SR. ACCOUNTANT, FIXED ASSETS

The Spinx Company, a premier employer of South Carolina, operates 93 convenience stores in South Carolina and employs over 1,800 associates through its stores, food operations and related businesses. Spinx is passionate about fulfilling people's everyday needs by providing quality services and products in a clean, safe, and convenient environment. We operate in a fun and respectful manner that balances profit, community involvement, and environmental awareness while valuing our on-the-go customers, partners, and team of employees.

JOB SUMMARY

: Responsible for accounting and management of Fixed Assets and CIP, including new asset additions, asset disposals, capital budget reporting, and tracking and recording monthly depreciation. Responsible for account analysis and reconciliations, monthly journal entries, monthly accounting close, audit preparation, and ad-hoc analysis. Responsible for completing period-end closings for Enigma Corporation. Other duties and projects as assigned by the supervisor.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Review and process capital invoices, including remodels and new store construction, to ensure correct GAAP accounting classification (capital or expense) and correct project coding for over 200 new CAPEX projects totaling roughly $70,000,000 per year for The Spinx Company, LLC. Ensure compliance with ASC 842 for all lease accounting transactions totaling approximately $14,000,000 for The Spinx Company, LLC., Enigma Corporation, and Ace Energy. Research and resolve issues with facility managers, project managers, and Accounting. Prepare assigned fixed asset-related journal entries and account reconciliations of CIP and asset activity between the Fixed Assets/Projects sub-ledger and the General Ledger and prepare and analyze fixed asset roll-forwards. Responsible for accurate and timely processing of all Fixed Asset transactions in Fixed Asset sub-ledger including additions, capital interest, acquisitions, transfers, retirements, impairments, reclassifications, and per GAAP and company policies for The Spinx Company, LLC, Enigma Corporation, Spinx Transportation, Inc., and Ace Energy. Prepare and record system estimated depreciation of approximately $15,000,000, capitalized interest and capital-labor, and reclassification and adjustment journal entries as needed. Assist with Project Accounting (PA) and Fixed Assets (FA) month-end closing including processing the PA and FA sub-ledger systems, analyzing variances, and preparing monthly reports for The Spinx Company, LLC, Enigma Corporation, Spinx Transportation, Inc., and Ace Energy. Maintain open communication with Construction and other key stakeholders regarding the status of projects. Analyze Balance Sheet fluctuation & Income Statement variances between current month, prior month, prior year, and budget. Ensure development of and compliance with internal controls policies and procedures. Maintain prepaid assets, recurring journal entries, and property tax details at all locations to ensure PPT is calculated and paid accurately for The Spinx Company, LLC and Enigma Corporation. Prepare schedules related to fixed assets and leases to ensure on-time filing of yearly audit reports and tax returns for The Spinx Company, LLC, Enigma Corporation, Spinx Transportation, Inc., and Ace Energy. Assist in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, and/or accounting. Assist Management on various projects/tasks as needed.

SUPERVISORY RESPONSIBILITIES

N/A, unless specifically assigned.

QUALIFICATION REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and or ability needed. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions. EDUCATION and/or

EXPERIENCE

Bachelor's degree in accounting or finance required. At least 3 years of professional accounting experience. Experience in accounting for Fixed Assets is preferred. Prior accounting experience with general ledger accounting systems and Sage Fixed Assets is preferred. Strong Microsoft Excel skills are required.

LANGUAGE SKILLS

Effectively present information to customers, associates, and management. Ability to read, analyze, and interpret financial reports and legal documents. Ability to respond to common inquiries or complaints from associates, customers, regulatory agencies, or members of the business community. Must be able to speak, read, and write in the English language.

MATHEMATICAL SKILLS

Ability to work with and apply mathematical concepts such as fractions, percentages, ratios, and proportions to practical situations.

PROFESSIONAL SKILLS

Ability to work independently with minimal direction from management, by still providing quality, accurate results. Must be detail-oriented with the ability to plan work effectively, to meet the deadlines assigned, and to make sound decisions with no or minimal direction from management. Capable of establishing effective working relationships that promote teamwork and collaboration. Motivated, self-directed, and results-driven approach to work, also takes ownership of assigned tasks. Requires excellent interpersonal, verbal, and written communication and organizational skills, and the ability to interact effectively with various levels of staff, and have the ability to interpret and analyze data and make recommendations based on findings.

REASONING ABILITY

Ability to solve practical problems and deal with a variety of situations where limited standardization exists. Ability to interpret a variety of instructions given in written, oral, diagram or schedule form.

CERTIFICATES, LICENSES, REGISTRATIONS

N/A

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee must regularly stand, walk, drive, use hands to finger, handle, or feel objects; use tools or controls, reach with hands and arms, and talk and hear. The employee must often sit; climb or balance; stoop, kneel, crouch, or crawl; and taste or smell. The employee must regularly lift and/or move up to ten pounds, occasionally lift and/or move up to twenty-five pounds, and occasionally lift and/or move up to fifty pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee occasionally works in outside weather conditions and is occasionally exposed to wet and/or humid conditions, fumes, or airborne particles, and extreme cold and/or heat. The employee occasionally works near moving mechanical parts; in high, precarious places; and is occasionally exposed to toxic or caustic chemicals, and risk of electrical shock. The noise level in the work environment is usually moderate to loud.