Sr. Analyst - Finance Strategy & Analytics
CarMaxAbout the role
The Expansion Planning & Analysis team is a community of analysts with a variety of strategic and technical skillsets. We work together to develop data-driven expansion strategies and guide CarMax to make sound financial investments that enable our growth goals, particularly around retail sales, vehicle reconditioning, and wholesale auctions.
Our team tackles these complex problems while striving to be a great representation of CarMax’s 4 core values: Do the Right Thing, Put People First, Win Together, and Go for Greatness
About The Role
CarMax relies on significant investments in physical infrastructure to fuel our future growth. These investments include both the continued expansion of our retail locations as well as the vast network of facilities required to support sales of 1,600,000+ vehicle a year with reconditioning, auction, and transportation capacity.
Our team of business analysts plays a critical role in identifying future opportunities for expansion, developing strategies to support growth on a 3-10 year time horizon, and highlighting key insights to unlock optimal returns on our existing investment portfolio.
Key questions include:
- Where are the largest opportunity areas to reach new customers?
- What store type is optimal for serving that demand?
- What is the expected return on investment?
- How should future investments change as more of our business shifts online?
- Which regions will need additional reconditioning and auction facilities?
- How should these facilities be prioritized and when is the optimal time to build?
As a Sr. Analyst on the team you will work closely with our Operational and Strategy business partners to make key recommendations for financially optimal expansion strategies. These strategies will support CarMax’s long term strategic goals and ensure that we have the right infrastructure in place to meet the growing needs of our retail and wholesale customers.
What You Will Do – Essential Responsibilities
A successful finance strategy analyst will:
- Be an analytic partner and establish a close working relationship with our business partners
- Conduct data and financial analysis to propose and evaluate future store growth and expansion opportunities
- Enhance and utilize analytical tools (models, reports, dashboards) to monitor store performance and identify opportunities to drive innovation and efficiency
- Translate insights into clear business recommendations for operational partners and department leadership
Qualifications and Requirements
Ability to consistently deliver at a high level on the responsibilities listed above. Requirements listed below are representative of the knowledge and skills required:
- Four-year undergraduate degree with strong academic record
- 2+ years experience in a finance, analytical or strategic role strongly preferred
- Ability to travel and perform site visits to prospective & existing CarMax locations as needed
- Experience conducting data and financial analysis to support conclusions, and a willingness to gain proficiency in data analysis tools such as SQL or Tableau
- Ability to communicate complex topics to people with varying backgrounds and levels of technical familiarity
- Enthusiasm for collaborating with a team of passionate analysts and business partners who regularly shape both big picture growth strategy and tactical site-specific investment decisions
Work Location and Arrangement: This role will be based out of the CarMax Home Office (Richmond, VA) and associates will work onsite 5 days per week.
Work Authorization: Applicants must be currently authorized to work in the United States on a full-time basis. Sponsorship will not be considered for this specific role.
About CarMax
CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 250 locations nationwide.
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