Grocery Outlet

Financial Analyst - Finance Operations

Grocery Outlet$90K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or related field.
  • 1-3+ years of experience in finance or accounting, preferably in grocery or retail.
  • Proficient in Excel modeling; SQL knowledge is a plus.
  • Familiarity with financial statements and accounting principles.
  • Strong verbal and written communication skills for delivering analysis results.
  • Resourceful problem-solver with research abilities.
  • Capable of managing multiple projects in a fast-paced environment.

Responsibilities

  • Oversee Grocery Outlet's subsidy program for underperforming IOs.
  • Coach and support over 20 IOs to enhance sales and margins through regular communication.
  • Collaborate with different teams to create a cohesive support system for IOs.
  • Develop and maintain monthly Operator Health presentations for Senior Executives.
  • Track and audit IO-reported financial data and ensure accuracy.
  • Prepare monthly financial health reports for IOs and present to Senior Executives.
  • Conduct cash flow reviews and provide ad-hoc analyses as needed.

Benefits

  • Annual bonus program
  • Equity participation
  • 401(k) profit-sharing plan
  • Comprehensive medical, dental, and vision coverage
  • Additional benefits based on organizational offerings.
Full Job Description


Our Finance team's mission is to drive efficiency as we support our company and business partners. We analyze data, create records and reports, and make key strategic decisions to keep the business running. Our passion and energy promote a creative and growth-oriented environment. The members of our team are resourceful, critical thinkers that pride themselves on integrity and efficiency.

About the Role:

The Financial Analyst is a critical role on the Finance Operations team and will have a direct impact to the financial health of Grocery Outlet, Inc. and the Independent Operators ("IOs") who own and operate our Grocery Outlet retail locations. The Financial Analyst will interact frequently with the IOs and the many departments who work directly with our IOs, including Operations, Marketing, Strategy, and Training. This role will report to the Manager of Finance Operations.

Responsibilities Include:

Assist in the oversight of Grocery Outlet's subsidy program for underperforming IOs:
  • Coach and support 20+ IOs in the program to support sales and margin growth through monthly calls and reports
  • Collaborate with Operations and other teams to provide a unified support network for IOs
  • Create monthly Operator Health presentations on the program for Senior Executives
  • Assist in developing and maintaining Operations Reporting

Validate, track, and report on IO-reported financial information:
  • Track and audit IO-reported financial information, including follow up with IOs for corrections
  • Provide a monthly reporting package on IO financial health/profitability to Senior Executives
  • Create exception reporting on key performance indicators to assess, communicate, and assist with projects to improve the financial health of IOs

Other responsibilities:
  • Conduct cash flow reviews with IOs concerned about their financial health
  • Complete ad-hoc analyses and other requests by key partners
  • Provide back up support as needed in the absence of other team members

About the Pay:
  • Salary Range: $90,000 Annually
  • Annual Bonus Program
  • Equity
  • 401(k) Profit Sharing
  • Medical, Dental, Vision & More!
  • Final compensation will be determined based upon experience and skills and may vary based on location.

About You:
  • A. or B.S. Degree.
  • 1-3+ years of accounting or finance experience and/or relevant experience in the grocery or retail field
  • Experience creating Excel models; SQL is a plus
  • Knowledge of financial statements and accounting concepts
  • Possesses excellent verbal and written communication skills to clearly communicate results and implications of analyses in both verbal and written forms
  • Resourceful and able to research complex problems and recommend solutions.
  • Ability to prioritize, multitask, and manage multiple projects with broad workload to meet deadlines in a fast-paced environment

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About Grocery Outlet

Grocery Outlet Holding Corp. is a supermarket company that offers discount, overstocked and closeout products from name brand and private label suppliers. The company was founded in 1946 in San Francisco, California and has since expanded to over 350 locations in the United States. Grocery Outlet Holding Corp. went public in 2019 and is traded on the NASDAQ stock exchange under the ticker symbol GO. The company's mission is to provide customers with high-quality products at affordable prices.
Learn more about Grocery Outlet
Size
803 employees
Market Cap
$2.7 billion
Industry
Net Income
$92.2 million
Founded
1946
5 Year Trend
+11%
Revenue
$2.9 billion
NASDAQ

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