Shake Shack

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

Job Level

Mid-LevelSenior

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
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