Division Finance Leader - Budgeting, Forecasting & Growth

The Kroger Co.; Milwaukee (WI); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Comprehensive medical, dental, and vision coverage

Flexible scheduling

Employee Assistance Program

Associate discounts

Tuition reimbursement

Industry-leading training programs

Job summary

Krogerdc is seeking an experienced accounting professional in Milwaukee, Wisconsin, responsible for day-to-day financial management, reporting, and budgeting across retail divisions. The role requires strong communication skills, robust accounting knowledge, and the ability to lead a team.

With a Bachelor's degree and over 5 years of experience in accounting or finance, candidates should be proficient in Microsoft Office and possess strong analytical skills. The position involves collaboration with division executives and may require travel up to 10%.

Qualifications

• 5+ years of accounting/finance experience.
• Familiarity with budgeting processes and evaluation of actual results to plan.
• Knowledge of Generally Accepted Accounting Principles (GAAP).

Responsibilities

• Engage executives on financial performance.
• Prepare annual business plans in collaboration with CFO.
• Close division's books each period.

Skills

Oral/written communication skills

Proactive communication

Project prioritization

Advanced Microsoft Office

Analytical and problem-solving skills

Relational databases knowledge

Data visualization software

Education

Bachelor's Degree

Master's Degree

Job description

Responsible for the primary day-to-day accounting/financials. Serve as the liaison for division executives, focused on accounting, reporting, forecasting and budgeting for financial lines owned by retail divisions, including sales, controllable store operating expenses, division administrative expenses and other income and expense. Oversee the division financial analyst, the performance of store inventory and cash audit procedures, ensuring compliance with all accounting and company policies/procedures within the designated areas. Demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion, and safety.

Responsibilities

- Engage division executives, department heads and regional CFO on financial performance relative to sales, store operating expenses and division costs, with a focus on controllable costs
- Prepare annual business plan, in collaboration with regional CFO and respective General Office peers, for division controllable expenses, division administrative expenses, and other income and deductions
- Develop district and store incentive plans and by store budgets
- Model capital projects and execute CARS approval for capital projects < $750k
- Collaborate with regional CFO on capital expenditure forecasting, and data gathering for capital projects; perform PAS retirements in a timely manner; prepare and monitor underperforming store action plans
- Close division's books each period, including performance of detailed review of key financial line details
- Support district and store leaders by answering financial questions, performing new hire/training, assisting with T&E compliance and administration as appropriate, and participating in division and district meetings
- Evaluate division financial statements for inconsistencies with generally accepted accounting principles and corporate accounting policies within the designated areas
- Maintain control environment that supports complete/accurate financial reporting, including support/execution of division controls identified as key purposes of Sarbanes-Oxley
- Perform accounting responsibilities for division-specific financial transactions
- Supervise and coach direct reports in the performance of their duties; complete performance reviews and provide feedback to direct reports
- Travel approximately 10% within division
- Must be able to perform the essential job functions of this position with or without reasonable accommodation

Qualifications

Minimum
- Bachelor's Degree
- 5+ years of accounting/finance experience
- Excellent oral/written communication skills
- Ability to manage direct reports through proactive, constructive communication
- Ability to prioritize and work on multiple projects
- Advanced proficiency in Microsoft Office
- Familiarity with budgeting processes and evaluation of actual results to plan
- Knowledge and experience of applying Generally Accepted Accounting Principles (GAAP)
- Ability to work in relational databases and/or data visualization software (Essbase, Tableau, PowerBi)
- Strong analytical and problem-solving skills

Desired
- Master's Degree
- CPA certification
- Ability to independently prepare Return on Investment (ROI)

Job Info

• Job Identification 186288
• Job Category Accounting/Finance

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.
– 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.

From one tiny Cincinnati grocery store more than a century ago, we’ve grown into what today is the nation’s largest grocer with nearly 2,800 stores in 35 states operating under 28 different names. As America’s grocer, we take pride in bringing diverse teams with a passion for food and people together with one common purpose: To Feed the Human Spirit. With a history of innovation, we work tirelessly to create amazing experiences for our customers, communities AND each other, with food at the heart of it all.
Here, people matter. That’s why we strive to provide the ingredients you need to create your own recipe for success at work and in life. We help feed your future by providing the value and care you need to grow. If you’re caring, purpose-driven and hungry to learn, your potential is unlimited.
Whether you’re seeking a part-time position or a new career path, we’ve got a fresh opportunity for you. Apply today to become part of our Kroger family!