Sprouts Farmers Markets

Manager, Fixed Assets

Sprouts Farmers Markets$75K — $95K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting required
  • CPA designation preferred
  • Strong understanding of US GAAP and internal controls required
  • A minimum of five years of progressive experience in public or private accounting
  • Proven leadership experience and mentoring skills
  • Advanced competency in Excel and proficient with other Microsoft Office suite products
  • Experience using ERP and reporting software required (i.e. Workday, Tango)

Responsibilities

  • Create and define the company's fixed asset and lease processes and policies
  • Act as the subject matter expert for fixed asset and lease accounting
  • Establish working relationships with the Real Estate team regarding lease changes
  • Partner with functional leads to build communication channels and best practices
  • Analyze and review new leases for accounting impact
  • Review all journal entries from direct reports related to fixed assets and lease activities
  • Monitor and address integration process issues between Tango and Workday

Benefits

  • Sick time plan to support health needs of you and your family
  • Vacation accrual plan
  • Opportunities for career growth
  • 15% discount for you and one family member on purchases
  • Flexible schedules
  • Employee Assistance Program (EAP)
  • 401(K) Retirement savings plan with company match
  • Company paid life insurance
  • Contests and appreciation events throughout the year
Full Job Description
Overview

This position is within the Corporate Accounting group with a focus on overseeing the fixed asset and lease accounting for the portfolio of stores within the Company. This role is seen as a subject matter expert for fixed asset and lease accounting. This role will be responsible for providing guidance and reviewing the activities of direct reports and ensuring strong internal controls while driving process improvements. The position is reports in Phoenix, Arizona and reports directly to the Sr. Director, Corporate Accounting.

Position reportsin into the Store Supoort Office in Phoenix, AZ. Hybrid schedule in office Tuesday - Thursday.

Essential Functions

  • Create and define Company's fixed asset and lease processes and policies
  • Act as the subject matter expert for fixed asset and lease accounting
  • Establish working relationships with Real Estate team to foster communication regarding changes to lease terms and guidance triggers
  • Partner with functional leads within the organization to build open communication channels and best practices within the department
  • Analyze and review new leases, as well as changes or amendments to existing leases for accounting impact. Communicate and record entries, as necessary
  • Review all journal entries from direct reports related to fixed assets and lease activities as needed in general ledger (lease termination, and tenant improvement allowance, new additions, disposals, depreciation, etc.)
  • Review reconciliation performed by direct reports of fixed assets and leases
  • Responsible for reviewing and working with the facilities team to ensure construction in progress and transfer of assets to stores is timely and appropriate
  • Review all period end and quarter end fixed asset and construction in progress reporting for management and financial reporting
  • Assist with budget and forecasting functions, as needed
  • Oversee the asset retirement obligation calculations for ARO applicable assets
  • Work within a SOX-compliant environment and maintain appropriate controls
  • Proficient in use of Lease Software (Tango), drive process improvement across lease lifecycle and represent Accounting during new release or functionality testing
  • Monitor and address integration process issues between Tango and Workday
  • Work directly with the external and internal auditors on any requests

#LI-MS1

Knowledge, Skills, Abilities and Physical Requirements

  • Lead a team in a fast-paced and high-volume environment with emphasis on accuracy and timeliness.
  • Excellent written and verbal communication skills with all levels of the organization.
  • Exceptional analytical, problem identification and problem-solving skills
  • Strong accounting principles knowledge with the initiative to remain current on accounting and other regulatory changes.
  • Remains up to date on current GAAP guidance related to areas of responsibility; partners with Financial Reporting and Accounting management to identify and address technical accounting questions.
  • Excellent documentation skills, research and resolution skills, data analysis
  • Organized and extremely detail oriented.
  • Holds self and others accountable for ensuring that results are achieved; seizes opportunities to produce results without direct supervision; acts on items beyond formal job responsibility; sets high expectations for self and others.
  • Experience in the early stages of a high growth business preferred. Ability to both identify and remove barriers to progress or change.

Education and Certifications
  • Bachelor's Degree in Accounting required
  • CPA designation preferred
  • Strong understanding of US GAAP and internal controls required
  • A minimum of five years of progressive experience in public or private accounting
  • Proven leadership experience and mentoring skills, self starter and team player
  • Experience with financial statement preparation, month end close, general ledger, journal entries, reconcilitations, budgeting/forecasting and variance analysis required
  • Experience preparing or reviewing SEC filings
  • Advanced competency in Excel and proficient with other Microsoft Office suite products
  • Experience using ERP and reporting software required (i.e. Workday, Tango)
  • Experience in grocery, retail, restaurant industries a plus


Benefits

In addition to a rewarding career, Sprouts offers a comprehensive program to help support you and your family. These programs include:
  • Competitive pay
  • Sick time plan that you can use to support you or your immediate families health
  • Vacation accrual plan
  • Opportunities for career growth
  • 15% discount for you and one other family member in your household on all purchases made at Sprouts
  • Flexible schedules
  • Employee Assistance Program (EAP)
  • 401(K) Retirement savings plan with a generous company match
  • Company paid life insurance
  • Contests and appreciation events throughout the year full of prizes, food and fun!

Eligibility requirements may apply for the following benefits:
  • Bonus based on company and/or individual performance
  • Affordable benefit coverage, including medical, dental and vision
  • Health Savings Account with company match
  • Pre-tax Flexible Spending Accounts for healthcare and dependent care
  • Company paid short-term disability coverage
  • Paid parental leave for both mothers and fathers
  • Paid holidays


Get Paid Every Day!

Sprouts Farmers Market offers DailyPay - if you're hired as an eligible employee, you'll be able to transfer the money you've already earned at no extra cost, and get it the next business day, for free. We offer DailyPay so you don't have to wait for payday to access the money you've already worked for. With DailyPay, you can see how much you've made every day and you can transfer your money any time before payday.

You can learn more by visiting https://www.dailypay.com/partners/sprouts-farmers-market/.

About Sprouts Farmers Markets

Sprouts Farmers Market is a supermarket chain that specializes in selling natural and organic food products. The company was founded in 2002 in Chandler, Arizona, and has since expanded to over 360 stores across the United States. Sprouts Farmers Market offers a wide variety of products, including fresh produce, meat and seafood, bulk foods, vitamins and supplements, and household essentials. The company is committed to providing healthy and affordable food options to its customers, and has a strong focus on sustainability and community involvement.
Learn more about Sprouts Farmers Markets
Size
31,000 employees
Market Cap
$3.4 billion
Industry
Net Income
$287.4 million
Founded
2002
5 Year Trend
+8.6%
Revenue
$6.4 billion
NASDAQ

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