Vice President, Finance & Strategy - Modesto, CA

The Save Mart Companies


Date: 8 hours ago
City: Modesto, CA
Salary: $233,840 - $300,000 per year
Contract type: Full time
About Us

We are California’s largest regional, full-service grocery chain, founded over 70 years ago in Modesto, California, where our headquarters are still located today. With 194 stores across Central and Northern California and Western Nevada, our banners—Save Mart, Lucky, and FoodMaxx—are cherished regional brands, serving the unique needs of their communities.

It’s our 12,000 passionate associates who make our company a great place to work and shop. We prioritize investing in our people, stores, and neighborhoods, and work closely with local suppliers to bring fresh, quality products at affordable prices to our customers. Shoppers can access our offerings in-store, online, or through convenient home delivery and curbside pick-up.

The Save Mart Companies is part of The Jim Pattison Group, a family-owned, diversified holding company operating primarily in the U.S. and Canada and headquartered in Vancouver, BC. The Jim Pattison Group has a long-term strategic focus to see their companies succeed and grow. Together, our dedication to our associates and customers, commitment to growth and innovation, and our family traditions continue to thrive.

We Are Currently Recruiting For The Position Of

Vice President, Finance & Strategy - Modesto, CA

Job Summary

The VP of Finance & Strategy will design and manage the company's annual business planning process, provide decision support through developing & monitoring company-wide metrics, and drive strategic initiatives. This leader must demonstrate strong financial planning and analysis experience in a multidivisional environment and work in a growing, dynamic organization. The position is responsible for leading the finance and business intelligence teams.

Responsibilities

  • Budgeting, Forecasting & Analysis
    • Lead the financial planning and analysis team in budgeting, planning, forecasting, and profitability analysis.
    • Develop key performance metrics to measure the overall financial health of the company while developing strategies to assist the company to meet its long-term goals
    • Ensure all stakeholders contribute to the plan and assumptions are appropriately documented and analyzed
    • Ensure the rolling forecast model and budget accurately reflects the operational assumptions of the executive and leadership teams
    • Provide monthly rolling forecast to the company, along with variance analysis and explanations and run scenario analysis
    • Evaluate performance to budget and deliver insightful analytics to accelerate executive-level decision making
    • Provide guidance and assist department leaders in the development and monitoring of their respective budgets
  • Decision Support
    • Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, and capital expenditures highlighting trends and analyzing causes of unexpected variances to the executive and management teams
    • Evaluate proposed investments and the budgeting and reporting of capital expenditures across the company
    • Ensure key business performance risks, issues, and opportunities are highlighted to management
  • Business Intelligence & Metrics
    • Work with the executive and management teams` to build and implement systems, processes, and reports that enhance the quality and availability of financial information and operational metrics
    • Champion and drive improvement upon current tools and processes for tracking, organizing, and communicating information
    • Drive finance requirements into core systems across the company
    • Provide benchmarking analysis against market data, industry standards, and peer groups for executive and management teams
  • Stakeholder Reporting
    • Prepare and manage materials presented to the Board.
    • Responsible for coordinating business unit contributions, reviewing and challenging actual vs forecast analysis provided, and assisting in ensuring clear messages are communicated
  • Strategic Projects
    • Assist executive and management teams in project prioritization, i.e., development of business cases, evaluation against strategic criteria, risk assessment, etc.
    • Work in conjunction with the team to evaluate new investment opportunities and acquisitions by standardizing methodologies for analysis
    • Work with CFO in assigned special projects based on overall company objectives
Some of our competitive offerings include generous benefits packages (Health, Dental, Vision, Life and AD&D, 401K), tuition reimbursement and scholarship opportunities, vacation and personal holidays, and in-store purchase discounts.

Hiring pay range: $233,840.00 - 300,000.00

Knowledge, Skills And Abilities

  • Experience with BI tools, financial tools and enterprise accounting systems, advanced analytics, etc.
  • Proven ability to lead, develop, and manage teams
  • Highly analytical with the ability to translate large amounts of data and information into strategic and actionable insights and business recommendations
  • Proven ability to work with and lead cross-functional teams
  • Excellent oral and written communication skills including the ability to explain or translate technical concepts into non-technical terminology based on audience.
  • Background in retail, consumer goods or investment banking experience preferred

Experience: 15 years related, 10 years progressive financial experience required to include progressive leadership roles

Education: 4 years/Bachelors Degree and/or equivalent experience/training. Masters degree preferred

Other: 20% travel

Work Environment: Office

Reference: req40148

Follow Us

Instagram: @savemart

Facebook: Save Mart

YouTube: @savemartsupermarkets

LinkedIn: The Save Mart Companies

The Save Mart Companies is an Equal Opportunity Employer, and we welcome resumes from individuals who will contribute to our diverse workforce.

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