Location: 243 Consumers Road, Toronto, Ontario, M2J 4W8 At Shoppers Drug Mart, we’re innovating health and wellness in Canada. From prescriptions to walk-in clinics, and a beloved loyalty program, we’re caring and supporting our customers in new ways every day. With more than 1,300 locally owned and operated stores from coast to coast, the Shoppers Drug Mart network is more than a great place to shop, it’s a great place to work. We’re committed to building our talented team who champion collaboration, kindness and inclusivity. Join our team, and help recognize a healthy future for your career and for all Canadians. Why this role is important? Reporting to the Manager, Finance, Retail FP&A – Wage Analytics, the Senior Financial Analyst will perform Wage & Benefits financial planning & analysis requirements for all Retail Drug Stores within the SDM Division. Specifically, this role will be responsible for the financial planning and analysis requirements associated with Wages & Benefits. This will include supporting the period end, forecast, and common year planning processes. For each of these areas, the role is responsible for applying standard variance analysis techniques to generate insights on financial and operational performance and communicate these findings in a clear and concise manner to management. They will also be responsible for quantifying, analyzing, and communicating the financial benefits related to strategic initiatives impacting labour. For the common year planning process, this includes planning wage & benefit accounts on a by store and by period basis, ensuring all key assumptions are documented. Key Responsibilities: Complete period end close requirements for labour by validating completeness of payrolls processed and providing analysis, variance commentary, and management reporting. Support the preparation of the periodic productive labour forecast (hours and dollars), inclusive of providing insights on variances to Plan, Prior Forecast, and LY (using volume and rate concepts) and key metric results (e.g. productivity, wage rates). Support the intra period forecast by estimating current period trend of actual versus forecast and flag any material risk and opportunities. Report and track Relief Pharmacist Spend on a weekly and periodic basis and communicate to stakeholders. Support the periodic forecast for Sick + Stat, Store Administrator, Postal Labour, Benefits, and the FSM Incentive. Relate performance to the relevant cost driver and provide standard analytics and variance analysis, inclusive of commentary. Lead the Front Store Manager Incentive process by calculating entitlement by store, engaging the District Manager for approval at year end, supporting payment processing at the stores, and reconciling the balance sheet account after the payout is completed. Prepare the Wage & Benefit plan for each store by account and ensure that the key plan assumptions and initiatives are included. Consolidate large amounts of complex information into simple and easy to understand reports. Other Ad Hoc duites and project based work as assigned. Skills and Experience: Advanced computer skills in Excel and MicroStrategy; working knowledge of macros an asset Strong attention to detail and an appreciation and acumen for having detailed checks and balances in place Must be able to provide sound analysis and comparisons with some guidance Adaptive and ability to prioritize work Strong sense of ownership to meet commitments and deadlines Communicates with clarity; verbally and written Demonstrates strong business acumen, career driven and keen to learn and contribute University degree in Business, Accounting, Commerce or related field CPA designation or progression towards a CPA designation is an asset Why work at Shoppers Drug Mart? Acting as consultants, supporting internal customers and the Associate-Owners, you will get experience unique to the retail industry while working for an award-winning national brand. Benefit from a purchase discount program, competitive pay and online learning through Academy. Take ownership of your work and find more ways to care about your work, co-workers, customers and community. How You’ll Succeed: At Shoppers Drug Mart Inc., we seek great people to continually strengthen our culture. We believe great people model our values, are authentic, build trust and make connections. If that sounds like you, and you are open-minded, responsive to change and up to the challenges provided in a fast-paced retail environment, apply today. Employment Type: Full time Type of Role: Regular Shoppers Drug Mart Inc. recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired. In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us. Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application. At Shoppers Drug Mart®/Pharmaprix®, we’re innovating health and wellness in Canada. From prescriptions to walk-in clinics, and a beloved loyalty program, we’re caring and supporting our customers in new ways every day. With more than 1,300 locally owned and operated stores from coast to coast, the Shoppers Drug Mart®/Pharmaprix® network is more than a great place to shop, it’s a great place to work. We’re committed to building our talented team who champion collaboration, kindness and inclusivity. Join our team, and help recognize a healthy future for your career and for all Canadians.
