Senior Analyst, Store Finance

Our values start with our people, join a team that values you!

Bring your talents to Ross, our leading off-price retail chain with over 2,200 stores, and a strong track record of success and growth. Our focus has always been bringing our customers a constant stream of high-quality brands and on-trend merchandise at extraordinary savings. All while providing a fun and exciting treasure hunt experience.

As part of our team, you will experience:

• Success. Our winning team pursues excellence while learning and evolving
• Career growth. We develop industry leading talent because Ross grows when our people grow
• Teamwork. We work together to solve the hard problems and find the right solution
• Our commitment to Diversity, Equality & Inclusion, and our community. We celebrate the backgrounds, identities, and ideas of those who work and shop with us because our differences make us stronger. We strive to be a positive force in our community.

Our Corporate headquarters are in Dublin, CA, we have 3 buying offices in key markets in New York City, Los Angeles, and Boston, and 8 distribution centers nationwide. With 2023 revenues of $20.4 billion, we are a Fortune 500 company who is committed to providing an inclusive work environment with continuous learning opportunities and development for our teams.

GENERAL PURPOSE

The Senior Analyst, Store Finance will oversee all Capital spend for Store Operations and Loss Prevention. This person will manage critical financial processes like month-end close, forecast, budget, 5-year plan and perform other ad-hoc analysis and reporting, as needed. In addition, the role will manage the Capital Expenditure Request process for all capital projects, frequently interacting with Stores Leadership, Accounting team, and other Business Partners.

This person will report to the Manager of Store Finance. This is an individual contributor position (no 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 $77,900- $117,050. 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 Own the Long Range and Annual Operating Planning Process for Capital Investment within Store Operations and Loss Prevention

• Support annual budget and 5 Year Plan (5YP) processes for Store capital investment across existing stores, new store openings, and G&A functions
• Partner with Stores Leadership on the development of our Capital projections and create materials to highlight key investment areas, establish the story of where capital is being allocated, and detail the risks and opportunities associated with the plan
• Manage the overall planning timeline in conjunction with Corporate FP&A, maintain the inputs and submission files across business partners, and ensure the accuracy of the inputs across teams

Manage the ongoing monthly capital forecasting and consolidation process

• Develop and present variance to budget and forecast explanations to Stores Leadership at month-end, quarter-end, and year-end periods
• Identify the primary drivers of forecast variance and what trends are worth monitoring; help diagnose if variances are driven by business changes or driven by changes to budget assumptions; continually improve forecast accuracy
• Track the ongoing evolution of the capital investment portfolio throughout the year, including capturing new capital projects, releasing funding for paused / deprioritized projects, and identifying sources of funding for new / increased capital projects

Maintain the ongoing systems and reporting structure for Store Capital

• Generate custom Hyperion reports in partnership with Accounting and FP&A to consolidate capital spend history and add more granularity / flexibility to existing reporting structures
• Partner with Hyperion team to make ongoing enhancements to the Hyperion forecasting module
• Create a scoring system with an associated reporting view to analyze budget versus actual cash flow, helping drive accuracy for future forecast cycles with timing of expected spend
• Analyze project ROI to drive strategic insights and project prioritization
• Enhance ROI analysis including tracking project financial results to ensure forecasted improvements to our financial results are realized
• Investigate current non-ROI projects for corresponding sales lift, or payroll savings, and potential inclusion for ROI analysis in the future
• Assist manager on implementing and maintaining an ROI-based framework to assess proposed capital projects to help Store Operations Leadership prioritize future investments

Manage Capital Expenditure Request (CER) process for all Store Operations and Loss Prevention Capital Projects

• Partner with capital project business owners and finance team partners to…