Manager Of Financial Planning & Analysis

Marc discovered INFLUENCE working at TJX

With honesty and teamwork, Marc has emerged as a respected leader at TJX. We think that's the perfect environment for sharing fresh ideas! Here you can find your voice—and your impact.

What you’ll discover

Eligible Associates can look forward to:

• One-of-a-kind, inclusive culture
• State-of-the-art amenities at our eco-friendly Home Office. Take a tour HERE!
• Health benefits that take effect your first day
• Management Incentive and Stock Plans
• Retirement Savings Plan
• Dedicated training and on-the-job resources to enhance your development
• Three weeks' vacation with the option to buy an additional week through our Vacation Trade Program
• Merchandise discount for yourself and eligible family members at all TJX Canada stores
• Associate and Family Assistance Program to support healthy living

What you’ll do
It’s safe to say, there’s no shortage of variety in what we do. Here are some key accountabilities of the role:

• This position leads the Financial Planning & Analysis function in establishing strategic short and long-term Financial Planning. The Manager of is accountable for the analysis of TJX Canada's business operations for the purposes of measuring and forecasting future business performance. This position leads a Manager and team of Financial Analysts, and leverages strong business partnerships to drive the financial processes for projection, planning, and budgeting.
• Leads data analytics, financial modeling, and presentation Of Financial information to support key business initiatives and decision support.
• Identifies process opportunities to enhance automation and efficiencies within the FP&A team.
• Lead financial presentations to stakeholders, to provide periodic financial updates.
• Drives and owns the development, execution, and monitoring of short to mid-term (1-3 years) functional strategy and the operational direction of the FP&A Department.
• Leads the development and preparation of the monthly, annual, and long-range forecasting, budgeting processes and financial plans (including Balance Sheet, Cash Flow, Capital Expenditures, and P&L).
• Present budgets, forecasts, and value-added analysis to the Executive & Senior Leadership team on a regular basis, communicating key trends, observations, and business impacts; advises the business during the organization's strategic planning process and maintains an understanding of industry trends, key business cost drivers, and accounting policies.
• Support the preparation of board of director materials and presentations to represent TJX Canada.
• Leads the team in evaluating actual versus planned outcomes of key TJX Canada strategic decisions, and ensure the required ROI is delivered.
• Leads the preparation Of Financial analysis, standard and ad-hoc financial reports in the areas of project control, capital budgeting, payroll, expense planning, and business plan monitoring for all levels of management; implement procedures around budget shortfalls and/or changes in department/project scope and creates notification mechanisms for executive leadership to ensure proper communication.
• Works closely with the Accounting team to support the monthly close process; ensures the smooth flow of information between FP&A department and Accounting for accrual purposes, ensuring spending is matching plans, etc.
• Interview, coach, and develop Associates; builds their skills and confidence to successfully demonstrate the Leadership Competencies and Cultural Factors (LCCF’s).
• Evaluates performance and drives development by providing regular feedback to Associates with the goal of developing next-level (promotable) talent within the organization.

What you’ll need
To begin your career with us, we require the following:

• Post-secondary undergraduate degree in a related discipline (i.e. Business/Commerce, Finance & Accounting); a Masters degree or MBA is considered an asset.
• Minimum of seven (7) years of professional finance experience with a focus in the development and management of budgets.
• Minimum of three (3) years in a financial reporting leadership capacity.
• Strong leadership skills and the ability to act as a collaborative partner with senior management; capable of positively influencing others to act in the best interest of the organization.
• Strong consulting skills. Ability to procure and analyze a wide range of quantitative and qualitative information for use in developing strategies, plans, policies, and solutions that meet departmental and organizational needs; demonstrated ability to be creative, resourceful, and pragmatic with a solution-focused attitude.
• Solid organizational development skills including change management, time management; detail-oriented with the ability to prioritize, manage team workloads, and multi-task in a deadline-driven environment.
• Excellent interpersonal and communication skills; ability to read, write, communicate, and interpret information with a high degree of accuracy; bilingualism is considered an asset.
• Demonstrated strategic thinking and collaborative skills including negotiation, interviewing, information gathering, and active listening skills; capability to develop highly effective working relationships by building credibility and rapport with internal and external networks.
• Excellent people management skills including coaching, providing feedback, advice and/or guidance to Associates for problem resolution, evaluating performance, participating in the recruitment and orientation of new hires.
• Ability to maintain strict confidentiality and appropriately manage highly sensitive information.
• Strong computer and database management skills including Microsoft Office Suite (i.e. Word, Access, PowerPoint, Excel); experience working with Power Bi or related data visualization software is considered an asset.

Posting Details

• Application closing date: January 26th, 2024
• Internal TJX Associates: please review this opportunity with your direct supervisor or manager prior to applying. To be considered, please attach your completed Internal Candidate Endorsement Form to your application.

Every day is an opportunity to discover something new about our business, our partnerships and even something exciting about yourself. By becoming a member of our TJX Canada family, you’ll have the full support of a diverse, close-knit group of people across our Distributions Centres, Retail Stores (Winners, HomeSense, Marshalls) and our Office locations. Are you ready to Discover Different?

Here at TJX Canada, we are an equal opportunity employer committed to the inclusion and accommodation of all individuals.