Accountant II - Fixed Assets & Leases
Cumberland Farms, Westborough, MA, United States
Description
Are you curious about solving complex business challenges for a leading convenience retailer? Do you have a passion for cross functional collaboration? Then you may be the perfect addition to our team!
Cumberland Farms is one of the fastest-growing convenience retailers in the United States, committed to becoming America’s #1 ‘one-stop’ destination. The business has an established pedigree of delivering excellent fuel, grocery and merchandise, and food service. Headquartered in Westborough, Massachusetts, our Company has grown to over 1,500+ locations across the United States employing over 18,000 team members. You can find us operating under the following store banners: Certified Oil, Cumberland Farms, Fastrac, Kwik Shop, Loaf N Jug, Minit Mart, Sprint Food Stores, Tom Thumb, Turkey Hill, and Quik Stop. Our US headquarters in Westborough, MA is home to our Store Support Center, Company Warehouse, and Culinary Center.
What We Offer
Competitive Wages
Work today, get paid tomorrow through our earned wage access program*
Paid Time Off
Medical/Health/Dental Coverage
401K with Company Match
Team Member Discounts
Tuition Reimbursement
Employee Assistance Program
Health Savings Account
Company Spirit Days
Employee recognition and awards
And much more!
Position Summary
Reporting to the Manager of Fixed Assets and Leases, the Staff Accountant II will be a key member of the Cumberland Farms Finance team responsible for all accounting activities related to Fixed Assets and Leases. In addition, this role will work closely with Real Estate, General Ledger, Construction, and other corporate teams.
Responsibilities
Review incoming leases for proper accounting treatment under IFRS 16 and US GAAP.
Research and document applicable accounting treatment for certain business transactions.
Attend quarterly cross functional meetings to identify/discuss accounting implications.
Review select account reconciliations prepared by others in Finance to ensure accounts are reconciled properly and in accordance with GAAP.
Analyze and reconcile certain balance sheet accounts on a monthly basis.
Collaborate internally with the Fixed Assets and Leases department to complete month-end close deliverables.
Identify and implement process improvements.
Assist with ad-hoc requests both internally and externally.
Working Relationships
Interact with the entire Finance organization on a routine basis and various departments throughout the organization. This position will work closely with Real Estate, Fixed Assets, Financial Reporting, Tax and other key business segments.
Requirements
Minimum Education:
Bachelor’s Degree in Accounting
Preferred Education:
Master’s Degree in Accounting or MBA
Minimum Experience:
1-2 years industry experience, preferably working in fixed assets or lease accounting
Preferred Experience:
1-2 years of public accounting experience at a Big Four firm with retail and/or real estate exposure and 1-2 years industry experience, preferably working in fixed assets
Licenses/Certifications:
CPA preferred.
Soft Skills
Technical accounting abilities
Effective Communication (verbal and oral) in order to clearly communicate and present unusual and/or complex concepts or issues in a convincing manner across all levels of management
Passion for detail and meeting deadlines
Flexibility and ability to pivot between competing priorities
Intermediate knowledge of MS Suite
Experience with Oracle EBS or Oracle Fusion a plus
Strong organizational skills to include effective time management in all key responsibilities of the job
Other Requirements
Hours & Conditions:
40-50 hour work week in a corporate environment
Driving Requirement:
None
Travel:
None
Physical:
Minimal physical effort required, sitting/standing at computer for long periods of time. Ability to maneuver and lift to 10 lbs.
Other:
The position requires reporting to the office three times per week with an option for a hybrid work schedule for two days per week from a home office. The hybrid work flexibility is up to department managers’ discretion and requires LST approval.
Additional Info
At Cumberland Farms, it’s important that our employees reflect the world we live in and the communities we serve. We celebrate our differences, so your unique background and skillset could bring a wonderful new perspective to our team. If you have a passion for delivering exceptional results, thrive in a fast-paced corporate environment, and bring experience in business management or related areas, we'd love to meet you - even if you don't meet every single requirement.
Note: This last paragraph contains a formatting tag in the original; it has been kept as plain text to comply with allowed tags. If required, remove emphasis to meet stricter formatting.
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Are you curious about solving complex business challenges for a leading convenience retailer? Do you have a passion for cross functional collaboration? Then you may be the perfect addition to our team!
Cumberland Farms is one of the fastest-growing convenience retailers in the United States, committed to becoming America’s #1 ‘one-stop’ destination. The business has an established pedigree of delivering excellent fuel, grocery and merchandise, and food service. Headquartered in Westborough, Massachusetts, our Company has grown to over 1,500+ locations across the United States employing over 18,000 team members. You can find us operating under the following store banners: Certified Oil, Cumberland Farms, Fastrac, Kwik Shop, Loaf N Jug, Minit Mart, Sprint Food Stores, Tom Thumb, Turkey Hill, and Quik Stop. Our US headquarters in Westborough, MA is home to our Store Support Center, Company Warehouse, and Culinary Center.
What We Offer
Competitive Wages
Work today, get paid tomorrow through our earned wage access program*
Paid Time Off
Medical/Health/Dental Coverage
401K with Company Match
Team Member Discounts
Tuition Reimbursement
Employee Assistance Program
Health Savings Account
Company Spirit Days
Employee recognition and awards
And much more!
Position Summary
Reporting to the Manager of Fixed Assets and Leases, the Staff Accountant II will be a key member of the Cumberland Farms Finance team responsible for all accounting activities related to Fixed Assets and Leases. In addition, this role will work closely with Real Estate, General Ledger, Construction, and other corporate teams.
Responsibilities
Review incoming leases for proper accounting treatment under IFRS 16 and US GAAP.
Research and document applicable accounting treatment for certain business transactions.
Attend quarterly cross functional meetings to identify/discuss accounting implications.
Review select account reconciliations prepared by others in Finance to ensure accounts are reconciled properly and in accordance with GAAP.
Analyze and reconcile certain balance sheet accounts on a monthly basis.
Collaborate internally with the Fixed Assets and Leases department to complete month-end close deliverables.
Identify and implement process improvements.
Assist with ad-hoc requests both internally and externally.
Working Relationships
Interact with the entire Finance organization on a routine basis and various departments throughout the organization. This position will work closely with Real Estate, Fixed Assets, Financial Reporting, Tax and other key business segments.
Requirements
Minimum Education:
Bachelor’s Degree in Accounting
Preferred Education:
Master’s Degree in Accounting or MBA
Minimum Experience:
1-2 years industry experience, preferably working in fixed assets or lease accounting
Preferred Experience:
1-2 years of public accounting experience at a Big Four firm with retail and/or real estate exposure and 1-2 years industry experience, preferably working in fixed assets
Licenses/Certifications:
CPA preferred.
Soft Skills
Technical accounting abilities
Effective Communication (verbal and oral) in order to clearly communicate and present unusual and/or complex concepts or issues in a convincing manner across all levels of management
Passion for detail and meeting deadlines
Flexibility and ability to pivot between competing priorities
Intermediate knowledge of MS Suite
Experience with Oracle EBS or Oracle Fusion a plus
Strong organizational skills to include effective time management in all key responsibilities of the job
Other Requirements
Hours & Conditions:
40-50 hour work week in a corporate environment
Driving Requirement:
None
Travel:
None
Physical:
Minimal physical effort required, sitting/standing at computer for long periods of time. Ability to maneuver and lift to 10 lbs.
Other:
The position requires reporting to the office three times per week with an option for a hybrid work schedule for two days per week from a home office. The hybrid work flexibility is up to department managers’ discretion and requires LST approval.
Additional Info
At Cumberland Farms, it’s important that our employees reflect the world we live in and the communities we serve. We celebrate our differences, so your unique background and skillset could bring a wonderful new perspective to our team. If you have a passion for delivering exceptional results, thrive in a fast-paced corporate environment, and bring experience in business management or related areas, we'd love to meet you - even if you don't meet every single requirement.
Note: This last paragraph contains a formatting tag in the original; it has been kept as plain text to comply with allowed tags. If required, remove emphasis to meet stricter formatting.
#J-18808-Ljbffr