[Remote] Senior Analyst, Inventory Variance

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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

  • Napa Auto Parts specializes in the sale of auto parts and related products. It was founded in 1926, and is headquartered in Quebec, Quebec, CAN, with a workforce of 10001+ employees. Its website is

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