Financial Analyst, Store Design & Renewal

Role Overview

The Financial Analyst for Store Design & Renewal is tasked with providing comprehensive financial planning, forecasting, and reporting support for various teams such as Store Design, Concept Renewal, Fixture Procurement, Point-of-Purchase (POP) Line Review, and In-store Marketing. The role collaborates closely with these departments to guarantee precise financial monitoring, strict budget management, and clear communication of spending across operational budgets. This position plays a vital part in enabling data-driven decisions, enhancing financial responsibility, and optimizing costs for multiple projects and initiatives.

Key Responsibilities

• Assist in the creation of annual budgets for Store Design & Renewal, including operating and marketing budgets and expenditures for in-store execution, ensuring alignment with business objectives.
• Conduct periodic reforecasting by analyzing actual spending, identifying variances, and updating forecasts to reflect changes in project scope, timelines, or expenses.
• Collaborate with Store Design & Renewal teams to comprehend demand factors, scheduling, and financial impacts of design and renewal projects.
• Oversee year-end and month-end financial procedures, including preparing and verifying accruals to confirm expenses are correctly recorded in the appropriate period.
• Perform detailed variance analysis comparing budgeted, forecasted, and actual expenditures, communicating key drivers, risks, and opportunities to stakeholders.
• Ensure compliance with established internal financial controls, policies, and reporting guidelines.
• Create and update spend reports for leadership that detail year-to-date expenditures, forecast outlooks, and remaining budgets across programs, banners, business owners, and initiatives.
• Develop financial tracking at the project level, continuously monitoring budgets, commitments, invoices, and projections for ongoing Store Design & Renewal projects.
• Prepare marketing budget cost reports to track in-store marketing and POP spending relative to approved budgets, highlighting potential risks or savings.
• Monitor and report on volume rebates connected to POP, ensuring accurate accruals, recoveries, and reconciliation of rebate funds.
• Identify cost-saving trends and efficiency opportunities, supporting ongoing improvements through insightful financial analysis.
• Work closely with Procurement and vendors to verify rebate assumptions and confirm financial results.
• Manage dealer credits linked to Store Design & Renewal, ensuring accuracy, timeliness, and conformity with funding agreements.
• Coordinate with Dealers, Finance, and internal teams to validate credit eligibility, address discrepancies, and guarantee proper application of credits against invoices or recoveries.
• Track dealer credits within project and program financials, ensuring visibility in spend reports, forecasts, and month-end closing activities.
• Support audits and internal reviews regarding dealer credits, rebates, and recoveries by maintaining transparent documentation and financial traceability.
• Serve as a trusted financial advisor to Store Design & Renewal teams, transforming financial data into actionable insights.
• Assist in preparing business cases, investment proposals, and scenario analyses for new initiatives or program designs.
• Contribute to standardizing and automating financial reporting to enhance accuracy and minimize manual effort.

Candidate Profile

• Possess a Bachelor's degree in Finance, Accounting, Business, or a related discipline.
• Have between 3 and 6 years of experience in financial analysis, FP&A, or business finance roles.
• Hold or be pursuing a CPA designation.
• Demonstrate a solid understanding of budgeting, forecasting, accruals, and variance analysis.
• Experience managing project-focused financial tracking and working within multi-stakeholder environments.
• Advanced proficiency in Excel; familiarity with financial systems, reporting tools, or Power BI is advantageous.
• Highly detail-oriented, exhibiting strong financial discipline.
• Possess a proactive and analytical mindset with strong problem-solving skills.
• Communicate financial concepts clearly to non-finance team members.
• Adapt comfortably to fast-paced environments with competing priorities.
• Embrace a continuous improvement approach with interest in process automation and standardization.

Benefits and Compensation

• Competitive salary within a typical range of $53,000 to $88,000 CAD annually, with actual pay influenced by experience, knowledge, skills, location, industry benchmarks, internal equity, and role requirements.
• Comprehensive benefits and retirement programs.
• Performance incentives and continuing education opportunities.
• Additional perks aimed at supporting employee well-being.
• Opportunities for career advancement and product discounts.

About the Company

Canadian Tire Corporation, Limited is a well-respected and trusted Canadian organization with more than 90 owned brands and over 1,600 retail locations. It provides financial services, strong e-commerce capabilities, and market-leading merchandising strategies. The company is dedicated to innovation, investing in new technologies and top talent to advance its business. It offers competitive compensation, product discounts, learning programs, profit sharing, and retirement plans. Employees also benefit from comprehensive mental health and well-being resources.

Diversity and Inclusion

The company is committed to fostering an inclusive workplace where diversity, equity, and belonging are prioritized. It respects differences in religion, nationality, gender, race, age, ability, language, sexual orientation, and identity. The organization encourages applications from equity-seeking groups and provides accommodations throughout the recruitment process to support candidate needs.