Financial Analyst, Inventory Accounting

Canadian Tire; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading Canadian retailer is seeking a Financial Analyst for the Inventory Accounting team in Toronto. The role involves preparing analyses, ensuring compliance with IFRS, and building relationships with business partners. Ideal candidates should have a degree in Accounting or Finance, a CPA designation (or working towards), and strong analytical skills. Competitive salary and benefits are offered in a diverse and inclusive work environment.

Benefits

Competitive salaries

Store discounts

Retirement and savings programs

Mental health benefits up to $5,000

Qualifications

• Minimum 2 years of experience in a medium/large company.
• Strong IFRS knowledge required.
• Detail-oriented with strong analytical capabilities.

Responsibilities

• Prepare analyses and reconciliations for inventory reporting.
• Ensure compliance with IFRS.
• Communicate with business partners and auditors.

Skills

Analytical skills

Communication skills

Problem solving

Time management

Interpersonal skills

Education

University degree in Accounting or Finance

CPA designation (or working towards)

Tools

Microsoft Excel

Oracle PeopleSoft accounting system

Hyperion Financial Management (HFM)

Job description

Overview

What you’ll do

Reporting to the Manager, Inventory Accounting, this position provides unique insight into the enterprise inventory accounting process for CTC. The Financial Analyst, Inventory Accounting is an essential part of the Accounting team and will gain experience establishing relationships with key clients across Finance and Business groups to ensure business initiatives are accounted for appropriately. Your technical expertise and analytical skills are critical for success, as is your ability to communicate and collaborate while undertaking multiple projects and deadlines.

Responsibilities

• Prepare significant analyses, entries, and reconciliations as part of the monthly financial reporting process for enterprise inventory, shrink, foreign exchange and obsolescence provisions
• Ensure the financial results are in compliance with IFRS and provide accurate and timely reports and analysis to management on a monthly basis
• Launch investigations, analyze significant variances, key metrics and business trends and present findings to Senior Financial Analyst and Manager
• Analyze and implement the impact of business contracts and/or regulatory and accounting changes to processes and controls
• Understand and execute accounting and reporting models and processes
• Effectively communicate and build relationships with business partners, accounting, and internal and external auditors
• Run multiple tasks simultaneously and independently
• Execute and maintain documentation of controls
• Continuously drive improvements and changes to current processes to find efficiencies

What you bring

• University degree in Accounting or Finance areas
• CPA designation (or working towards) required
• Minimum 2 years experience in a medium/large company at a Financial Analyst/ Accountant level with strong IFRS knowledge
• Detail oriented with strong diagnostic and analytical skills
• Strong problem solving, analytical and strategic thinking skills; able to see the “big picture” in a complex business environment and 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 responsive to changing business requirements
• Highly driven with an exceptionally strong work ethic, time management and organization skills
• Advanced PC skills including Microsoft suite (Excel, Word, PowerPoint)
• Familiarity with internal and external audit processes is considered an asset
• Working knowledge of Oracle PeopleSoft accounting system and Hyperion Financial Management (HFM) is an asset

About Us

Canadian Tire Corporation, Limited (“CTC”) is one of Canada’s most admired and trusted companies.With more than 90 Owned Brands, 1,700 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.