Sr. Financial Analyst, Inventory
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What you'll do
- 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.
- Present verbal and written reports on general economic trends, individual corporations, and entire industries
- Partner with internal customers to implement performance management rhythms.
- Provide appropriate input into test design to ensure results can be relied upon to make investment decisions.
- Provide external financial information on competitors and the industry.
What they're looking for
- Strong Microsoft Word, Excel, Access, AS/400 and PeopleSoft skills
- Strong analytical and organizational skills
- Ability to work with and apply mathematical concepts to practical situations such as probability and statistical inference, and fundamentals of plane and solid 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 groups of senior management, department heads, managers, clients, customers, and the general public
- Ability to define problems, collect data, establish facts, and draw valid conclusions
- Bachelor’s degree in Economics/Finance/Business is required
- 3-5 years of financial and business analysis experience
Nice to have
- Experience working in retail environment preferred
- MBA preferred
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Job Description
The Sr. Financial Analyst, Inventory provides 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. These include Customer Acceleration/Transformation, Availability Excellence and Superior Experience by driving profitable growth through rigorous analysis and insight.
Location & Work Availability:
This position is Hybrid (4 days in office, 1 day remote), based at our corporate headquarters in Raleigh, North Carolina.
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.
Present verbal and written reports on general economic trends, individual corporations, and entire industries
Partner with internal customers to implement performance management rhythms.
Provide appropriate input into test design to ensure results can be relied upon to make investment decisions.
Provide external financial information on competitors and the industry.
Maintain knowledge and stays abreast of developments in the fields of industrial technology, business, finance, and economic theory.
FOCUS
Providing support / strategic direction on in-flight inventory and assortment projects
Reviewing current inventory levels / associated KPI��s to find areas of opportunity for reducing on hand and improving inventory turns
Critical analysis of current assortment to identify areas of improvement to generate incremental sales
Own a portion of the inventory forecast to review week-to-week changes to ensure that we continue to march towards our year end budget
Be a trusted business partner for our inventory team
Provide other ad-hoc support to the inventory / assortment team as needed
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 accommodations may be made to enable individuals with disabilities to perform the essential functions.
Strong Microsoft Word, Excel, Access, AS/400 and PeopleSoft skills
Strong analytical and organizational skills
Ability to work with and apply mathematical concepts to practical situations such as probability and statistical inference, and fundamentals of plane and solid 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 groups of senior management, department heads, managers, clients, customers, and the general public
Ability to define problems, collect data, establish facts, and draw valid conclusions
Experience working in retail environment preferred
CERTIFICATIONS, 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.
No certifications required
Benefits Summary:
We believe in supporting our Team Members and those they love through comprehensive health & wellness benefits. Learn more here: https://jobs.advanceautoparts.com/us/en/benefits
Company Overview:
Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of January 3, 2026, Advance operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The Company also served 809 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.
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 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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