Full Job Description
Job Summary and Mission
Part of the US Product Finance team, this job contributes to Starbucks success by supporting, developing and improving the financial processes that enable and influence sound planning and decision-making for the Customer, Marketing and Product organization. The role will support the holistic Product Portfolio management and strategy, facilitate the development of quarterly forecasting and month-end reporting activities, as well as conduct in-depth analysis with a rigorous focus on topline growth and margin. Models and acts in accordance with Starbucks guiding principles.
Summary of Key Responsibilities
Responsibilities and essential job functions include but are not limited to the following:
Leads the development of US Product Finance department's financial plan and quarterly forecasts. Supports the development of financial strategic plans. Establishes timelines, partners with Sourcing, R&D, Store Operations and product budget owners, manages consolidation and initiates timely reviews of the financial projections to ensure plans are delivered on time and are consistent with overall company plans. Identifies and communicates plans' risks and opportunities. Conducts decision analyses as needed and communicates results.
Performs due diligence for new initiatives. Performs sensitivity and incremental cost/benefit decision analyses. Conducts audits. Builds financial models and provides analytical support for business initiatives and contract negotiations. Identifies, analyzes, and communicates trends and issues affecting the business.
Analyzes and provides feedback on monthly financial results and key performance measures. Prepares management reports against forecast, budget and prior year. Provides root cause variance explanations and highlights opportunities and risks. Identifies trends, communicates observations and provides recommendations for cost and margin improvements.
Provides and explains financial information and guidance effectively to all levels of management. Educates financial/business acumen and ensures adherence to policy. Establishes and facilitates process development and performs on-going review of planning and reporting process to evaluate effectiveness and making recommendations for improvements.
Summary of Experience
Financial analysis 5 years
Bachelors degree or 4 or more years of US military experience
5 or more years of experience in a role performing financial analysis job functions, including budgeting, forecasting, planning and financial reporting
2 or more years of experience in a role using electronic financial modeling skills
3 or more years of experience in a role presenting financial analysis and recommendations to a business unit leader
Required Knowledge, Skills and Abilities
Ability to communicate clearly and concisely, both orally and in writing
Ability to work both independently and as part of a team
Advanced skills in Microsoft Word and Excel
Strong attention to detail
Ability to set priorities and meet deadlines in a fast-paced and changing environment
Advanced financial modeling skills
Working knowledge of financial and management accounting principles
Puts the Customer First: Has a relentless focus on the customer. Understands what the customer wants and how to best deliver the experience.
Works Well with Others: Listens and communicates well with others within and outside of Starbucks. Creates a team environment that is positive and productive.
Leads Courageously: Takes personal responsibility to do the right thing, and persists in times of challenge or uncertainty. Adapts quickly to change and makes timely, thoughtful decisions.
Develops Continuously: Continuously seek opportunities to improve self and others. Leads with trust, honesty and commitment to hire, coach and develop partners to achieve their potential.
Achieves Results: Understands what drives overall business success and is accountable to prioritize and deliver quality results. Demonstrates knowledge of core products and processes to get results. Anticipates obstacles and takes action to prevent or minimize their impact.
Starbucks and its brands are an equal opportunity employer of all qualified individuals.
We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers throughout our global communities. People of color, women, LGBTQIA+, veterans and persons with disabilities are encouraged to apply.
Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal state and local ordinances. Starbucks Corporation is committed to offering reasonable accommodations to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at 206-318-0660 or via email at firstname.lastname@example.org