Full Job Description
Senior Financial Analyst
Location: Framingham, MA, US
Employment Type: Full-Time
Employment Status: Regular
Functional Area: Finance
Discovery is at the core of everything we do – whether it’s a great value, incredible style, or building long-lasting partnerships with people around the world. That’s what makes TJX different. You can find it all across our brands: TJ Maxx, Marshalls, HomeGoods, Sierra, and Homesense. Every one of our brands has one thing in common: environments that are always changing. That’s just how we like it. Every day is an opportunity to discover something new about our business, our partnerships, and even about yourself. Come discover what different can mean for you.
Posting Notes: Framingham || MA
Senior Financial Analyst, HomeGoods & Homesense Stock Ledger Team
The HomeGoods & Homesense Stock Ledger team is responsible for ensuring the accuracy and integrity of sales and inventory levels. The team provides support to our cross-functional business partners via reporting and analysis to optimize strategic decisions. The team actively participates in the planning and execution of the year-end Physical Inventory process from managing the year-end flow of inventory through Distribution Centers to stores to the physical counts. The group also performs extensive shrink (merchandise loss) analysis to produce actionable data to mitigate losses and improve profitability.
Analyze key financial/merchandise metrics to drive business decisions.
Develop shrink forecasts by evaluating statistical correlations of key retail metrics. Utilize forecasting to proactively identify and address any areas of risk to reduce shrink and improve profitability.
Collaborate with Loss Prevention & Store Operations on shrink initiatives to be rolled out to stores to mitigate future inventory loss.
Participate in year-end shrink analysis including forecasting shrink by merchandise type as well as providing summaries on Store & Distribution Center shrink performance.
Perform Ad Hoc requests from senior management with focus on the supply chain, flow of inventory to stores, and inventory levels.
Excellent analytical and quantitative skills
2+ years of financial analysis experience
Proficient PC and excel modeling skills: Microsoft Office Excel (pivot tables, function logic and lookup/reference formulas and charts), MS Access and PowerPoint a plus
Proactive, detailed-oriented, and results-driven
Strong communication skills, both verbal and written
Bachelor’s degree in Finance/Economics preferred; MBA and or retail experience a plus
Discover Different at TJX means opportunity, teamwork, and career growth. That’s why working here is so much more than a job. When you’re a part of our TJX family, you have the full support of a diverse, close-knit group of people that work together to deliver the best value and style in the business. Our inventory is always changing and our approach is continually evolving, which means every day is another chance to Discover Different.
We care about our culture, but we also prioritize the tangible stuff – competitive pay, great benefits, and a great group of people.
We consider all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status. We also provide reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.
Posting Notes: Framingham || MA
Nearest Major Market: Framingham
Nearest Secondary Market: Boston