Major Activities
- Lead and manage the revenue, merchandise inventory, physical inventory, and entitlement accounting functions for Michaels Stores, Inc., including the development and maintenance of policies, procedures and controls to ensure accurate and timely monthly financial reporting for Michaels' retail and distribution center locations, and Artistree manufacturing operations.
- Continuously monitor departmental processes against industry best practices, perform appropriate benchmarking, conduct continuous process improvements and identify/implement productivity and control enhancements.
- Work closely with the Michaels organization to ensure that proposed business and process changes are analyzed; identify and clearly articulate the impact and risks to the Company's sales, inventory, and entitlements values related to those initiatives and work closely with teams to mitigate those risks.
- Ensure development of Revenue, Merchandise, Physical Inventory, Artistree, and Entitlement Accounting teams; build skill sets and ensure adequate cross training and succession planning for manager positions.
- Identify and champion business and process changes to drive improvements in the quality of reported data and drive organizational efficiencies.
Other duties as assigned
Minimum Knowledge/Skills/Abilities
Minimum Education
- BS in Accounting or Finance
Minimum Type of experience the job requires
- 10 years with at least 5 years in a supervisory capacity
- Must have previous experience with inventory accounting in a retail environment
- Experience with US GAAP and SEC requirements
Preferred Knowledge/Skills/Abilities
Preferred Special Certifications or technical skills
- CPA preferred
Preferred Type of experience the job requires
- Prefer some exposure to cost accounting
Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.
At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration. As the leading destination for creating and celebrating in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit www.michaels.com.
Michaels offers a range of benefits to support team members and their families. Depending on position and eligibility, team members may have access to a 401(k) with employer match, an Employee Assistance Program, medical, dental, and vision coverage, telemedicine services, flexible spending accounts, commuter benefits, tuition assistance, adoption assistance, and various voluntary insurance options. All team members enjoy everyday perks such as employee discounts and access to partner discount programs. For a summary of benefits, visit the Michaels Benefits at a Glance page. For additional information regarding benefits, visit MIKBenefits.com
Michaels is an Equal Opportunity Employer. We are here for all Team Members and all customers 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
Skills Required
- Bachelor’s degree in Accounting or Finance
- 10 years of experience, including at least 5 years in a supervisory capacity
- Previous experience with inventory accounting in a retail environment
- Experience with US GAAP and SEC requirements
- CPA certification
- Exposure to cost accounting
Michaels Stores Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Michaels Stores and has not been reviewed or approved by Michaels Stores.
-
Healthcare Strength — Multiple medical, dental, and vision options are available alongside virtual care and an Employee Assistance Program. Basic life and AD&D are provided for full-time team members, with optional disability coverage.
-
Retirement Support — A 401(k) plan with company matching supports savings for retirement. Eligibility begins after a short tenure period.
-
Wellbeing & Lifestyle Benefits — Team members receive broad merchandise and custom framing discounts plus partner savings on fitness, travel, and services. Programs such as Michaels CARES and tuition assistance add wellbeing and development support.
Michaels Stores Insights
What We Do
The Michaels Companies, Inc. is North America's largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for Makers and do-it-yourself home decorators. The Company owns and operates more than 1,200 stores in 49 states and Canada. Additionally, the Company serves customers through Michaels.com, consumercrafts.com and aaronbrothers.com. The Michaels Companies, Inc., also owns Artistree, a manufacturer of high quality custom and specialty framing merchandise, and Darice, a premier wholesale distributor in the craft, gift and decor industry.
