Financial Planning & Analysis Manager

Neighbourly Pharmacy is looking for a Financial Planning & Analysis Manager (FP&A) to join our expanding Finance team, to support the continued growth and further enhance our strategic financial planning abilities to better support the performance of our 300+ pharmacies across Canada! Our Support Office is located in Etobicoke, ON, however this role has the ability to work remotely within the GTA.

About Us:

Neighbourly Pharmacy is Canada's largest and fastest-growing network of community pharmacies. With over 300 locations, our team of experienced industry leaders are passionate about providing exceptional patient care to our communities. We have been recently recognized as one of Canada’s Best Managed Companies. We know that our people are our most valuable asset, and we take pride in helping our employees realize their career goals.

Our Growth:

Neighbourly Pharmacy is continuing to grow rapidly across Canada.  In March 2024, Neighbourly Pharmacy returned to being a privately-owned company and was also recognized as the one of the Best Managed Companies in 2024 (sponsored by Deloitte Canada Best Managed Gold Standard Winner), Canada’s Top Growing Companies (by Globe and Mail) 3 years running and recognized on the 2022 The New Innovators list (by Canadian Business magazine & in partnership with the Brookfield Institute for Innovation + Entrepreneurship).

We thank all those who apply, however, only those that qualify for an interview will be contacted.

Location:

This role is hybrid, and may require travel into the office for meetings as required by department leaders.

JOB DESCRIPTION:

The FP&A Manager plays a critical role in providing financial insights, analysis, and support to drive strategic decision-making and optimize performance across our pharmacy operations. Reporting directly to the Director of FP&A, the Manager has a strong background in finance, exceptional analytical skills, excellent business partnering and experience in the retail sector.

RESPONSIBILITIES:

• Financial Analysis: Conduct in-depth financial analysis of pharmacy operations, with a focus on retail metrics such as same store sales growth, inventory turnover, and gross margin analysis, as well as operational costs such as labour, occupancy and general expenses.
• Business Partnering: Act as a strategic business partner, collaborating with cross-functional teams to drive data-driven decisions and optimize business performance
• Budgeting and Forecasting: Lead the budgeting and forecasting processes for the regional operations group, incorporating retail-specific factors and market trends into financial plans.
• Performance Reporting: Provide regular performance updates in a clear and concise manner to key stakeholders, providing insights into retail performance metrics and identifying areas for improvement.
• Cost Management: Identify opportunities to optimize costs and improve efficiency in retail operations, collaborating with operational teams to implement cost-saving initiatives.
• Strategic Planning: Provide financial insights and support to senior management in retail strategy development, including store expansion plans, store closures, and market penetration strategies.
• Financial Modeling: Develop and maintain financial models to support business planning, including new store pro forma analysis, ROI calculations, and scenario planning.
• Forecast Accuracy: Monitor and assess the accuracy of retail sales forecasts, identifying and addressing any discrepancies or variances to improve forecast reliability.
• Cross-Functional Collaboration: Collaborate with cross-functional teams, including retail operations, marketing, and central operations, to align financial plans with overall business objectives and drive coordinated execution.
• Process Improvement: Identify opportunities to streamline financial processes, improve efficiency and enhance the quality of financial reporting and analysis.
• Ad-Hoc Analysis: Conduct ad-hoc financial analysis and projects as required, providing actionable insights and recommendations to support retail initiatives and strategic decision-making.

QUALIFICATIONS & SKILLS

• Bachelor's degree in Finance, Accounting, Economics, or related field (MBA or advanced degree preferred).
• Proven experience (5+ years) in financial planning and analysis, with a focus on retail operations and merchandising.
• Strong analytical skills with the ability to interpret complex financial data and retail performance metrics.
• Strong business partnering skills with the ability to influence and collaborate across departments
• Experience in the retail sector, with a deep understanding of retail-specific financial metrics and analysis techniques.
• Advanced proficiency in Microsoft Excel, Powerpoint and financial modeling.
• Experience with Microstrategy and Vena a plus.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with remote teams.
• Highly organized with strong attention to detail and the ability to manage multiple priorities in a fast-paced retail environment.
• Proactive mindset with a commitment to continuous improvement and driving results in a retail setting.

Neighbourly Pharmacy is an equal opportunity employer. We are committed to deliver accessibility and equality to all job applicants, staff, and our customers. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired.