Experience:
3-5 years of experience
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Employment Type:
Full time
Posted:
7/18/2017
Job Category:
Accounting
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Financial Analyst Job
TJX | Marlborough, Massachusetts
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Job Description

Success is always in style at TJX! Continue to explore career opportunities at TJX, a Fortune 100 company and the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. At TJX, we are proud that, for 40 years, we have been providing amazing value to our customers, but the merchandise we sell is just part of our story. We believe our Associates bring our business to life, and we aim to support you by making TJX a terrific place to work. We are committed to leveraging our differences, and believe that the diverse skills, experiences and background that you bring into the organization will help us continue to succeed. 

Our retail chains include TJ Maxx, Marshalls, HomeGoods, Sierra Trading Post and Homesense, as well as tjmaxx.com and sierratradingpost.com in the U.S.; Winners, HomeSense and Marshalls in Canada; TK Maxx in the U.K., Ireland, Germany, Poland, Austria and the Netherlands, as well as Homesense and tkmaxx.com in the U.K.; and Trade Secret in Australia. With over $33 billion in sales, more than 3,800 stores, and 235,000 Associates in 2016, TJX is an exciting place to grow your career!

 

 

FINANCIAL ANALYST

 

POSITION LOCATED IN OUR MARLBOROUGH, MA OFFICE

 

Job Summary:

Performs monthly close functions and reconciliations for all sales related accounts for TJ Maxx, Marshalls, and HomeGoods to ensure the integrity of the accounts. Prepares key financial management reports, analyzes trends associated with these accounts, and summarizes key points to management. Prepares the annual plan for all sales related accounts. Reviews the plan monthly and prepares and submits the Rolling Plan for usage and rate trending changes on each account. Prepares all ad-hoc analyses as required for all three chains. Partners with Systems to resolve issues affecting financial records and to develop, test and implement future enhancements and new business requirements as related to specific responsibilities. Documents procedures and systems to ensure efficiency and effectiveness. Recommends changes to improve the financial affect that Sales Audit processes and/or procedures have on related accounts. Trains associates as required.

 

Major Areas of Responsibility:

50% of time:  Ensures the integrity of sales related accounts, including but not limited to, sales, credit and debit card receivables and expenses, chargeback expense, merchandise credit, gift certificate and stored value card liabilities. Performs monthly close functions, including preparation and review of journal entries and reconciliation of accounts as well as researches material variances for resolution. Communicates with Business Planning & Analysis and Financial Accounting throughout the process to ensure successful close.

 

Prepares and distributes several key financial management reports highlighting key aspects for reference. Analyzes and prepares Executive Summaries to communicate with Business Planning & Analysis and Financial Accounting on all associated accounts for month, quarterly and year end process. Utilizes advanced system skills to access, download and manipulate data and create effective spreadsheets. Communicates and resolves systems issues with the Systems division as related to the financial data.

 

30% of time: Prepares the annual plan for all sales related accounts. Analyzes the accounts on a monthly basis forecasting future months due to trending and industry changes. Communicates changes to Business Planning & Analysis, Financial Accounting and Finance Management.

 

10% of time: Documents existing systems and procedures to ensure efficiency and accuracy. Partners with the Systems division to develop, test and implement new business plans and system enhancements. Works with Systems to resolve issues relating to financial records or accounts.

 

10% of time: Performs or assists with special projects and analyses as required.

 

Requirements:

  • Excellent analytical and problem-solving skills
  • Excellent interpersonal and communication skills
  • Excellent spreadsheet/Excel skills
  • Solid knowledge of accounting principles
  • Ability to manage tight deadlines in a fast paced environment
  • 2-3 years experience in account reconciliation and analysis
  • Bachelor's Degree in Accounting, Finance or related discipline

 



What's In It For You?



TJX has campuses conveniently located off the Mass Pike and Route 495. With us, you'll not only enjoy working for an industry leader, but we also strive to provide a competitive salary and benefits package.

TJX considers all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status, or based on any individual's status in any group or class protected by applicable federal, state, or local law. TJX also provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.

Posting Notes: Marlborough  || Massachusetts

About TJX

The TJX Companies, Inc. (TJX) is an off-price retailer of apparel and home fashions in the United States and worldwide. TJX operates five business segments, three in the United States and one each in Canada and Europe. All of the Company's stores, except HomeGoods and HomeSense, sell apparel for the entire family, including footwear, jewelry and accessories, and a limited offering of giftware and home fashions. The HomeGoods and HomeSense stores offer home fashions and home furnishings. During the fiscal year ended January 31, 2009 (fiscal 2009), TJX derived approximately 62% of its sales from clothing (including footwear), 25% from home fashions, and 13% from jewelry and accessories. In fiscal 2009, the Company sold Bob's Stores, a branded apparel chain. (Source: 10-K)

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