Advance Auto Parts India (India Innovation Center) · 1 hour ago
Sr. Accounting Analyst, Vendor Incentives
Raleigh, NC
Full-time
Hybrid
Senior Level
5+ years expAdvance Auto Parts is seeking a dynamic Senior Analyst, Vendor Incentives to support their Vendor Incentives team based in the US and India. The ideal candidate will have extensive experience in analyzing contractual incentive programs for Vendors and will be responsible for ensuring accurate and timely recording and analysis of financial reporting in compliance with U.S. GAAP accounting principles.
Retail
Responsibilities
Prepare vendor incentive income calculations, analysis and period end journal entries to ensure the general ledger accurately reflects income recognition and vendor receivables
Perform analytical reviews and interpretation of financial data and provide understandable explanations to non-financial business partners
Prepare and maintain schedules and supporting documentation needed for management, internal/external reporting
Prepare and monitor vendor purchases to determine status of reaching volume thresholds as required in contracts
Periodically review contracts to ensure most recent terms are being used in calculations
Collaborate with cross-functional teams including Merchant, AP, Finance, Operations, IT
Assist in period, quarter, and year-end close processes/audits
Assist with resolving vendor questions/disputes
Lead continuous improvement initiatives to streamline accounting processes and enhance financial controls
Ad hoc projects, as necessary
Qualification
Required
Extensive experience in analyzing contractual incentive programs for Vendors or other key constituents
Ensuring accurate and timely recording and associated analysis of periodic activities as well as financial reporting in compliance with U.S. GAAP accounting principles and company policies
Prepare vendor incentive income calculations, analysis and period end journal entries to ensure the general ledger accurately reflects income recognition and vendor receivables
Perform analytical reviews and interpretation of financial data and provide understandable explanations to non-financial business partners
Prepare and maintain schedules and supporting documentation needed for management, internal/external reporting
Prepare and monitor vendor purchases to determine status of reaching volume thresholds as required in contracts
Periodically review contracts to ensure most recent terms are being used in calculations
Collaborate with cross-functional teams including Merchant, AP, Finance, Operations, IT
Assist in period, quarter, and year-end close processes/audits
Assist with resolving vendor questions/disputes
Lead continuous improvement initiatives to streamline accounting processes and enhance financial controls
Ad hoc projects, as necessary
Solid understanding of US GAAP and other accounting principles
Advanced Microsoft office suite skills
Team player who also works well independently
Strong analytical, organizational, conflict solving and negotiation skills
Extraordinary interpersonal skills to work in conjunction with other departments, vendors, and internal/external customers
Familiarity with accounting software such as Oracle Cloud ERP, ReconNet, Blackline, and/or AS400
Must be able to analyze data, draw conclusions, interpret results, and make recommendations with respect to incentive calculations
Must be able to communicate effectively in both an oral and written manner
Bachelor's degree in Accounting, Finance, and/or Business
5+ years experience ideally analyzing and recording incentives from key constituents, ideally Vendors
Preferred
Master's degree
Company
Advance Auto Parts India (India Innovation Center)
Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers.
501-1000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase