Senior Financial Analyst

2 weeks ago


Raleigh, North Carolina, United States Advance Stores Company Inc (500) Full time
Position Overview:

Advance Auto Parts is in search of a skilled Senior Financial Analyst to join our Vendor Programs team. This role is essential in providing analytical support for our vendor incentive initiatives, collaborating closely with teams in both the United States and India.

Key Responsibilities:

  • Calculate and analyze vendor incentive income, ensuring accurate journal entries reflect income recognition and vendor receivables.
  • Conduct thorough analytical reviews of financial data, translating complex information into understandable insights for non-financial stakeholders.
  • Maintain and prepare necessary schedules and documentation for management and reporting purposes.
  • Monitor vendor purchases to assess progress towards contractual volume thresholds.
  • Review contracts periodically to ensure calculations are based on the most current terms.
  • Collaborate with cross-functional teams, including Merchandising, Accounts Payable, Finance, Operations, and IT.
  • Assist in the closing processes for periods, quarters, and year-end audits.
  • Address vendor inquiries and resolve disputes effectively.
  • Lead initiatives aimed at improving accounting processes and enhancing financial controls.
  • Participate in ad hoc projects as required.

Required Skills:

  • Comprehensive understanding of U.S. GAAP and relevant accounting principles.
  • Proficient in Microsoft Office Suite.
  • Ability to work collaboratively as part of a team while also being self-sufficient.
  • Strong analytical, organizational, conflict resolution, and negotiation skills.
  • Exceptional interpersonal skills for effective collaboration with various departments and external partners.
  • Familiarity with accounting software such as Oracle Cloud ERP, ReconNet, Blackline, and AS400.
  • Capable of analyzing data, drawing conclusions, interpreting results, and making informed recommendations regarding incentive calculations.
  • Effective communication skills, both written and verbal.

Educational Background:

  • Bachelor's degree in Accounting, Finance, or Business (Master's degree preferred).
  • Minimum of 5 years of experience in analyzing and recording incentives, particularly from vendors.

Advance Auto Parts is committed to fostering a culture of excellence and integrity, ensuring that our team members are equipped to provide outstanding service to our customers and communities.



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