GENERAL PURPOSE:

Store Operations and Loss Prevention are large organizations with a wide breadth of departments that directly support Stores and Field teams. These teams manage recurring maintenance activities as well as several major initiatives each year.

The Senior Director of Store Finance will oversee all Capital and Fixed Expense spend for Store Operations and Loss Prevention. This person will manage a team of ~10 and lead critical financial processes like month-end close, forecast, budget, and 5-year planning. In addition to providing regular analysis and reporting like capital tracking, actual vs. budget variance analysis, and quarterly Board preparation support schedules, the Store Finance team is also responsible for performing ad hoc strategic analysis and reporting, as needed, for Stores Leadership and Executives.

This person will report to the Group Vice President of Store Finance & Operations and interact frequently with Stores Leadership, the Accounting team, the Corporate FP&A team, and other Business Partners. This Director will start with 3 direct reports.

Ross Stores has a hybrid work model - we are in the Dublin Corporate office 3 days a week.

The base salary range for this role is $158,300 - $297,950. The base salary range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.

ESSENTIAL FUNCTIONS:

Lead month-end close and forecasting processes for Store Operations and Loss Prevention
• Lead and supervise processes to track and forecast Store Fixed Expense and Store Capital spending. Activities include preparation of weekly / monthly expense and capital forecasts to the Corporate FP&A team, monthly accruals and journal entries, and monthly actual to budget variance analysis.
• Monitor actual expense and capital expenditures and research anomalies; work with Stores Leadership and their teams to ensure appropriate controls are in place to manage all store-related expense and capital spending.

Lead multi-year financial planning and annual budgeting processes for Store Operations and Loss Prevention
• Support Store Operations and Loss Prevention strategic multi-year planning; lead and manage the annual budgeting and 5- year planning processes for all Store Fixed Expense and Store Capital accounts.
• Partner with Stores Leadership and their teams to ensure budgets and 5-year plans are created based on sound assumptions and are accurate.
• Create materials to socialize budgets / plans with Stores Leadership and Executives and drive all follow-ups to completion.
• Interact frequently with Corporate FP&A to share updates and submit final plans into Hyperion.

Lead Board preparation activities (5x a year)
• Develop and present variance to budget and forecast materials to Stores Leadership and Executives.
• Support month-end and quarter-end reporting processes, including partnering with Accounting and Financial Reporting teams on Board variance explanations and supporting backup.

Own financial oversight over complex, multi-year capital initiatives within the Store Operations organization.
• Manage monthly forecasts for these accounts.
o Work with Store Operations business partners to analyze monthly and quarterly expense and capital spending variances to proactively address unfavorable trends and drive best-in-class financial management.
o Partner with Store Operations Leadership to maintain strong financial oversight and controls.
• Manage the multi-year financial planning and annual budgeting processes for these accounts.
o Ensure budgets / plans are based on sound assumptions and are vetted and reviewed by Store Operations Leadership.
o Compare budgets / plans to Corporate Finance targets and partner with Store Operations Leadership to identify opportunities to close the gap.
• Partner with Store Operations business partners to ensure timely completion of deliverables, ensuring the "right" level of detail and accuracy.

Identify and drive initiatives that improve key processes, including systems / technology enablers.
• Evaluate current processes, identify areas where operational continuous improvement is needed, and work with Store Operations / Loss Prevention Leadership, and other stakeholders to root cause problems and implement improvements.
• Work cross-functionally to identify and implement systems / technology enablers that will make expense tracking and financial management (at the store level) more efficient.

Structure and conduct ad hoc strategic analyses to answer questions that arise around recent store performance trends, capital spending return on investment, impact from operational issues / decisions, and other topics.
• Prepare communication (written and oral) that effectively communicates the results and implications from the analysis to Stores Leadership audiences
• Provide analytical support and scenario analysis to support decision making.
• Serve as thought partner to Store Operations / Loss Prevention Leadership to drive better financial decisions.

Develop a high-performing and effective team
• Coach and develop the team to maximize performance and value addition to the company while maintaining high morale

COMPETENCIES:
• Managing and Measuring Work
• Communication
• Drive for Results
• Business Acumen
• Planning and Organizing
• Building Effective Teams
• Analysis and Judgement
• Developing Direct Reports

QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:
• Bachelor's degree required with demonstrated superior college performance (preferably in an analytical field such as Finance, Economics, Accounting, etc.)
• 10 years of post-college professional work experience with demonstrated success at increasing levels of responsibility. MBA preferred.
• Strong familiarity with core financial planning and analysis processes including budgeting, forecasting and financial control process design. A clear understanding of financial, statistical and economic concepts.
• Demonstrated track record as an outstanding problem-solver and strategic thinker
o Able to quickly identify key issues and develop hypothesis
o Able to work in and bring structure to ambiguous environments
• Outstanding analytical ability - must have a data driven approach to solving problems. Strong quantitative skills, a good sense of how to dissect problems and a strong ability to "connect the dots" - e.g., understand how pieces of data interact with each other or how one finding should inform the result of another analysis
• Strong written and oral communicator with proven ability to communicate with and influence senior audiences, strong presentation and deck writing skills. Must be very comfortable with Excel and PowerPoint and have the ability to learn business process software applications (Hyperion, Peoplesoft).
• Dynamic, intellectually curious and self-motivated - must have the business acumen and drive necessary to be part of managing in a fast-paced, changing retail environment
• A detail-oriented and disciplined approach to managing work processes. Must pay very close attention to details and have the drive to get things right
• Track record of successful team development - managing a team to high levels of performance and developing team members for growth and advancement
• Strong collaboration skills and a clear interest in relationship building - needs to be able to build effective working relationships with a broad range of people across the organization
• Unquestionable personal and professional character and integrity - must be trustworthy with confidential information
• Prior retail or related experience is preferred. An ideal candidate understands the intricacies of a retail P&L and balance sheet and will understand the financial operating requirements of an off-price, low-cost retail operator

PHYSICAL REQUIREMENTS/ADA:

Job requires ability to work in an office environment, primarily on a computer.
Job requires sitting, standing, walking, hearing, talking on the telephone, attending in-person meetings, typing, and working with paper/files, etc.
Consistent timeliness and regular attendance.
Vision requirements: Ability to see information in print and/or electronically.
This role requires regular in-office presence, including to engage in in-person team interaction, meetings and collaboration, client support, mentoring, coaching, and/or feedback. However, this role can perform duties effectively using a combination of in-office and remote work.

#LI-Hybrid

SUPERVISORY RESPONSIBILITIES:

Sr. Manager, Store Finance
Manager, Store Finance
Manager, Store Finance

DISCLAIMER

This job description is a summary of the primary duties and responsibilities of the job and position. It is not intended to be a comprehensive or all-inclusive listing of duties and responsibilities. Contents are subject to change at management's discretion.