Director, Finance, Loblaw Pharmacy

Loblaw Companies Limited; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading Canadian retail employer seeks a Director of Finance for its Pharmacy division in Toronto. This role involves financial analysis, budgeting, and strategic initiatives, requiring 6-8 years of experience in finance and strong leadership skills. Candidates should hold a relevant degree and preferably a CPA-CMA or MBA. The position offers a collaborative work environment and commitment to employee development.

Benefits

Comprehensive training

Flexible work arrangements

Competitive benefits

Qualifications

• 6–8 years of relevant experience in business or financial analysis.
• 4–5 years of supervisory/management experience.
• Strong leadership and project management skills.

Responsibilities

• Provide reporting and ad-hoc analysis for the Pharmacy department.
• Conduct detailed P&L review and present results to management.
• Analyze sales and prescription counts for improvement opportunities.

Skills

Business analysis

Financial reporting

Budgeting/forecasting

Leadership

Interpersonal skills

Education

Post-secondary education in Finance or related field

CPA-CMA or MBA

Job description

Director, Finance, Loblaw Pharmacy

Come make your difference in communities across Canada, where authenticity, trust and making connections is valued – as we shape the future of Canadian retail, together. Our unique position as one of the country's largest employers, coupled with our commitment to positively impact the lives of all Canadians, provides our colleagues a range of opportunities and experiences to help Canadians Live Life Well®. At Loblaw Companies Limited, we succeed through collaboration and commitment and set a high bar for ourselves and those around us. Whether you are just starting your career, re‑entering the workforce, or looking for a new job, this is where you belong.

This position plays a key role in the financial support and development of the Loblaw Pharmacy department within Loblaw Companies Limited. The successful candidate will be a true Business Partner and help drive weekly Pharmacy reporting and accountability, business analysis, budgeting, forecasting and the review of strategic initiatives. This individual will have direct interactions with the VP of Pharmacy Operations and will also work closely with the Sr. Directors and Directors supporting Pharmacy Operations.

What you’ll do:

• Provide day-to-day reporting and ad-hoc analysis for the Pharmacy department.
• Manage the period end close process and conduct detailed P&L review, which includes thoroughly reviewing and analyzing financial performance and presenting results to Senior Management at Shoppers Drug Mart and Loblaws.
• Analyze weekly and periodic sales and prescription count trends to identify early warning indicators of potential problems and/or opportunities for improvement.
• Partner with the Pharmacy Operations team to provide value‑added analysis and recommendations to help them better understand drivers, trends, and their overall financial position.
• Gain an understanding of the current pharmacy operations processes and provide recommendations on improvements (i.e., Inventory count process, AR and Payment processes, etc.).
• Liaise with other functional areas (Finance, Pharmacy Planning, Operations, Labour Management and Human Resources) to co-ordinate cross-functional analysis and data accumulation.
• Support Pharmacy growth/savings initiatives and other ad hoc projects by providing financial analysis and recommendations.
• Lead the preparation, review, and analysis of the annual store-level operating budget process and periodic forecasting process, and present results to Senior Management and the Pharmacy Operations teams.
• Be the subject matter expert and Finance representative of Loblaw Pharmacy Finance in meetings with the Business and Operations. Drive collaborative cultural change and awareness by building working relationships based on trust, and improving collaboration within portfolios.
• Manage business expectations, and setting priorities as appropriate.
• Mentor and coach team members in achieving their goals and IDPs, provide feedback and address any performance issues.
• Develop strong cross-functional partnerships and relationships to support key critical initiatives as needed.
• Assist with ad-hoc and cross-functional projects and initiatives as required.
• Building and leading diverse teams that foster a workplace of inclusiveness and belonging.

What you bring:

• A post-secondary education in Finance or related field is required; experience working in a fast-paced environment, particularly corporate and/or retail will be considered an asset.
• Professional Finance Designations such as CPA-CMA or MBA preferred.
• The ideal candidate will possess a minimum of 6–8 years of relevant experience which includes business or financial analysis, budgeting/forecasting, and financial reporting.
• 4–5 years of supervisory/management experience.
• Excellent interpersonal skills, ability to bring together and manage interactions with employees from across the organization.
• Strong leadership and project management skills with proven ability to work well with people and deliver objectives on time and within budget.
• Strong eye for business, with an ability to focus on continuous improvement.
• Experience with Business support and partnering, an asset.
• A change agent who can influence and get people on side. Able to make sound and timely decisions in an environment characterized by a high level of complexity and continual change.
• Must collaborate and relate well to people with diverse personalities and styles, and is able to manage up, down, and across the organization using tact and diplomacy.
• Excellent written and communication skills. Must have experience and be comfortable with presenting results to Senior Management.
• Pharmacy or grocery industry experience would be an asset.

Our commitment to Sustainability and Social Impact is an essential part of the way we do business, and we focus our attention on areas where we can have the greatest impact. Our approach to sustainability and social impact is based on three pillars – Environment, Sourcing and Community – and we are constantly looking for ways to demonstrate leadership in these important areas. Our CORE Values – Care, Ownership, Respect and Excellence – guide all our decision-making and come to life through our Blue Culture. We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits – these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.

If you are unsure whether your experience matches every requirement above, we encourage you to apply anyway. We are looking for varied perspectives which include diverse experiences that we can add to our team. We are committed to creating accessible environments for our colleagues, candidates and customers. Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.

Please Note: Candidates who are 18 years or older are required to complete a criminal background check. Details will be provided through the application process.

We are still accepting applications.