243 Consumers Road, Toronto, Ontario, M2J 4W8
The decision to join a company is a big one. We have opportunities for hard working, energetic and reliable people just like you.
Why is this role important?
Summer Student – Pharmacy Finance and Business Development
We are a leader in retail and pharmacy. Well-known and convenient, with an extensive store network servicing the needs of Canadians.
We are a Canadian success story of 50 years, created by recognizing needs, building relationships and focusing on doing what’s needed for our patients and customers.
And right now, that means providing more ways to care through our pharmacy services.
Our Pharmacy team at our Central office drives the strategy and service planning for our store pharmacies, to ensure our patients get the best and most innovative services to help them with their healthcare needs.
We help ensure Shoppers remains a leader in retail pharmacy, innovating new product and service offerings on a national and provincial stage, setting strategy, taking smart risks and responsibility for our recommendations, and getting things done .
Shoppers Drug Mart is one of the most recognized and trusted names in Canadian retailing, with over 1,200 Shoppers Drug Mart and Pharmaprix stores in each province and three territories. We are one of the most convenient retailers in Canada, proudly serving Canadians who believe being healthy means looking and feeling good.
We are hiring a Summer Student, Pharmacy Finance and Business Development (4 month term)
Shoppers Drug Mart is looking for a year 3 or higher commerce or finance student for a four (4) month term that reports to the Senior Vice President of Payor Partnerships and Business Development. The accountability for the SVP includes finance planning and analysis for the pharmacy business, pharmaceutical pricing, payor partnerships, and mergers and acquisitions. This summer opportunity is a demanding role and requires the candidate to work closely with the SVP to analyze strategic business issues, performance financial analysis, support development of business cases, and work cross-functionally with other senior leaders on various business initiatives. We are seeking a student with advanced academic standing, ability to multi-task, and an exceptional communicator. This is an excellent opportunity for those who want to further their analytical skills, develop business acumen, improve strategic thinking, and learn from a seasoned executive in a dynamic retail and healthcare industry. Upon completion of the summer term, it will set the student up to explore future roles in finance, strategy and management consulting, and business development across a number of industries.
Perform financial analysis on large data sets, develop implications, and present information in a succinct manner
Develop financial models bringing together data from disparate data sets, validating data integrity, and completing financial analysis using advanced xls functions
Support development of business cases or strategic plans by organizing data, performing statistical analysis, manipulating data in graphs, inserting graphical content into presentations, and presenting the work product
Analyze strategic business issues by bringing together external industry data, competitive information, internal business performance and metrics, and support development of the recommendation
Skills and Experience:
Year 3 or higher student in the Bachelors of Commerce, Bachelors of Business Administration, or any Finance related major at a Canadian or international University
Must have solid finance skills and be able to interpret financial statements, along with performing fundamental financial analysis and be familiar with financial reporting, capital budgeting, and valuation models (DCF, IRR, and NPV)
Must have taken at least one statistics course during undergrad and ability to run moderately complex statistical and computation models, central tendency, dispersion, probability, and regression analysis
Must have taken at least one economics course with ability to apply core economic principles (Microeconomics - demand, supply, equilibrium, elasticity, sunk cost vs marginal cost, comparative advantage, and market power; and Macroeconomics - aggregate statistics, money flow, fiscal and monetary policy, exchange rates, and balance of payments)
Must have advanced XLS skills (pivot tables and reporting, macros, vlook-up and hlook-up, advanced formulas, statistical functions, conditional formatting, simulation and solver)
Must have advance PPT skills (embed linked charts, graphs, AV files; creating, editing, and animating data; image manipulation; templates and masters)
Proficiency with MS Office software applications including Outlook, Excel, MS PowerPoint, and Word
Thorough, organized, and process driven to take initiatives from start to finish with minimal supervision
Self-motivated, operates with a sense of urgency and strong attention to detail
Professional Credentials Required:
Currently enrolled in a Canadian or International University
We are currently focusing on our teams at Central office, to provide the best support to our Stores and their teams, and ensure our customers and patients are best served by visiting Shoppers.
For the Pharmacy team, that means continuing to review, understand and respond to industry and customer changes, by developing new initiatives and new services valued by customers and stakeholders. And we continue to ensure traditional services continue to be valuable offerings, provided efficiently and effectively to everyone’s benefit.
And on top of that, every year, Shoppers Drug Mart employees at Central office, and in the stores of our Associate Owners, contribute more time, money and effort to great charitable causes across Canada.
At Shoppers Drug Mart, we have always remained true to our belief that the root of our success lies with our people. We pride ourselves on providing more ways to care about our patients, customers and community.
We offer unique work, and the benefits you would expect from a large corporation, all with a smaller company feel, as well as:
A high energy and varied workplace that strives for and rewards excellence.
Competitive pay structures, rewarding strong and consistent performance
A highly customizable benefits plan, including a vacation purchase option
Peer recognition programs
Employee discounts on in-store purchases
Opportunities for skill development and advancement in your work
Learning and development through our SDM University
Strong culture of charitable and community involvement
Unique chance to work with an organization that is committed to improving the health and well being of Canadians
How You’ll Succeed:
At Loblaw, we seek great people to continually strengthen our culture. We believe great people model our values, are authentic, build trust and make connections.
If that sounds like you, and you are open-minded, responsive to change and up to the challenges provided in a fast-paced retail environment, apply today.
In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.
Type of Role:
Poste contractuel (Durée déterminée)
Type of Contract:
Loblaw recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired.
Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.