Financial Analyst - Finance Operations

Grocery Outlet’s mission is to touch lives for the better. Our vision is to be the first choice for bargain-minded consumers in the U.S. We value achievement, diversity, entrepreneurship, family, fun, integrity, and service.

About the team

The Finance team drives efficiency by supporting the 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. Team members are resourceful, critical thinkers who pride themselves on integrity and efficiency.

About the role

The Financial Analyst is a critical role on the Finance Operations team, directly impacting 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 frequently interact with IOs and departments such as Operations, Marketing, Strategy, and Training. This role reports to the Manager of Finance Operations.

Responsibilities

• Assist in the oversight of Grocery Outlet’s subsidy program for underperforming IOs:
  • Coach and support 20+ IOs in the program to drive 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.
• Conduct cash flow reviews with IOs concerned about their financial health.
• Complete ad-hoc analyses and other requests by key partners.
• Provide backup support as needed in the absence of other team members.

Requirements

• 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.
• Excellent verbal and written communication skills to clearly convey results and implications of analyses.
• Resourceful and able to research complex problems and recommend solutions.
• Ability to prioritize, multitask, and manage multiple projects to meet deadlines in a fast-paced environment.

Benefits

• Annual Bonus Program
• Equity
• 401(k) Profit Sharing
• Medical, Dental, Vision & More

Pay

Salary Range: $90,000 Annually. Final compensation will be determined based on experience and skills and may vary by location.