Sr. Manager - FP&A

Grocery Outlet Corp.•Emeryville, CA

46d•$140,000 - $160,000

About The Position

As the Sr. Manager of FP&A you will play a critical role in defining the near and long term financial strategy for Grocery Outlet through direct partnership with the Sr Director of FP&A. You will support financial reporting, forecasting, and planning processes for the business, partnering with executives and business leaders across functions. You will improve financial processes to drive efficiency and accuracy, and dive into data to identify opportunities. You will also leverage your finance/accounting background, strong analytical and modeling skills, and understanding of retail business to provide financial analysis and support to Grocery Outlet's most important strategic initiatives. The Sr. Manager of FP&A will report to the Sr Director of Finance.

Requirements

Bachelor's Degree in Finance, Accounting, or related required.
Proven experience (6+ years) in financial planning and analysis with a significant portion in a retail setting.
Experience in retail finance will be an advantage. Strong understanding of retail operations and in-depth understanding of a retailers P&L, cash flow, and balance sheet.
Excellent analytical skills, financial modeling capabilities, and an ability to quickly break down complex problems and reach creative solutions.
Passion for improving processes, tools, and systems
Exceptional communication skills with the ability to convey complex financial concepts to non-financial stakeholders.
Collaborative, passionate, self-motivated, enthusiastic, organized, and teachable
Working knowledge of GAAP to facilitate understanding of forecast and budget results
Strong MS Office/Excel skills are required and experience with a financial planning system (SAP, Axiom, etc.) is a plus.

Nice To Haves

MBA or advanced degree is preferred.
Public company experience is a plus

Responsibilities

Drive Grocery Outlet's near term and long term financial models (P&L, Cash Flow, and Balance Sheet), including forecasting, end-to-end annual budget process, and long-range planning for our entire business
Prepare, compile, analyze and communicate monthly, quarterly, and annual financial and operational results. Partner with accounting and business stakeholders to continuously improve our close process and improve our forecasting accuracy
Act as a trusted advisor to business leaders to support strategy and decision-making. Work cross functionally to ensure accurate reporting on all financial metrics and key performance indicators, develop insights, understand variances, and identify actions with business owners.
Assess, identify and execute business process improvements and cost savings initiatives across the business.
Act as a key liaison between FP&A, treasury, accounting, and business unit leaders on all capital planning matters.
Manage the capital approval process, ensuring projects meet financial hurdles and adhere to corporate policy.
Evaluate business cases for major capital projects, acquisitions, and divestitures, including NPV/IRR and payback analyses.
Partner with IT, operations, real estate, and strategy teams to prioritize investments based on financial return and strategic fit.
Monitor post-investment performance against approved business cases and provide variance analyses.
Prepare quarterly and annual capital forecasts, linking project-level spending to cash flow and balance sheet impacts.
Support treasury in analyzing financing alternatives (debt vs. lease vs. equity) for major investments.
Lead in-depth strategic financial analysis to support strategic initiatives and develop recommendations for senior leadership
Help develop talent and coach FP&A analysts
Provide regular and ad hoc support to executive team including: Quarterly Board meeting materials, earnings call preparation, strategic offsites, etc.