What are the responsibilities and job description for the Sr. Financial Analyst position at Advance Auto Parts, Inc.?
Sr. Financial Analyst
4200 Six Forks Rd, Raleigh, NC 27609, United States of AmericaLocation Raleigh, North CarolinaCategory FinanceJob Type Full timeJob Id R-0562052 Advance Stores Company Inc (500)
AI Summary
The Senior Financial Analyst will lead capital planning and financial management of investments within the Corporate FP&A team. This role requires strong financial analysis skills and the ability to develop robust business cases. Candidates should have a bachelor's degree in Finance or related fields, with an MBA, CPA, or CFA preferred. Responsibilities include leading business case processes, forecasting, and cross-functional collaboration.
Job Description
We are seeking a highly motivated and analytical Sr. FP&A Analyst to lead enterprise-wide capital planning within the Corporate FP&A team. This role is responsible for supporting the prioritization, approval, and financial management of capital investments to ensure alignment with strategic priorities and realization of expected financial returns.
The Sr. FP&A Analyst will support the full capital lifecycle, including business case development, investment prioritization and approval through the Capital Investment Committee (CIC), depreciation forecasting, and post-investment performance analysis.
The ideal candidate brings strong financial analysis skills and the ability to translate complex business initiatives into robust business cases. This role will also play a key part in strengthening forecast accuracy, standardized capital reporting, and enabling effective cross-functional collaboration with business partners across the organization.
ESSENTIAL DUTIES AND RESPONSIBILITIES may include, but are not limited to the following. Other duties may be:
Capital Approval Process:
Lead business partners through the full business case process, ensuring rigorous financial analysis, clear articulation of benefits, and alignment with strategy
Review pro-form business cases for completeness, investment assumptions, financial accuracy, and alignment with capital allocation criteria
Prepare and consolidate presentations and summaries for the Capital Investment Committee (CIC) and support decision-making discussions
Maintain accurate approval records, documentation, investment tracking, and system entries in Oracle or other capital tracking systems
Coordinate project setup documentation in Oracle and ensure accurate submission to accounting
Capital Forecasting & Reporting:
Own capital and depreciation forecasting for all reporting cycles including periodic, quarterly, annual and Board of Directors presentations
Track actual capital spend variances versus forecasts, partner with business teams to validate forecast updates and drivers
Maintain key project details such as capital type, depreciation timing, ownership, and financial metrics (Revenue, OI, NPV, IRR%)
Collaborate with Power BI and analytics team to ensure data consistency between dashboard, forecasts, and source systems
Manage depreciation forecasting including capital schedules, timing, and financial impacts
QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below 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.
Bachelor’s degree in Finance, Accounting, Economics, or related field. MBA, CPA, or CFA preferred.
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