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.
Manager, Treasury
Location: Toronto, Ontario
Department: Treasury
Overview:
George Weston Limited (“GWL”) is a major Canadian public company, founded in 1882. GWL’s portfolio of companies includes Loblaw Companies Limited and Shoppers Drug Mart, representing Canada’s largest food and drug retail businesses, and Choice Properties REIT which is Canada’s preeminent diversified Real Estate Investment Trust. Choice Properties REIT owns over 700 high quality commercial and residential properties across Canada, and with over 2,400 stores, Loblaw and Shoppers Drug Mart retail operations reach most Canadians, serving their everyday food, health, and wellness needs. Through this group of companies, GWL owns and operates several iconic Canadian brands including Loblaw, Shoppers Drug Mart, President’s Choice, No Name, Life, Joe Fresh, Quo, PC Financial and T&T Supermarket.
Reporting to the Senior Manager, Treasury, the Manager, Treasury will be responsible for supporting the cash flow forecast, strategic planning, and cash reporting activities for the George Weston group of companies.
As the successful candidate, you will be provided with the unique opportunity to develop and build your technical and foundational knowledge of key Treasury functions. We believe in building our talent within; creating opportunities for our employees to grow the skills necessary to advance and prosper in future opportunities within the Organization.
Responsibilities
- Prepare and monitor short-term cash flow forecasts for the George Weston group of companies
- Develop strong partnerships across the business to understand future liquidity and working capital requirements for the operating businesses
- Assess cash flow forecast accuracy by performing financial and variance analysis while communicating updates to senior management on a timely basis
- Proactively seek opportunities to optimize liquidity processes and drive forecast improvements by leveraging technology and statistical models
- Enhance reporting capabilities by integrating data from various data systems and create dashboards using PowerBI
- Analyze and interpret data received from the operating businesses and provide recommendations to improve working capital and/or cash flows
- Prepare cash reports and support the review of financial statements as it relates to cash flow and liquidity
- Assist in preparing presentations in support of board and shareholder meetings, monthly/quarterly senior leadership meetings and various strategic committees of the company
- Work closely with the company’s internal Treasury Management System and Cash Forecasting software to input and/or approve transactions
- Perform cash management activities related to debt borrowings and acquisitions
- Support other Treasury initiatives and functions, as required
Qualifications:
- 3-5 years of experience in managing liquidity or in a similar capacity
- A Finance, Business, Accounting related degree (or similar) is required
- Accounting/Finance designation (CPA or CFA) is preferred
- Experience working with PowerBI is an asset
- Good understanding of accounting concepts, working capital, and financial statements
- Self-starter with a willingness to actively engage with stakeholders to better understand the business
- Strong quantitative and analytical skills with aptitude for creating effective spreadsheets and explaining variances
- Excellent interpersonal and communication skills (both written and verbal) and able to communicate and with all levels of the organization, in a professional and competent manner
What’s in it for you?
- Unique opportunity to join a dynamic team with a proven industry leader.
- Ongoing opportunities for learning and career development within the Weston companies.
- Dynamic and fast-paced work environment.
- A competitive compensation and benefits package.
- Employee share ownership program and pension plan.
- Continuous learning through development reimbursement.
- Summer hours.
- Business-casual attire / Dress for your day.
- Strong culture of diversity and inclusivity.
- Commitment to community support and volunteerism.
- Recognition and social events.
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.
