What We Offer
London Drugs offers advancement opportunities through our promote-from-within policies, salaries commensurate with experience, as well as a comprehensive benefits program including:
Senior Financial Analyst - Financial Planning & Analysis - Internal
0001 Head Office
Senior Financial Analyst - Financial Planning & Analysis - Internal
Full-Time • 0001 Head Office
As a valued London Drugs family member, the opportunities for career growth are unlimited! The following is another great chance for you to grow your skills and experience.
We are currently hiring for:
Senior Financial Analyst - Financial Planning & Analysis
About the Role
We are seeking an experienced FP&A professional to lead cash flow forecasting, annual budgeting, and ongoing financial planning for our retail operations. This role sits at the center of the company's planning cycle, partnering with merchandising, supply chain, operations, and store leadership to translate business plans into financial forecasts — and to explain what the numbers mean when actual results diverge from plan.
The successful candidate will be equally comfortable building a driver-based model from scratch, working through large transaction-level data, and presenting a variance story to senior leadership in plain language. We are actively expanding our use of AI and automation across the Finance function, and this role will help shape how those tools are applied to planning and analysis.
Key Responsibilities
Cash Flow Management and Forecasting
About the Role
We are seeking an experienced FP&A professional to lead cash flow forecasting, annual budgeting, and ongoing financial planning for our retail operations. This role sits at the center of the company's planning cycle, partnering with merchandising, supply chain, operations, and store leadership to translate business plans into financial forecasts — and to explain what the numbers mean when actual results diverge from plan.
The successful candidate will be equally comfortable building a driver-based model from scratch, working through large transaction-level data, and presenting a variance story to senior leadership in plain language. We are actively expanding our use of AI and automation across the Finance function, and this role will help shape how those tools are applied to planning and analysis.
Key Responsibilities
Cash Flow Management and Forecasting
- Prepare, maintain, and continuously improve the rolling cash flow forecast, covering both short-horizon (13-week) working capital needs and longer-range planning views
- Model the cash impact of inventory purchasing cycles, vendor payment terms, seasonal working capital swings, and capital expenditure timing
- Monitor liquidity against credit facility covenants and prepare supporting analysis for lender reporting requirements
- Investigate and explain variances between forecast and actual cash position, identifying the drivers and recommending corrective action
- Partner with Accounts Payable on payment timing, funding requirements, and cash optimization opportunities
Annual Budget and Business Planning
- Working along with Assistant corporate controller prepare the annual budget process end to end: build the calendar, prepare templates and guidance, coordinate departmental submissions, consolidate, and prepare the package for executive and Board review
- Translate strategic business plans into financial models, including new store openings, remodels, category expansions, and major system or infrastructure investments
- Build and maintain driver-based models covering sales, gross margin, shrink, labour, occupancy, and operating expense
- Facilitate budget review sessions with department leaders, challenging assumptions constructively and ensuring plans are grounded in operational reality
Forecasting and Performance Reporting
- Own the periodic reforecast cycle, updating projections for actual results, trend shifts, and changes in business conditions
- Prepare period-end variance analysis covering revenue, gross margin, shrink, and operating expense, with clear written commentary explaining drivers rather than restating figures
- Develop and maintain management reporting packages, dashboards, and KPI reporting for Finance and operating leadership
- Support month-end and period-end close with variance analysis, reasonability review, and identification of items requiring adjustment
Business Partnership and Analysis
- Act as a finance partner to merchandising, supply chain, and operations, providing analysis to support decisions on pricing, promotion, assortment, inventory levels, and vendor terms
- Build financial models and business cases for capital projects and strategic initiatives, including sensitivity and scenario analysis
- Perform ad hoc analysis on margin performance, shrink trends, inventory productivity, and category profitability
- Contribute to continuous improvement of planning tools, models, and processes, including automation of recurring reporting
Qualifications
Required
Required
- Canadian CPA designation (CPA, CA / CPA, CMA / CPA, CGA) in good standing
- Minimum 5 years of progressive experience in FP&A, financial planning, or a closely related analytical finance role
- Retail industry experience, with practical working knowledge of gross margin mechanics, shrink, inventory turns, markdowns, cost of goods sold, and store-level P&L structure
- Advanced Excel skills
- Proven ability to work with large datasets — extracting, cleaning, reconciling, and analyzing transaction-level data across multiple sources
- Strong written communication, with the ability to explain financial results to non-financial audiences
Preferred
- Experience in a multi-store or multi-banner retail environment
- Working knowledge of an enterprise ERP system (Microsoft Dynamics 365, SAP, Oracle, or similar), including report extraction and understanding of underlying data structures
- Familiarity with Power BI or comparable data visualization tools
- Experience with SQL, Power Pivot / DAX, or other tools for handling data beyond Excel's practical limits
- Exposure to lender reporting, covenant compliance, or borrowing base preparation
- Experience supporting an ERP implementation or finance systems transformation
What We Are Looking For
- Analytical judgment. Comfortable working with imperfect data, making and documenting reasonable assumptions, and being explicit about what is estimated versus reported.
- Ownership. Takes a process end to end and improves it, rather than running it as inherited.
- Business curiosity. Wants to understand why a category is underperforming, not just that it is.
- Clear communication. Can distill a complex model into three sentences a merchant will act on.
- Composure under deadline. Period close and budget season are demanding; steady, methodical work matters more than speed alone.
If you believe you have the passion, skills, knowledge and drive to be the successful candidate, talk to your Manager about this amazing job opportunity and submit your application on-line.
London Drugs is an equal opportunity employer. The above statements are intended to describe the general nature and level of work applicable to this position and are not intended to be an exhaustive list of all responsibilities, duties and skills required.
London Drugs is an equal opportunity employer. The above statements are intended to describe the general nature and level of work applicable to this position and are not intended to be an exhaustive list of all responsibilities, duties and skills required.
London Drugs is 100% Canadian owned and is focused on local customers' satisfaction. Across Alberta, Saskatchewan, Manitoba and British Columbia, London Drugs' 79 stores employ more than 8,000 staff dedicated to providing our customers with a superior shopping experience.
At London Drugs, we believe in fostering a culture that treats employees like family. We are committed to providing our employees with a supportive and encouraging environment that promotes professional development and advancement. By fostering this approach, we aim to create an atmosphere where every employee feels supported, appreciated, and motivated to contribute their best to the organization.
When we consider employees for new opportunities or promotions, we see them as integral members of our work family. Our commitment to treating employees like family is reflected in our practices of open communication, recognition of achievements, and providing opportunities for continuous learning and skill development. We want our employees to feel a strong sense of belonging and commitment to their success within the organization.
Therefore, we focus on promoting from within and we invite you to view all live postings to help advance your career with us. We also hold Manager-In-Training programs and LD Career Weeks to help better educate, prepare and support you with your career advancement journey.
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Health Benefits
Comprehensive medical, dental, prescription drug and vision coverage for you and your family
Lifelong Learning
Ongoing In-House Training & Education Courses
EFAP
Employee Family Assistance Program - Free confidential counseling
RRSP
Company matched RRSPs - Helping you plan for your future
Fitness
Enjoy discounted memberships with Goodlife Fitness
Recognition
Employee Recognition Program - Tangible rewards for great work!
Discounts
Employee Discount Program - Sharing our success