Sr Accountant - Lease Accounting

Michaels • United States, United States • 4h ago

Support Center - Irving

The Sr Accountant - Lease Accounting is responsible for the accounting, reconciliation, and reporting processes for the company's leased real estate. This role plays a pivotal part in financial close cycles, audit readiness, and regulatory filings. This role requires collaboration across HR, Finance, and Internal Audit to ensure completeness, accuracy, and compliance within a high-performance accounting function.

Major Activities

Prepare and record journal entries related to leases.

Reconcile lease accounts, accruals, and clearing accounts monthly.

Ensure GAAP-compliant accounting of leases.

Analyze new and amended lease agreements for appropriate accounting treatment.

Prepare and analyze monthly financial schedules for presentation at monthly business partner reviews.

Prepare quarterly and annual audit schedules in support of public disclosures. Work with external auditors to ensure successful audits.

Partner with the Financial Reporting Team to research and recommend changes in accounting for new literature related to US GAAP, SOX, or SEC compliance.

Monitor and evaluate internal controls.

Evaluate and enhance accounting processes for efficiency and compliance.

Coaches staff, evaluates staff performance and effectively recommends other personnel decisions.

Trains and develops staff to be best-in-class high performers,

Other duties as assigned

Minimum Education

Bachelor's Degree in Accounting

Minimum Special Certifications or technical skills

Strong accounting (GAAP) skills

Proficiency in MS Excel Minimum Type of experience the job requires

5+ years of general accounting experience,

Preferred Education

MBA and/or CPA, CMA

Preferred Special Certifications or technical skills

Proficiency in Oracle ERP and CoStar or other lease accounting system.

Preferred Type of experience the job requires

3+ years of general accounting experience in retail including specific exposure to lease accounting.

2+ years of Supervisory experience

Experience with SEC reporting requirements

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 . As the leading creative destination in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com (http://www.michaels.com./) and Michaels.ca . The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and MakerPlace by Michaels (https://www.michaels.com/makerplace) , a dedicated handmade goods marketplace. 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

At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, 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).

EEOC Know Your Rights Poster in English (https://www.eeoc.gov/sites/default/files/2022-10/22-088\EEOC\KnowYourRights\10\20.pdf)

EEOC Know Your Rights Poster in Spanish

EEOC Poster Optimized for Screen Readers (https://www.eeoc.gov/sites/default/files/2022-10/EEOC\KnowYourRights\screen\reader\10_20.pdf)

Federal FMLA Poster

Federal EPPAC Poster (https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf)

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