Sr. Manager, Fixed Assets (Hybrid) Position Available In Wake, North Carolina

Job Description Job Summary:

The Senior Manager, Fixed Assets, is responsible for overseeing the management and accounting of the company’s fixed assets, with a primary focus on CIP. This role involves ensuring accurate tracking, valuation, and reporting of all fixed assets, as well as leading a team to maintain compliance with GAAP standards.

Key Responsibilities:

Asset Management:

Oversee the acquisition, transfer, and disposal of fixed assets, ensuring accurate records and compliance with company policies and regulations.

Financial Reporting:

Prepare and review financial reports related to fixed assets, including depreciation schedules, capital expenditure analysis, and fixed asset roll forward.

Accounting Close:

Oversee the monthly and annual accounting close processes for fixed assets, including closing projects and fixed assets, running depreciation, and explaining variances from forecast and prior period actuals.

Collaboration:

Regularly collaborate with Finance and other project teams to ensure alignment and effective management of fixed assets.

Process Improvement:

Identify and implement process improvements to enhance the efficiency and accuracy of fixed asset management.

Team Leadership:

Manage and mentor a team of fixed asset accountants, seniors, assistant manager and a manager, including an offshore team, providing guidance and support to achieve departmental goals.

Audit Support:

Coordinate with internal and external auditors to provide necessary documentation and support during audits.

Strategic Planning:

Collaborate with senior management to develop and execute strategies for optimizing the use and management of fixed assets, with a focus on CIP.

Qualifications:

Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent certification preferred. 7+ years of experience in fixed assets. Strong knowledge of GAAP standards related to fixed assets. Proficiency with Oracle Fixed Asset Module and Projects Module. Experience in the retail industry and with publicly traded companies preferred. Experience working and managing offshore teams. Excellent analytical, organizational, and problem-solving skills. Strong leadership and team management abilities. Effective communication and interpersonal skills.

Skills:

Financial acumen and analytical skills. Strategic planning and vision. Strong organizational and time management skills. Ability to lead and mentor a team. #LI-GG1 California Residents click below for

Privacy Notice:

https://jobs.advanceautoparts.com/us/en/disclosures Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 1,125 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services and online shopping for parts, accessories and other offerings can be found at www.

AdvanceAutoParts.com.