Rack Attack is seeking an ambitious, commercially minded Financial Analyst to join our finance team. With 47 stores across Canada and the United States, multiple sales channels and a growing ecommerce business, Rack Attack offers an exciting opportunity to gain broad financial and operational experience within a dynamic retail environment. Reporting directly to the CFO, this position will play an important role in strengthening financial reporting, improving business performance and identifying opportunities to enhance profitability.
We are looking for someone who enjoys working with data, understanding what drives business performance and finding better ways of doing things. This is an excellent development opportunity for a finance professional looking to build a career in financial planning and analysis (FP&A), commercial finance and business partnering. The successful candidate will gain direct exposure to senior leadership, strategic planning and operational decision-making while helping shape the future direction of the finance function.
Responsibilities:
Financial Reporting and Analysis
- Prepare monthly management reporting packages, financial analysis and performance commentary.
- Analyse financial results against budgets, forecasts and prior periods.
- Investigate financial variances and identify underlying performance drivers.
- Develop and maintain financial and operational KPIs.
- Improve the accuracy, timeliness and effectiveness of management reporting.
Commercial Finance and Business Performance
- Analyze profitability across stores, sales channels, product categories and brand partners.
- Identify opportunities to improve gross margins and control operating costs.
- Investigate business performance trends and recommend improvement opportunities.
- Support initiatives involving retail labour productivity, shipping costs, incentive compensation and inventory performance.
- Partner with operational managers to understand financial performance and support decision-making.
- Develop financial models and business cases to evaluate opportunities.
- Monitor and report on the financial benefits of improvement initiatives.
Financial Planning and Forecasting
- Support the annual budgeting and strategic planning processes.
- Assist with financial forecasts, scenario analysis and financial modelling.
- Support cash flow forecasting and working capital analysis.
- Develop tools and processes to improve forecasting accuracy and efficiency.
- Progressively assume greater responsibility for financial planning and reporting activities.
Technology, Automation and AI
- Identify opportunities to improve financial reporting and analysis through technology and automation.
- Leverage data from financial and operational systems to generate meaningful business insights.
- Support the development of dashboards and business intelligence reporting.
- Explore practical applications of AI to improve analysis, forecasting and productivity.
- Collaborate with IT and other departments to improve data quality and reporting capabilities.
- Support continuous improvement initiatives within the finance function.
Accounting and Process Improvement
- Work collaboratively with the accounting team to ensure accurate and timely financial information.
- Support selected month-end accounting and reporting activities.
- Assist with the transition and improvement of existing reporting processes.
- Participate in departmental efficiency and process improvement initiatives.
Qualifications
- Degree or diploma in accounting, finance, business or a related discipline.
- Approximately 3–5 years of relevant accounting, financial reporting or financial analysis experience.
- Strong Excel skills, including financial modelling and data analysis.
- Sound understanding of accounting principles and financial statements.
- Strong analytical and problem-solving capabilities.
- Excellent communication and interpersonal skills.
- Ability to interpret financial information and communicate findings clearly.
- Strong organisational skills and attention to detail.
- A proactive approach to identifying problems and recommending solutions.
- Demonstrated interest in technology, automation and AI.
Preferred
- CPA designation or active progression towards CPA.
- Experience in retail, ecommerce, distribution or a multi-location business.
- Experience with budgeting, forecasting and management reporting.
- Exposure to ERP systems and financial reporting platforms.
- Experience with Power BI, Looker Studio, SQL or similar analytical tools.
- Familiarity with Shopify, Acumatica or comparable business systems.
