Profitability Manager at Wegmans Food Markets in Rochester, New York

Posted in Other about 4 hours ago.

Type: full-time





Job Description:

This role is responsible for providing profitability analysis to senior leadership allowing Wegmans to assess current successes and opportunities and predict future performance. You will support with key company profitability strategies.

What will I do?
  • Perform in-depth profitability analysis for new and existing markets to provide leadership the tools to make informed business decisions
  • Perform New Store proformas for new and existing markets; using expertise to ensure they provide a valid, comprehensive profitability analysis
  • Provide profitability analysis for special projects as requested
  • Partner with internal business units to drive understanding of profitability and key drivers of financial performance; take into consideration business risk, financial impact and workflow needed to develop persuasive financial and strategic recommendations
  • Provide technical expertise to find solutions; understand operational & system workflows with ability to see big picture
  • Build credibility, independently identify opportunities across business units, and influence business decisions
  • Communicate and present project updates to senior company management; provide analysis that can influence the decisions of executive leadership on where to invest future business
  • Utilize sound financial judgment to provide an accurate picture of profitability that considers a multitude of complicating factors that can shape our perceived expenses/income
  • Research and follow the trends of competition that can impact our business; provide analysis and reporting on the profitability of competitors that can provide insight to our strategic business planning
  • Collaborate and establish trusted partnership across the business to analyze and identify opportunities in support of Operations and company priorities/new business initiatives

Required Qualifications
  • 3 or more years of experience in the management of financial analyses, budgeting/planning and forecasting concepts and processes
  • 3 or more years of experience providing financial analysis to influence business decisions
  • Understanding of the Financial Statements with an aptitude for financial modeling and scenario/strategy evaluation
  • Bachelor's degree in a related field

Preferred Qualifications
  • Experience using Business Intelligence tools
  • Experience with statistical and predictive modeling
  • MBA degree

At Wegmans, we've long believed we can achieve our goals only if we first fulfill the needs of our people. Putting our people first and offering competitive pay and a variety of benefits & perks is just the start of what it means to work at Wegmans.

Whether through premium pay for working overtime, on Sundays or on recognized holidays, offering industry-leading health care coverage and wellness programs to support physical, financial, and emotional well-being, or paid time off (PTO) to help you balance work and life, we've got something for everyone.

And because we care about the wellbeing and success of every person, we recognize each person has their own unique scheduling needs. We're proud to offer flexibility in scheduling so our employees can prioritize what is most important to them. Our large, high-volume stores and 24x7 operations allow for personalized schedules that balance an employee's individual needs with the needs of our business and each department.

Comprehensive benefits*
  1. Paid time off (PTO) to help you balance your personal and work life
  2. Higher premium pay rates for working overtime, on Sundays, or on a recognized holiday
  3. Health care benefits that provide a high level of coverage at a low cost to you
  4. Retirement plan with both a profit-sharing and 401(k) match
  5. A generous scholarship program to help employees meet their educational goals
  6. LiveWell Employee & Family program to support your emotional, work-life and financial wellness
  7. Exclusive discounts on electronics, entertainment, gym memberships, travel and more!
  8. And more!

***Certain eligibility requirements must be satisfied and offerings may differ based upon area or the company and/or position.

For 25 years in a row, our employees have put us on the FORTUNE magazine's list of the 100 Best Companies to Work For®. Discover what it means to work for a family-owned, mission-driven, values-based company that believes in caring, respect, empowerment, high standards and making a difference in the community. Because with a family-like atmosphere of shared support, leaders who have your best interest at heart and growth as part of everything we do, Wegmans is the place for you to do what you love-and love what you do.
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