Job Description

Career Snapshot

* Employee Type:
Full-Time

* Location:
Philadelphia, PA

* Career Type:
Finance

* Date Posted:
31/3/2021

About Us

At Advance Auto Parts we have a passion for YES. Each day we are motivated by a passion to help our Customers. We have a commitment to advance the lives of our fellow Team Members, Customers, and the Communities where we live and work.

When you join our team, you become one of more of over 70,000 knowledgeable and experienced Team Members who are committed to providing outstanding customer service to our customers, communities and each other every day.

With over 5,100 stores in the United States, Canada, Puerto Rico and Virgin Islands, we are a leading automotive aftermarket parts provider. With opportunities ranging from our front lines in our Stores to our Distribution Centers to our Corporate Support Center and our rapidly growing Professional Business, we have the career for you.

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.

Career Description

Job Description

Job Description

SUMMARY:

The Senior Finance Analyst (SFA), reporting to the Sr. Finance Manager Independents, provides support and assistance with Independent CARQUEST stores while enforcing Advance Auto Parts Credit Policies, and helping implement the companys strategic goals and objectives.

This role interfaces across all levels of the organization within finance, operations, sales and the Independents leadership team. Key components of the role will be managing the companys liabilities in A/R, loans and inventory related to our independent stores. The role is required to coordinate with broader teams towards a common objective while adhering to established policies and procedures. The team member builds trust and relationships as they interface across many parts of the organization.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

* Develop business relationships with our independent CARQUEST stores with the objective to counsel and give financial assistance concerning achieving enhanced profitability and operating under sound financial practices.
* Build strong working relationships with sales teams and leadership as a strong team member providing financial guidance and assisting to meet companys goals.
* Direct and support team members by providing financial guidance, mentoring and review of their work.
* Monitor accounts receivables from Independent stores and enforce Advance Auto Parts credit policies. Work with the Independent Credit team on all billing issues, credit limits and credit holds.
* Assist with the credit investigation for all new stores and prepares/reviews documents for a stores open account request.
* Initiate new bank loans and annual renewals with Independent stores before their renewal dates ensures loan is within Advance Auto Parts financial guidelines. If a loan is being brought in-house SFA prepares the wire request and verifies the monies are applied to correct account. Review monthly store financial statements and note areas of concern for all stores with company-backed loans.
* Assist our independent stores with the growth of their store group and with the transition of ownership of their CARQUEST store.
* Maintain note and special consideration accounts. SFA prepares notes each period for special bad debt reserves.
* Assist with all Phase One resales and company store acquisitions including preparation of proforma financial data and tracking inventory during change over. Attend all conference calls related to the resale and assist corporate legal department with the preparation of legal documents to the sale or purchase and closing documents. If a bank loan is required, prepare documents and work with buyer on executing documents.
* Maintain credit files and monitor UCC filings for continuation on Independent stores.
* Other duties to be assigned 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.

Technical Qualifications:

* Ability to model financials with a solid understanding of accounting principles.
* Ability to leverage technology to get at information, more efficiently.
* Ability to read and comprehend store income statements, balance sheets and statements of cash-flows to create pro-forma statements and make recommendations to improve performance.

Ability to present information and respond to questions from groups of senior management, department heads, and the Finance/IT/Business teams.

EDUCATION and/or EXPERIENCE

Bachelors degree in Business, Finance, Accounting or related required and 3-10+ years experience in a Finance field.

Exposure to small businesses and a knowledge of QuickBooks is a plus.

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.

Travel required to meet with store owners, participate in new store conversions and work with sales teams. Maybe up to 50%, at times.

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.