Sr. Financial Analyst

Advance Auto PartsRaleigh, NC
48d

About The Position

SUMMARY: The Senior Finance Analyst (SFA), reporting to the Finance Manager - Independents, provides support and assistance with Independent CARQUEST stores while enforcing Advance Auto Parts Credit Policies, and helping implement the company's strategic goals and objectives. This role interfaces across all levels of the organization within finance, operations, sales and the Independents leadership team. Key components of the role will be managing the company's internal profitability related to our independent stores. The role is required to coordinate with broader teams towards a common objective while adhering to established policies and procedures. The team member builds trust and relationships as they interface across many parts of the organization. ESSENTIAL DUTIES AND RESPONSIBILITIES: Develop business relationships with our independent CARQUEST stores with the objective to counsel and give financial assistance concerning achieving enhanced profitability and operating under sound financial practices. Build strong working relationships with sales teams and leadership as a strong team member providing financial guidance and assisting to meet company's goals. Direct and support team members by providing financial guidance, mentoring and review of their work. Work with the Independent Credit team on all billing issues, credit limits and credit holds. Assist with the credit investigation for all new stores and prepares/reviews documents for a store's open account request. Assist with all Phase One resales and company store acquisitions including preparation of proforma financial data and tracking inventory during change over. Attend all conference calls related to the resale and assist corporate legal department with the preparation of legal documents to the sale or purchase and closing documents. Proforma preparation/review/presentation for below store scenarios Re-Sales/ NSO's/ Phase1s Stop Shipments/Payment Plans Monthly Reviews Assist our independent stores with the growth of their store group and with the transition of ownership of their CARQUEST store. Maintain credit files and monitor UCC filings for continuation on independent stores. Monitor store profitability and internal profitability Other duties to be assigned as needed.

Requirements

  • Ability to model financials with a solid understanding of accounting principles.
  • Ability to leverage technology to get at information, more efficiently.
  • Ability to read and comprehend store income statements, balance sheets and statements of cash-flows to create pro-forma statements and make recommendations to improve performance.
  • Ability to present information and respond to questions from groups of senior management, department heads, and the Finance/IT/Business teams.
  • Bachelor's degree in Business, Finance, Accounting or related required and 3-10+ years' experience in a Finance field.

Nice To Haves

  • Exposure to small businesses and a knowledge of QuickBooks is a plus.

Responsibilities

  • Develop business relationships with our independent CARQUEST stores with the objective to counsel and give financial assistance concerning achieving enhanced profitability and operating under sound financial practices.
  • Build strong working relationships with sales teams and leadership as a strong team member providing financial guidance and assisting to meet company's goals.
  • Direct and support team members by providing financial guidance, mentoring and review of their work.
  • Work with the Independent Credit team on all billing issues, credit limits and credit holds.
  • Assist with the credit investigation for all new stores and prepares/reviews documents for a store's open account request.
  • Assist with all Phase One resales and company store acquisitions including preparation of proforma financial data and tracking inventory during change over. Attend all conference calls related to the resale and assist corporate legal department with the preparation of legal documents to the sale or purchase and closing documents.
  • Proforma preparation/review/presentation for below store scenarios
  • Re-Sales/ NSO's/ Phase1s
  • Stop Shipments/Payment Plans
  • Monthly Reviews
  • Assist our independent stores with the growth of their store group and with the transition of ownership of their CARQUEST store.
  • Maintain credit files and monitor UCC filings for continuation on independent stores.
  • Monitor store profitability and internal profitability
  • Other duties to be assigned as needed.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Motor Vehicle and Parts Dealers

Number of Employees

5,001-10,000 employees

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