Financial Analyst - Finance Operations

Grocery Outlet

Emeryville (CA)

On-site

USD 81,000 - 99,000

Full time

5 days ago
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Benefits offered by this job

Annual bonus program
Equity
401(k) profit sharing
Medical, dental, vision & more

Job summary

Grocery Outlet is seeking a Financial Analyst to join the Finance Operations team in Emeryville, CA. The role focuses on supporting IOs, managing subsidy programs and driving financial health across the network.

You will interact with IOs and internal departments, preparing monthly health reports and executive presentations while developing and maintaining robust Operations Reporting. Experience in grocery/retail finance is preferred.

Qualifications

  • 1-3+ years of accounting or finance experience in grocery or retail
  • Experience creating Excel models; SQL is a bonus
  • Knowledge of financial statements and accounting concepts
  • Excellent verbal and written communication skills

Responsibilities

  • 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.
  • 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.
  • 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

Skills

Excel modeling
Attention to detail
Communication
Multi-tasking
Problem solving

Education

Bachelor's degree in accounting/finance

Tools

SQL

Job description

  • Our Mission: Touching lives for the better
  • Our Vision: Touching lives by being the first choice for bargain-minded consumers in the U.S.
About Grocery Outlet
  • Our Mission: Touching lives for the better
  • Our Vision: Touching lives by being the first choice for bargain-minded consumers in the U.S.
  • Our Values & Behaviors: Achievement, Diversity, Entrepreneurship, Family, Fun, Integrity & Service
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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