The Supervisor Fixed Assets and Lease Accounting will be responsible for the timely and accurate recording and reporting as well as the reconciliations of the Fixed Assets and Lease Accounting accounts. The individual will also assist with special projects and financial reporting as well as ensure compliance with GAAP and Sarbanes Oxley requirements. They will implement process improvements in leading the team to industry best practices.
Duties and Responsibilities
Responsible for entire accounting and reporting process over fixed asset and lease for over 350 stores and real estate properties.
Manage, develop and mentor team of staff of accountants in Fixed Assets and Lease Accounting – including offshore resources with outside service provider.
Review and approve journal entries for applicable functions.
Review and approve applicable account reconciliations and audit schedules, as well as prepare other account analysis as needed.
Ensure the fixed asset sub-ledger is accurate through communication with other departments and timely reporting of additions, retirements and transfers.
Review all aspects of occupancy cost (Rent, CAM, Insurance, etc.) to make sure they are being recorded correctly
Interact with business and operations to make sure all need information is captured and help them understand how their capital spend is recorded.
Assist in implementation of new lease accounting standard, including the implementation of a new lease administration and accounting system. After implementation on the new standard, ensure that appropriate processes are in place to capture all future leases.
Develops, implements and maintains systems, procedures and policies to ensure adherence with internal controls as well as external accounting standards. Review and approve required financial statement report to management, government agencies and auditors.
Responsible for continuous improvements through recommending and implementing efficient and effective processes.
Other special projects and assignments as required.
Abide by the Code of Business Conduct and Ethics Policy.
Skills and Requirements
BA/BS Degree in Accounting or equivalent.
At least 2 to 5 years of experience managing a staff of 2 or more in an accounting environment within medium to large size organizations (annual revenue of 100 million+); multi-unit, multi-state company. Ability to lead and motivate associates.
Strong knowledge of generally accepted accounting principles.
Ability to work independently and handle multiple tasks. Must be able to work well in a changing and fast-paced environment.
Sense of ownership and must be proactive.
Excellent written and verbal communication skills.
Strong analytical and problem-solving skills.
Proficient knowledge of Excel, Word and Outlook including Pivot Tables and V-Lookups.