Sr. Manager, Financial Accounting

CarMax; Kennesaw (GA); On-site; USD 113,000 - 181,000; Full time

Benefits offered by this job

Bonus potential

Equity

Job summary

CarMax Auto Finance in Kennesaw, GA is seeking a Sr. Manager of Accounting to oversee cyclical accounting processes, including general ledger closings, journal entries, and reconciliations, with responsibility for SEC filings and earnings releases.

You will lead the CAF Financial Accounting Team, collaborate with Home Office Accounting, Treasury, Loss Forecasting, and other CAF departments to provide accounting and data support, and drive SOX 404 testing and audits, while continuously improving

Qualifications

• CPA is required.
• Bachelor’s degree in Accounting and/or Finance is required.
• Five years of general accounting experience in public or corporate accounting; SEC experience preferred.
• Three+ years of experience leading teams; supervising direct reports.
• Knowledge of accounting principles and financial reporting systems.

Responsibilities

• Oversee cyclical accounting processes including general ledger close, journal entries, and balance sheet reconciliations.
• Review work by CAF Financial Accounting Team, including entries, reconciliations, and quarterly analyses.
• Partner with Home Office Accounting, Treasury/External Vendor relationships, Loss Forecasting and CAF departments to provide accounting support.
• Lead external audit processes and SOX 404 testing; maintain financial reporting documentation.
• Analyze data to identify trends and drive improvements; lead special projects and meetings.

Skills

CPA

Leadership

Analytical skills

Accounting knowledge

SEC reporting familiarity

Education

Bachelor’s degree in Accounting/Finance

Job description

CarMax didn’t become the nation’s largest used car retailer overnight. It took years of controls, self-regulating, and discipline when it came to managing customer and company funds. The Accounting team plays a critical role in this endeavour. As a Sr. Manager, you will serve as CarMax Auto Finance’s steadfast resource for all recurring accounting processes, having an intimate expertise with various company financial systems. You’ll support the business by proactively and independently seeking opportunities for improvement – conceptualizing the “big picture” while maintaining keen attention to detail. A candidate for this role will have strong analytical, quantitative, and problem-solving skills and be effective and efficient in prioritizing and time management.

What you’ll do

• Have effective oversight of cyclical accounting processes, including but not limited to, general ledger closing procedures, preparing/recording journal entries and balance sheet account reconciliations, financial statement analysis and compiling financial reporting and footnote support for inclusion in SEC filings and earnings releases.
• Review work completed by the CAF Financial Accounting Team, which includes journal entries, reconciliations, and quarterly analysis documents.
• Partner with and be the primary resource for Home Office Accounting, Treasury/External Vendor Relationship, Loss Forecasting, and various other CAF departments to provide accounting and data support as
• Lead all external audit processes, including preparation of client-prepared schedules for quarterly reviews, annual audit and SOX 404 testing, and maintenance of financial reporting process documentation.
• Analyze data to identify and interpret trends; make recommendations for improvements to the necessary business areas.
• Participate in and/or lead special projects (e.g. implementation/maintenance of new accounting standards and/or systems) and meetings.
• Select, lead, manage and engage a team of salaried associates who perform the accounting, reconciliation and reporting functions.

Qualifications and requirements

• CPA required
• Bachelor’s degree in Accounting and/or Finance required
• Five years of general accounting experience in public accounting and/or corporate accounting or financial reporting. Exposure to SEC reporting requirements and previous experience preparing and/or analyzing financial statements preferred.
• Three or more years of experience leading teams to achieve common goals, including supervising direct reports.
• Intermediate to advanced knowledge of accounting principles and theories; including financial statements, financial systems, payment processing, etc.

Work Location and Arrangement:

This role will be based out of the CarMax Auto Finance office (Kennesaw, GA). Associates will work onsite 4 days per week.

Work Authorization:

Applicants must be currently authorized to work in the United States on a full-time basis. Sponsorship will not be considered for this specific role.

About CarMax

CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 250 locations nationwide.

Our amazing team of more than 30,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community. We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For.

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.

The annual salary for this position is:

$112,800.00 - $180,500.00

May be eligible for bonus and equity.

Except as otherwise required by state law, CarMax Associates are entitled to the following paid sick, vacation, and holiday time.

Associates that are considered full-time hourly or commission/incentive eligible:

• To earn up to 48 hours of sick time per year accrued on a per pay period basis and between 80 hours and 200 hours per year of vacation time after a 90 day waiting period depending on years of continuous service with the Company.
• For 8 hours of pay for each of a total of 6 paid scheduled holidays per year plus 1 floating holiday. If such an Associate does work on a scheduled holiday due to business need, they are eligible for Holiday Premium Pay.

Associates considered full-time salaried are entitled to paid time away with no specified limit as needed for sick, vacation, bereavement, jury duty, holidays, floating holiday, etc. subject to manager approval.

For more details about benefits, please visit our CarMax Benefits website.

Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.