Financial Planning - Toronto, Canada - Neighbourly Pharmacy

Neighbourly Pharmacy

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Neighbourly Pharmacy Inc. is Canada's largest and fastest growing network of independent pharmacies. We are seeking a highly motivated Financial Planning & Analysis Manager.

About Us:

Since 2015, Neighbourly has expanded its diversified national footprint to include 284+ locations, reinforcing the Company's reputation as the industry's acquirer of choice.

You will directly contribute to our rapid growth which has regularly been recognized externally, including receiving the following accolades.

Ranked #1 fastest growing company in Canada (Globe and Mail, 2020)
Requalified on the Globe and Mail's Top Growing Companies list in each of 2021 and 202
Named as one of Canada's Best Managed Companies for three consecutive years (2021, 2022 and 2023)
Recognized on the 2022 New Innovators list (by Canadian Business magazine in partnership with the Brookfield Institute for Innovation + Entrepreneurship)
Recognized on Canadian Business' 2020 Growth List.

Job Summary:

RESPONSIBILITIES:

Financial Analysis: Conduct indepth financial analysis of pharmacy operations, with a focus on retail metrics such as sales per square foot, inventory turnover, and gross margin analysis, as well as operational costs such as labour, occupancy and general expenses.
Budgeting and Forecasting: Lead the budgeting and forecasting processes for the operations group, incorporating retailspecific factors and market trends into financial plans.
Performance Reporting: Provide regular performance updates in a clear and concise manner to key stakeholders, providing insights into retail performance metrics and identifying areas for improvement.
Cost Management: Identify opportunities to optimize costs and improve efficiency in retail operations, collaborating with operational teams to implement costsaving initiatives.
Strategic Planning: Provide financial insights and support to senior management in retail strategy development, including store expansion plans, store closures, and market penetration strategies.
Financial Modeling: Develop and maintain financial models to support business planning, including new store pro forma analysis, ROI calculations, and scenario planning.
Forecast Accuracy: Monitor and assess the accuracy of retail sales forecasts, identifying and addressing any discrepancies or variances to improve forecast reliability.
Cross-

Functional Collaboration:

Collaborate with cross-functional teams, including retail operations, marketing, and central operations, to align financial plans with overall business objectives and drive coordinated execution.

Process Improvement: Identify opportunities to streamline financial processes, improve efficiency and enhance the quality of financial reporting and analysis.
Ad-

Hoc Analysis:

Conduct ad-hoc financial analysis and projects as required, providing actionable insights and recommendations to support retail initiatives and strategic decision-making.

QUALIFICATIONS:

Bachelor's degree in Finance, Accounting, Economics, or related field (MBA or advanced degree preferred).
Proven experience (5+ years) in financial planning and analysis, with a focus on retail operations and merchandising.

SKILLS:

Strong analytical skills with the ability to interpret complex financial data and retail performance metrics.
Experience in the retail sector, with a deep understanding of retailspecific financial metrics and analysis techniques.
Advanced proficiency in Microsoft Excel, PowerPoint and financial modeling.
Experience with MicroStrategy a plus.
Excellent communication and interpersonal skills, with the ability to effectively collaborate with remote teams.
Highly organized with strong attention to detail and the ability to manage multiple priorities in a fastpaced retail environment.
Proactive mindset with a commitment to continuous improvement and driving results in a retail setting.

Disclaimer:

While all responses are appreciated, only those being considered for interviews will be acknowledged.