E-commerce Financial Analyst

1 week ago


Concord, Canada GTD Supply Full time

**About GTD Supply**:
Established in 2011, GTD Supply is a leading provider of home improvement products, kitchen faucets, renovation materials, and power tools for both commercial and residential sectors. We take pride in delivering the best shopping experience to our customers through a wide variety of high-quality goods stocked regularly at competitive prices. With a customer-centric approach, our well-trained customer service team exceeds client expectations by offering extensive product knowledge and support. Our operations span across Canadian, United States, Mexico, and European markets, with a strong presence in major e-commerce channels and our brick-and-mortar store located at 45 Tigi Court, Vaughan, ON.

We are seeking a highly motivated and detail-oriented **E-Commerce Financial Analyst**to join our passionate team. In this full-time role, you will play a critical part in analyzing financial data, providing actionable insights, and supporting strategic decision-making to enhance the performance of our e-commerce business across platforms like Amazon, Shopify, and more. This is an exciting opportunity to directly contribute to the growth and success of our dynamic e-commerce operations.

**Duties and Responsibilities**:
**1. Financial Planning and Budgeting**:

- Collaborate with various departments to develop and manage the annual budget and financial forecasts.
- Monitor and analyze budget vs. actual performance, identifying variances and providing explanations for deviations.

**2. Financial Reporting and Analysis**:

- Prepare regular financial reports, including income statements, balance sheets, and cash flow statements.
- Conduct financial analysis to assess profitability, revenue trends, and key performance indicators (Priority goals).
- Provide in-depth analysis of financial data to support strategic business decisions and improvements.

**3. Sales and Revenue Analysis**:

- Analyze sales data and revenue trends across different product categories, regions and marketplaces.
- Identify opportunities for growth and improvements by controlling product pricing and promotions.

**4. Cost Analysis and Expense Management**:

- Monitor and analyze cost structures, including COGS (Cost of Goods Sold) and operating expenses.
- Identify cost-saving opportunities and efficiency improvements to enhance profitability.

**5. Pricing and Margin Analysis**:

- Evaluate product pricing strategies and their impact on gross margins and overall profitability.
- Monitor pricing to optimize margins and competitiveness.

**6. Inventory Management**:

- Assist in inventory analysis, ensuring optimal stock levels to minimize holding costs and stockouts.
- Collaborate with the operations team to manage inventory turnover and identify slow-moving items.

**7. Financial Modeling**:

- Develop financial models to assess the potential impact of new business strategies, or investments.
- Conduct sensitivity analysis and scenario planning to understand potential risks and opportunities.

**8. Performance Metrics and Company KPIs**:

- Define and track key performance metrics to assess business performance and identify areas for improvement.
- Present findings to management and provide practical recommendations.

**9. Forecasting and Projections**:

- Collaborate with cross-functional teams to create financial forecasts and projections for the business's future performance.
- Update forecasts regularly based on market dynamics and internal business changes.

**10. Ad-Hoc Analysis and Special Projects**:

- Engage in spontaneous financial analysis and undertake specialized projects as the company's management necessitates.

**Qualifications and Skills**:

- **Minimum of 3 years of experience** in a Financial Analyst role, preferably within e-commerce or a related industry.
- **Strong interpersonal skills** to communicate financial concepts effectively to non-financial stakeholders and collaborate across departments.
- **Advanced proficiency in Microsoft Excel**, with at least 3 years of experience using complex functions such as IF, VLOOKUP, pivot tables, and data analysis tools.
- **Bachelor’s Degree in Finance, Accounting, Business, or a related field** (required).
- **Excellent written and verbal communication skills in English**; proficiency in additional languages such as Russian or Ukrainian is considered an asset.
- **Exceptional analytical and problem-solving skills**, with a demonstrated ability to identify trends, create actionable insights, and support data-driven decision-making.
- **Proven ability to multitask** and perform effectively under pressure in fast-paced, deadline-driven environments.
- **Highly organized, detail-oriented, and self-motivated** individual with a track record of success in both independent and team-based projects.
- **Creative thinker with a proactive approach**, capable of proposing innovative solutions to complex challenges.

**Job Details**:

- **Job Type**: Full-time, Permanent
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