What are the responsibilities and job description for the Sr. Manager, Corporate Strategy & Development position at Advance Auto Parts?
Job Description
SUMMARY
We are seeking a dynamic and results-oriented Corporate Strategy, Sr. Manager to join our team at Advance Auto Parts. The primary purpose of the role is to support the development and execution of the company’s growth and performance improvement strategy. In this role, the person will work closely with senior leaders to define our corporate strategy and develop multi-year plans and initiatives to realize our strategic and financial ambition. This position offers the opportunity to be involved in high-impact projects across multiple areas, including mergers & acquisitions (M&A), market expansion, competitive analysis, and long-term corporate strategy. This is a high visibility role, with frequent exposure to executives across the enterprise, including the CEO.
RESPONSIBILITIES
Strategy development:
Use problem-solving skillset to assist in the creation of multi-year strategic plans to support corporate objectives and growth. Collaborate with senior leadership and cross-functional teams to identify and evaluate new opportunities and develop strategic initiatives as part of our strategic business planning process.
Corporate Development:
Lead or support due diligence, financial analysis, and integration activities for mergers, acquisitions, partnerships, and other strategic investments. Work with internal teams to define strategic rationale in alignment with overall corporate strategy. Evaluate potential targets, create investment memo, develop valuation models, and present recommendations to executive leaders and business owners.
Market and Competitive Analysis:
Independently conduct in-depth market research and competitive intelligence and effectively synthesize to build a common understanding of our environment and provide actionable insights and recommendations. Analyze industry trends, macroeconomic environment, customer behavior, and competitor strategies to help shape strategic decision-making.
Cross-functional collaboration:
Build support and buy-in necessary for the successful execution of our strategic priorities. Partner with Transformation team and business leaders in support of strategic initiatives to ensure alignment to and delivery of strategic priorities. Maintain comprehensive understanding of the enterprise and functional areas.
QUALIFICATIONS
- Bachelor’s degree in Business Administration, Finance, Economics, or other relevant fields. MBA or relevant graduate degree preferred
- 6 years of experience in corporate strategy, corporate development, management consulting, investment banking or related field, ideally within a retail or consumer-focused organization
- Exceptional analytical, problem-solving, and strategic thinking ability, including the ability to frame ambiguous problems, structure analyses to test hypotheses, and formulate specific recommendations for action
- Strong written and presentation skills to facilitate decision making and drive action
- Strong interpersonal skills with the ability to develop and manage relationships with cross-functional stakeholders
- Strong understanding of corporate finance, financial modelling, and valuation techniques
- Ability to build and maintain financial models to evaluate potential business opportunities, including investments, acquisitions, and joint ventures
- Knowledge of retail, distribution, and / or automotive aftermarket industry
- Proficiency in Microsoft Office Suite, especially Excel and PowerPoint. Familiarity with data analysis tools (SQL) is a plus.
POSITION
Senior Manager, reporting to Senior Director of Strategy.
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