Job Description

We are seeking a highly motivated and analytical Sr. FP&A Analyst to provide decision support by collecting, analyzing and interpreting data, as well as forecasting business trends to support the overall strategic and operating plans of Advance Auto Parts.

The ideal candidate brings strong financial analytic skills and the ability to translate complex business initiatives into robust financial analyses that will influence business decisions. This role will also play a key part in strengthening forecast accuracy, standardized reporting, and enabling effective cross-functional collaboration with business partners.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Provide guidelines for standard cost approaches used in business decisions; establish and monitor cost reduction programs.
• Provide root/cause driver analysis to support decision-making by effectively communicating and translating the results into business insights and actions
• Provide direction to functional counterparts in operating units as required, and to operating and senior management on matters involving cost determination problems, or issues such as inventory valuation, distribution of overhead, treatment of joint costs and product pricing.
• Conduct special studies and analyses such as determination of work-in-house or subcontract and cost impact of proposed facilities or processes.
• Identify and investigate issues related to assigned projects by selecting an approach from an accepted body of methodology or recommended alternatives.
• Define assumptions for the quantification and analysis of investments, acquisitions, or divestitures.
• Participate in the development of long-range financial forecasts and related budgets, considering alternative scenarios and economic prospects as appropriate.
• Provide fact-based financial analysis, economic modeling and ad-hoc analysis that supports the business case for proposed investment.
• Maintain knowledge and stays abreast of developments in the fields of industrial technology, business, finance, and economic theory.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Strong Microsoft Office knowledge
• Strong analytical and organizational skills
• Working knowledge of basic accounting principles (GAAP preferred) and the ability to analyze and interpret financial statements to support business decision making
• Ability to work with and apply mathematical concepts to practical situations
• Ability to present information and respond to questions from cross-funcational business partners
• Ability to define problems, collect data, establish facts, and draw valid conclusions
• Experience working in retail environment preferred

EDUCATION and/or EXPERIENCE

• Bachelor’s degree in Economics/Finance/Business is required, (MBA preferred); and
• 3-5 years of financial and business analysis experience; or
• Equivalent combination of education and experience.

SUPERVISORY RESPONSIBILITIES

None

CERTIFICATES, LICENSES, REGISTRATIONS

None Required

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

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We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age national origin, religion, sexual orientation, gender identity, status as a veteran and basis of disability or any other federal, state or local protected class. We comply with all applicable federal, state, and local laws.

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