Full-Time
Accounting Manager
Vendor Incentives
Advance Auto Parts
10,001+ employees
Automotive aftermarket parts provider
No salary listed
Senior
Raleigh, NC, USA
- Solid understanding of US GAAP and experience with SOX compliance
- Strong analytical skills with the ability to analyze large volumes of financial data and generate meaningful insights
- Ability to document and improve processes and SOPs, strong understanding of Corporate accounting functions
- Strong communication skills and the ability to build rapport quickly – directly working with the various departments
- Ability to analyze data, draw conclusions, interpret results, and make recommendations with respect to incentive calculations
- Familiarity with accounting software such as Oracle Cloud ERP, Peoplesoft, Blackline, and AS400
- Advance Microsoft Excel and other Office 365 skills
- Bachelor's and/or Masters degree in Accounting
- Minimum of 5+ years of progressive experience with a large publicly traded company, preferably within retail industry
- Experience of Oracle Cloud, other Accounting ERP systems
- Experience of analyzing large volumes of data using Power BI or other tools
- Supervisory experience
- Assist with the supervision/management of the vendor incentives US and India team
- Assist in the coordination of periodic/quarter/year-end close activities
- Review and approve journal entries/account reconciliations within Oracle and/or Blackline
- Review purchase projections to ensure accurate revenue recognition and compare future projections to historical purchase volumes
- Research and resolve the proper accounting treatment for transactions relevant to vendor incentives in accordance with GAAP and established Company policy
- Assist with periodic balance sheet reviews, P/L and balance sheet analytics (actual vs forecast and actuals vs actuals)
- Provide guidance and support during internal and external audits, including ownership of key SOX controls
- Collaborate with cross-functional teams including but not limited to Finance, Merchandising, IT, and Executive Leadership
- Lead continuous improvement initiatives to streamline the vendor incentive processes and enhance financial controls
- Assist with adhoc projects, as needed.
- CPA/CMA Preferred
Advance Auto Parts provides automotive aftermarket parts to both professional mechanics and individual car owners. The company operates nearly 4,800 stores across the United States, Canada, Puerto Rico, and the U.S. Virgin Islands, and also supports over 1,100 independently owned Carquest stores in North America and the Caribbean. Customers can find a wide range of parts, accessories, and services through their physical locations and online platform. What sets Advance Auto Parts apart from its competitors is its extensive network of stores and partnerships, allowing for a broad reach and convenience for customers. The company's goal is to ensure that both professional installers and DIY customers have easy access to the parts and services they need to maintain and repair their vehicles.
Company Size
10,001+
Company Stage
IPO
Headquarters
Raleigh, North Carolina
Founded
1932
Simplify's Take
What believers are saying
- Increased road travel boosts demand for automotive parts and services.
- Strategic cost-cutting measures aim to improve financial stability and reinvest in staff.
- New independent directors may bring fresh strategies to the company's board.
What critics are saying
- Competition from online retailers like Amazon threatens market share.
- Labor shortages may lead to operational challenges and increased costs.
- Shift towards electric vehicles could reduce demand for traditional auto parts.
What makes Advance Auto Parts unique
- Advance Auto Parts offers free curbside services like battery testing and installation.
- Collaboration with Pennzoil and PXG targets both automotive and sports enthusiasts.
- Advance Auto Parts Foundation supports military veterans with significant financial gifts.
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Benefits
Performance Bonus
Company News
Limited-Edition Pennzoil® PXG® Golf Driver Headlines Promotion Running May 29–June 25HOUSTON, May 29, 2025 /PRNewswire/ -- Two brands driven by performance—Pennzoil and PXG—have joined forces for a first-of-its-kind collaboration that bridges the worlds of motorsports and golf. From May 29 to June 25, consumers who purchase a Pennzoil Platinum Full Synthetic bundle at a participating Advance Auto Parts or Carquest retail location, in-store or online, can enter to win a limited-edition Pennzoil® PXG® golf driver*.Experience the full interactive Multichannel News Release here: https://www.multivu.com/pennzoil/9324751-en-pennzoil-pxg-sweepstakes-advance-auto-parts
Advance Auto Parts offers free curbside services including battery testing and installation, wiper blade installation and check engine light scanning, to ensure motorists are ready to roll for their summer road trips. (Photo: Business Wire)Advance Auto Parts offers free curbside services including battery testing and installation, wiper blade installation and check engine light scanning, to ensure motorists are ready to roll for their summer road trips. (Photo: Business Wire)RALEIGH, N.C.--(BUSINESS WIRE)--Americans seem to be hitting a breaking point with air travel, with 67 percent saying they’ve had a trip negatively impacted or ruined because of problems with air travel during the last 12 months,* according to new data from Atomik Research, released today by Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider.From losing precious time – 44 percent citing that delays and other problems traveling by air has cost them vacation time – to safety concerns – 32 percent feeling less safe flying compared to a year ago, Americans are saying “enough!” This summer they’re trading wings for wheels: An astounding 70 percent say they are more likely compared to a year ago to choose traveling by automobile over flying due to the current state of air travel.The “baggage” that comes with air travel continues to stack up and now outweighs the benefit of faster travel time for many Americans, according to the survey. Sixty-six percent say the number of hours they’re willing to drive before choosing to fly has increased in the past 12 months and 24 percent say they would drive 10 or more hours for summer vacation before choosing to fly.Heeding consumers’ preference for summer vacation by automobile, Advance is encouraging travelers to “Check Your Battery, Not Your Bag” so they can achieve what matters most – enjoying their well-deserved summer vacation.Beginning National Road Trip Day this Friday, May 24 through Monday, May 27, participating Advance stores nationwide will surprise randomly selected customers with free Advance gift cards to purchase DieHard® batteries, wiper blades or other road trip essentials, no previous purchase necessary. Complimentary curbside services are available every day throughout the year to customers at all participating Advance stores, including battery checks and installation, wiper blade installation and check engine light scanning.“With all the concern about air travel and more people planning to travel by automobile – including willing to drive longer for their summer vacations – it’s critical they prepare their vehicles, and we want to make that as easy as possible,” said Junior Word, Advance’s executive vice president, U.S. stores
RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, today announced that it has appointed A. Brent Windom, Gregory L. Smith and Thomas W. Seboldt as independent directors to the Advance Auto Parts board, effective immediately. In connection with these appointments, the company has entered into a cooperation agreement with Third Point LLC (together with its affiliates, “Third Point”) and Saddle Point Management, L.P
Customers who visit their local Advance Auto Parts store on National Battery Day, Sunday, February 18, may be randomly selected to receive a free DieHard auto battery. (Photo: Business Wire)Customers who visit their local Advance Auto Parts store on National Battery Day, Sunday, February 18, may be randomly selected to receive a free DieHard auto battery. (Photo: Business Wire)RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider, is jump-starting motorists’ attention to the safety and reliability of their automobiles by giving away free DieHard® batteries on National Battery Day, Sunday, Feb. 18.A new national survey by Atomik Research reveals 91 percent of American motorists say they have experienced a dead battery, but nearly two-thirds (65 percent) of motorists admit they don’t think about having their car battery checked until it’s too late.On National Battery Day, Sunday, Feb. 18, Advance will surprise randomly selected customers with a free DieHard® battery, including those getting their current battery tested, at participating stores nationwide. As part of National Battery Day, Advance is partnering with pro football star quarterback Baker Mayfield to encourage motorists to get their car batteries tested.“Our team of automotive experts are committed to customer care and advancing the needs of today’s motorists, such as offering complimentary curbside battery testing and installation every day, including on National Battery Day, Sunday Feb
RALEIGH, N.C.--(BUSINESS WIRE)--Nonprofit organizations providing employment support for women veterans, custom designed homes for injured veterans and frontline support for veterans at risk for suicide are among the recent recipients of gifts announced by the Advance Auto Parts Foundation (AAPF). Totaling $1.75 million, the gifts were made possible by donations to the foundation by more than 100 Advance Auto Parts supplier partners. This is the second year AAPF has made gifts to Hire Heroes USA of Alpharetta, Ga., Building Homes for Heroes of Island Park, N.Y. and Stop Soldier Suicide based in Durham, N.C., totaling $3.75 million during that time. “The military veteran community is one of the Advance Auto Parts Foundation’s three focus areas, and we are proud to partner with our suppliers to support critical needs within that community,” said Elisabeth Eisleben, president, Advance Auto Parts Foundation. “Our veterans have earned the opportunity for meaningful employment, appropriate housing and mental health care, all of which are fundamental to their wellbeing.”