Senior Financial Analyst, Gross Profit

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

Job summary

A leading retail holding company is seeking a motivated individual for a finance role in Toronto. The successful candidate will be key on the Shared Service Finance team, responsible for financial results processing, analysis, and improvements. Essential qualifications include a recognized accounting background with 2-4 years in finance, strong analytical skills, and proficiency in using Microsoft Excel. This position supports various business partners within a fast-paced environment.

Qualifications

• Strong work ethic and proficient with large data sets.
• Able to manage multiple projects under tight deadlines.
• Experience in the retail industry is beneficial.

Responsibilities

• Prepare/review reconciliation for GL accounts.
• Participate in period closing processes.
• Process month-end gross profit entries to the stock ledger.

Skills

Analytical skills

Detail-oriented

Microsoft Excel

Problem-solving skills

Collaboration

Education

Professional accounting designation or working towards

2-4 years of relevant accounting experience

Tools

Oracle Fusion

Job description

Position Overview

Looking for a motivated individual with a keen eye for detail and accuracy who is adept at processing, analyzing, and reconciling financial results. The successful candidate will be a key part of the Shared Service Finance Gross Profit & Inventory team supporting various business partners and various banners. This role involves period-end processing to ensure accurate financial results, and ad‑hoc analysis, with a constant view to process improvements.

Key Responsibilities

• Prepare/review reconciliation for GL accounts
• Participate in period‑closing processes
• Process/upload month‑end gross profit entries to the stock ledger
• Month End
• Journal entries
• Oversee the Inventory Reserve Portal – ensuring data integrity in the system, as well as administering period closes
• Support External & Internal audit requests – which include large data extracts and analysis
• Support Testing system changes to the stock ledger or any upstream systems that impact the stock ledger as required
• Provide assistance and backup to other associates as required
• Support special projects as assigned
• Look for ways to improve efficiencies
• Perform problem investigation and resolution
• Other duties as assigned

Qualifications

• Professional accounting designation or working towards
• 2‑4 years of relevant accounting experience as a Financial or Senior Financial Analyst with a large company, retail industry experience beneficial
• Strong work ethic
• Highly proficient computer skills with various applications including Microsoft Excel
• Able to work with significantly large amounts of data
• Strong analytical and problem‑solving skills and ability to manage multiple projects and adhere to deadlines
• Experience with Oracle Fusion an asset
• Detail‑oriented with a focus on accuracy and sound reconciliation skills
• Collaborative team player with effective written and oral communication skills
• Ability to work in a fast‑paced environment and work beyond normally scheduled hours at month end as required

About HBC

HBC is a holding company of investments and businesses at the intersection of technology, retail operations and real estate. It is the majority owner of iconic ecommerce companies: Saks, a leading online destination for luxury fashion; The Bay, a Canadian ecommerce marketplace; and Saks OFF 5TH, a premier luxury off‑price ecommerce company offering top brands at the best prices. These businesses were established as separate operating companies in 2021. HBC also wholly owns Hudson's Bay, the operating company for Hudson's Bay's brick‑and‑mortar stores, as well as SFA, the entity that operates Saks Fifth Avenue's physical locations, and O5, the operating company for Saks OFF 5TH stores.

With assets spanning top markets and prime locations across North America, HBC owns or controls—either entirely or with joint venture partners—approximately 40 million square feet of gross leasable area. HBC Properties and Investments, the company's real estate and investments portfolio business, manages these assets along with additional real estate offerings, including Streetworks Development, its property development division.

Founded in 1670, HBC is North America's longest continually operating company and is headquartered in New York and Toronto. For more information visit: www.hbc.com.

NOTE

Only applications submitted online will be accepted.