Senior Manager, Corporate Reporting

Steak n Shake$110K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, or related field
  • 8+ years of experience, including public accounting
  • CPA designation required
  • Demonstrated passion for business growth and value addition
  • Experience innovating processes with AI
  • Strong adaptability to shifting priorities
  • Proven leadership skills with a coaching focus
  • Effective verbal and written communication skills
  • Strong analytical and problem-solving abilities
  • Proficient in Microsoft Office applications, particularly Excel

Responsibilities

  • Prepare and review financial statement consolidation for the Company
  • Support parent company external quarterly reporting with detailed schedules
  • Prepare stand-alone financial statements for Franchise Disclosure Document
  • Act as main liaison for external auditors during reviews and audits
  • Evaluate leases for compliance with ASC 842 regulations and collaborate with Legal
  • Review repairs, maintenance, and CAPEX budgets with operational leaders
  • Oversee team providing corporate accounting support and ensure internal controls
  • Lead technical accounting research and author memos for the Principal Accounting Officer
  • Identify process improvement opportunities across functions and implement changes

Benefits

  • Leadership role with high visibility in cross-functional teams
  • Opportunity to influence and incorporate AI in accounting processes
  • Engagement in strategic improvement initiatives
  • Coaching and mentoring leadership approach for team members
  • Involvement with major financial reporting responsibilities
  • Critical role in corporate compliance with Sarbanes Oxley
Full Job Description
Department: Corporate Accounting

Job Title: Senior Manager, Corporate Reporting

Function

Understand the corporate mission and within that framework provide a critical leadership role within the corporate accounting department. Core Duties include 1) assisting with financial statement preparation and review, including disclosure schedules supporting parent company quarterly reporting, 2) lease accounting, 3) preparation of key judgmental accounting estimates, 4) marketing accounting, 5) key contact for the auditors and oversight of other corporate accounting areas. High visibility cross functional with the Legal and Marketing departments, Operations, and Parent Company.

Essential Duties and Responsibilities

1. Prepare and review aspects of overall financial statement consolidation of Steak 'n Shake Inc. ("the Company" or "Organization") entities.

2. Prepare, review and report on schedules supporting the parent company (Biglari Holdings) external quarterly reporting, including, for example, cash flows and disclosures on leases.

3. Prepare and review the annual stand-alone Company financial statement filing used in the Company's Franchise Disclosure Document (FDD).

4. Key contact to the external auditors in their work related to quarterly reviews, annual audits, and stand-alone financial reporting used in the FDD.

5. Evaluate all new leases and amendments to ensure proper recording under ASC 842, Leases. This includes working closely with the Legal Department to be current and knowledgeable of any new leases, amendments to existing leases, or lease terminations.

7. Review budget to actuals of repairs and maintenance spend and CAPEX spend with VP of Facilities, Chief Operations Officer and others.

9. Review budget to actuals of marketing expenditures with Chief Marketing Officer and others.

10. Responsible for certain key judgmental accounting estimates (e.g., impairment assessments, workers comp/general liability actuarial valuation)

11. Lead technical accounting research and related technical accounting memos as reviewed by the Principal Accounting Officer.

12. Oversee and manage a team of three corporate accounting positions that provide support in asset management, leases and rent, marketing, financial reporting, and other corporate areas.

13. Responsible for ensuring internal controls owned by the corporate accounting team are properly designed and executed to ensure operating effectiveness for compliance with Sarbanes Oxley.

15. Assist Principal Accounting Officer and Senior Leadership Team (SLT) members with requests or projects as needed.

16. Play a role in the Company's planned journey for software evolution, which includes incorporating AI into existing or new processed to gain efficiency and replace basic tasks with more insight and analysis to provide value beyond the core function of accounting.

17. Identify improvement opportunities across the Organization's functions, determine alternative courses of actions with those function leaders, and implement process improvements. Continuous goal to reduce "waste" in processes and identify cost savings.

Position Requirements

- Bachelor's degree in accounting, finance, or related field

- 8+ years of experience, with public accounting experience

- CPA designation

- Passionate about business by adding value to help the overall business grow and win in the marketplace

- Innovator when it comes to improving processes and using AI

- Adaptability and flexibility as priorities change and job responsibilities broaden

- Team leader, but a coach first and foremost

- Effective communicator, verbally and written

- Problem solver that addresses issues quickly.

- Strong analytical thinking

- Proficient with Microsoft applications, including Excel

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