Technical Accounting Manager

Posted 2 Hours Ago
Be an Early Applicant
Marlborough Center, Town of Marlborough, CT
125K Annually
3-5 Years Experience
Retail
The Role
The Technical Accounting Manager will lead the technical lease and capital accounting functions within Finance, collaborating with various internal departments to ensure accurate reporting and compliance with accounting standards. Responsibilities include reviewing lease transactions, maintaining capital control processes, participating in month-end close, and acting as a point of contact for audits.
Summary Generated by Built In

Join our team of more than 34,000 team members, supporting our members and communities in our Club Support Center, 235+ clubs and eight distribution centers. BJ’s Wholesale Club offers a collaborative and inclusive environment where all team members can learn, grow and be their authentic selves. Together, we’re committed to providing outstanding service and convenience to our members, helping them save on the products and services they need for their families and homes.

The Benefits of working at BJ’s

BJ’s pays weekly

Eligible for free BJ's Inner Circle and Supplemental membership(s)*

Generous time off programs to support busy lifestyles* 

o Vacation, Personal, Holiday, Sick, Bereavement Leave, Jury Duty

Benefit plans for your changing needs*

o Three medical plans**, Health Savings Account (HSA), two dental plans, vision plan, flexible spending

401(k) plan with company match (must be at least 18 years old)

*eligibility requirements vary by position

**medical plans vary by location

Technical Accounting Manager (Lease and Capital )

The successful applicant will have a role leading the technical lease and capital accounting functions within Finance. Primary responsibilities will include reviewing technical lease accounting transactions, collaborating with Real Estate, Property and Development, Facilities, Legal, and other departments internally to gain insight into the Company’s projects (including those with capital- and lease-related implications) and the ongoing maintenance of those associated assets. The applicant will play a key role in the monthly close process, as well as quarterly and year end reporting. The applicant should possess the ability and confidence to work well with a broad range of stakeholders to ensure information is shared in a timely, accurate, and complete fashion. This includes gathering information from the aforementioned teams, as well as sharing updated information back with them.

Core Responsibilities:

  • Collaborate with Real Estate and Development teams to gather necessary information about the progress of our capital projects (such as construction status, fair market value estimates, timing of landlord reimbursements, etc.) to determine both lease and capital accounting implications
  • Own the review of ASC 842 transaction files for lease commencements, modifications, sale- leasebacks (including failed sale-leasebacks), and the research and documentation process for technical questions that may arise
  • Maintain processes in Capital Control, including but not limited to:
    • Reviewing transactions processed by the Company for capitalization vs expense accounting treatment
    • Reviewing the settlement of assets under construction as they are placed into service
    • Reviewing the retirement of assets, as well as the potential impact to the P&L
  • Act as the main point of contact with our property development and maintenance teams for reporting needs that arise
  • Participate in the month end close for both Leasing and Capital Control, including reviewing journal entries, reconciliations, critical spreadsheets, key controls, etc.
  • Act as a point of contact for internal and external audit requests related to technical Leasing and Capital Control
  • Perform other duties or projects as necessary in the management of files related to technical Leasing and Capital Control

Qualifications:

  • 2 to 5 years of relevant work experience (preferably with the Big 4), with exposure to Technical Leasing (ASC 842) and/or Capital Control
  • Certified Public Accountant required
  • Experience with technical accounting research required
  • Degree in Business Administration, Accounting or other business discipline required
  • Must be comfortable to manage multiple priorities in a fast-paced, high-volume environment
  • Advanced Microsoft Excel skills, proficient in the entire Microsoft Office suite
  • High level of attention to detail
  • Excellent organizational skills and multi-tasking abilities (e.g., time management and efficiency)
  • Strong analytical skills (e.g., identify and research issues)
  • Excellent written, interpersonal, and communication skills
  • Self-motivated and results driven
  • Ability to work independently and within a team to build relationships and interact effectively with business partners.

In accordance with the Pay Transparency requirements, the following represents a good faith estimate of the compensation range for this position. At BJ’s Wholesale Club, we carefully consider a wide range of non-discriminatory factors when determining salary. Actual salaries will vary depending on factors including but not limited to location, education, experience, and qualifications. The pay range for this position is starting from $125,000.00

Top Skills

Asc 842
The Company
HQ: Westborough, MA
10,308 Employees
On-site Workplace

What We Do

Headquartered in Westborough, Massachusetts, BJ's Wholesale Club is a leading operator of membership warehouse clubs in the Eastern United States. The company currently operates over 215 clubs and more than 145 BJ's Gas® locations in 17 states.

Explore career opportunities at BJ's and join our team today: www.bjs.com/careers

Jobs at Similar Companies

Sandbox VR Logo Sandbox VR

Software Engineer

Events • Gaming • News + Entertainment • Retail • Virtual Reality
Hong Kong
750 Employees

Optimum Logo Optimum

Access Tech II - Inside Plant

AdTech • Digital Media • Internet of Things • Marketing Tech • Mobile • Retail • Software
Hybrid
Brooklyn, NY, USA
9000 Employees
66K-109K Annually

Grocery TV Logo Grocery TV

District Manager - Chicago, IL

AdTech • Digital Media • Hardware • Marketing Tech • Retail • Software
Easy Apply
Remote
Hybrid
Chicago, IL, USA
43 Employees

Similar Companies Hiring

Sandbox VR Thumbnail
Virtual Reality • Retail • News + Entertainment • Gaming • Events
US
750 Employees
Optimum Thumbnail
Software • Retail • Mobile • Marketing Tech • Internet of Things • Digital Media • AdTech
Long Island City, NY
9000 Employees
Grocery TV Thumbnail
Software • Retail • Marketing Tech • Hardware • Digital Media • AdTech
Austin, TX
43 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account