Financial Analyst - Cash Management

Loblaw Companies; Winnipeg; On-site; CAD 65,000 - 95,000; Full time

Job summary

Loblaw Companies Limited is seeking a Finance Analyst to join the Enterprise Business Services office. You will be part of the Cash Management team, handling payments, forecasting, reporting and daily payment runs.

The role requires strong analytical skills, accuracy and confidentiality in processing cash transactions. Ideal candidates will have 3+ years of finance experience, knowledge of cash management principles, and proficiency with Power BI and SAP.

Qualifications

• 3+ years of relevant industry experience or equivalent education and experience.
• Knowledge of cash management, banking, and treasury best practices.
• Strong presentation and written communication skills.
• Experience with Power Query, Power BI, and data modelling preferred.
• SAP experience would be an asset in production and testing environments.

Responsibilities

• Manage daily cash flows, payments validation, and processing.
• Coordinate with FP&A and Treasury on cash forecasting and reporting.
• Develop and maintain standard operating procedures for finance processes.
• Collaborate with Accounting & Controls on cash management audit practices.
• Support data-driven finance initiatives and process improvements.

Skills

Cash management

SAP

Power BI

Data modelling

Forecasting

Excel

Attention to detail

Independent work

Education

Bachelor's degree in Finance or related

Tools

Power Query

Visio

Job description

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.

Get ready to dive into an exciting adventure! Picture yourself as the newest member of our talented finance team at the Enterprise Business Services office. As the Finance Analyst, you'll be part of the Cash Management team. Our team handles all things cash – from paying vendors to system configuration, processing large-scale PAD transactions, and working closely with Loblaw IT to ensure important payment processes are configured and operating smoothly.

The Finance Analyst will support the day-to-day management of incoming and outgoing payments, ensuring transactions are accurately validated, processed, and released in a timely manner. The role will also support cash forecasting, reporting and analysis, and the administration of daily payment runs. The ideal candidate is highly organized, analytical, comfortable working with financial data, and understands the importance of accuracy, controls, confidentiality, and meeting daily deadlines.

At the heart of our team is a readiness for change, which we harness to our advantage. We're known for our nimble nature, consistently seeking ways to optimize processes and enhance productivity. Technology isn't just a tool for us; it's the cornerstone of our approach.

The vision for this role is to have the Financial Analyst coordinating closely with Management, to understand the full flow of cash within an organization of this size. With this close collaboration, you will have a fantastic opportunity to develop your finance skills and help our finance teams continue going down the journey of data-driven excellence.

Interested? Here’s what this role entails!

Responsibilities may include, but are not limited to:

• Working with technical SAP system processes and payment runs. Ensuring a wide range of payment methods (EFT, Cheque, Wire, PAD) are processed and validated in a timely manner.
• Working closely with our internal technical teams, with a continuous improvement and process mapping mindset to make your life easier and reduce manual work.
• Working closely with Loblaw IT in SAP's test environments, ensuring data integrity, and playing a key part in downstream business processes working correctly.
• Working closely with our FP&A and Treasury groups in reporting cash accurately, developing models for cash forecasting, and working with large data sets.
• Developing standard operating procedures, develop sound finance processes, and flex your presentation skills in training/mentoring your fellow colleagues.
• Analyzing problems, understanding complex financial issues, and providing recommendations to management.
• Coordinating closely with our Accounting & Controls groups on audit best practices from a cash management perspective.
• Various other duties as required.

The candidates should possess the following skills:

• A minimum of 3+ years of previous applicable industry experience, or a combination of post-secondary education and experience will be considered.
• Knowledge of cash management, banking, and treasury best practices required.
• Strong presentation and written communication skills.
• Understanding of Power Query, Power BI, and data modelling is preferred.
• Understanding of financial forecasting methodologies is preferred.
• Previous experience in SAP would be considered an asset (production and testing environments).
• Demonstrated ability to analyze processes, develop efficiencies and initiate constructive solutions.
• Demonstrated ability to work independently and coordinate with a team.
• Advanced experience with spreadsheet applications, word documents and email (office suite), Power Point, Visio.
• Demonstrated ability to piece together complex financial information and understand how processes flow into each other.

Our commitment to Sustainability and Social Impact is an essential part of the way we do business, a