Sr. Analyst, Financial Reporting

CarMax•Nampa, ID

5d•Hybrid

About The Position

The Financial Reporting Senior Analyst will play an active role in the Company's SEC reporting and U.S. GAAP compliance processes. This position will be responsible for preparing and reviewing financial information, analyzing and reporting on financial results, evaluating accounting policies and serving as a resource to assist in interpreting and providing solutions to technical accounting and business issues. The position will report to the Financial Reporting Senior Manager and will work closely with the company's Corporate Accounting, Investor Relations, Legal, Accounting Policy, Treasury, Tax, and Internal Audit departments, as well as other management and external auditors. This position will be responsible for preparing and reviewing financial information, analyzing and reporting on financial results, evaluating accounting policies and serving as a resource to assist in interpreting and providing solutions to technical accounting and business issues.

Requirements

Four year degree in Accounting and/or Finance required
CPA required
Four or more years of general accounting experience in public accounting and/or corporate financial reporting with significant exposure to SEC reporting requirements
Strong accounting skills including knowledge of generally accepted accounting principles (GAAP), SEC reporting requirements and XBRL
Previous experience preparing and/or analyzing financial statements
Ability to communicate in a clear and open manner through verbal, written, and non-verbal methods
Requires mathematical skills that would be gained from a typical undergraduate accounting curriculum.
Computer skills: Microsoft Office (Excel and Word, PowerPoint), Workiva wDesk, Oracle ERP and Oracle EPM
Applicants must be currently authorized to work in the United States on a full-time basis.
Sponsorship will not be considered for this specific role.

Nice To Haves

Experience with lease accounting (ASC 842) requirements preferred
Previous experience drafting and/or reviewing notes to financial statements and other supplementary information (i.e., Management’s Discussion & Analysis [MD&A], exhibits, etc.)
Previous experience with XBRL taxonomy and tagging of financial statements and notes preferred
Previous project management experience preferred

Responsibilities

Prepare monthly, quarterly and annual financial statements, quarterly and annual earnings releases and SEC filings and annual proxy statement with limited guidance from management
Prepare and review various monthly and quarterly financial schedules, analyses, reconciliations and journal entries with limited guidance from management
Participate in and/or lead special projects (e.g. new financial reporting regulations, implementation of new accounting standards and/or systems) and meetings.
Serve as a functional expert in SEC and external reporting requirements for special projects and accounting initiatives.
Review work performed by other analyst(s) within the department
Identify and research technical accounting issues or developments, and provide necessary guidance to management or other departments
Support the external audit process, including preparation of client-prepared schedules for quarterly reviews, annual audit and SOX 404 testing, as well as maintenance of financial reporting process documentation
Ability to multi-task and complete tasks in a timely manner while balancing priorities and managing interruptions
Ability to motivate and lead others, including gaining buy-in and driving team engagement
Ability to apply business and technical knowledge to produce results and make recommendations
Ability to independently own problem analysis, determine possible solutions (with risks and rewards identified) and present to management
Ability to use own experience to train, develop and mentor other associates
Ability to motivate and influence across multiple levels of the organization and willing to challenge upwards appropriately
Ability to provide “win-win” solutions while resolving customer service issues in a positive and professional manner
Ability to build and maintain strong relationships throughout the organization