Say hello to big brands & bigger career opportunities.
TJX Europe is a growth vehicle for the TJX Companies, Inc. – the world’s leading off-price fashion and home ware retailer with sales of nearly $27 billion*, more than 3,200 stores in six countries and approximately 191,000 Associates (TJX Europe includes TK Maxx in UK&Ireland, Germany and Poland and HomeSense).
With extensive career options, TJX Europe is one of the most successful and exciting retailers thanks to our business model of no-frills stores with opportunistic buying. So our savvy shoppers get top fashion & home ware brands for up to 60% less.
At TJX Europe, our European businesses include TK Maxx in the UK, Ireland, Germany and Poland, and HomeSense in the UK. Our stores offer shoppers a huge range of brands with up to 60% off recommended retail prices.
Our team of buyers deals directly with thousands of designers and brand owners all over the world. And then we pass the savings onto our customers.
Purpose/ Job Summary
We currently have an opportunity available for a recently/newly qualified finance professional to join our Financial Control team at TJX Europe.
The Senior Financial Analyst position is a highly commercial focused role and unique to Financial Control at TJX Europe, supporting the Buying and Merchandising function, the core of our off price business.
The role involves business partnering with the heads of Buying and Merchandising by providing periodic, ad hoc performance reporting and analysis to drive and support decision making. This includes the business critical area of Liquidity/Open to Buy, where we work with buying to set targets to ensure merchandise inventory plans are met to have the right amount of cash/liquidity to buy opportunistically.
The role will also require cross-functional interaction with Buying, Commercial Planning and Logistics.
Key Responsibilities/ Tasks
- Responsible for the periodic reporting of European Liquidity, Open to Buy (OTB) and Forward Buy Plan (FBP) position by business area and department; prepare ad hoc scenario analysis on Liquidity/OTB position to identify risk and opportunities to influence and support management decision making.
- Preparing periodic reporting of European and Regional Open to Receive (OTR) position into Distribution Centres.
- Responsible for periodic reporting of the quarterly Buyer Productivity, Comp Targets/Actuals, vendor Performance and Good & Welfares Reports.
- Business partnering with Buying and Logistic teams to develop OTR reporting, and to ensure business objectives are being met through proactive use of reporting tools.
- Prepare ad hoc requests as daily business requires for Buying Managers, Buying Directors and Senior Management in Finance.
- Driving process and excel model simplification, consistency and repeatability whenever possible to drive efficiencies to help the financial control function concentrate on value added work.
- Grow to be seen as an expert on the complex TJX business model to the business to confidently deal with queries from Buying and Senior Finance management.
Key Skills, Knowledge & Experience
- University degree or equivalent accounting qualification.
- Advanced Excel and systems skills are a necessity.
- Developed analytical skills.
- Problem solving skills.
- Ability to influence senior management.
- Capability to work with large quantities of data in various formats and manipulate into relevant and useable outputs. The analyst will be required to evaluate and make recommendations rather than simply providing reports.
- Ability to maintain and develop financial models.
- The ability to escalate issues and assist in resolving them.
- The ability to multitask, prioritize and work in a fast paced environment.
- Ability to business partner and explain financials to non-financial personnel.
- Ability to develop relationships at all levels of the business.
- Experience in retail would be a benefit.
- Working knowledge of a forecast / reporting tool, such as Cognos.
We are proud that we can offer progressive career possibilities, competitive salaries and exciting opportunities. We are committed to support your goals so you can help us achieve ours.
If you would like to be a part of something very unique then please apply today.
* Fiscal year ending February 2, 2014
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