Sr. Analyst, Finance

Loblaw Companies Limited; Brampton; On-site; CAD 70,000 - 85,000; Full time

Job summary

Loblaw Companies Limited is seeking a Sr. Financial Analyst to support lease accounting and financial reporting within the Real Estate Operations group. The ideal candidate will have relevant finance experience, strong analytical skills, and a commitment to sustainability. You will work closely with various stakeholders to ensure accurate lease reporting and contribute to financial strategies.

Benefits

Comprehensive training

Progressive careers

Flexible work options

Qualifications

• 1-3 years relevant work experience.
• Chartered Professional Accountant (CPA) designation or working towards it.
• Strong knowledge of accounting and IFRS 16 is an asset.

Responsibilities

• Manage the preparation of periodic journal entries and reporting.
• Liaise with stakeholders including Real Estate Operations and Internal Controls.
• Assist with the preparation of budget and forecast.

Skills

Analytical Skills

Problem Solving

Communication

Planning

Prioritization

Education

Post-Secondary degree in finance or related field

Tools

Microsoft Office suite

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.

Overview:

Loblaw Real Estate Finance proudly supports the Real Estate Operations group at one of Canada’s largest retailers. Reporting into the Sr. Manager, the Sr. Financial Analyst will support the administration of the lease accounting process at Loblaw, liaise with business partners to ensure the completeness and accuracy of lease reporting, and assist with project related work.

Key Responsibilities and Job Duties:

• Manage the preparation of:
  • Periodic and quarterly journal entries, including standard leasing entries, sublease accounting, various elimination entries, and failed sale accounting;
  • Weekly lease changes report which aggregates and justifies lease changes identified through our lease management system;
  • Periodic balance sheet analysis, including an enterprise view roll of the ROU and Lease Liability; and
  • Periodic and quarterly work to ensure the completeness and accuracy of reporting.
• Provide support in preparing the quarterly lease term assessment
• Provide support in preparing the annual note disclosures included in the external financial statements.
• Liaise with various stakeholders throughout the business, including, but not limited to, Real Estate Operations, External Financial Reporting, George Weston Limited, and Internal Controls Compliance.
• Assist with the preparation of periodic forecast, annual budget and 3-year plan.
• Facilitate quarterly and annual audit work by preparing PBC submissions and responding to audit queries.
• Perform sample testing to assess the accuracy and completeness of key ESG metrics, ensuring data integrity and reliability.
• Continually look for process improvements to promote control and automation.
• Participate in special projects as assigned.

Qualifications and Competencies:

Post-Secondary degree in finance or related field.

1-3 years relevant work experience.

Chartered Professional Accountant (CPA) designation, or working towards the designation.

Strong knowledge of accounting and IFRS 16 is an asset.

Results oriented – consistently delivers on time at a high quality.

Team player with excellent planning and prioritization skills.

Strong problem solving, analytical skills, and attention to detail; can see the “big picture” in a complex environment, and possess the tenacity to find solutions.

Excellent communication and presentation skills, with ability to communicate complex issues clearly and effectively.

Advanced working knowledge of Microsoft Office suite (e.g. Excel, PowerPoint, Word, etc.).

Our commitment to Sustainability and Social Impact is an essential part of the way we do business, and we focus our attention on areas where we can have the greatest impact. Our approach to sustainability and social impact is based on three pillars – Environment, Sourcing and Community – and we are constantly looking for ways to demonstrate leadership in these important areas. Our CORE Values – Care, Ownership, Respect and Excellence – guide all our decision-making and come to life through our Blue Culture. We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits – these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.

If you are unsure whether your experience matches every requirement above, we encourage you to apply anyway. We are looking for varied perspectives which include diverse experiences that we can add to our team.

We have a long-standing focus on diversity, equity and inclusion because we know it will make our company a better place to work and shop. We are committed to creating accessible environments for our colleagues, candidates and customers. Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.

Please Note:
Candidates who are 18 years or older are required to complete a criminal background check. Details will be provided through the application process.

#EN

#SS #FINAN #ON