Sr. Financial Analyst, Inventory

Advance Auto Parts Inc.; Raleigh (NC); Hybrid; USD 85,000 - 115,000; Full time

Job summary

Advance Auto Parts Inc. is seeking a Sr. Financial Analyst, Inventory to drive decision support through data analysis and forecasting. The role involves partnering with inventory teams, reviewing levels and KPIs, and delivering actionable insights for profit growth. Hybrid work is available, based at the Raleigh, NC headquarters.

The ideal candidate has a finance or economics background with several years of experience and excellent analytical, communication, and modeling skills.

Qualifications

• Bachelor’s degree in Economics, Finance, or Business.
• 3–5 years of financial and business analysis experience.
• MBA preferred; strong analytical and communication skills.

Responsibilities

• Provide guidelines for standard cost approaches and cost reduction programs.
• Conduct root/cause analyses to support decisions and translate results into insights.
• Develop long-range financial forecasts and budgets with scenario planning.
• Present reports on economic trends, competitors, and industry performance.
• Partner with internal customers to implement performance management rhythms.

Skills

Forecasting

Financial analysis

Excel modeling

Data visualization

Communication

Education

Bachelor’s degree in Economics/Finance

MBA preferred

Tools

AS/400

PeopleSoft

Access

SQL

Word

Job description

Job DescriptionThe 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 actionsProvide 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 industriesPartner 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.FOCUSProviding support / strategic direction on in-flight inventory and assortment projectsReviewing current inventory levels / associated KPI’s to find areas of opportunity for reducing on hand and improving inventory turnsCritical analysis of current assortment to identify areas of improvement to generate incremental salesOwn a portion of the inventory forecast to review week-to-week changes to ensure that we continue to march towards our year end budgetBe a trusted business partner for our inventory teamProvide other ad-hoc support to the inventory / assortment team as neededQUALIFICATIONS: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 skillsStrong analytical and organizational skillsAbility to work with and apply mathematical concepts to practical situations such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometryAbility to read, analyze, and interpret general business periodicals or technical proceduresAbility to write reports, business correspondence, and procedure manualsAbility to present information and respond to questions from groups of senior management, department heads, managers, clients, customers, and the general publicAbility to define problems, collect data, establish facts, and draw valid conclusionsExperience working in retail environment preferredCERTIFICATIONS, EDUCATION and/or EXPERIENCEBachelor’s degree in Economics/Finance/Business is required, (MBA preferred); and 3-5 years of financial and business analysis experience; orEquivalent combination of education and experience.No certifications requiredBenefits 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/benefitsCompany 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.California Residents click below for Privacy Notice:https://jobs.advanceautoparts.com/us/en/disclosures