Senior Manager, Media Finance
Loblaw Companies Ltd - Head Office
Toronto, ON-
Number of positions available : 1
- Salary To be discussed
- Full time
- Published on November 13th, 2024
-
Starting date : 1 position to fill as soon as possible
Description
Referred applicants should not apply directly to this role.
All referred applicants must first be submitted through Workday by a current Loblaw Colleague.
Come make your difference in communities across Canada, where authenticity, trust and making connections is valued - as we shape the future of Canadian retail, together. Our unique position as one of the country's largest employers, coupled with our commitment to positively impact the lives of all Canadians, provides our colleagues a range of opportunities and experiences to help Canadians Live Life Well®.
At Loblaw Companies Limited, we succeed through collaboration and commitment and set a high bar for ourselves and those around us. Whether you are just starting your career, re-entering the workforce, or looking for a new job, this is where you belong.
Company Description
Come make your difference in communities across Canada, where authenticity, trust and making connections is valued - as we shape the future of Canadian retail, together. Our unique position as one of the country's largest employers, coupled with our commitment to positively impact the lives of all Canadians, provides our colleagues a range of opportunities and experiences to help Canadians Live Life Well®.
At Loblaw Companies Limited, we succeed through collaboration and commitment and set a high bar for ourselves and those around us. Whether you are just starting your career, re-entering the workforce, or looking for a new job, this is where you belong.
Loblaw Advance™ drives brands forward. We are unlocking Loblaw’s exclusive purchase pattern data, customer intelligence, and millions of daily connections with shoppers to drive growth for our business partners. Backed by both the country’s leading grocery and pharma retailer, and the nation’s leading loyalty program, PC Optimum ™, we have a unique set of assets to help consumer brands reach customers and grow their retail business more effectively. Our dynamic team bridges loyalty, media, product, analytics, insights and strategy disciplines for integrated planning that empowers our own brands and those of our partners to reach Canadian customers at the right time, in the right way.
At Loblaw Advance™, we’re always innovating to stay on the leading edge of a fast-evolving industry. We seek great people who share our principles of authenticity, curiosity, trust, and collaboration. You will get to work with some of the best minds in the industry and have the support of in-house world-class technologies to create solutions our customers will love. We’re able to keep innovating because our colleagues are passionate about their work and excited about the future of retail and media. Come help shape this growing business with us!
Job Description
We are seeking a Senior Manager of Media Finance supporting Loblaw Advance who will serve as a key business partner, collaborating with cross-functional teams to provide insights that enhance business performance and play a crucial role in shaping the financial strategy and operational effectiveness of our media business. This position requires a combination of analytical expertise, strategic thinking, and a deep understanding of the media landscape. You will be responsible for overseeing the financial performance of our media offerings, establishing reports that highlight we are delivering meaningful returns, and that our investments are aligned to overall business objectives.
In this dynamic environment, you will lead the forecasting and month-end revenue recognition processes, collaborating closely with cross-functional teams to ensure that financial accuracy is met within the required timelines. You will leverage data-driven insights to report on the business’ overall performance. Your ability to interpret complex financial data and communicate findings to stakeholders at all levels will be essential in driving informed decision-making.
As the media landscape evolves, you will also be tasked with identifying new opportunities for growth and innovation within Loblaw Advance. By staying abreast of industry trends and best practices, you will help the organization maximize its media potential while maintaining fiscal responsibility.
This role not only requires technical financial skills but also strong leadership capabilities. You will mentor and develop a team of finance professionals, fostering a culture of collaboration and excellence while ensuring financial sustainability and profitability.
Join us in this exciting role, where your financial acumen will be instrumental in driving the success of Loblaws’ Retail Media Network and supporting our overall business objectives.
Key Responsibility Areas
- Act as the primary business lead for finance and revenue operations, driving strategic financial initiatives including, but not limited to, continuous process implementations and improvements, system enhancements, and establishing key business reports while ensuring financial accuracy and sustainability
- Establish and monitor key performance indicators (KPIs) related to sales, product performance, and client engagement to assess the effectiveness of Loblaw Advance initiatives
- Develop comprehensive financial and data reporting projects that provide insights into sales and territory performance, analyzing results against account executive targets to identify risks and opportunities
- Lead and mentor a dynamic team of financial professionals including FP&A Managers, Senior Finance Analysts, and Finance Analysts while overseeing day-to-day operational duties are met, including accounts receivable (AR), accounts payable (AP), reporting, and reconciliation tasks
- Lead revenue operations in forecasting and measuring key sales metrics, including retention, churn, product growth, and client performance, as well as conducting year-over-year analysis
- Present actionable insights and strategic recommendations to senior leadership to identify revenue growth opportunities and formulate risk mitigation strategies aligned with annual sales quotas
- Collaborate with cross-functional stakeholders to ensure data integrity and best practices are implemented; support teams in identifying and addressing gaps through audits and continuous improvement processes
- Serve as the finance lead for the existing Salesforce Cloud system, Advendio, and take ownership of the implementation of new product, reporting, and enhancement initiatives
- Act as a key stakeholder in the development and administration of the sales compensation program, ensuring alignment with business goals and performance incentives
- Manage revenue recognition process from order to cash including tasks related to month-end closing, accruals, cost of goods sold, and journal entries.
- Contribute to the preparation and presentation of periodic KPI metrics to senior leadership and key business stakeholders, ensuring alignment with strategic goals and highlight key trends and areas of opportunity
- Develop and maintain financial models to assess media performance metrics, ensuring data accuracy and relevance
Qualifications
- Bachelor’s degree or College Diploma in a related field such as Business Administration, Advertising, Marketing or Finance (preferred)
- 5+ years of progressive experience in financial management preferably within a business partnership capacity
- Understanding of financial accounting principles
- Excellent analytical skills, and experience building and working with financial models
- Experience working with Canadian Industry tools for media buying and financial operations
- Strong grasp of programmatic media financials as it relates to vendor trafficking and scheduling reconciliation, programmatic fees, and overall bottom-line reconciliation
- Strong competency in Excel including VLOOKUP & Pivot Tables
- Agency operations / financial experience is an asset
Our commitment to Sustainability and Social Impact is an essential part of the way we do business, and we focus our attention on areas where we can have the greatest impact. Our approach to sustainability and social impact is based on three pillars - Environment, Sourcing and Community - and we are constantly looking for ways to demonstrate leadership in these important areas. Our CORE Values - Care, Ownership, Respect and Excellence - guide all our decision-making and come to life through our Blue Culture. We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits - these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.
If you are unsure whether your experience matches every requirement above, we encourage you to apply anyway. We are looking for varied perspectives which include diverse experiences that we can add to our team.
We have a long-standing focus on diversity, equity and inclusion because we know it will make our company a better place to work and shop. We are committed to creating accessible environments for our colleagues, candidates and customers. Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.
Please Note:
Candidates who are 18 years or older are required to complete a criminal background check. Details will be provided through the application process.
Requirements
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