Financial Analyst, Store Design & Renewal

Canadian Tire; Toronto; On-site; CAD 65,000 - 85,000; Full time

Job summary

Canadian Tire is seeking a Financial Analyst for Store Design & Renewal based in Toronto, Ontario. This role is crucial for financial planning, forecasting, and reporting, supporting various teams within the company.

The ideal candidate will have 3-6 years of experience in financial analysis, a Bachelor's degree in a relevant field, and advanced skills in Excel. This position offers involvement in budgeting, variance analysis, and project-level financial tracking.

Qualifications

• 3–6 years of experience in financial analysis, FP&A, or business finance.
• CPA designation (or in progress).
• Strong understanding of budgeting, forecasting, accruals, and variance analysis.

Responsibilities

• Support annual budgeting for Store Design & Renewal.
• Perform variance analysis between budget, forecast, and actuals.
• Produce and maintain regular spend reports for leadership.

Skills

Financial analysis

Budgeting

Forecasting

Variance analysis

Advanced Excel skills

Education

Bachelor's degree in Finance, Accounting, Business or related field

Tools

Financial systems

Reporting tools

Power BI

Job description

The Financial Analyst, Store Design & Renewal is responsible for the financial planning, forecasting, and reporting that support all Store Design & Renewal teams including Store Design, Concept Renewal, Fixture Procurement, Point-of-Purchase (POP) Line Review, and In-store Marketing initiatives. This role partners closely with these teams to ensure accurate financial tracking, disciplined spend management, and transparent reporting across operating budgets.

Key Responsibilities

• Support annual budgeting for Store Design & Renewal, including operating budget, Marketing Budget Cost Report, and Merch & Owned Brands budgets
• Support reforecasting activities throughout the year by analyzing actuals, identifying variances, and updating forecasts
• Manage year/month-end financial processes, including preparation and validation of accruals
• Perform variance analysis between budget, forecast, and actuals; articulate drivers, risks, and opportunities to stakeholders
• Ensure compliance with internal financial controls, policies, and reporting standards
• Produce and maintain regular spend reports for leadership, providing visibility into YTD spend and forecasted outlook
• Develop project-level financial tracking, monitoring budgets, commitments, invoices, and forecasts
• Prepare marketing budget cost reports, tracking in-store marketing and POP spend
• Track and report on volume rebates related to POP to ensure accurate accrual, recovery, and reconciliation
• Identify cost trends, efficiencies, and savings opportunities
• Manage credits to Dealers related to Store Design & Renewal
• Support business cases, investment requests, and scenario analysis for new initiatives
• Contribute to standardization and automation of financial reporting

Requirements

• Bachelor's degree in Finance, Accounting, Business, or related field
• 3–6 years of experience in financial analysis, FP&A, or business finance
• CPA designation (or in progress)
• Strong understanding of budgeting, forecasting, accruals, and variance analysis
• Experience with project-based financial tracking and multi-stakeholder environments
• Advanced Excel skills; experience with financial systems, reporting tools, or Power BI is an asset
• Highly detail-oriented with strong financial discipline
• Proactive, analytical thinker with a problem-solving mindset
• Clear communicator with the ability to explain financial concepts to non-finance partners

Bachelor's degree in Finance, Accounting, Business or related field; 3–6 years of FP&A or financial analysis experience; CPA designation or in progress; advanced Excel skills; strong understanding of budgeting, forecasting, accruals, and variance analysis