Financial Analyst, Property Development

Financial Analyst

Our values start with our people, join a team that values you!

Bring your talents to Ross, our leading off-price retail chain with over 2,100 stores, and a strong track record of success and growth. Our focus has always been bringing our customers a constant stream of high-quality brands and on-trend merchandise at extraordinary savings. All while providing a fun and exciting treasure hunt experience. As part of our team, you will experience:

• Success. Our winning team pursues excellence while learning and evolving
• Career growth. We develop industry leading talent because Ross grows when our people grow
• Teamwork. We work together to solve the hard problems and find the right solution
• Our commitment to Diversity, Equity & Inclusion, and our community. We celebrate the backgrounds, identities, and ideas of those who work and shop with us because our differences make us stronger. We strive to be a positive force in our community.

Our Corporate headquarters are in Dublin, CA, we have 3 buying offices in key markets in New York City, Los Angeles, and Boston, and 8 distribution centers nationwide. With 2023 revenues of $20.4 billion, we are a Fortune 500 company who is committed to providing an inclusive work environment with continuous learning opportunities and development for our teams.

General Purpose

The Financial Analyst will assist in managing core financial processes for the Property Development team including month-end close, forecast, budget, and long-term planning. The position will also perform other analysis and reporting as needed. This position reports to the Senior Manager of Property Development Finance. Ross Stores has a hybrid work model; this position will be in the Dublin Corporate office at least 2 days each week. The base salary range for this role is $68,640 to $97,450. The base salary/pay range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.

Essential Functions

• Prepare journal entries in compliance with GAAP and the company's policies and procedures. Support entries with proper documentation and approvals.
• Maintain expense tracking, forecasting, and support month-end and quarter-end reporting processes
• Responsible for assigned account reconciliations and variance analysis of specific accounts, potentially including Lessor Charges (Common Area Maintenance/ Insurance / Real Estate Tax), Rent, Property Taxes, and various Store Fixed Expense accounts.
• Responsible for reporting of retail, non-retail, and/or subtenant locations.
• Assist in the creation of the Property Development annual budget and 5-Year Plan, building budget models that accurately predict costs and timing of spend, sharing insights, and loading budget data.
• Develop and maintain effective process documentation that others can use to complete this role's deliverables and responsibilities as needed.
• Partner with relevant stakeholders in Property Development and other departments as needed to inform forecast and budget changes

Competencies

• Communicates Effectively
• Ensures Accountability & Execution
• Manages Work Processes
• Drive for Results
• Collaboration
• Analysis and Judgement
• Leading by Example
• Plans, Aligns & Prioritizes

Qualifications and Special Skills Required

• Bachelors degree required, (preferably in an analytical field such as Finance, Accounting, Economics, etc.)
• Prefer 1-3 years of relevant work experience with planning and forecasting experience desirable
• Strong analytical skills must be able to synthesize data, solve problems using data, and error check and reconcile own work
• Must have a strong understanding of basic financial and accounting principles
• Good oral and communication skills including the ability to share finding and implications of analysis
• Proficiency in Excel with an ability to learn financial systems (Hyperion, Peoplesoft, PowerBI, etc.)
• Results & detail oriented, with a strong emphasis on accuracy and timeliness.
• Ability to work independently or as a team member, dealing with multiple tasks and changing priorities while delivering accurate work product

Physical Requirements/ADA

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 role requires regular in-office presence, including to engage in in-person team interaction, meetings and collaboration, mentoring, coaching, and/or feedback. However, this role can perform duties effectively using a combination of in-office and remote work.

Supervisory Responsibilities

None

Disclaimer

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.