Manager - Physical Inventory Accounting

Company: The Michael's Companies
Location: Dallas
Posted on: November 20, 2023

Job Description:

Manager - Physical Inventory Accounting page is loaded Manager - Physical Inventory Accounting Apply locations Irving-Irving Corporate Office-3939 West John Carpenter Freeway time type Full time posted on Posted 2 Days Ago job requisition id R00233487 Support Center - IrvingThe Manager - Physical Accounting will be responsible for activities including store level reconciliations, shrink, and shrink reserves. Ensure integrity of perpetual inventory for stores and distribution centers. Represent the accounting department on cross-functional projects and initiatives. Provide accounting expertise for physical inventory related items while maintaining compliance with internal accounting controls, established controls and reporting requirements. Ensure accuracy of financial statements and reporting pertaining to inventory and shrink.Major Activities

• Manage the accounting, analysis, and reporting of physical inventory activities including store level reconciliations, shrink, and shrink reserves. Partner with Loss Prevention and Store Operations on the development and updating of store instructions and standard operating procedures pertaining to physical inventories and perpetual inventory.
• Responsible for the accuracy of perpetual inventory, research issues and manage corrections as needed. Work with key business partners to research questions and resolve issues related to inventory and shrink.
• Represent the accounting department on cross functional projects and initiatives, including various project related tasks such as requirements gathering and performing testing, as well as accounting related tasks such as preparation and/or review of technical position papers and related research activities.
• Responsible for ensuring integrity of financial statements and reporting pertaining to inventory and shrink. Ensure that all monthly journal entries are recorded timely and in compliance with all procedures and controls. Ensure that balance sheet accounts are complete and accurately stated in accordance with GAAP, properly reconciled and reviewed according to departmental standards and established deadlines. Partner with internal and external auditors to ensure successful audits. Ensure internal controls are evaluated and updated on a timely basis and followed as appropriate.
• Responsible for managing, motivating, and developing team to ensure associate engagement and continued growth of associates. Other ad hoc duties as needed.
  -Minimum Education
  • Bachelor's Degree -Minimum Special Certifications or technical skills
    • Strong knowledge of financial statements, internal controls, SOX, GAAPMinimum Type of experience the job requires
      • Minimum 6 years of experience in Accounting -Preferred Education
        • Bachelor's Degree preferably in Accounting or FinancePreferred Type of experience the job requires
          • Minimum 2 years of supervisory experience preferred -
          • Retail, manufacturing or distribution experience preferred
          • Physical inventory experience preferred
            - Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job. To review a comprehensive list of benefits, please visit Michaels Benefits (MIKBenefits.com)
            CA, CO, CT, WA, RI and select New York cities only - To review pay ranges for the position you are applying for, please visit Michaels Pay Ranges - CA, CO, CT, WA, RI, and select New York cities only . (MIKBenefits.com) For nearly 50 years, Michaels has been the destination where Makers get inspired, learn, shop, and create. We strive to cultivate an inclusive shopping environment for all Makers and work environment for all Team Members, providing a place of belonging and empowering everyone to bring their creative dreams to life. At Michaels, every Team Member is encouraged to hone their craft with opportunities for personal and professional growth. From our Stores and Distribution Centers to Artistree and our Support Center, our best-in-class team is passionate about leaving the world a better, more creative place by contributing to every "make". Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together. Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL). EEOC Know Your Rights Poster in English EEOC Know Your Rights Poster in Spanish EEOC Poster Optimized for Screen Readers Federal FMLA Poster Federal EPPAC Poster About Us For nearly 50 years, Michaels has been the destination where Makers get inspired, learn, shop, and create. We strive to cultivate an inclusive shopping environment for all Makers and work environment for all Team Members, providing a place of belonging and empowering everyone to bring their creative dreams to life. At Michaels, every Team Member is encouraged to hone their craft with opportunities for personal and professional growth. From our Stores and Distribution Centers to Artistree and our Support Center, our best-in-class team is passionate about leaving the world a better, more creative place by contributing to every "make".Your future, made by you at Michaels -We're the largest retailer for arts, crafts, framing, floral, wall d--cor, and seasonal merchandise for Makers in North America. We operate more than 1,270 stores in 49 states in the U.S. and in every province in Canada. -At -Michaels, more than -40,000 full-time and part-time Team Members live by these values: We put people firstWe do the right thingWe're obsessed with our MakersWe're always improving our craftWe hold ourselves accountableWe're better together We find fun in the everyday
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Keywords: The Michael's Companies, Dallas , Manager - Physical Inventory Accounting, Executive , Dallas, Texas