Sr. Manager, Fixed Assets (Hybrid)

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Company: Advance Auto Parts

Location: Raleigh, NC 27610

Description:

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.


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