Senior Business Analyst - Financial Services

Walgreens Co.; Deerfield (IL); On-site; USD 65,000 - 114,000; Full time

Job summary

Walgreens in Deerfield, IL seeks a Sr. Business Analyst - Financial Services to bridge business strategy with financial oversight. The role focuses on partner/vendor management (75%) and financial analysis/reporting (25%), collaborating with retail, store ops, and marketing teams to drive efficiencies and customer experience.

The position involves complex financial modeling, budgeting support, and creating data-driven recommendations for strategic initiatives within Walgreens.

Qualifications

• Bachelor’s degree or higher and relevant analytical experience.
• Experience with financial analysis, modeling, profitability analysis and auditing.
• Proven time management to handle multiple projects and deadlines.
• Ability to analyze and report data to drive improvements.
• Proficient in MS PowerPoint (theme, layout, charts) and MS Word.
• Proficient in MS Excel (formulas, charts, formatting, print options).
• Willing to travel up to 10% of the time for business purposes.

Responsibilities

• Develops complex financial models for product development and profitability.
• Analyzes financial statements, expenses, and records for the division.
• Provides management recommendations based on financial analysis.
• Performs detailed financial analysis and scenario modeling using tools.
• Assists in long-range financial planning and budgeting processes.
• Analyzes actual vs. budgeted figures and supports budgeting templates.
• Evaluates data availability and develops programs to enhance modeling efficiency.
• Uses SAS when standard tools are insufficient for analysis.
• Reviews monthly financial results and identifies key trends and variances.
• Communicates expenditures and costs to management for decision making.
• Answers complex RFP questions and ensures data integrity for proposals.
• Performs ad hoc analyses and forecasts for internal and external customers.
• Provides guidance, training, and best practices to analysts on modeling and data techniques.

Skills

Financial analysis

Financial modeling

Profitability analysis

Auditing techniques

Time management

Data analysis & reporting

PowerPoint

Excel

Word

Travel readiness

Education

Bachelor’s degree in Finance/Accounting/Business

High School diploma / GED + 4 years experience

Tools

SAS

Job description

Job Summary:

The Sr. Business Analyst - Financial Services role serves as the primary operational and business liaison for assigned retail financial services programs and third-party vendors. This role bridges business strategy and financial oversight, with an operational focus split approximately 75% partner and vendor management and 25% financial analysis and reporting.

Collaborating closely with cross-functional retail, store operation, and marketing teams, you will drive program efficiencies, resolve escalations, and champion projects that optimize customer experience.

Job Responsibilities:

• Develops complex financial models to support management decision-making related to new product development, product portfolio analysis, profitability of new opportunities, capital investments, revenue models, profit margin analysis, and impact of regulatory changes. Defines financial requirements for new products and features. Analyzes and summarizes the division’s financial statements, expenses, and records.

• Develops recommendations for management decision-making.

• Performs moderate to complex financial analysis including conducting research and identifying, designing and implementing applications and tools to fulfill reporting and analysis needs. Runs various scenarios through models and interprets financial impact. Measures financial results against budget and forecast.

• Assists in the development of the long-range financial plans and continuously analyzes operating financial results. Works closely with other departments within Walgreens to ensure that strategic initiatives are achieved.

• May assist in the development of the annual budget and analyzes actual and budgeted figures on an ongoing basis. Creates and maintains detailed budgeting templates.

• With minimal guidance from management, assesses analytical tools and various formats of data availability and researches and builds new programs that allow for various lines of data to be incorporated so financial modeling analysis of multiple program impact becomes more efficient and allows for more in depth analysis and review resulting in improved recommendations and solutions for the business. Where standard tools are insufficient, utilizes statistical analysis software (SAS) to model and analyze data as requested.

• Reviews monthly financial operating results for each assigned business unit, identifying key trends, variances, and areas of improved performance. Works with other departments in Walgreens for account reconciliation.

• Provides information and assistance to management regarding expenditures, purchases and other costs of doing business.

• As requested, answers complex request for proposal (RFP) questions related to new business and client renewals for a variety of different programs. Responsible for ensuring data integrity and accuracy of information provided to RFP questions.

• Performs ad hoc analysis and forecasts for internal management team and external customers.

• Provides guidance and training to associate analysts and analysts on financial modeling, data extraction techniques, budgetary considerations, and recommends best practices on pulling and refining data. As needed provides explanation to team regarding intricate web of data and how assumptions on one program or project may impact other programs or projects that are not specifically in scope during an analysis.

About Walgreens

Founded in 1901, Walgreens (www.walgreens.com) proudly serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico. Walgreens has approximately 220,000 team members, including nearly 90,000 healthcare service providers, and is committed to being the first choice for pharmacy, retail and health services, building trusted relationships that create healthier futures for customers, patients, team members and communities.

Basic Qualifications

• Bachelor’s degree and at least 1 year of experience in an analytical role in finance, accounting, business management, quantitative analysis or economics or High School Diploma/GED and at least 4 years of experience in an analytical role in finance, accounting, business management, quantitative analysis or economics.

• Experience with financial analysis, financial modeling, profitability analysis and/or auditing techniques.

• Experience using time management skills such as prioritizing/organizing and tracking details and meeting aggressive deadlines of multiple projects with varying completion dates.

• Experience with analyzing and reporting data in order to identify issues, trends, or exceptions to drive improvement of results and find solutions.

• Intermediate level skill in Microsoft PowerPoint (for example: applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and/or formatting font).

• Intermediate level skill in Microsoft Word (for example: inserting headers, page breaks, page numbers and tables and/or adjusting table columns).

• Intermediate level skill in Microsoft Excel (for example: using SUM function, setting borders, setting column width, inserting charts, using text wrap, sorting, setting headers and footers and/or print scaling).

• Willing to travel up to 10% of the time for business purposes (within state and out of state).

Preferred Qualifications

• Bachelor’s degree in Business Administration, Finance or Economics

• Bachelor’s degree and at least 1 year of experience in Finance or Business Operations or a High school diploma/GED degree and at least 4 years of experience in Finance or Business Operations

• Experience in Payments and Financial Services industry.

We will consider employment of qualified applicants with arrest and conviction records.

The Salary below is being provided to promote pay transparency and equal employment opportunities at Walgreens. The actual hourly salary within this range that you will be offered will depend on a variety of factors including geography, skills and abilities, education, experience and other relevant factors. This role will remain open until filled.

Salary Range:

$65000 - $113750 / Salaried