Senior Analyst, Store Finance presso Ross Stores, Inc.

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, Accounting team, and other Business Partners.

This person will report to the Manager of Store Finance. This is an individual contributor position (no direct reports).

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:

Own the Long Range and Annual Operating Planning Process for Capital Investment within Store Operations and Loss Prevention
•    Support annual budget and 5 Year Plan (5YP) processes for Store capital investment across existing stores, new store openings, and G&A functions
•    Partner with Stores Leadership on the development of our Capital projections and create materials to highlight key investment areas, establish the story of where capital is being allocated, and detail the risks and opportunities associated with the plan
•    Manage the overall planning timeline in conjunction with Corporate FP&A, maintain the inputs and submission files across business partners, and ensure the accuracy of the inputs across teams

Manage the ongoing monthly capital forecasting and consolidation process
•    Develop and present variance to budget and forecast explanations to Stores Leadership at month-end, quarter-end, and year-end periods
•    Identify the primary drivers of forecast variance and what trends are worth monitoring; help diagnose if variances are driven by business changes or driven by changes to budget assumptions; continually improve forecast accuracy
•    Track the ongoing evolution of the capital investment portfolio throughout the year, including capturing new capital projects, releasing funding for paused / deprioritized projects, and identifying sources of funding for new / increased capital projects

Maintain the ongoing systems and reporting structure for Store Capital
•    Generate custom Hyperion reports in partnership with Accounting and FP&A to consolidate capital spend history and add more granularity / flexibility to existing reporting structures
•    Partner with Hyperion team to make ongoing enhancements to the Hyperion forecasting module
•    Create a scoring system with an associated reporting view to analyze budget versus actual cash flow, helping drive accuracy for future forecast cycles with timing of expected spend
Analyze project ROI to drive strategic insights and project prioritization
•    Enhance ROI analysis including tracking project financial results to ensure forecasted improvements to our financial results are realized
•    Investigate current non-ROI projects for corresponding sales lift, or payroll savings, and potential inclusion for ROI analysis in the future
•    Assist manager on implementing and maintaining an ROI-based framework to assess proposed capital projects to help Store Operations Leadership prioritize future investments

Manage Capital Expenditure Request (CER) process for all Store Operations and Loss Prevention Capital Projects  
•    Partner with capital project business owners and finance team partners to ensure CERs are thoroughly reviewed and analyzed prior to submission
•    Train business partners on the CER process and best practices as needed to ensure readiness for executive CER review meetings
•    Lead weekly meetings with Accounting team to present new CERs, ensuring relevant stakeholders are invited to each meeting and tracking necessary post-meeting adjustments for project submissions
•    Utilize the K2 system for formal CER approval process. Maintain the system as the source of truth for the approval process status and ensure relevant approvals are received ahead of the intended project kick-off date
Build relationships with external business partners that impact Store Operations investments 
•    Oversee capital forecast changes for HR and IT, supporting both teams with CER identification, creation, approvals, and presentation to Accounting team
•    Oversee HR Systems and IT expense forecast, budget, and 5YP including partnering with relevant parties regularly to understand project execution, needs, and timing
•    Keep an ongoing assessment of the status of major HR and IT projects, ensuring that changes to their project plans are reflected appropriately in the Store Operations investment roadmap during forecasting cycles

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. #LI-Hybrid

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.