Manager, Fixed Assets & Lease Accounting - Sprouts Farmers Market

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.

Flexible Hybrid Schedule! 

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/.

Why Sprouts:

Grow with us!

If you have a passion for inspiring people and a flair for fresh food, consider applying for a job at Sprouts! With a focus on customer service, our neighborhood grocery stores offer high-quality, farm fresh produce, natural meats, plenty of scoop-your-own bulk goods and much more in a fun, friendly, old-fashioned farmer’s market setting.  Come grow your career in healthy living with a fast-paced, rapidly growing company and teams that pride themselves on empowering others along their journey.

 

 

The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties, responsibilities, and requirements. Sprouts’ management reserves the right to amend and change duties, responsibilities, and requirements to meet business and organizational needs as necessary.

 

California Residents: We collect information in accordance with California law, please see here for more information.