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 Accounting or Finance required, advanced degree is a plus
  • 1-3+ years of experience in finance or accounting, preferably in retail or grocery
  • Proficient in Excel; SQL experience is advantageous
  • Strong understanding of financial statements and accounting principles
  • Excellent verbal and written communication skills for reporting and analysis
  • Resourceful problem solver with a proactive approach
  • Ability to manage multiple projects and tight deadlines effectively.

Responsibilities

  • Oversee and support underperforming Independent Operators (IOs) through coaching and performance tracking
  • Collaborate cross-functionally with various departments to assist IOs optimally
  • Develop and present monthly Operator Health presentations for senior executives
  • Audit and track financial information reported by IOs, ensuring accuracy and reliability
  • Prepare comprehensive monthly reporting on IO financial health for senior leadership
  • Create key performance indicator reports to support financial improvement projects
  • Conduct cash flow analysis with IOs to address financial concerns.

Benefits

  • Annual bonus program
  • Equity in the company
  • 401(k) profit sharing plan
  • Comprehensive medical, dental, and vision coverage
  • Exposure to multiple departments and direct interaction with Independent Operators.
Full Job Description
About the Team:

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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