Loss Prevention Analyst
1 month ago
About Us
Established in 1982, Bulk Barn is Canada's largest bulk food retailer with close to 300 stores and growing The key to our success is progressive thinking, detailed/ methodical planning and flawless execution by passionate people across our organization. We strive to foster a balanced and flexible culture that benefits both our customers and employees.
**Our Values**:
- High Standards
- Passionate
- Committed
- Exciting and Fun
- Supportive
- Customer Oriented
What We Offer
In addition to a competitive compensation program and employer-paid benefits, we also include:
- 32-hour flexible work-week program currently being tested
- Use of top-tier on-site fitness facility at our Corporate Head Office free of charge to employees
ABOUT THE ROLE
The Loss Prevention Analyst role is responsible for supporting the Director, Loss Prevention with gathering, organizing, and analyzing retail operations data to identify ways to increase profits through operational controls. This position is directly responsible for carrying out loss prevention audit processes and detailed review of reports, transactions, and other data to uncover store activities that result in losses due to theft, fraud, and errors.
**Responsibilities**:
- Project/Task Management
- Assist with gathering retail operations data and providing findings to the Director, Loss Prevention.
- Performance of first level loss prevention audit procedures.
- Continue to evaluate store post audit and assist in second level for stores that persist with signs of loss.
- Detailed review of store data, electronic journals, staffing information and other documents and reports to uncover the cause of losses at store level.
- Assist Director, Loss Prevention with activities to minimize waste and maximize gross profit related to seasonal programs, waste, store inventory levels, accuracy of store item files and sell-off of inventory prior to renovation.
- Work with IT on developing reports to assist in the loss prevention process.
- Analyze coupons, promotions, discounts, returns, corrects, sale items, cake pan deposits, no sales, cashier accountability statistics, open departments, cash losses, etc. Work closely with store operations to resolve issues.
- Generate scheduling reports to be used by loss prevention team and store operations to ensure proper scheduling, within budget, at store level.
- Generate payroll reports of hours and dollars to be used by loss prevention team and store operations to ensure payroll expense does not exceed budget.
- Produce payroll reports and assist with the preparation of the corporate store payroll budget.
- Generate Store Inventory Balance reports and analysis, to assist the Executives and Operations in managing to budget or Inventory Target.
- Ensure accuracy compliance for the weekly submitted Store Waste Logs and follow up for non-compliance.
- Assisting in the foreplaning and accurate execution of Corporate Store Annual Inventories. Intensely supporting the Stores conducting inventories through the month and half duration, with a black out for vacation. And finally assist in tracking and analyzing the results.
- Communication
- Communications, both verbal and written, are to be professional, timely, thorough, and proactive whenever possible.
- Ensure regular updates and completion timelines are effectively communicated to management.
- Problem Solving
- Work with HR, payroll, and operations to resolve issues proactively and/or as they arise and report unresolved issues to the Manager, Loss Prevention
- Work with Corporate Store Accounting and operations to again resolve issues Store Inventory Balances or Store financial reporting.
- Accountability
- Ensure integrity and accuracy of data for all reports generated.
- Ability to handle and manage confidential issues with a high degree of professionalism and discretion.
- Take ownership of all assigned tasks
- Assist with ad hoc reports as assigned.
- Analytical Skills
- Work with Director, Loss Prevention to:
- Analyze retail operations data, prepare reports, and make recommendations,
- Analyze financial and non-financial data to identify trends and irregular transactions.
- Troubleshoot and resolve problems within the short and long term.
- Quality
- Ensure all documents, reports and communications generated are accurate, print ready and meet Company standards in advance of submission.
- Detail Oriented
- Ensure accuracy of all reports and documents
- Ensure all documents and reports are audited and error free in advance of submission for review by Manager, Loss Prevention.
- Teamwork
- Work in partnership with other department teams to ensure data integrity and timely submission of required analysis, reports, budgets, etc.
- Work in partnership with other department teams to ensure alignment in the interpretation of data provided in advance of presentation to the Manager, Loss Prevention.
- Promotes and works to maintain workplace wellness, health, and safety, through
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