Manager, Fixed Assets

Advance Stores - Raleigh, NC

Full-time - Mid Level

Hybrid - Raleigh, NC

10,001+ employees

Motor Vehicle and Parts Dealers

About the position

Advance Auto Parts, Inc. is seeking an experienced Accounting Manager to oversee the accounting for fixed assets as part of the finance leadership team. This role is crucial in ensuring the accurate and timely recording, tracking, and reporting of fixed asset transactions. The Accounting Manager will develop and maintain policies and procedures related to fixed assets accounting, monitor and review fixed asset registers, and reconcile general ledger accounts. This position will also involve coordinating physical audits and reconciling physical assets with accounting records. The successful candidate will collaborate with cross-functional teams to review capital projects, ensuring timely and proper capitalization of assets, and will analyze and report on asset depreciation, impairment, transfers, and useful life. Additionally, the Accounting Manager will coordinate with internal and external auditors for fixed asset audits and provide guidance and support to accounting staff on fixed asset accounting principles. The role requires research and implementation of best practices for fixed asset management, and the candidate should be comfortable working in a hybrid environment, consisting of three days in the office. The Accounting Manager will supervise 2-3 accounting team members, fostering a collaborative work environment.

Responsibilities

• Oversee the accounting and management of fixed assets for Advance Auto Parts
• Ensure accurate and timely recording, tracking, and reporting of fixed asset transactions
• Develop and maintain policies and procedures related to fixed assets accounting
• Monitor and review fixed asset registers and reconciliation of general ledger accounts
• Coordinate physical audits and reconcile physical assets with accounting records
• Collaborate with cross-functional teams to review capital projects to ensure timely and proper capitalization of assets
• Analyze and report on asset depreciation, impairment, transfers and useful life
• Coordinate with internal and external auditors for fixed asset audits
• Provide guidance and support to accounting staff on fixed asset accounting principles
• Research and implement best practices for fixed asset management
• Supervise 2-3 accounting team members.

Requirements

• Bachelor's degree in Accounting, Finance, or related field
• CPA or CMA certification preferred
• Minimum of 5 years of experience in fixed asset accounting or related field
• Minimum of 2 years leading a team
• Strong knowledge of GAAP accounting principles and regulations
• Proficiency in using Oracle or similar ERP software as well as Microsoft Excel
• Excellent analytical and problem-solving skills
• Strong attention to detail and accuracy
• Effective communication and interpersonal skills
• Collaborative and comfortable working in and leading cross-functional teams
• Ability to manage projects and meet deadlines
• Experience with a multiple store retail company or in the automotive sector is a plus

Nice-to-haves

• Experience with a multiple store retail company
• Experience in the automotive sector