Kroger

CORP TAX/SR ECONOMIC DEVELOPMENT MANAGER

Kroger$90K — $120K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in accounting, finance, real estate or business.
  • 10+ years of experience in finance, tax incentives, public accounting, real estate, law or equivalent combination of education and experience.
  • Ability to calculate after-tax discounted cash flows and internal rate of return.
  • Proficient in Microsoft Office and Oracle.
  • Strong oral/written communication skills, especially for presenting to senior executives.
  • Attention to detail and ability to maintain confidentiality.

Responsibilities

  • Identify and secure financial offsets for company capital investment strategy.
  • Review financial analyses to outline economic impacts and collaborate with executives.
  • Present projects at State and Local City council meetings.
  • Maintain control over capital projects and financial offsets.
  • Evaluate and implement Tax Incentive techniques for better financial decision making.
  • Manage Economic Development technology solutions and support enhancements.
  • Oversee NMTC portfolio transactions and project evaluations.

Benefits

  • Comprehensive healthcare coverage including medical, dental, vision, and prescription plans.
  • Flexible scheduling options and paid time off including holidays and sick leave.
  • Emotional and financial support through Employee Assistance Program and financial coaching.
  • Valuable discounts on food, travel, technology, and more for associates.
  • Up to $21,000 in tuition reimbursement through a Continuing Education program.
  • Opportunities for growth with extensive training programs and diverse career pathways.
Full Job Description
Job Description

Collaborate with internal stakeholders for the development of Economic Development related business strategies for major capital projects. Responsible for ensuring alignment and communication on the department's financial goals, business plans and key strategic initiatives, while ensuring compliance with all accounting and company policies/procedures. Manage the company's tax incentive portfolio to monetize the future tax benefits for the enterprise. Lead the New Market Tax Credits (NMTC) development program. Evaluate and execute transactions by pursuing and securing incentives, including statutory and negotiated for the portfolio. Demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion and safety.

Responsibilities

  • Identify and secure financial offsets in support of company capital investment strategy
  • Review various financial analyses outlining the economic impacts for projects and value proposition for each project and collaborate with department and division executives
  • Present projects and attend State and Local City council meetings
  • Maintain control for capital projects and financial offsets
  • Evaluate and implement federal, state and local Tax Incentive techniques to ensure financial decision making for the company
  • Manage Economic Development technology solutions while continuing to identify and support enhancements
  • Manage NMTC portfolio transactions that have been completed and new projects closed monthly
  • Underwrite and evaluate NMTC opportunities for internal and external projects including sourcing Federal Tax credit allocation and closing project deals
  • Facilitate close communication with Regional Real Estate Directors, Corporate Logistics, Manufacturing, and local divisions to identify projected and upcoming projects to secure federal/state and local financial offsets resulting in project approval
  • Manage multiple department workstreams for data collection /retention required for Federal, State and Local compliance reporting
  • Manage the company's comprehensive tax incentive portfolio, including the development of automation strategies, to streamline the data collection and retention process
  • Must be able to perform the essential job functions of this position with or without reasonable accommodation
  • Travel to divisions and various sites to aid in the development of storing strategies


Qualifications

Minimum
  • Bachelor's Degree in accounting, finance, real estate or business
  • 10+ years of experience in finance, tax incentives, public accounting, real estate, law or equivalent combination of education and experience
  • Ability to calculate figures and amounts such as after-tax discounted cash flows, internal rate of return
  • Proficient in Microsoft Office, Oracle
  • Ability to write reports, business correspondence, and procedure manuals
  • Ability to prioritize/multi-task while providing accurate/on-time results
  • Demonstrated ability to maintain confidentiality and protect sensitive information
  • Excellent oral/written communication skills, including presenting to senior level executives
  • Strong attention to detail


Desired
  • Master's Degree or law degree,
  • Any experience with Economic Development negotiation and compliance tax credits and incentives within the public or private sector
  • CPA Certified Public Accountant


What you'll receive from us:

The Kroger Family of Companies offers comprehensive benefits to support your Associate Well-Being, including Physical, Emotional, Financial and more. We'll help you thrive, with access to:
  • A wide range of healthcare coverage, including affordable, comprehensive medical, dental, vision and prescription coverage, through company plans or collective bargaining agreement plans.
  • Flexible scheduling in full- and part-time roles with paid time off, including holiday and sick pay based on eligibility and length of service.
  • Emotional and financial support with free counseling through our Employee Assistance Program and free, confidential financial tools and coaching with Goldman Sachs Ayco.
  • Valuable associate discounts on purchases, including food, travel, technology and so much more.
  • Up to $21,000 in tuition reimbursement over your career, through our industry-leading Continuing Education program.
  • Vast potential for growth, through an abundance of industry-leading training programs and diverse career pathways.

About Kroger

Kroger serves customers and the community, how we innovate, and who we hire.

Kroger Careers

Joining Kroger means becoming part of a historic company committed to transforming the grocery industry. As one of America's largest retailers, Kroger offers unparalleled job opportunities, fostering a culture of innovation, leadership, and diversity.

Work You'll Do

At Kroger, every position contributes to our mission of feeding the human spirit. We are looking for professionals who are eager to drive change and master their career journey through various employment paths, from in-store roles to corporate positions.

Innovate and Lead

Embrace the chance to be at the forefront of industry innovation with Kroger. Our team is dedicated to implementing sustainable practices and technologies that enhance customer experience and community well-being. Your skills in leadership and innovation will find a nurturing home here, pushing the boundaries of what a grocery company can achieve.

Grow with Us

Kroger is not just a company; it's a place where you can grow. We invest in our team's growth through comprehensive training programs, leadership development, and opportunities for advancement. Diversity and inclusion are at the heart of our culture, ensuring every team member can thrive.

Be Part of a Great Team

Our team at Kroger is diverse, skilled, and driven—united by a shared commitment to our customers and each other. Working here, you'll engage in meaningful work that directly impacts communities, supported by a network of colleagues who are as passionate about their careers as you are.

Internship and Training Opportunities

Start your professional journey with Kroger through our internship programs or dive into our diversity training initiatives that prepare you for a long-term career with us. These programs are designed to enhance your skills and ensure you are well-prepared for the challenges and opportunities ahead.

Benefits That Matter

Kroger offers a competitive benefits package that supports the health, well-being, and financial security of our employees and their families. From healthcare to retirement plans, we provide the benefits you need to secure your future.

Explore Job Opportunities

Whether you're starting your career or looking to make a change, Kroger offers positions that match your skills and interests. From part-time jobs to full-time careers, our hiring process is designed to find the best fit for both you and our company.

Stay Connected

Join our team and stay connected with the latest in career opportunities and company news. Network with professionals across the company and industry, gaining insider perspectives that can help propel your career forward.

Search Kroger Jobs

Ready to take the next step in your career? Search open positions at Kroger, tailor your resume, and prepare for an interview that could lead to your next professional adventure. We're excited to see how your talents can help shape the future of Kroger.

Keep Up to Date

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Kroger. Join Kroger, where your career is nurtured, your innovation is valued, and your growth is guaranteed.
Learn more about Kroger
Size
420,000 employees
Market Cap
$32.4 billion
Industry
Net Income
$2.5 billion
Founded
1883
5 Year Trend
+3.6%
Revenue
$132.4 billion
NASDAQ

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