Manager, Accounting

Full Time
Irving, TX 75063
Posted
Job description
Overview:
  • Who we are

Imagine working in a place where continuous improvement and innovation is celebrated and rewarded; where fast-paced, high-impact teams come together to positively drive results for one of the largest & most iconic brands in the world.


As the only rapidly growing retailer, you may know us as your friendly neighborhood store. You probably know our familiar name, have seen our pervasive logo, and have tried our highly sought-after products, such as Slurpee® and Big Bite®. “Brain Freeze” is a 7-Eleven registered trademark for our 53-year old Slurpee® and with over 77,000 stores globally (more than any other retailer or food service provider), we sell over 14 million a month.


But there’s a lot more to our story and much more left to be written. We are transforming our business, ensuring we are customer obsessed and digitally enabled to seamlessly link our brick and mortar stores with digital products and services.


At 7-Eleven the entrepreneurial spirit is in our DNA and has been ever since our inception 90+ years ago. It’s what drove us to invent the convenience industry in 1927 by envisioning how a simple ice dock could provide household staples such as milk and eggs to better serve the needs of our customers.


Today we are redefining convenience and the customer experience in big ways...we are fundamentally changing our culture and we want talented, innovative, customer obsessed, and entrepreneurial people like you to come make history with us.


  • How we lead

At 7-Eleven we are guided by our Leadership Principles.


  • Be Customer Obsessed
  • Be Courageous with Your Point of View
  • Challenge the Status Quo
  • Act Like an Entrepreneur
  • Have an “It Can Be Done” Attitude
  • Do the Right Thing
  • Be Accountable

Each principle has a defined set of behaviors which help guide the 7-Eleven team to Serve Customers and Support Stores.


  • About This Opportunity

The purpose of this position is to facilitate timely and accurate reporting of consolidated external financial statements in accordance with U.S (United States). GAAP. This position will prepare/review the 10Q and 10K financial statements and footnotes, manage the quarterly reporting process and serve as a key liaison with our auditors, research and monitor recent accounting pronouncements and their impact to the Company, and manage the accounting of the Company's Benefit plans and oversee the plan audits.

Responsibilities:
Monthly and quarterly duties and responsibilities:
  • Preparation of the monthly cashflow utilizing the cash flow model and preparation of the quarterly cashflow cheat sheet.
  • Preparation of quarterly financial statements.
  • Manage the quarterly footnote process and review the quarterly footnotes to ensure all information is received and that disclosures are in accordance with GAAP.
  • Preparation of the 10K and 10Q, which involves working with other departments to obtain the required information (utilizing Workiva).
  • Key audit contact with our external auditors. Responsible for ensuring key deadlines are met and all outstanding requests are received prior to issuance of our financial statements.
  • Co-ordinate and manage the audit request list process with the external auditors.
  • Oversee the quarterly review package provided to external auditors and Company management.
  • Oversee the quarterly binder review process for the information used in the quarterly Board meetings.
  • Review other assigned quarterly supplemental information that is sent to the Parent Company.
  • Summarize recently issued accounting guidance or exposure drafts outlining their impact on the Company. This summary is utilized by all levels of management.
  • Prepare the GAAP checklist
  • Review the Going Concern Memo.
  • Review and post month end close insurance entries (current/non-current reclass entries and annual true-up of purchase insurance).
  • Review monthly account reconciliations and assist with the quality assurance reviews to ensure that these reconciliations are prepared in accordance with Company policy.

Benefit responsibilities include:
  • Manage and review the Health and Welfare invoice process.
  • Prepare the annual Profit-Sharing entries.
  • Manage the Benefit plans audit process (including preparation of financials statements and PBCs) and work with the external auditors through the audit process.
  • Manage the overall accounting for the Executive Protection Plan and ASC 712.
  • Manage the accounting for the Split Dollar Life Insurance policy benefits.

Other responsibilities include
:
  • Responsible for day-to-day supervision of staff accountant. Provide coaching and guidance to develop staff skill level and identify necessary training, as appropriate.
  • Review the financial reporting calendar.
  • Manage the end of quarter reporting schedule.
  • Assist with organizing key quarterly update meetings.
  • Prepare and review portions of the annual goodwill and indefinite lived intangible impairment testing and documentation.
  • Provide the Real Estate group with divest accounting guidance.
  • Assisting the Franchise team by reviewing the annual Franchise Disclosure Document.
  • Performing technical accounting research on various accounting topics, preparation of special reports and documentation, and investigation into accounting issues.
  • Assist in implementation of new accounting guidance.
  • Perform other special projects as determined by management.
Qualifications:
Education: Bachelors/4 Yr. Degree; CPA required
Experience: 5-7 years, Accounting and Financial Reporting, public accounting background is a plus. Requires a thorough understanding of Generally Accepted Accounting Principles (GAAP). Strong in technical accounting research and analysis. Requires robust critical thinking skills. Must be proficient in Word, Excel, and PowerPoint. Knowledge of Oracle General Ledger and related systems is helpful. Analyze and understand financial statements; understand a broad range of accounting topics; apply technical literature to various theoretical issues. Effectively communicate verbally. Strong technical writing skills. Experience with Workiva is a plus.

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