At a Glance
- Tasks: Develop analytical models and manage inventory databases to support decision-making.
- Company: Join a dynamic team focused on optimizing inventory and financial performance.
- Benefits: Competitive salary, professional development, and opportunities for growth.
- Other info: Collaborative environment with exciting projects and a focus on innovation.
- Why this job: Make a real impact by improving inventory processes and driving business insights.
- Qualifications: Bachelor’s degree in finance or accounting with 5+ years of relevant experience.
The predicted salary is between 82800 - 101200 $ per year.
Job Summary
The role involves developing analytical models and an inventory database to effectively support decision-making and monitor key performance indicators such as inventory turnover, margins, inventory in transit, and aging, while conducting in-depth analyses of inventory shrinkage to identify trends, root causes, and opportunities for improvement.
- Key Accountabilities
- Develop optimized analysis models to support decision-making, including building and maintaining the inventory. database to track key performance measures (inventory turnover, margin, inventory in transit, age of inventories, etc.).
- Perform in depth analysis of inventory shrinkage across many dimensions (store type, region, departments, product categories, etc.) to highlight trends, root causes and opportunities to improve shrinkage.
- Prepare financial analysis and reporting for monthly and quarterly financial and presentations.
- Provide insight and analysis on key factors impacting the inventory forecast (inventory levels, margins, key cost drivers, etc.).
- Develop, maintain, and enhance Power BI dashboards to provide visibility into inventory performance metrics (aging, turns, margins, shrink) at various levels (SKU, store, region).
- Support system implementations, enhancements, and testing (e. g., new distribution centers, process changes) by validating inventory data and reporting outputs.
- Led the transition and optimization of inventory reporting into Power BI, including testing, validation, and documentation.
- Partner cross‑functionally with Replenishment, Accounting, FP&A, and Operations to ensure alignment and successful execution of inventory‑related initiatives and process improvements.
- Ensure strong internal controls over inventory, including monitoring accuracy, completeness, and integrity of inventory records (Compliance with 52-109).
- Support internal and external audit processes by preparing timely and accurate documentation and reconciliations.
- Collaborate with FP&A and project teams to evaluate shrink reduction initiatives, including the financial impact, coordination of counts with stores to support the payback analysis.
- Prepare and analyze estimated store inventory level to support operational planning, including labor budgeting for inventory counts.
- Validate third‑party inventory count results and ensure accurate receipt and transmission of master data files.
- Job Requirements
- Bachelor’s degree in finance, Accounting, or related field.
- 5+ years of experience in a similar role or financial/accounting analysis role with exposure to inventory, forecasting, and margin/cost analysis.
- Experience working with a large ERP system (SAP strongly preferred).
• Advanced analytical capabilities, including
- Excel (Advanced)
- Power BI or similar visualization tools
- Strong ability to manage and interpret large, complex datasets
- Strong attention to detail with a high degree of accuracy
- Professional Attributes
- Proactive mindset with the ability to identify issues and drive solutions independently.
- Ability to work effectively in a fast-paced, dynamic environment with competing priorities.
- Strong communication skills (written/verbal).
- Key Profile types
- Highly analytical, with proven experience working with high-volume data and translating it into business insights.
- Strong attention to detail paired with an ability to understand the broader financial and operational impacts.
- Experience in forecasting, modeling, and variance analysis.
- Collaborative team player with strong communication and stakeholder engagement skills.
- Proactive, curious, and continuously looking to improve processes and add value.
- On going key initiative in inventory
- Preparation for implementation of new DC in Calgary on a new warehousing system.
- Transition of many key inventory reports from BW to Power BI.
- Optimization of shrink analysis process and posting to deliver quicker financial results and optimize visibility on financial results in our system.
- Support with knowledge sharing with TRS for best practices.
We thank all interested applicants. Only those selected for an interview will be contacted by our recruitment team.
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Senior Analyst, Inventory & Controls employer: Dollarama
Dollarama is an exceptional employer that fosters a culture of continuous improvement and collaboration within its Calgary Distribution Centre. Employees benefit from comprehensive training programs, opportunities for professional growth, and a supportive work environment that values innovation and teamwork. With a focus on operational excellence, Dollarama empowers its team members to make meaningful contributions while enjoying a dynamic and rewarding workplace.