Sr. Manager, Inventory Finance

Advance-Auto-Parts; Raleigh (NC); On-site; USD 120,000 - 180,000; Full time

Job summary

Advance Auto Parts is seeking a Senior Manager of Inventory Finance to guide FP&A and strategic financial planning for the Inventory team. You will drive forecasting, analytics, and decision-support, influencing cross-functional leaders to maximize margin and performance.

The role requires a proven FP&A leader with strong communication and mentoring skills, capable of shaping long-term financial strategies while delivering near-term results.

Qualifications

• Bachelor’s Degree in Finance (or related field) required; MBA or equivalent preferred; and 5-7 years of Finance experience with progressive responsibilities (in retail or multiple-unit business preferred); or Equivalent combination of education and experience.
• Experience leading FP&A, forecasting and financial analysis with ability to model business cases.
• Strong communication skills and ability to influence senior management.

Responsibilities

• Lead the planning, forecasting and analysis activities across inventory finance and become a decision-support partner for critical business decisions.
• Identify KPIs for inventory productivity and regularly measure them to ensure results align with plans.
• Analyze assumptions behind strategic initiatives to assess financial return and operational impact.
• Provide recommendations for modifications to initiatives and identify risks with proactive solutions.
• Build and manage a team of analysts, developing their financial acumen and performance.
• Partner with business leaders to estimate financial performance of new programs and prioritize strategies.

Skills

FP&A

Leadership

Analytical thinking

Communication

Strategic thinking

Mentoring

Stakeholder management

Education

Bachelor's in Finance

MBA preferred

Job description

Job DescriptionThe Senior Manager of Inventory Finance will lead the finance support to our core operational strategies for our Inventory team. The primary objective of a Senior Manager of Finance is to serve as a proactive strategic business challenger and partner leading all aspects of FP&A, decision support, revenue generation, cost control and margin improvement. This position is responsible for helping create long-term financial and operational strategies as well as managing the near-term performance. This position plays a critical role in driving ownership, accountability and financial horsepower into the business through financial planning, forecasting, measuring, interpreting and implementing key performance metrics and analytics.In addition, this position is expected to play a key role in leading cross functional initiatives to capitalize on areas of opportunities and is expected to work collaboratively across the organization. This position will help guide the senior leadership team in the areas of business performance and financial discipline; and provide analytical rigor to all business-related strategies, initiatives and activities in order to maximize value, minimize risks and help make better decisions. The ideal candidate is a well-rounded top performer with demonstrated leadership and communication skills necessary to effectively articulate critical financial information, influence management decision making, and deliver results.ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.Lead the planning, forecasting and analysis activities across our inventory teams and be a decision support partner in making critical business decisions. Identify key performance metrics for inventory productivity and regularly measure those metrics to ensure the organization is focused on achieving results as planned.Analyze assumptions used to develop the Company’s key strategic initiatives to validate their potential to produce adequate financial return, the impact they will have on operations, and the likelihood of fulfilling long-term strategic expectations. Provide recommendations for modifications to key initiatives where appropriate.Identify potential risks and provide proactive solutions as key initiatives are implemented. Develop reports & insights to Company leaders regarding major accomplishments as well as areas of opportunity to improve financial performance.Build, develop, manage and maintain competent, engaged and highly motivated analysts and managers. Develop the financial and business acumen of direct reports, especially as it relates to the business area they primarily support.Analyze specific areas that are not generating results according to plan. Partner with business leaders to estimate the financial performance of new programs under consideration. Aid in prioritizing strategies and initiatives within each business area.QUALIFICATIONSTo 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.Experienced financial leader with proven track record of FP&A, analyzing business issues and making appropriate recommendations.Ability to roll up sleeves with comfort to navigate through complex systems, work with a large volume of data, model business cases and provide recommendations for operational execution.Fast learner with intellectual curiosity to expand and deepen business, retail and financial knowledge.Demonstrated strong problem-solving ability and analytical skillset.Excellent oral and written communication skills, including ability to create and deliver compelling presentations to all levels of management.Strategic thinker to work collaboratively and drive cross-functional initiatives and strategies.Proficient in cultivating key business relationships and partnerships.Ability to lead, champion, and be a catalyst for change.Ability to influence leaders and constructively manage conflict.Acts with the highest level of integrity/honestly, and instills trust in others.Ability to mentor and develop people, lead engaged teams, and inspire confidence in others.EDUCATION and/or EXPERIENCEBachelor’s Degree in Finance (or related field) required;MBA or equivalent preferred; and5-7 years of Finance experience with progressive responsibilities (in retail or multiple-unit business preferred); orEquivalent combination of education and experience.SUPERVISORY RESPONSIBILITIESThis position directly supervises 2-3 Finance Analysts.CERTIFICATES, LICENSES, REGISTRATIONSNone required. CPA, CFA, CMA or MBA preferred.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