Sr. Financial Planning & Analysis (FP&A) Analyst

Job Description

Job Description

With over 90 years of experience in the alcohol industry, MGX understands the complex US beverage alcohol business and enables our customers to navigate it more efficiently. We collaborate with retailers and suppliers to design and implement supply chain solutions to optimize a product’s route to market. MGX provides a single point-of-contact across the entire beverage alcohol supply chain, bringing together the services of our affiliated companies Gordon Logistics, Milton’s Distributing, and Hope Beverage.

We recognize that nothing happens without our people and that our team members are our most important asset. We’re a family-owned and operated business committed to building a culture that recognizes, respects, and rewards our employees. We offer competitive wages and comprehensive benefits coverage including medical, dental, 401K, profit sharing, and tuition reimbursement.

Job Summary:

The Sr. Financial Planning & Analysis (FP&A) Analyst is responsible for providing reporting, analysis, and valuable insights to the finance and operations teams related to the company’s Retail Services division and corporate expenditures. This includes cost-to-serve, pricing, customer analysis, vendor analysis, SKU analysis, budget to actual reviews, annual budget preparation, and ongoing ownership of the financial budget. Additionally, this role is essential in developing and implementing strategic business initiatives related to pricing, distribution, supply chain, and cost reduction opportunities.

Essential Functions:

• Analyze monthly volume and mix reports by item and portfolio to identify trends and opportunities.
• Maintain and enhance dynamic pricing models for all customers, ensuring accurate and competitive pricing strategies.
• Provide evidence-based pricing recommendations to the Head of Finance and Chief Commerical Officer, including development of supporting presentation materials for internal and customer communications.
• Assist in the development of price structures by understanding costs at both the customer and portfolio levels, and analyze period-over-period gross margin changes.

• Analyze regular expected vs. actual reporting for all significant supply chain costs, identifying variances and root causes.
• Work with Supply Chain team to offer supply chain efficiency recommendations, with a focus on cost reduction and operational improvements.
• Collaborate with Supply Chain and Customer Service teams to develop budgets, forecasts, and key business assumptions for the Retail Services division.
• Conduct and communicate full-cycle product analyses for both internal stakeholders and external customer presentations.
• Lead action-oriented budget-to-actual cost center reviews and support transportation and distribution financial health analyses, including outbound freight, third-party warehouse costs, and cross-company charges.

• Own the process for budget development and consolidation, including regular forecasting and budgetary reviews across the organization.
• Lead monthly cost center reviews and provide support for cost and variance analyses to ensure fiscal discipline.
• Advise budget owners in understanding their budgets, identifying risks and opportunities, and driving accountability for financial performance.
• Oversee and continuously improve the technology that enables the budgeting process (currently Excel), ensuring accuracy and efficiency.

• Designing models for scenario planning related to future business opportunities and risks.
• Deliver regular KPI reporting to the Finance and Executive teams to drive business performance and strategic decision-making.
• Leverage strengths in Power BI and data analytics to build and enhance dashboards, collaborating with business intelligence and operations analysts to support data-driven insights.
• Stay informed of industry news and trends to proactively identify potential threats and opportunities for the business.
• Champion the adoption of financial technologies and data intelligence tools to enhance the company’s analytic capabilities.

Skills and Qualifications:

• Education
• Bachelor's degree in Accounting/Finance or related field
• Experience
• 5+ years working in financial and/or business analysis
• 2+ years’ experience actively participating in enterprise-wide budget process
• Ability to work in a high-energy, communication-intense environment
• Expert communication skills
• Understanding of accounting concepts and practices
• Competency with computers and variety of software applications including Microsoft Office 365 (Word, Excel, Teams, PowerPoint and Outlook)
• Proficiency in Microsoft Power BI
• Experience in retail/wholesale/CPG industries is preferred
• Experience working with Jet Reporting is preferred
• Experience working with Microsoft Business Central is a plus