[Remote] Senior Analyst, Inventory Variance
Note: The job is a remote job and is open to candidates in USA. NAPA Auto Parts is part of USA GPC Genuine Parts Company, and they are seeking a Senior Analyst, Inventory Variance. This position is critical for ensuring the accuracy and integrity of inventory valuation across NAPA stores, involving detailed investigations of variances and significant financial adjustments.
Responsibilities
- Investigate and analyze discrepancies between book inventory and financial inventory values to identify root causes of variances
- Perform detailed financial reviews and data reconciliations to validate the accuracy of inventory records
- Collaborate with inventory management, finance, and store operations teams to resolve discrepancies and implement corrective actions
- Evaluate the impact of inventory adjustments on financial statements, ensuring compliance with accounting policies and GAAP
- Monitor inventory valuation trends and assist in the development of tools and reports to proactively detect variances
- Support the preparation of audit documentation and respond to internal and external audit inquiries related to inventory balances
- Assist in designing and enhancing controls and procedures to mitigate risk related to inventory valuation and reporting
- Communicate findings and recommendations clearly to finance leadership and other stakeholders, highlighting potential financial impacts
Skills
- High school degree required with 5-7 years of work experience
- Strong analytical and problem-solving skills with attention to detail
- Proficient in Excel, data analysis tools, and ERP/inventory management systems
- Ability to handle large volumes of data and complex financial adjustments accurately
- Strong communication skills and ability to work cross-functionally
- Knowledge of inventory valuation methods and accounting principles (GAAP)
- Experience with inventory accounting, financial reconciliation, or variance analysis
Company Overview
