What are the responsibilities and job description for the Analyst, Mergers and Acquisitions position at 7-Eleven, Inc.?
With more than 13,000 stores in the U.S. and 84,000 stores globally, it is no wonder 7-Eleven, Inc. has been named an iconic brand. In addition to 7-Eleven stores, 7-Eleven, Inc. also operates and franchises Speedway, Stripes, Laredo Taco Company and Raise the Roost locations.
Since inventing the convenience industry in 1927, 7-Eleven has built a rich 96-year history filled with beloved products like Slurpee, Big Gulp and Big Bite, and fan-favorite holidays like Slurpee Day and Bring Your Own Cup Day.
Now, 7-Eleven is on a mission to contemporize the brand and redefine convenience – and we need your help.
▶ About This Opportunity
Responsibilities
General Description:
Assertive, detailed and skilled Analyst (“SA”) needed for 7-Eleven’s Mergers & Acquisitions team. The 7-Eleven M&A team’s mission is to accelerate 7-Eleven’s store development and portfolio optimization in North America, which includes the goal to expand store count to 20,000 in the US, while maximizing the bottom-line impact through the most profitable channels of trade, and to directly assist in 7-Eleven’s Digital Transformation through utilizing acquisitions and strategic transactions to accelerate change and growth in its in-store, digital and service product offerings, as well as the technology and/or processes to support such business, product and services development. Additionally, the M&A team includes Acquisition Integration in order to manage the full life-cycle of a transaction until integration and into a hand-off to core operations.
The SA will be a key member of the team and assume a leading role on individual initiatives and project teams for transactions. He/she will need to lead the financial analysis on store and non-store opportunities and will be a key member of cross-functional teams supporting and accelerating the strategic growth of 7‑Eleven. He/she will succeed by successfully owning and understanding how 7‑Eleven analyzes, evaluates, and models strategic opportunities and can offer well-reasoned and value-added assumptions and opinions to drive the financial model, while supporting a transaction from prospecting/NDA through closing and then integration. The SA’s primary roles include completing site assessments/characterizations; developing and modifying valuation models; performing business and financial analysis; conducting due diligence/planning (business/legal/environmental); providing analytic support throughout the deal development cycle; and generating and maintaining internal reporting on transactions shared with other departments and the Executive Committee. Working closely with the analysts, managers, directors and the Vice President, he/she will be part of world-class M&A and Acquisition Integration team and have direct deliverables to, and interaction and opportunities to influence, the senior management of 7‑Eleven on strategic initiatives. SAs on the M&A team also provide leadership, support, and deliverables to other departments in the Development Team and other departments that work with the M&A team to pursue new and complementary non-traditional opportunities, such as the Digital, Delivery, Business Development, International and IT teams.
The ability to quickly decipher information, evaluate opportunities and creatively solve problems will be key to being successful in this role. This leader will need to internalize and utilize the 7‑Eleven Leadership Principles and Digital/Agile thinking to move quickly and decisively.
A successful SA in M&A will master the financial analysis and modeling necessary to contribute to each opportunity and accelerate the transformation of 7‑Eleven and the M&A team by challenging the status quo and being courageous with his/her point of view.
Duties and Responsibilities:
Site Assessments:
- Perform detailed assessments/characterizations of prospective acquisition sites for stakeholder evaluation
- Prepare business reports and presentations supporting deal development
- Develop and maintain competitive assessment of key acquisition targets
Business/Financial Analysis:
- Determine economic assumptions for investment modeling through communication with other departments as needed
- Prepare pro-forma and valuation models for acquisition opportunities
- Conduct scenario and sensitivity analyses to further analyze strategic investment decisions
- Coordinate with various internal stakeholders to develop financial plans and budgets for acquisitions
- Prepare reports of acquisition performance on a monthly and quarterly basis for management review
Due Diligence/Planning:
- Lead research efforts for acquisition deals, in support of decision-making process
- Assimilate significant amounts of information for stakeholder analysis
- Review and comment on key transaction agreement documents
Additional Responsibilities:
- Track and support all M&A divest activity
- Work cross functionally to ensure that Legal, Accounting, Operations, IT, Real Estate, SEI Fuels, etc., are all properly informed and engaged with each divestiture project
- Support and assist in integration of the transaction with the Acquisition Integration team, including modeling different levels of potential remodels, rebrands and implementation of programs
- Prepare and contribute to presentations for stakeholders, including 7‑Eleven executives and Board of Directors and representatives of 7‑Eleven’s parent companies
- Track and prepare reports regarding industry acquisitions and both industry-specific and global issues impacting acquisitions and strategic growth initiatives
- Work with Digital, Delivery, Business Development, International and other teams to evaluate prospective for strategic ventures that could include material investments, joint ventures, partnerships and/or acquisitions
- Support cross-functional goals and acceleration of such strategic plans through structured transactions
- Analyze financials and operations of prospective partners
- Provide other technical support for M&A deals, including Project Forum, lease reviews, existing 3rd party contract reviews, etc.
- May perform various special projects such as market studies or industry assessments to determine future growth opportunities; perform other related duties as requested by management
Qualifications
Preferred Qualifications:
- Bachelors/4 Year Degree in Business or related field
- 3-5 years of M&A/Investment Banking/Private Equity/Venture Capital/Corporate Development/Similar Experience
Key Skills that will make you successful in this role:
- Strategy, finance, problem-solving, analytical/deductive thinking,
- Strong understanding of Financial Statements analysis and derivation of key valuation components (EBITDA, Free Cash Flow, etc.)
- Proficient use of valuation methodologies such as: discounted cash flows and comparables/precedent transactions
- Team player, leadership ability (lead up the chain, across functions and down),
- Communication (verbal and written)
- Development (continual self-development, as well as development of team members)
- Ability to manage multiple tasks, organizational skills
- Creativity, decisiveness and integrity
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