Analyst II, Finance- Strategy

8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238

CarMax, the way your career should be!

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 an Analyst, 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 in Richmond, VA and have a Hybrid work arrangement. Associates based in Richmond 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.

Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community.  We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.

Our Commitment to Diversity and Inclusion:

CarMax is committed to bringing together people from different backgrounds and perspectives, providing employees with a safe, welcoming, and inclusive work environment.

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.

Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.