Sr. Financial Analyst, PRO Sales

Advance Auto Parts•Raleigh, NC

About The Position

The Sr. Financial Analyst provides decision support by collecting, analyzing, and interpreting data and forecasting business trends to support Advance Auto Parts’ strategic and operating plans. The role supports Customer Acceleration/Transformation, Availability Excellence, and Superior Experience by driving profitable growth through rigorous analysis and insight. The position provides financial analysis and direction on cost determination, cost reduction, inventory valuation, overhead allocation, joint costs, and product pricing. It conducts studies on work performed in-house versus subcontracted work, and evaluates the cost impact of proposed facilities or processes. The analyst also investigates project issues, defines assumptions for analyzing investments, acquisitions, and divestitures, and contributes to long-range financial forecasts and budgets. The role develops fact-based financial analysis, economic models, and ad hoc analyses to support investment decisions; reports on economic trends, corporations, industries, competitors, and external financial information; and partners with internal customers on performance management rhythms and test design. It also maintains knowledge of developments in industrial technology, business, finance, and economic theory. The position directly supervises Budget/Financial Analyst(s) and provides guidance and financial direction to four retail area Financial Analysts who report to Area Senior Vice Presidents.

Requirements

Bachelor’s degree in Economics, Finance, or Business is required, or an equivalent combination of education and experience.
3–5 years of financial and business analysis experience, or an equivalent combination of education and experience.
Strong Microsoft Word, Excel, Access, AS/400, and PeopleSoft skills.
Strong analytical and organizational skills.
Ability to apply mathematical concepts to practical situations, including probability, statistical inference, geometry, and trigonometry.
Ability to read, analyze, and interpret general business periodicals or technical procedures.
Ability to write reports, business correspondence, and procedure manuals.
Ability to present information and respond to questions from senior management, department heads, managers, clients, customers, and the general public.
Ability to define problems, collect data, establish facts, and draw valid conclusions.

Nice To Haves

MBA preferred.
Experience working in a retail environment preferred.

Responsibilities

Provide guidelines for standard cost approaches used in business decisions and establish and monitor cost-reduction programs.
Perform root-cause and driver analysis, communicating results as business insights and actions.
Provide direction to functional counterparts and operating and senior management on cost determination, inventory valuation, overhead distribution, joint costs, and product pricing.
Conduct special studies and analyses, including work-in-house versus subcontracting decisions and the cost impact of proposed facilities or processes.
Identify and investigate issues related to assigned projects using accepted methodologies or recommended alternatives.
Define assumptions for quantifying and analyzing investments, acquisitions, or divestitures.
Participate in developing long-range financial forecasts and related budgets, considering alternative scenarios and economic prospects.
Provide fact-based financial analysis, economic modeling, and ad hoc analysis to support proposed investment business cases.
Present verbal and written reports on general economic trends, individual corporations, and industries.
Partner with internal customers to implement performance management rhythms.
Provide input into test design to ensure results can be relied upon for investment decisions.
Provide external financial information on competitors and the industry.
Maintain knowledge of developments in industrial technology, business, finance, and economic theory.
Directly supervise Budget/Financial Analyst(s) and provide guidance and financial direction to four retail area Financial Analysts.