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Senior Financial Analyst, Inventory

AutoZone

AutoZone

IT, Accounting & Finance
Memphis, TN, USA · United States
Posted on Oct 10, 2024

Job Description:

The Senior Financial Analyst, Inventory, is part of the Merchandise Accounting organization. This position plays an active role in the preparation and/or review of companywide processes related to the valuation and accuracy of inventory, including risk assessments and process improvements. Key responsibilities include:

· Reconciles distribution centers perpetual inventory accounts to General Ledger, researches and resolves any material variances.

· Responsible for DC cycle count program including weekly reconciliations, journal entries, misc. reporting & travel for audit test counts.

· Review of weekly DC roll forwards and other inventory sourcing reports prepared by the inventory staff accountant.

· Maintain and update processes & SOX documentation.

· Identify issues, research cause for variation and recommend/lead projects to implement and correct process/system gaps that result in non-compliance.

· Complex journal entry preparation that involves data management and strong accounting skills to ensure financial reporting complies with GAAP and company policies.

· Perform balance sheet reconciliations and analyze accounts for compliance with basic and complex accounting and valuation concepts.

· Backup, as needed, for reconciliation of weekly Chain-wide Average Cost systematic entries to the Mainframe to proactively catch potential errors/inconsistencies in the General Ledger.

· Backup, as needed, for review and reporting on manual inventory revaluations and store order pack changes including analyzing P&L accounts for proper accounting treatment.

· Partner with Loss Prevention, Merchandising and Supply Chain teams to monitor shrink results (DC), improve processes and evaluate value of merchandise.

· Partners with IT on resolving and monitoring various open items.

· Provide guidance to Mexico and Brazil inventory teams as needed. (travel)

· Accommodate internal and external audit requests.

· Other key responsibilities as identified.

Requirements:

· Bachelor’s degree in Accounting, with a minimum of 3-5 years related experience

· MBA and CPA preferred

· Strong research, analytical and problem solving skills

· Advanced excel as well as experience with SQL and SAS is preferred

· Strong procedure development and implementation skills, and demonstrated process improvement ability

· Ability to manage competing priorities and meet constant deadlines.

· Ability to generate bold, creative ideas to improve processes and performance

· Excellent Communication Skills (Written & Verbal).

· Ability to succeed in a team environment

· Excellent organization skills

Benefits at AutoZone

AutoZone cares about people. That’s why AutoZone offers thoughtful benefits programs with one-on-one benefit guidance designed to improve AutoZoners’ physical, mental and financial wellbeing.

Some of these benefits include:

• Competitive pay and paid time off

• Unrivaled company culture

• Medical, dental, vision, life, and short- and long-term disability insurance options

• Health Savings and Flexible Spending Accounts with wellness rewards

• Exclusive Discounts and Perks, including AutoZone In-store discount

• 401(k) with Company match and Stock Purchase Plan

• AutoZoners Living Well Program for mental and physical health

• Opportunities for career growth and tuition reimbursement

Eligibility and waiting period requirements may apply; benefits for Autozoners in Puerto Rico, Hawaii or the U.S. Virgin Islands may differ. Learn more about all that AutoZone has to offer at careers.autozone.com