Senior Accountant (III)

Cumberland Farms; Westborough (MA); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Health benefits

Career development opportunities

Job summary

Cumberland Farms in Westborough, Massachusetts, is seeking a Senior Accountant to join our Finance team. This role involves key accounting activities such as journal entry preparation, reconciliations, and providing mentorship to junior accountants. Candidates should possess a Bachelor's degree in Accounting or Finance and have 3-6 years of financial accounting experience.

Preferred qualifications include retail industry experience and advanced skills in MS Excel. This is an office-based position, typically Monday through Friday with no travel required. Join us in delivering exceptional results!

Qualifications

• 3-6 years of Financial accounting experience.
• Strong practical knowledge of U.S. GAAP or IFRS.
• Experience with Oracle ERP and reporting tools.

Responsibilities

• Prepare and review journal entries and balance sheet account reconciliations.
• Analyze balance sheet account fluctuations period over period.
• Schedule and facilitate regular meetings with internal business owners.

Skills

Financial accounting

Analytical skills

Problem-solving

Communication skills

Education

Bachelor’s Degree

Bachelor’s Degree – Accounting or Finance

Tools

MS Excel

Oracle ERP

Job description

Overview

Are you curious about solving complex business challenges for a leading convenience retailer? Do you have a passion for cross functional collaboration? Then you may be the perfect addition to our team!

Cumberland Farms is one of the fastest-growing convenience retailers in the United States, committed to becoming America’s #1 ‘one-stop’ destination. The business has an established pedigree of delivering excellent fuel, grocery and merchandise, and food service. Headquartered in Westborough, Massachusetts, our Company has grown to over 1,500+ locations across the United States employing over 18,000 team members. You can find us operating under the following store banners: Certified Oil, Cumberland Farms, Fastrac, Kwik Shop, Loaf N Jug, Minit Mart, Sprint Food Stores, Tom Thumb, Turkey Hill, and Quik Stop. Our US headquarters in Westborough, MA is home to our Store Support Center, Company Warehouse, and Culinary Center.

Position Summary

The Senior Accountant will be a key member of the EG America Finance team. This role will be responsible for accounting activities within the designated Finance team. General duties include (but are not limited to) preparation of journal entries and reconciliations, review of journal entries and reconciliations by others, drive specific month end close activities and lead and mentor other team members. Other duties as designated by the supervising manager and may include project related work and data analysis.

Responsibilities

• Prepare and/or review journal entries and balance sheet account reconciliations. Ensure each JE and Reconciliation is accurate and supportable utilizing independent verification. Must obtain and maintain proficient knowledge of the accounts/entries in question and will be the primary liaison between management on all related questions/issues.
• Analyze balance sheet account fluctuations period over period and identify and support root cause of fluctuations.
• Schedule and facilitate regular meetings with internal business owners that impact the responsible accounting areas, understanding any impending changes or potential issues. Must demonstrate thorough knowledge of these accounting areas and communicate this knowledge during meetings.
• Obtain and maintain a thorough understanding of the accounting systems required to complete the activities for this role. Be a subject matter expert on these systems and related processes including acting as the point person for system changes impacting accounting areas.
• Examine and escalate any fraud activities, pro-actively collaborating with other finance and business teams.
• Perform minimal supervision to the more junior level accountants on the team. Acting as a mentor for them in their roles and provide feedback, when required, on those individuals to the team’s Manager.
• Act as the primary accounting point of contact for assigned accounting area during any and all accounting system implementations and upgrades.
• Serve as the primary point of contact for any external audit questions/requests for their assigned accounting areas
• Ad hoc projects as assigned.
• Responsible for proprietary and third-party gift card reconciliation and journal entries. Need to understand the process flow from beginning to end of the transaction (customer purchase to recording and reviewing the remaining liability from our vendor). Review gift card breakage monthly and communicate any issues with any independent reporting.
• Work with facilities and outside vendors with accrual related to store expenses (utilities – electric, water, sewer and gas, and rubbish accruals). Investigate any large variances of these expenses.
• Responsible for the accounting of third-party delivery along vendors (Door Dash, Grub Hub and Uber Eats). Record commissions and marketing fees along with cash reconciliation of payments from the vendors and what was recorded by the stores.

The above responsibilities are to be carried out in accordance with documented company policies and procedures. All of the above will be accomplished collaboratively but will also provide opportunities for independent decision making.

Working Relationships

This position will work closely with all Finance Teams and other key business segments/cross-functional teams such as Marketing, Fuel, IT and Store Operations.

Requirements

Minimum Education: Bachelor’s Degree

Preferred Education: Bachelor’s Degree – Accounting or Finance

Minimum Experience: 3-6 years of Financial accounting experience

Preferred Experience: Retail industry experience, strong practical knowledge of MS Excel and other Microsoft applications; thorough understanding and application of U.S. GAAP or IFRS; experience with Oracle ERP and reporting tools; strong Analytical and problem-solving skills.

Licenses/Certifications: CPA, MBA or master’s in accounting preferred but not required

Soft Skills/Competencies

• Excellent oral and written communication skills
• Strong Presentation Skills
• Ability to foster team work and build collaborative relationships
• Strong interpersonal skills
• Highly organized with an attention for detail
• Ability to work with little to no supervision on routine tasks
• Comfortable in a fast-paced, changing environment
• Ability to work within a team

Other Requirements

Travel: No travel required

Hours & Conditions: Typically Monday – Friday, 8+ hour days in office setting

Physical Requirements: Minimal physical effort required; sitting / standing at computer for long periods of time. Ability to maneuver and lift up to 10 lbs.

Additional Info

At Cumberland Farms, it’s important that our employees reflect the world we live in and the communities we serve. We celebrate our differences, so your unique background and skillset could bring a wonderful new perspective to our team. If you have a passion for delivering exceptional results, thrive in a fast-paced corporate environment, and bring experience in business management or related areas, we'd love to meet you - even if you don\'t meet every single requirement.

Consistent with Massachusetts Pay Transparency Law, we’re sharing the base salary range for this position. Final pay within this range will be based on your skills, experience, and qualifications. Base pay represents just one part of our total rewards approach. We’re proud to offer a variety of financial and non-financial benefits that invest in your overall growth, well-being, and career journey.