The Financial Planning & Analysis (“FP&A”) Senior Financial Analyst will provide forecasting, budgeting, reporting, cash-reporting and ad-hoc analysis to the Finance department of Ross Stores. This includes consolidation, reporting and analysis, along with research and communication of variances and key drivers. On a quarterly basis, the FP&A Senior Analyst will complete a wide range of analyses for the Executive team and for the Quarterly Board Meeting.
Responsible for managing the forecasting, budgeting and long-term planning processes including creating budget store sets, sending out communications to business partners regarding major updates, generating high level summaries and explaining key variances.
Lead weekly cash forecasting process and the monthly forecasting / annual budgeting process for the balance sheet and cash flow statement. Provide material inputs for in-direct cash flow method including AP projections and inventory balances as needed. Work closely with business partners to solicit inputs and analyze results, reconciling variations between the in-direct and direct cash flow models. Identify business drivers for variances, including changes in trends and/or company plans.
Understand the details / drivers behind key P&L lines (sales, gross margin, inventory, etc.), shares and balance sheet & cash flow; make adjustments as needed to reflect updated information.
Prepare weekly, monthly, and quarterly financial reports including analysis of business performance, competitors, inventory trends, and balance sheet data. Provide ongoing analytical support to influence strategic direction, guide investor relations activities, and inform senior management and Board level discussion.
Perform analysis on store performance through models and creating dashboards that provides insight on trend and identifies root causes of drivers of profitability.
Analysis and judgment
Planning and Organization
Planning and Organization
QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:
Bachelor’s degree required with demonstrated superior college performance (preferably in an analytical field). MBA is a plus
Prefer 2-5 years post college experience (within a retail company or within a financial analysis and planning group)
Strong analytical ability – must be able to synthesize data, be able to error check and reconcile own work and be able to design analysis to answer specific questions
A detail oriented approach – must pay close attention to the details and have the drive to get things right
Strong Excel and PowerPoint skills, as well as ability to learn multiple new back end software applications (i.e. MicroStrategy, Hyperion, Peoplesoft Financial Systems, Flash Sales). Tableau is a plus.
Ability to cope with pressure and changing priorities
Trustworthy with confidential financial information
Job requires ability to work in an office environment, primarily on a computer.
Requires sitting, standing, walking, hearing, talking on the telephone, attending in-person meetings, typing, and working with paper/files, etc.
Consistent timeliness and regular attendance.
Vision requirements: Ability to see information in print and/or electronically.
This job description is a summary of the primary duties and responsibilities of the job and position. It is not intended to be a comprehensive or all-inclusive listing of duties and responsibilities. Contents are subject to change at management’s discretion.
Ross is an equal employment opportunity employer. We consider individuals for employment or promotion according to their skills, abilities and experience. We believe that it is an essential part of the Company’s overall commitment to attract, hire and develop a strong, talented and diverse workforce. Ross is committed to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), veteran status, military status, marital or registered domestic partnership status, medical condition (including cancer or genetic characteristics), genetic information, gender, gender identity, gender expression, sexual orientation, as well as any other category protected by federal, state or local laws.