What are the responsibilities and job description for the Manager II Finance position at Stop & Shop?
Category/Area of Expertise: Accounting/Finance
Job Requisition: 506721
Address: USA-MA-Quincy-1385 Hancock Street
Store Code: Finance - Brands (5177480)
Here at Stop & Shop, we've been serving our customers and neighborhoods for more than a century. A lot has changed in that time, but one thing hasn't: Stop & Shop is a place where everyone can thrive and feel like they're part of family.
Our more than 50,000 associates enjoy competitive salaries, comprehensive benefits and discounts to support professional and personal journeys and flexibility that fits their lives.
We invite you to pull up a seat and discover the ways you can make an impact. There's always room at our table!
The Manager II will partner with management teams in the respective areas provide analytical & end-to-end support and proactively identify business performance drivers and opportunities for improvements. The incumbent works on budgeting, planning and analysis activities for the assigned group as well as overseeing the accounting and reporting for revenue streams and expenses on a period, quarterly and annual basis. This position will participate in capital efficiency initiatives and cost reduction programs, providing a detailed picture of the drivers of financial results and enabling fact-based financial decisions.
What we ask of you:
The salary range $125,200 to $187,800 and will be commensurate with background, experience as well as internal equity.
Stop & Shop is an equal opportunity employer. We comply with all applicable federal, state and local laws. Qualified applicants are considered without regard to sex, race, color, ancestry, national origin, citizenship status, religion, age, marital status (including civil unions), military service, veteran status, pregnancy (including childbirth and related medical conditions), genetic information, sexual orientation, gender identity, legally recognized disability, domestic violence victim status or any other characteristic protected by law.
Job Requisition: 506721
Address: USA-MA-Quincy-1385 Hancock Street
Store Code: Finance - Brands (5177480)
Here at Stop & Shop, we've been serving our customers and neighborhoods for more than a century. A lot has changed in that time, but one thing hasn't: Stop & Shop is a place where everyone can thrive and feel like they're part of family.
Our more than 50,000 associates enjoy competitive salaries, comprehensive benefits and discounts to support professional and personal journeys and flexibility that fits their lives.
We invite you to pull up a seat and discover the ways you can make an impact. There's always room at our table!
The Manager II will partner with management teams in the respective areas provide analytical & end-to-end support and proactively identify business performance drivers and opportunities for improvements. The incumbent works on budgeting, planning and analysis activities for the assigned group as well as overseeing the accounting and reporting for revenue streams and expenses on a period, quarterly and annual basis. This position will participate in capital efficiency initiatives and cost reduction programs, providing a detailed picture of the drivers of financial results and enabling fact-based financial decisions.
What we ask of you:
- Provide detailed analysis and recommendations for all line items in the P&L
- Manage the details of the preparation process for the annual budget, projections, forecasts and long-range planning (EBRs)
- Perform detailed analysis and make recommendations regarding key performance indicators.
- Collaborate across brands to understand best practices including Planning and Forecasting.
- Assist in identifying cost savings and margin enhancement opportunities
- Project future results based on current trends/information. Evaluate current, historical, and projected trends to support detailed projections. Educating businesses on how to read and understand financial information. Substantiating accounting requirements for recording transactions.
- Achieve Sales and Margin targets, rate based on budget/forecast.
- Develop new ways of working within assigned areas, translating them into weekly projections, Budget, Forecast, and Long-Range plans.
- Coordinate and manage comprehensive reporting, including P&L review, metric reporting, quantitative and qualitative metrics. Provide a platform for diagnostic analysis that leads to defendable logical actio9n-oriented recommendations.
- Responsible for training and developing associates(s) on the team through coaching and individual development planning. Communicates company and departmental policies to associates.
- Continually identify and implement improvements to existing processes, forecasting techniques and leverage financial systems in the innovative development and implementation of executive level reporting tools which support decision making and understanding of financial results.
- Ensure forecasts, plans, budgets and financial analysis are accurate, complete, and reflect the organization's operational and financial realities, objectives, and initiatives.
- 5-7 years of experience in Commercial Finance
- Bachelor's Degree. Master's Preferred - Finance, Accounting or Related Field
- Power BI report creation / development
- Insights to run commercial business including margin management across costing, promotional spend, vendor income, and shrink.
- Ability to work across the organization to partner with key stakeholders and communicate effectively
- Understanding of grocery retail industry including pricing, competition, and trends.
- Advanced Excel as well as all MS Applications
- Knowledge of SAP
- Culture committed to celebrating diverse backgrounds and experiences
- Comprehensive benefits
- Opportunities for professional development and career growth
- Associate discounts
- Team of associates dedicated to serving our local customers and supporting our communities
- Flexible, hybrid work environment with three days a week at our Quincy corporate office and the remaining days working remotely
The salary range $125,200 to $187,800 and will be commensurate with background, experience as well as internal equity.
Stop & Shop is an equal opportunity employer. We comply with all applicable federal, state and local laws. Qualified applicants are considered without regard to sex, race, color, ancestry, national origin, citizenship status, religion, age, marital status (including civil unions), military service, veteran status, pregnancy (including childbirth and related medical conditions), genetic information, sexual orientation, gender identity, legally recognized disability, domestic violence victim status or any other characteristic protected by law.
Salary : $125,200 - $187,800