Fixed Asset Accountant

Job Description

Accountant – Fixed Assets | Michaels Stores

The Tone:
This is a full-time role at Michaels Stores, located in Irving, TX at the Support Center. Michaels is a leading destination for creating and celebrating in North America, operating over 1,300 stores in 49 states and Canada, as well as online. Founded in 1973 and headquartered in Irving, Michaels also owns Artistree, a custom framing manufacturer. This position is vital for supporting the data integrity of the fixed asset sub-ledger, preparing essential financial work papers for various stakeholders, and upholding existing controls and policies to ensure accurate financial statements and maintain Sarbanes-Oxley compliance.

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

• Team: Reports to Senior Accountant – FA Supervisor
• Mission: Ensure the data integrity of the fixed asset sub-ledger, prepare statistical and analytical work papers, and maintain adherence to financial controls, policies, and Sarbanes-Oxley compliance for accurate financial statements.
• Tech Stack: Excel, Oracle Projects module, Oracle Fixed Asset Module, Oracle Financials

What You’ll Actually Do
• Sub-ledger Data Integrity: Support the Senior Accountant by ensuring the data integrity of the fixed asset sub-ledger through proactive communication with business partners and detailed analysis of capital projects.
• Financial Statement Preparation: Prepare comprehensive statistical and analytical work papers for internal and external parties, including Corporate Tax schedules, audit schedules, monthly variance schedules, and roll-forwards.
• Capital Expenditure Management: Collaborate with the IT group to accurately capitalize project expenditures upon completion, review the coding of capital expenditure invoices, and assist in processing during high volume periods.
• Account Reconciliation & Analysis: Reconcile and analyze various Capital Projects, actively research discrepancies, reconcile assigned balance sheet accounts, analyze increases/decreases in asset levels, and perform monthly journal entries including accruals, re-classes, and adjustments.
• Compliance & Process Improvement: Ensure the maintenance of and adherence to existing controls, policies, and procedures for accurate and complete financial statements and Sarbanes-Oxley compliance, while also seeking process improvements that increase efficiency and accuracy.

The Must-Haves
• Background: Bachelor’s degree in accounting, with exposure to U.S. GAAP and SOX.
• Experience: 0 to 2 years of accounting experience.
• Skills: Proficient in Excel.
• Bonus: Master of Accountancy, CPA or CMA preferred, and experience with Oracle Financials or other large ERP desired.