Director, Acquisitions

Loblaw Companies Limited; Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

A leading company in the retail pharmacy sector is seeking a Director of Acquisitions. This role involves strategic planning and execution of acquisitions, collaborating with various teams, and mentoring staff. The ideal candidate will have extensive experience in business development and strong leadership skills. Join to contribute to the company's growth and success in a dynamic environment.

Benefits

Discounts

Competitive pay

Online learning through Academy

Qualifications

• 10+ years in strategy or business development within healthcare, pharmaceuticals, or retail pharmacy.
• Experience adding transformational value to organizations and projects.

Responsibilities

• Assist field acquisition colleagues with maintaining a pipeline of opportunities.
• Analyze complex data related to acquisitions and divestitures to determine strategic fit.
• Coach, mentor, and review work of staff and analysts.

Skills

Leadership

Communication

Organizational

Education

University degree in business, economics, healthcare, pharmacy

Advanced degree

Tools

MS Office Suite

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 of Acquisitions is responsible for the day-to-day planning and strategy of acquisitions at Shoppers Drug Mart. The incumbent provides direction to real estate, finance, legal, and acquisition colleagues, developing sound processes, controls, and audit procedures to grow strategic acquisitions.

This role plays an important part in executing Shoppers' growth and expansion, working closely with senior leaders across the enterprise.

Job Overview & Responsibilities: In collaboration with subject matter experts from real estate and finance, the Director of Acquisitions has the responsibility to:

1. Assist field acquisition colleagues with maintaining a pipeline of opportunities.
2. Facilitate the process to purchase strategically important opportunities.
3. Report on the performance of all transactions to internal stakeholders.
4. Analyze complex data related to acquisitions and divestitures to determine strategic fit.
5. Work with M&A teams, operations, and other functions to increase value based on analysis and diligence.
6. Prepare reports and analyses on deal performance, risks, and trends.
7. Participate in due diligence reviews, providing detailed information and analysis.
8. Identify and optimize process improvements for acquired stores.
9. Support onboarding of new acquisitions, ensuring smooth transition and operations.
10. Develop and improve tools used in acquisition processes.
11. Coach, mentor, and review work of staff and analysts.

Qualifications:

• University degree in business, economics, healthcare, pharmacy, or related field; advanced degree preferred.
• Project Management experience (PMP preferred).
• 10+ years in strategy or business development within healthcare, pharmaceuticals, or retail pharmacy.
• Experience adding transformational value to organizations and projects.
• Strong organizational, leadership, and communication skills.
• Ability to work under pressure, manage multiple projects, and meet deadlines.
• Experience negotiating partnerships and managing contracts.
• Proficiency in MS Office Suite and ability to travel as needed.

Why work at Shoppers Drug Mart? Gain experience in the retail industry, enjoy benefits like discounts, competitive pay, and online learning through Academy. Take ownership of your work and contribute to community and customer care.

How You’ll Succeed: We seek authentic, trustworthy individuals who embody our values, are adaptable, and thrive in a fast-paced environment. If this describes you, apply today.

Employment Type: Full-time

Role Type: Regular

We celebrate diversity and are committed to inclusive hiring practices. Accommodation is available upon request for applicants with disabilities.

Note: If using Employee Self Service (ESS) on Workday, apply via Workday.