Advance Stores - Raleigh, NC

posted 3 months ago

Full-time - Mid Level
Hybrid - Raleigh, NC
251-500 employees
Motor Vehicle and Parts Dealers

About the position

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of April 2024, Advance operated 4,777 stores and 320 Worldpac branches primarily within the United States, with additional locations in Canada, Puerto Rico, and the U.S. Virgin Islands. The company also serves 1,152 independently owned CarQuest branded stores across these locations, as well as in Mexico and various Caribbean islands. The Accounting Manager for Fixed Assets will be a key member of the finance leadership team, responsible for overseeing the accounting for fixed assets. This role will report directly to the Director of General Accounting and will be based at the company headquarters in Raleigh, NC, in a hybrid work environment that requires three days in the office. The successful candidate will ensure accurate and timely recording, tracking, and reporting of fixed asset transactions, while developing and maintaining policies and procedures related to fixed asset accounting. In this position, the Accounting Manager will monitor and review fixed asset registers and reconcile general ledger accounts, coordinate physical audits, and reconcile physical assets with accounting records. The role also involves collaborating with cross-functional teams to review capital projects, analyzing and reporting on asset depreciation, impairment, transfers, and useful life, and coordinating with internal and external auditors for fixed asset audits. The manager will provide guidance and support to accounting staff on fixed asset accounting principles and will be responsible for researching and implementing best practices for fixed asset management. Additionally, the manager will supervise 2-3 accounting team members, ensuring effective communication and collaboration within the team.

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 with a 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 or in the automotive sector is a plus
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