Senior Analyst, Store Finance

Senior Analyst, Store Finance

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 Senior Analyst, Store Finance will oversee all capital spend for Store Operations and Loss Prevention. This person will manage critical financial processes like month-end close, forecast, budget, 5-year plan and perform other ad-hoc analysis and reporting, as needed. In addition, the role will manage the Capital Expenditure Request process for all capital projects, frequently interacting with Stores Leadership and Executives, the Accounting team, and other Business Partners. This person will report to the Director of Store Finance. Ross Stores has a hybrid work model - we are in the Dublin Corporate office 3 days a week. The base salary range for this role is $77,900 - $117,050. The base salary 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:

• Oversee Capital Processes for Store Operations and Loss Prevention teams
• Support annual budget and 5 Year Planning processes for all Store capital spend across existing stores, new stores and G&A capital. Partner with Stores Leadership and Executives on the development of our Capital projections and create materials to facilitate discussions and explain variances. Submit final plans into Hyperion.
• Prepare monthly capital forecast summaries for monthly meetings with Stores Leadership. Share information with Corporate FP&A and submit forecasts into Hyperion
• Develop and present variance to budget and forecast explanations to Stores Leadership and Executives at month-end, quarter-end, and year-end periods.
• Manage Capital Expenditure Request (CER) process for all Store Operations and Loss Prevention Capital Projects
• Partner with capital project owners and finance team partners to ensure CERs are thoroughly reviewed and analyzed.
• Train business partners on CER process and best practices as needed in order to ensure they are ready for CER review meetings (with Accounting, Stores Leadership, and Executives).
• Lead weekly meetings with the Accounting team to present new CERs, ensuring relevant stakeholders are invited to each meeting. Recap takeaways and connect the dots across projects and discussions.
• Utilize K2 system for formal CER approval process. Maintain the system, be the "source of truth" for approval process status, and engage with Stores Leadership and Executives and other Business Partners to ensure CERs are approved in K2 in a prompt fashion
• Lead and provide support for other ad hoc analysis and reporting as needed.
• Proactively engage with ad-hoc analysis and reporting requests as needed. Ad-hoc request range from quick day-of turns to weeks-long project work.
• Coordinate workplans with manager and Store Finance Leadership to ensure alignment on expectations, deliverable effectiveness, and accuracy of material before distributing more broadly.

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:

• Bachelor's degree required (preferably in an analytical field such as Finance, Economics, Accounting, etc.)
• Strong candidates will have a minimum of 3-5 years post college experience
• Dynamic, intellectually curious and self-motivated - must have the drive necessary to be part of managing in a fast-paced, changing retail environment
• Strong analytical ability - must have a data driven approach to solving problems. Requires strong quantitative skills, a good sense of how to dissect problems and a strong ability to "connect the dots" (e.g., understand how pieces of data interact with each other or how one finding should inform the result of another analysis)
• High comfort level working in ambiguous, rapidly changing environments and ability to manage multiple projects simultaneously
• A clear understanding of basic financial concepts and strong fundamental business technical skills - must be Excel and PowerPoint proficient and have an ability to learn new business process software applications (Hyperion, PeopleSoft)
• Strong written and oral communication skills - must be able to clearly communicate results and implications of analysis in both verbal and written (PowerPoint) forms
• A detail-oriented approach to managing work processes
• Unquestionable personal and professional character and integrity - must be trustworthy with confidential information

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, client support, 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.