Fixed Asset (FA) Accountant

Job Description

Accountant – Fixed Assets | Michaels Stores

The Tone:
This role is at Michaels Stores, located in Irving, TX. As the leading destination for creating and celebrating in North America, Michaels operates over 1,300 stores and an online presence, providing craft and celebration supplies. This position is crucial for maintaining the financial integrity of the company’s fixed assets, ensuring accurate financial reporting, and sustaining Sarbanes-Oxley compliance. The Accountant will support the Senior Accountant – FA Supervisor in critical financial operations.

The TL;DR
• Role: Early Career
• Location: In-person, Irving, TX

• Team: Reports to the Senior Accountant – FA Supervisor
• Mission: This person is responsible for ensuring the data integrity of the fixed asset sub-ledger and adherence to financial controls and policies.
• Tech Stack: Oracle Projects module, Oracle Fixed Asset Module, Excel

What You’ll Actually Do
• Reconciliation & Analysis: Reconcile and analyze various Capital Projects, actively researching discrepancies and changes in asset levels to ensure sub-ledger data integrity.
• Reporting & Compliance: Prepare comprehensive analytical work papers for corporate tax schedules, audit schedules, and monthly variance schedules, supporting Sarbanes-Oxley compliance.
• Capitalization & Processing: Collaborate with the IT group to accurately capitalize project expenditures upon completion and review the coding of capital expenditure invoices.
• Journal Entries & Research: Perform monthly journal entries, including accruals, re-classes, and adjustments, and actively research and resolve FA Clearing Account balances.
• Process Improvement: Seek out and implement process improvements or controls that increase efficiency and improve the accuracy of fixed asset accounting procedures.

The Must-Haves
• Background: Bachelor’s or Master’s Degree in Accounting
• Experience: 0 to 5 years of accounting experience, with exposure to U.S. GAAP and SOX.
• Skills: Proficient in Excel.
• Bonus: CPA or CMA preferred, and experience with Oracle Financials or other large ERP desired.