Financial Analyst

About Wakefern

Wakefern Food Corp. is the largest retailer-owned cooperative in the United States and supports its co-operative members' retail operations, trading under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, Morton Williams, and Fairway Market

Employing an innovative approach to wholesale business services, Wakefern focuses on helping the independent retailer compete in a big business world. Providing the tools entrepreneurs need to stay a step ahead of the competition, Wakefern’s co-operative members benefit from the company’s extensive portfolio of services, including innovative technology, private label development, and best-in-class procurement practices.

About You

Summary

We are seeking a detail-oriented and proactive Analyst- General Accounting to join our General Accounting team, supporting the product divisions. This role is responsible for managing general ledger activities, division expense reporting, SAP allocations, Distribution Center cost centers, inventory schedules, and promotional subsidy analysis. The Analyst- General Accounting will play a key role in period-end close processes, journal entry preparation, and financial reporting, while collaborating cross-functionally with Corporate Finance, Procurement, Financial Reporting, and Operations. The ideal candidate will bring strong technical accounting knowledge, analytical capabilities, and a collaborative mindset to support accurate and timely financial reporting and close.

Essential Functions

Additional Job responsibilities include but are not limited to:

• Prepare and post monthly general ledger journal entries.
• Monthly Profit and Loss review and bottom lines.
• Perform account reconciliations, support period-end and quarter-end balance sheet reviews.
• Monitor trends and fluctuations in account balances to proactively identify risks and recommend corrective actions.
• Partner with Accounting and operational teams to strengthen internal controls and improve reconciliation processes.
• Identify and contribute to automation of reconciliation processes and enhancement of reporting tools.
• Weekly divisional promo & subsidy reporting
• Maintain and reconcile weekly/ monthly divisional subsidy files for Procurement review and follow-up.
• Weekly billing processes for subsidy, Price Plus, and digital promotions.
• Support audit processes by providing documentation and responding to inquiries.
• Identify and implement process improvements to enhance efficiency and accuracy.
• Ensure compliance with internal controls, accounting policies, and regulatory requirements.
• Perform ad hoc financial analysis and reporting as needed.
• Take on additional responsibilities as assigned to support departmental goals.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field; CPA or progress toward certification preferred.
• 3-5 years of progressive accounting experience, preferably in a corporate or public accounting environment.
• Strong understanding of GAAP and financial reporting principles.
• Experience with ERP systems such as Oracle, SAP, or similar platforms.
• Advanced proficiency in Microsoft Excel; familiarity with data visualization tools is a plus.
• Excellent analytical, organizational, and problem-solving skills.
• Strong communication skills with the ability to explain financial concepts to non-financial stakeholders.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• High level of integrity, accuracy, and attention to detail.
• Consistent performance rating of “On Target” or better in the last two performance appraisals.

Working Conditions & Physical Demands

• Availability to work a varied, flexible schedule to meet business demands
• Ability to monitor computer screens for long periods of time
• Ability to work a hybrid schedule as established by the division (4 days on-site, 1 day remote)

Core Competencies

• Communicate Effectively: Communicates thoughts and ideas in a well-organized manner, encouraging two-way communication.
• Build Relationships: Creates cross-functional partnerships through the development and maintenance of constructive and cooperative relationships.
• Stay Competitive: Demonstrates a mindset of continuous improvement while exhibiting passion and enthusiasm for their work.
• Embrace Change: Looks for new ways of working by supporting advancements in processes and technology.
• Develop You: Identifies and capitalizes on opportunities for personal and professional career growth.
• Drive for Results: Supports divisional and strategic objectives through achievement of work goals.

Company Perks

• Vibrant Food Centric Culture
• Comprehensive medical, dental and vision package
• Competitive Salary and Paid Time Off
• Fitness Reimbursement and Well-Being Program
• Corporate Training and Development University
• Collaborative team environment
• Paid Parental Leave
• 401K
• Matching Gifts and Community Volunteer Involvement

Compensation and Benefits

The salary range for this position is $65,000 to $85,000. Placement in the range depends on several factors, including experience, skills, education, geography, and budget considerations.

Wakefern is proud to offer a comprehensive benefits package designed to support the health, well-being, and professional development of our Associates. Benefits include medical, dental, and vision coverage, life and disability insurance, a 401(k) retirement plan with company match & annual company contribution, paid time off, holidays, and parental leave. Associates also enjoy access to wellness and family support programs, fitness reimbursement, educational and training opportunities through our corporate university, and a collaborative, team-oriented work environment. Many of these benefits are fully or partially funded by the company, with some subject to eligibility requirements.