Store Inventory Analyst

Retail Business Services is the services company of leading grocery retail group Ahold Delhaize USA, currently providing services to five omnichannel grocery brands, including Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop.

Primary Purpose :The overall objective of this role is drive financial performance by providing research, analytics, and recommendations on complex business modeling, non-standard management reporting, and impacts of changing accounting principles to business leadership. Position requires vast expertise in multiple areas /disciplines both internal to finance as well as business partner functions and applies that expertise to the overall project/ function. As a contributing influencer of Margin performance via sales, vendor allowance and/or inventory performance, it is critical that the Analyst work with Category, Retail, Distribution, Pricing and Vendors to support the execution of comprehensive, cohesive, and well-integrated financial programs. They lead and research sales, inventory and margin/COGS issues and coordinate resources to bring resolution, create weekly and monthly scorecards and perform additional duties as needed Responsible for ensuring the accounting transactions required to adequately report and manage receivable and other revenue accounts are completed in a timely and accurate manner. Solves complex accounting, process, and system issues. Performs complex analysis and account reconciliations. Works with department staff to review current processes and makes recommendations for process improvements. Works with business partners to design and implement revenue and reimbursement programs which include process and system solutions. Responsible for various reports, KPIs, and metrics for the Accounts Receivable department. Responsible for conducting business in accordance with ADUSA policies and procedures as well as Accounting Standard Practices.

Duties and Responsibilities:

• Research, analyze, reconcile, audit, monitor, and summarize financial data such as inventory, margins, and shrink for use by management in making finance decisions and resolve accounting discrepancies.
• Identifies and assesses financial variances based on knowledge and expertise providing insight and advice for senior management and other end users regarding accounting issues that arise from reconciliation or reported financial results.
• Serves as a technical resource during internal and external audit processes.
• Interactions are internal and external to the company at all levels and pertain to project / functional activities. Independently gains cooperation and commitment through personal persuasiveness.
• Partner with Category Management, Supply Chain, Retail Services, Information Technology, Accounting, and all other business partners to identify and solve complex business issues.
• Prepare period close, analyze and review balance sheet accounts and re-class entries to support accurate financial results. Reconciliation of Balance Sheet and Income Statement accounts.
• Great customer experiences are achieved by conducting detail research, training, and answering emails, phone calls, and requests.
• Prepare period close, analyze and review balance sheet accounts and re-class entries to support accurate financial results. Reconciliation of Balance Sheet and Income Statement accounts.
• Responsible for ensuring the accounting transactions required to adequately report and manage receivable and other revenue accounts are completed in a timely and accurate manner, performing account analysis, and reconciliations of general ledger accounts.
• Analyst will work on special projects, issues, item set up issues, technical issues, and assist,with Ad Hoc Requests

Qualifications:

• Bachelor's degree in Accounting, Finance or Business Administration with an emphasis in Accounting or five (5)+ years in high volume Inventory Accounting experience in a fast pace dynamic environment
• Strong written and verbal communication skills
• Ability to communicate to all levels of management and outside vendors
• Ability to multitask several projects
• Strong organizational skills
• Customer-centric
• Strong Analytical skills
• Demonstrated understanding of accounting theories, methodologies, principles and practices, and the impact of departmental transactions on financial statements
• Advanced working knowledge of Microsoft Excel, Word and Power Point, experience with complex spreadsheets, including lookups, pivot tables, etc.
• Experience with account analysis, budgeting and forecasting
• Experience with or ability to use query tools for reporting

Preferred Qualifications:

• General Accounting knowledge required
• Strong knowledge of Microsoft Suite; advanced knowledge of Microsoft Excel
• SAP S4/Hanna
• Must be able to work independently and as a team player.
• Strong oral and written communication skills; able to confidently and effectively communicate with both internal and external business partners, and all levels of management
• Strong analytical skills
• Ability to recognize and recommend changes within own work and assists others
• Business process improvement skills
• Strong organizational skills, ability to work on multiple tasks
• Able to sustain a high impact and fast moving department

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Retail Business Services currently provides services to five omnichannel grocery brands, including Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. Retail Business Services leverages the scale of the local brands to drive synergies and provide industry-leading expertise, insights and analytics to local brands to support their strategies. We are committed to diversity, equity and inclusion and we foster a community of belonging where everyone is valued.

Retail Business Services 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. We provide reasonable accommodations to applicants and employees with disabilities. As important as what we do is how we do it. Our team embodies our values of Courage, Care, Teamwork, Integrity and Humor in everything that they do. We have a culture of care that values and celebrates the qualities and perspectives that make us all unique.

If you have a disability and require assistance in the application process, please contact our Talent Acquisition Department at [email protected].

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