
Manager, Fixed Asset Accounting
Shake Shack
full-time
Posted on:
Location Type: Hybrid
Location: New York City • New York • United States
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Salary
💰 $121,650 - $159,650 per year
About the role
- Manage the period-end close by ensuring the accurate and timely completion of all fixed asset accounting/ repair & maintenance entries, and reconciliations with appropriate SOX documentation and support.
- Manage fixed asset life cycle events, such as acquisitions, depreciation, disposals, impairments, cost adjustments, and asset transfers through fixed asset accounting software (Workday Business Assets).
- Perform analytical review of fixed asset related balances and provide balance sheet account movements to support cash flow reporting.
- Drive projects, provide accounting guidance and often serve as first point of contact for finance and business partners to resolve lease related issues.
- Act as a key member of cross-departmental teams to improve the flow of data and reporting.
- Assist and/or manage on-going Company-wide initiatives and projects.
- Assist in assessing the impact from and implement the required changes to systems, process, policies and procedures due to new accounting standards, regulatory changes, changes in business strategy, cross-departmental initiatives and other operational changes.
- Assist with driving change management by working with IT and other key stakeholders related to any associated changes.
- Prepare the accounting evaluation, conclusions, and maintain the ongoing accounting treatment of new agreements as it relates to owned areas.
- Collaborate with other Support Center teams where required and appropriate.
- Strengthen and maintain relationships with both internal and external parties.
- Maintain ownership of SOX key controls related to owned accounts and processes.
- Facilitate both internal and external audits ensuring complete, timely and accurate responses to information requests.
- Continuously evaluate SOX controls in light of changing systems/processes and work with Internal Audit to identify and implement necessary control changes.
- Review existing processes, structures, and systems to assist in the identification of improvement opportunities with a focus on simplification, standardization and optimization, especially the reduction of manual, Excel-based activities.
- Evaluate, develop, implement and monitor accounting and operational policies and procedures for owned areas, with an emphasis on improving accuracy and timeliness, reducing risk and strengthening compliance.
- Manage and/or support the implementation of on-going process improvement initiatives.
- Ensure information flow between the accounting team, external auditors and other internal and external partners.
- Prepare balance sheet and income statement fluctuation analyses.
- Provide requested support to Tax and Financial Reporting and adhere to external reporting timelines.
- Manage a team of two accountants and help grow them professionally.
- Perform quarterly check-ins and annual performance reviews for direct reports.
- Establish goals for direct reports that are aligned with overall department and company objectives.
- Remain current on Restaurant and Retail industry-specific technologies and emerging trends.
- Prepare reports/analyses and participate in other projects as needed.
Requirements
- BS/BA in Accounting or Finance required.
- CPA (Preferred).
- Minimum 4+ years of accounting experience in private and/or public accounting.
- Minimum 1 year of supervisory experience.
- Minimum 2 years of experience at “Big 4” public accounting strongly preferred, but not required.
- Familiarity with fixed asset accounting, ASC 360 and fixed asset accounting systems
- Experience with documenting accounting conclusions related support
- Familiarity with Workday Business Assets a plus, but not required.
- Strong understanding of GAAP and SOX required.
- Demonstrated experience in continuous improvement initiatives, root cause analysis and project management.
- Experience in the restaurant and/or retail industries preferred.
- Experienced with PowerPoint Presentations
- Skilled with Microsoft Office (Excel, Word, Outlook, Access)
Benefits
- Weekly Pay and Performance bonuses
- Shake Shack Meal Discounts
- Exclusive corporate discounts for travel, electronics, wellness, leisure activities and more
- Medical, Dental, and Vision Insurance*
- Employer Paid Life and Disability Insurance*
- 401k Plan with Company Match*
- Paid Time Off*
- Paid Parental Leave*
- Access to Employee Assistance Program on Day 1
- Pre-Tax Commuter and Parking Benefits
- Flexible Spending and Dependent Care Accounts*
- Development and Growth Opportunities *Eligibility criteria applies
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
fixed asset accountingdepreciationcost adjustmentsaccounting evaluationGAAPSOXroot cause analysisproject managementfinancial reportingbalance sheet analysis
Soft Skills
leadershipcommunicationcollaborationchange managementanalytical thinkingproblem-solvingrelationship managementteam managementperformance evaluationgoal setting
Certifications
BS/BA in AccountingCPA