Finance Ops - Store Inventory Analyst III

Address: USA-PA-Carlisle-1149 Harrisburg Pike
Store Code: Retail/Dc Ops (5133494)
Ahold Delhaize USA, a division of global food retailer Ahold Delhaize, is part of the U.S. family of brands, which includes five leading omnichannel grocery brands - Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. Our associates support the brands with a wide range of services, including Finance, Legal, Sustainability, Commercial, Digital and E-commerce, Technology and more.
Primary Purpose:
The role is responsible for analytical functions and oversight related to retail store inventory. This includes store receipts, sales, cost of goods and shrink in accordance with accounting guidelines. The Analyst is responsible for researching and analyzing inventory, margin and shrink and preparing and interpreting monthly metrics such as inventory days on hand, turnover, purchases to sales ratio. This role ensures the timely execution and accuracy, as well as, adherence to regulatory/compliance obligations.
The overall objective of this role is to 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, COGS and/or inventory performance, it is critical that the Analyst work with Category, Retail, Distribution, Pricing 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 inventory 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. Performs business maintenance on inventory subledger system to identify opportunities for enhancements and efficiencies. 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 Retail Store Inventory department. Responsible for conducting business in accordance with ADUSA policies and procedures as well as Accounting Standard Practices.
Our flexible/ hybrid work schedule includes 3 in-person days at one of our core locations and 2 remote days. Our core office locations include Salisbury, NC , Chicago, IL, Quincy, MA, Carlisle, PA, Scarborough, ME, Hyattsville, MD and Mauldin, SC.
Applicants must be currently authorized to work in the United States on a full-time basis.
Duties and Responsibilities:

• Anticipate, Research, analyze, reconcile, audit and summarize financial data for use by management in making finance decisions and resolve accounting discrepancies.
• Report productivity, margins, and expenditures that occur within the organization calculating accruals using business knowledge and extrapolations of historical data or future projections based on probability.
• Leads period close activities for assigned discipline maintaining current knowledge of specialize accounting and/or current tax laws and governmental regulations.
• 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.
• Compiles accurate period, quarterly, and annual reports ensuring accuracy of financial statements, and completes requests for non-standard reports.
• 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.
• Analyze complex COGS and shrink accounts and partner with brand finance and retail operations to identify causes and create opportunities for improvement.
• Partner with Category Management, Supply Chain, Retail Services, Information Technology, and all other business partners to identify and solve complex business issues.
• Collaborates with business partners to design and implement revenue and reimbursement programs which include process and system solutions.
• Answer Profit & Loss and Balance Sheet questions for assigned accounts and ensure completion of period-end checklist to ensure accurate reporting of income and inventory in the company's financial statements.
• Responsible for ensuring the accounting transactions required to adequately report and manage inventory and other revenue accounts are completed in a timely and accurate manner, performing account analysis, and reconciliations of general ledger accounts.
• Point of contact for 3rd party vendor relations for inventory services and drives and leads special projects for the department.
• Additional job duties may be assigned as needed to meet the needs of the business and support our Values.

Qualifications:

• 4-5 years of mostly relevant experience
• Bachelor's Degree or equivalent experience
• Strong written and verbal communication skills
• Ability to communicate to all levels of management, brand finance, and retail operations
• Ability to multitask several projects
• Strong organizational skills
• Customer-centric
• Strong Analytical skills
• Microsoft Excel
• Attention to detail
• General Accounting knowledge required
• Strong knowledge of Microsoft Suite; advanced knowledge of Microsoft Excel
• SAP S4/Hanna
• Strong understanding of accounting theories, methodologies, princicples and practices, and the impact of departmental transactions to the financial statements

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At Ahold Delhaize USA, we provide services to one of the largest portfolios of grocery companies in the nation, and we're actively seeking top talent. Our team shares a common motivation to drive change, take ownership and enable our brands to better care for their customers. We thrive on supporting great local grocery brands and their strategies.
We offer an experience where our associates are valued; Diversity, Equity, Inclusion and Belonging are infused in our business and our employees are representative of the communities that we serve. We believe in total wellness, which encompasses a blend of physical, financial and emotional wellness.
We believe in collaboration, curiosity, and continuous learning in all that we think, create and do. While building a culture where personal and professional growth are just as important as business growth, we invest in our people, empowering them to learn, grow and deliver at all levels of the business.
Job Requisition: 406847_external_USA-PA-Carlisle