Senior Analyst, Store Payroll Budgeting and Planning

General Purpose

The Senior Analyst of Store Payroll Budgeting and Planning will drive and execute the end-to-end annual planning/budgeting cycle for Store Payroll, which funds labor expenses in all Ross and dd’s stores. Using a range of data sources and key assumptions, the Senior Analyst will create the annual Budget and 5-Year Plan for Store Payroll, reflecting the labor required to operate all stores throughout the year.

In this process, the Senior Analyst will ensure that the Budget/Plan accounts for new initiatives, adjustments to our store operations, new technology that drives efficiency, or changes to our strategy (for example, the launch of our Ross-branded credit card) that require updates to how we plan labor in Stores. In addition to “core” planning activities, the Senior Analyst will assist with additional analysis on Store Payroll (for example, budget variance explanations), and will contribute to executive-facing materials that explain our annual Budget and 5-Year Plan to executive leadership.

Lastly, the Senior Analyst will execute changes (e.g., new file structures, new systems) to make the Store Payroll planning and budgeting processes more efficient.

NOTE:

This position is focused on the planning, budgeting, and analysis of Store Payroll expense, and sits within the Store Finance team. This role is NOT responsible for issuing employee paychecks or administering employee payroll.

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.

• Create the Annual Budget and the 5-Year Plan for Store Payroll for all Ross and dd’s locations

Update all key Store Payroll planning processes and files, using internal data sources and projections from different departments / teams.

• Build in the impact from labor saving initiatives and reflect their impact on Store Payroll — in partnership with the Method Improvements team
• Own analysis and complete schedules to support the recurring review of quarterly results (in preparation for the quarterly Board of Directors meeting)
• Own and update our wage rate model, which drives assumptions about average hourly wage rate by position, by month, by chain, factoring-in assumptions about minimum wage growth, wage inflation, turnover, and annual employee merit increases

Execute efficiency how we budget, plan, and manage all Store Payroll expenses.

• Implement changes/improvements to budget file architecture, data sources, and the use of key systems
• Mitigate potential issues, challenges, or risks during the annual budgeting process

Assist with additional Store Payroll analyses throughout the year, particularly those related to our store labor strategy.

• Maintain and update documentation on Store Payroll planning/budgeting processes over time, to reflect process improvements that are made.

• Managing and Measuring Work
• Communication
• Business Acumen
• Drive for Results
• Planning and Organizing
• Process Management
• Attention to Detail

• Bachelor’s degree required with demonstrated superior college performance (preferably in business, finance, economics, mathematics, operations, accounting, or an analytical field).
• Minimum of 3-5 years post college experience with demonstrated success at increasing levels of responsibility
• Comfort with core financial planning and analysis processes including budgeting, forecasting and variance explanations
• Demonstrated analytical ability – must have a data driven approach to solving problems.
• A clear understanding of basic financial, statistical and economic concepts
• Strong communication skills — both verbal and written. This includes explaining results and implications of analysis in both verbal and written (PowerPoint) forms
• A detail-oriented approach:
  Must pay very close attention to details and have the drive to get things right
• Relationship Building — needs to be able to build…