Financial Analyst, Margin Retail Accounting

Toronto, ON
Full time
JR
What You'll Do:
Reporting to the Manager, Margin Accounting, this role provides unique insight into Canadian Tire's retail banners, key business initiatives and financial results. As part of a dynamic accounting team, you will play an important role in ensuring the accurate accounting and reporting of revenue and cost of sales while partnering with teams across the organization. This position is ideal for someone who enjoys analyzing revenue and cost of sales, investigating trends and anomalies, supporting complex accounting assessments, and ensuring accurate financial reporting in accordance with accounting standards and company policies.
Prepare and analyze significant journal entries, reconciliations and supporting schedules as part of the monthly close process across a variety of margin areas, including sales return provisions, royalties, commissions, warranties and other key programs.
Serve as a key accounting partner for margin related business initiatives across multiple banners, including Mark's, SportChek, Pro Hockey Life, Sports Experts, and Petroleum.
Manage accounting for royalty arrangements across multiple banners, ensuring accurate financial recognition and reporting in accordance with contractual terms and accounting standards.
Analyze accounts receivable balances and investigate key trends and aging movements to support accurate financial reporting.
Ensure financial results are accurately recorded and compliant with IFRS requirements while providing insightful analysis of key drivers, trends, and variances.
Understand, maintain, and enhance accounting models, reconciliations, reporting processes, and supporting financial systems to drive accurate and efficient financial reporting.
Partner with business teams, FP&A, Accounting, and internal and external auditors to support business objectives and reporting requirements.
Support audits, new business initiatives, and cross-functional projects.
Identify process improvement opportunities and drive efficiencies through automation, standardization, and better use of data and technology.
Manage multiple priorities while meeting deadlines in a fast-paced environment.
Take ownership of issues, investigate root causes, and independently develop practical solutions.
What You Bring:
University degree in Accounting or Finance.
CPA designation (or working towards completion).
Minimum 1-3 years experience in a medium/large company at a Financial Analyst/Accountant level, with strong IFRS knowledge.
Detail oriented with strong diagnostic and analytical skills.
Strong problem solving, analytical and strategic thinking skills; able to see the “big picture” in a complex business environment, while maintaining attention to detail and a curiosity to understand the drivers behind financial results.
Strong interpersonal and communication skills with a demonstrated ability to build and maintain strong relationships.
Ability to thrive in an environment responsive to changing business requirements.
Highly driven with an exceptionally strong work ethic, time management and organization skills.
Advanced Excel skills and proficiency with Microsoft Office applications.
Experience using Oracle PeopleSoft, HFM, Power BI, Copilot, or similar financial systems is considered an asset.
Familiarity with internal and external audit processes is considered an asset.
Location: Toronto, Ontario (Hybrid: In-office 4 days a week)
We're always looking for great talent! In addition to competitive pay, we offer:
Comprehensive benefits and retirement programs
Performance incentives, Continuing Education Programs
Other perks to support your well-being
Career growth opportunities and product discounts
Broadband Salary Range: $53,000 – $88,000.Our typical hiring range is between $65,000 and $75,000. Salary decisions are also dependent on other factors such as your experience, industry benchmarks, internal equity and other role-specific requirements. For critical roles, the compensation offering will be reviewed to ensure alignment with market rate and conditions and the unique value you bring to the role.
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This posting represents an existing vacancy within our organization.
We may use artificial intelligence tools as part of our recruitment process to assist in the initial screening of resumes. All hiring decisions, including candidate evaluation, selection, and disposition, are made by human recruiters.
About Us
Canadian Tire Corporation, Limited (“CTC”) is one of Canada's most admired and trusted companies. With more than 90 Owned Brands, over 1,600 retail locations, financial services, exemplary e-commerce capabilities, and exciting market-leading merchandising strategies. We dream big and work as one to innovate with purpose for our customers at every level of our business, investing in new technologies and products, and doubling down on top talent to drive the company forward. We offer competitive salaries and wages to CTC employees, as well as store discounts, supported learning through our Triangle Learning Academy, Canadian Tire Profit Sharing, and retirement and savings programs for eligible employees. As part of our enhanced flex benefits program, we offer mental health benefits in the amount of $5,000 per year for benefits-eligible employees and their families, including total well-being, and mental health tools and resources for all employees. Join us in helping to make life in Canada better through living and working our Core Values: we are innovators and entrepreneurs at our core, outcomes drive us, inclusion is a must, we are stronger together and we take personal responsibility. It is an especially exciting time to join CTC and its family of companies where career opportunities are wide-ranging! Join us, where there's a place for you here.
Our Commitment to Diversity, Inclusion and Belonging
We are committed to fostering an environment where belonging thrives, and diversity, inclusion and equity are infused into everything we do. We believe in building an organizational culture where people are consistently treated with dignity while respecting individual religion, nationality, gender, race, age, perceived ability, spoken language, sexual orientation, and identification. We are united in our purpose of being here to help make life in Canada better.
Accommodations
We stand firm in our Core Value that inclusion is a must. We welcome and encourage candidates from equity-seeking groups such as people who identify as racialized, Indigenous, 2SLGBTQIA+, women, people with disabilities, and beyond. Should you require any accommodation in applying for this role, or throughout the interview process, please make them known when contacted and we will work with you to help meet your needs.
We are one of Canada's most admired and trusted companies. With world-class owned brands and exciting market-leading merchandising strategies, we are continually innovating with purpose: to excite and serve Canadian customers from coast-to-coast. We are connected to communities, big and small, from coast-to-coast, offering products and services that reflect the diverse nature of every one of them. From sports to outdoors, automobiles to homes, we know and understand life in Canada like no other retailer can.
We are always on the lookout for curious, creative people who are able to navigate and excel in a rapidly evolving retail environment. If you're ready to take on new challenges – be it in digital, IT, marketing, data & analytics, merchandising, or one of the many other roles we have – there is a place for you here, so apply today.