Financial Inventory Analyst

Sporting Life, Inc.; Vaughan; On-site; CAD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Financial Inventory Analyst to ensure the integrity of inventory data across systems. This role involves daily monitoring, adjustments, and reconciliations, leveraging advanced Excel and PowerBI skills. You will collaborate with various teams to support inventory control processes and prepare reports for informed business decisions. Join a dynamic environment that values outdoor activities and sports, where your contributions will help shape the future of retail in Canada. If you thrive in fast-paced settings and have a passion for sports, this opportunity is perfect for you!

Qualifications

• 3-5 years of retail or relevant experience required.
• Strong analytical and business process skills essential.
• Excellent verbal and written communication skills in English.

Responsibilities

• Support inventory accuracy through daily monitoring and adjustments.
• Execute physical inventory counts and reconcile results.
• Prepare inventory reports to assist management in decision-making.

Skills

Analytical Skills

Communication Skills

Excel

PowerBI

Retail Systems Knowledge (D365)

Education

Bachelor's Degree in Business or related field

Tools

D365

Excel

PowerBI

Job description

7777 Weston Rd, Woodbridge, ON L4L 0G9, Canada

Job Description

Posted Monday, March 17, 2025 at 4:00 a.m. | Expires Tuesday, April 1, 2025 at 3:59 a.m.

What You Will Do:

As a Financial Inventory Analyst with Sporting Life and Team Town Sports, you will support the Inventory Control Manager to ensure the integrity and accuracy of inventory data across all systems.

Within this role you will be responsible for understanding the organizational processes over inventory and supporting inventory accuracy through daily monitoring and completion of inventory adjustments and reconciliations. Drawing on your ERP and Excel experience, you will develop an inventory dashboard to keep management apprised of updates on a daily, weekly and/or monthly basis.

• Daily reconciliation of the inventory to external systems; NFI WMS to D365.
• Ensure appropriate Journal Entries for transactions that are not integrated or require manual intervention are recorded.
• Complete inventory adjustments on a timely basis and ensure adjustments flow to the GL and are allocated to the correct store.
• Support the preparation of a monthly shrink reserve.
• Support the monthly reconciliation of the inventory clearing account ensuring the balance is nil at month end and all values are allocated to correct GL accounts.
• Assist with the recording of provisions impacting your areas of responsibility.
• Assist Finance in the investigation of variances identified during roll forward analysis and cost reviews, as well as, negative on hands and aging reviews.
• Daily, Weekly, and Monthly monitoring and resolution of exceptions for all inventory related transactions to/from supporting Inventory sub-systems (Stores, E-commerce, 3PL, Special Orders, EDI, Invoice Matching, and Vendor Revenue). Communicate as necessary to management.
• Support A/P in the monthly reconciliation of Goods Received Not Invoiced and Unmatched Invoices listings by assisting with investigation of any variances identified and where required communicating to stores.
• Daily and Weekly monitoring and resolution of exceptions between D365 and the data warehouse.
• Alongside the Inventory Control Manager, execute the physical inventory count process. Reconcile counts with teams, review proposed adjustments from Regional Managers and obtain approval, posts and check adjustments. Summarize results for Regional Managers and the business.
• As required, support the annual external audit pertaining to inventory related reconciliations.
• Review (process change), monitor (compliance) and support Supply Chain, Retail Operations, and Finance with respect to Store and DC Inventory Control business processes including, but not limited to, Receiving (POs, Transfers, Vendor Replacements), Returns to Vendors (recalls, replacements, damages, customer inventory), Inventory destruction (damage allowance and store damages), Inventory Adjustments (quantity), and unique programs (used, demos, custom, promotional SKUs).
• Participate in inventory taskforce.
• Prepare inventory related reports to assist management in making informed business decisions.
• Support the monthly forecast and annual budget process for areas responsible.
• Perform testing of inventory related reports for accuracy and completeness.

What You Will Bring:

• 3-5 years’ retail or relevant experience.
• Strong analytical and business process skills.
• Excellent verbal and written communication skills including English at business level.
• Advanced Excel and PowerBI skills required.
• Strong Retail systems knowledge (D365)
• Independent, self-starter who thrives in a fast-paced and changing environment.

Who We Are:

Sporting Life is a leading, iconic Canadian sports lifestyle retailer. Since 1979, we've been committed to providing our customers and their families with the best possible experience—and we are continuously working to improve it every day. We offer the best in outdoor apparel and fashion, footwear, equipment and accessories for men, women and kids. The mix of sport and fashion is what makes us unique.

YOU live for the great Canadian outdoors and take pride in living the Sporting Life. You relish in the exhilarating experience of skiing, snowboarding, cycling, running, tennis, hiking and camping and want to inspire our customers to do the same. You believe in the spirit of team, adapting to the ever changing retail environment, being part of constant innovation and working alongside the best leaders, associates and vendors in the business. We are looking for those who live what we sell every day and who celebrate the love of sport and an active way of living.

Sporting Life is a member of the Sporting Life Group, a Fairfax Financial Holdings Limited company, and is a leading Canadian sports lifestyle retail organization comprising iconic banners, Golf Town, Sporting Life and Team Town. Operating from coast to coast, both Golf Town, Sporting Life and Team Town’s fleet of stores inspire Canadians to get outside and live an active lifestyle, whether it’s playing some of Canada’s top golf courses, running through community trails, experiencing the exhilarating feeling of the hills, or any sports activity in between fit for the individual or whole family.

Come work with us! Experience what it’s like to work in a fun and engaging environment where you’ll be challenged and inspired to contribute to both brands and surrounded by like-minded teams who have a passion for the game of golf, are devoted to outdoor and team activities and sports.

7777 Weston Rd, Woodbridge, ON L4L 0G9, Canada