Senior Financial Analyst - Margin Accounting

Canadian Tire Corporation•Toronto, ON

4d•CA$64,000 - CA$106,000•Hybrid

About The Position

Reporting to the Manager of Margin Accounting, this role provides unique insight into Canadian Tire’s retail banners, key business initiatives, and financial results. The Senior Financial Analyst will partner with cross-functional teams to ensure new programs, contracts, and business initiatives are appropriately evaluated and accounted for. The role is responsible for 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. Success in this position requires strong analytical and technical accounting skills, sound business judgment, and the ability to manage multiple priorities in a dynamic environment.

Requirements

CPA designation.
University degree in Business, Finance, or Accounting.
Minimum 4 years’ experience in a medium/large company accounting department or accounting firm.
IFRS expertise, including experience researching and developing accounting position documents.
Strong problem-solving, analytical, and strategic thinking skills, with the ability to see the “big picture” in a complex business environment.
Natural curiosity to understand the reason behind transactions.
Strong interpersonal and communication skills with a demonstrated ability to build and maintain strong relationships.
Ability to thrive in an environment that is responsive to changing business requirements.
Excellent attention to detail.
Advanced PC skills, including Microsoft Excel, Word, and PowerPoint.
Familiarity with internal and external audit processes.
Experience in delivering timely and accurate financial reporting and analysis.

Nice To Haves

Working knowledge of PeopleSoft, Hyperion Financial Management (HFM), and Copilot is an asset.
Broad knowledge of the chart of accounts and internal controls is an asset.

Responsibilities

Serve as a key accounting partner for margin-related business initiatives across multiple banners, including Mark's, SportChek, PHL, Sports Experts, and PartSource.
Provide accounting guidance and ensure appropriate treatment and policy decisions are applied to new programs, contracts, and business initiatives.
Lead the development, maintenance, and enhancement of sales return provision models across multiple banners, analyzing trends, assumptions, and key drivers to ensure reserves are appropriate and supportable.
Manage accounting for royalty arrangements across multiple banners, ensuring accurate financial recognition and reporting in accordance with contractual terms and accounting standards.
Support month-end close activities, including the review of journal entries, account reconciliations, and financial analysis.
Ensure the timely and accurate completion of all recurring financial reporting and deliverables.
Report financial results, explain significant variances to prior year, budget, and forecast, and provide updates on key initiatives.
Monitor and execute all key controls.
Effectively manage communications and relationships with business partners, Accounting, FP&A, Tax, and internal/external auditors.
Participate in or lead a variety of ad hoc analyses, projects, and business initiatives as assigned by the Manager.

Benefits

Comprehensive benefits and retirement programs
Performance incentives
Continuing education programs
Other perks to support your well-being
Career growth opportunities
Product discounts
Store discounts
Supported learning through our Triangle Learning Academy
Canadian Tire Profit Sharing
Retirement and savings programs for eligible employees
Enhanced flex benefits program
Mental health benefits in the amount of $5,000 per year for benefits-eligible employees and their families
Total well-being
Mental health tools and resources for all employees