

This role will play an important role in executing the growth and expansion Shoppers, working closely with senior leaders across the Enterprise.

Job Overview & Responsibilities

In collaboration with our subject matter experts from real estate and finance, the Director, Acquisitions has the responsibility to:

• Assist field acquisition colleagues with maintaining a pipeline of opportunities
• Facilitate the process to purchase strategically important opportunities
• Report on the performance of all transactions to various internal stakeholders
• Analyzes complex data related to select acquisitions and divestitures and determine the financial, operational and strategic fit within Shoppers
• Works with M&A team members, operations, and functional areas to increase value by making recommendations based on value drivers and value destroyers discovered during analysis and diligence of these strategic transactions.
• Prepares analysis to support weekly/monthly/quarterly reporting and post deal analysis to provide recommendations to both team members and operations with regards to tracking deal close milestones, including IT and Operational activities
• Monitor and evaluates the performance of acquisitions to ensure that business and commercial targets are being achieved and incorporated into future strategic planning
• Prepares presentations on historical deal analysis, trends, risk and returns
• Participates in due diligence reviews and provides detailed information and analysis from potential stores to be acquired including key facts/risks for discussion and mitigation as required
• Proactively identifies, prioritizes and optimizes process improvements of acquired stores
• Provides onboarding support for the first few weeks of acquisitions to ensure transition and conversion activities from a pharmacy systems and operations perspective is achieved
• Develops, maintains and continuously improves tools used in acquisition processes
• Coaching, mentoring, and training staff including reviewing work of other analysts, including field reps
  
  

Qualifications

• University degree in business, economics, healthcare, pharmacy or related field with an advanced degree preferred
• Project Management experience required (PMP an asset)
• 10+ years experience in strategy and/or business development roles within large, fast-paced organizations in healthcare, pharmaceutical and/or retail pharmacy
• Demonstrated experience adding transformational value to businesses, projects and teams
• Proactive and self-driven with a high degree of discipline and organizational skills is required to manage numerous overlapping projects and deadlines.
• Superior organizational and time management skills with a strong attention to detail.
• Demonstrated experience with leading teams and organizing diverse functions to drive key business results
• Proficient at delivering results in high-pressure, high-stakes environments with the ability to set priorities and meet multiple challenging deadlines at the same time
• Strong thought leadership, intuition for business, tact and influence to lead in a matrix environment and work with diverse personalities and styles
• A creative thinker who is comfortable working with ambiguity, ability to multi-task, prioritize workload and work in a fast paced environment
• Experience negotiating partnerships and managing contracts and partner relationships with effectiveness
• Superior verbal and written communications skills to effectively synthesize and present persuasive presentations/documents at the Executive level and create agreement at all levels of the organization
• Advanced computer skills required in MS Office (Excel, Word, PowerPoint, Teams, SharePoint, Outlook, etc.)
• Ability to travel, when needed
  
  

Why work at Shoppers Drug Mart?

Acting as consultants, supporting internal customers and the Associate-Owners, you will get experience unique to the retail industry while working for an award-winning national brand. Benefit from a purchase discount program, competitive pay and online learning through Academy.

Take ownership of your work and find more ways to care about your work, co-workers, customers and community.

How You’ll Succeed

At Shoppers Drug Mart Inc., we seek great people to continually strengthen our culture. We believe great people model our values, are authentic, build trust and make connections.

If that sounds like you, and you are open-minded, responsive to change and up to the challenges provided in a fast-paced retail environment, apply today.

Employment Type

Full time

Type Of Role

Regular

Shoppers Drug Mart Inc. recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired.

In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.

Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.

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Seniority level

• Seniority level

  Director

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

• Industries

  Retail

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