Senior Analyst, Store Payroll Budgeting and Planning

Ross Stores, Inc•Dublin, CA

44d•Hybrid

About The Position

The Senior Analyst of Store Payroll Budgeting and Planning will drive and execute the end-to-end annual planning/budgeting cycle for Store Payroll, which funds labor expenses in all Ross and dd's stores. Using a range of data sources and key assumptions, the Senior Analyst will create the annual Budget and 5-Year Plan for Store Payroll, reflecting the labor required to operate all stores throughout the year. In this process, the Senior Analyst will ensure that the Budget/Plan accounts for new initiatives, adjustments to our store operations, new technology that drives efficiency, or changes to our strategy (for example, the launch of our Ross-branded credit card) that require updates to how we plan labor in Stores. In addition to "core" planning activities, the Senior Analyst will assist with additional analysis on Store Payroll (for example, budget variance explanations), and will contribute to executive-facing materials that explain our annual Budget and 5-Year Plan to executive leadership. Lastly, the Senior Analyst will execute changes (e.g., new file structures, new systems) to make the Store Payroll planning and budgeting processes more efficient. NOTE: This position is focused on the planning, budgeting, and analysis of Store Payroll expense, and sits within the Store Finance team. This role is NOT responsible for issuing employee paychecks or administering employee payroll.

Requirements

Bachelor's degree required with demonstrated superior college performance (preferably in business, finance, economics, mathematics, operations, accounting, or an analytical field).
Minimum of 3-5 years post college experience with demonstrated success at increasing levels of responsibility
Comfort with core financial planning and analysis processes including budgeting, forecasting and variance explanations
Demonstrated analytical ability - must have a data driven approach to solving problems.
A clear understanding of basic financial, statistical and economic concepts
Strong communication skills - both verbal and written. This includes explaining results and implications of analysis in both verbal and written (PowerPoint) forms
A detail-oriented approach: Must pay very close attention to details and have the drive to get things right
Relationship Building - needs to be able to build effective working relationships with peers within the Store Finance, Field, LP and senior executive teams
Strong fundamental business technical skills - must have advanced skills with Microsoft Excel (particularly when building large files and models) as well as proficiency with other financial systems (Hyperion, RDW/DART, Flash Sales).
Must be trustworthy with confidential information
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.

Responsibilities

Create the Annual Budget and the 5-Year Plan for Store Payroll for all Ross and dd's locations
Update all key Store Payroll planning processes and files, using internal data sources and projections from different departments / teams
Build in the impact from labor saving initiatives and reflect their impact on Store Payroll - in partnership with the Method Improvements team
Own analysis and complete schedules to support the recurring review of quarterly results (in preparation for the quarterly Board of Directors meeting)
Own and update our wage rate model, which drives assumptions about average hourly wage rate by position, by month, by chain, factoring-in assumptions about minimum wage growth, wage inflation, turnover, and annual employee merit increases
Execute efficiency improvements in how we budget, plan, and manage all Store Payroll expenses
Implement changes/improvements to budget file architecture, data sources, and the use of key systems
Mitigate potential issues, challenges, or risks during the annual budgeting process
Assist with additional Store Payroll analyses throughout the year, particularly those related to our store labor strategy (e.g., cashier labor investments, branded credit card expansion strategy, etc.)
Maintain and update documentation on Store Payroll planning/budgeting processes over time, to reflect process improvements that are made.