Accountant - Fixed Assets

Michaels Stores; Irving (TX); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

401k match

Employee assistance

Medical insurance

Dental insurance

Vision coverage

Telemedicine

FSAs

Commuter benefits

Tuition assistance

Adoption assistance

Voluntary insurance

Employee discounts

Partner discounts

Job summary

The Michaels Companies Inc. seeks a Fixed Asset (FA) Accountant in Irving, TX to support the Senior Accountant – FA Supervisor and ensure data integrity of the sub-ledger.

You will prepare work papers, maintain controls, and sustain Sarbanes-Oxley compliance while collaborating with IT and business partners. Ideal candidates have 0–2 years in accounting, a Bachelor's in accounting, strong Excel skills, and a willingness to work in a fast-paced retail environment.

Qualifications

• Bachelor's degree in accounting required.
• Exposure to U.S. GAAP and SOX.
• Proficient in Excel.
• 0–2 years of accounting experience.
• CPA or CMA preferred.

Responsibilities

• Proactively communicate with internal and external business partners.
• Collaborate with IT to capitalize project expenditures upon completion.
• Reconcile and analyze Capital Projects; investigate discrepancies.
• Prepare analytical work papers including Corporate Tax schedules and audit schedules.
• Perform monthly journal entries (accruals, re-classes, adjustments).
• Reconcile balance sheet accounts and asset levels.
• Review capital expenditure invoices and batches during high volume periods.
• Research and resolve FA Clearing Account balances.
• Assist in testing Oracle Projects and Oracle Fixed Asset modules.
• Support SOX compliance and internal controls.

Skills

Excel proficiency

Analytical skills

Education

Bachelor's degree in accounting

Master of Accountancy

CPA or CMA preferred

Tools

Oracle Financials

Job description

The Fixed Asset (FA) Accountant supports the Senior Accountant – FA Supervisor in ensuring the data integrity of the sub-ledger. The FA Accountant also prepares statistical and analytical work papers for internal and external parties. This position ensures the maintenance of, and adherence to, existing controls, policies, and procedures for accurate and complete financial statements and the sustainment of our Sarbanes-Oxley compliance.

Major Activities

• Proactively communicate with internal and external business partners.
• Collaborate with contacts in IT group to accurately capitalize project expenditures upon completion.
• Reconcile and analyze various Capital Projects and actively research discrepancies.
• Prepare analytical work papers including Corporate Tax schedules, audit schedules, monthly variance schedules, and roll-forwards.
• Seek out process improvements and/or controls that increase efficiency and improve accuracy.
• Answer store financial questions for assigned districts.
• Perform analysis on asset base and coordinate with business partners on the transfer/retirement of assets.
• Review the coding of capital expenditure invoices and transfer/retirement batches and assist in the processing of invoices during high volume periods.
• Reconcile assigned balance sheet accounts; analyze increases/decreases in asset levels.
• Perform monthly journal entries including accruals, re-classes, and adjustments.
• Research and resolve FA Clearing Account balances.
• Special projects as assigned, including testing of the Oracle Projects module and Oracle Fixed Asset Module.
• Other duties as assigned.
• Bachelor's degree in accounting

Preferred Education

• Master of Accountancy

Minimum Special Certifications or technical skills

• Proficient in Excel

Minimum Type of experience the job requires

• 0 to 2 years of accounting experience
• Exposure to U.S. GAAP and SOX

Preferred Special Certifications or technical skills

• CPA or CMA preferred

Preferred Type of experience the job requires

• Experience with Oracle Financials or other large ERP desired

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration. As the leading destination for creating and celebrating in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit www.michaels.com.

Michaels offers a range of benefits to support team members and their families. Depending on position and eligibility, team members may have access to a 401(k) with employer match, an Employee Assistance Program, medical, dental, and vision coverage, telemedicine services, flexible spending accounts, commuter benefits, tuition assistance, adoption assistance, and various voluntary insurance options. All team members enjoy everyday perks such as employee discounts and access to partner discount programs. For a summary of benefits, visit the Michaels Benefits at a Glance page. For additional information regarding benefits, visit MIKBenefits.com

Michaels is an Equal Opportunity Employer. We are here for all Team Members and all customers to create, innovate and be better together.

Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).

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