Sr Accountant - Fixed Asset Accounting

Role & responsibilities

Daily Activities

• Perform and review the month-end and year-end closing processes for accounting, ensuring accuracy and completeness of financial statements.
• Prepare, review, and analyze account reconciliations, journal entries.
• Ensure all financial reports are accurate, timely, and in compliance with GAAP and internal company policies.
• Investigate discrepancies and resolve accounting issues related to operations.
• Review invoices and ensure timely payment.
• Interact with vendors and manage the relationship effectively.
• Process Improvement & Compliance: Identify opportunities for streamlining accounting processes and implementing best practices.
• Ensure compliance with internal controls, company policies, and industry standards.
• Coordinate with internal and external auditors for periodic reviews and audits.
• Team Collaboration & Projects: Provide guidance and support to junior team members, assisting in their professional development by being a positive influence.
• Collaborate with cross-functional teams across accounting to align financial practices with operations.
• Lead or assist with special projects, system upgrades, and ad-hoc analysis as needed

Specific Responsibilities:

• Work in a team environment including assisting business partners and team members in the timely processing of financial activities that require the application of technical accounting knowledge specific to capital assets.
• Understands and communicates capital versus expense guidance to various business areas and provides oversight of these decisions within the capital asset team.
• Manages and often performs moderately complex analysis (i.e., historical, forecasting, impact, etc.) and timely reconciliations to support monthly, quarterly, and annual closing cycles according to prescribed rates, laws, and regulations
• Research financial transactions related to their areas of responsibility to identify issues and determine appropriate resolution independently.
• Executes special projects related to the resolution of complex accounting transactions
• Ensures appropriate supporting documents, provisions, and other details for journal entries are maintained and provided to appropriate stakeholders.
• Prepare and communicate variance explanations for monthly, quarterly, and annual analysis
• Partners with team and the business to identify transaction issues and process improvement opportunities to support the needs of the Finance organization more effectively.
• Works with internal and external auditors to provide required data and information.
• Designs and oversees testing around financial controls to support SOX compliance for respective financial area.
• Manages small projects/initiatives and/or participates in broader projects, working with and directing teams within a finance function to deliver the best solutions to financial issues.

Preferred candidate profile

• Minimum of 68 years of experience in accounting, including at least 3 years in retail accounting or a related role.
• Strong knowledge of GAAP and core accounting principles.
• Proficiency in accounting software (e.g., OpenText, PeopleSoft/Oracle, Mainframe, POS Systems) and advanced MS Excel skills (pivot tables, VLOOKUPs, formulas, etc.).
• Hands-on experience with ERP systems and financial reporting tools.
• Prior experience in supervising junior staff, with the ability to provide training and guidance.
• Retail industry experience is preferred but not mandatory.