Sr .Property Accountant
About The Position
The Senior Property Accountant is responsible for the accounting, reporting, and analysis of the company’s property, plant, and equipment (PP&E) and lease portfolios across all retail and corporate locations. Reporting to the PP&E Manager, this role ensures the accuracy and integrity of fixed asset records, capital project accounting, lease expense recognition, and related financial reporting. In addition, this position oversees the tracking, renewal, and compliance of business licenses for all store locations, ensuring operational readiness and adherence to regulatory requirements. The Senior Property Accountant works closely with Finance, Real Estate, Facilities, and Operations teams to support the company’s growth and compliance with GAAP and internal controls.
Requirements
- Strong proficiency in Microsoft Excel and ERP systems (NetSuite a plus).
- Excellent organizational skills and attention to detail.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Strong knowledge of GAAP, fixed asset accounting, and lease accounting (ASC 842).
- Aptitude to bring our values to life by being guest-obsessed, supporting others, taking ownership and having fun.
- Bachelor’s degree in accounting, finance, or related field (or equivalent work experience).
- 4-6 years of accounting experience, including at least 2 years focused on fixed asset or property accounting.
- Public accounting experience or exposure to audit and compliance processes preferred.
- Familiarity with commercial leases and property agreements.
Nice To Haves
- Familiarity with lease administration tools (e.g., Tango, LeaseQuery)
- Knowledge of multi-unit retail operations and distribution facilities.
- Experience with ERP-lease system integrations or system implementations.
Responsibilities
- Maintain and reconcile the fixed asset subledger, ensuring accurate capitalization, disposals, and depreciation in accordance with company policy and GAAP.
- Record and track construction-in-progress (CIP) activity for remodels and equipment installations; ensure timely transfers to fixed assets.
- Review capital expenditure requests for proper classification between capital and expense.
- Support lease accounting activities, including rent accruals, straight-line rent, and compliance with ASC 842 lease accounting standards.
- Prepare monthly journal entries, reconciliations, and schedules related to PP&E, lease liabilities, and right-of-use (ROU) assets.
- Partner with Facilities, Real Estate, and Operations teams to ensure accurate recording of property-related expenses and capital projects.
- Assist with month-end and year-end close processes, including variance analysis and management reporting.
- Support external audits by preparing detailed PP&E and lease schedules, reconciliations, and supporting documentation.
- Contribute to process improvement and automation initiatives related to asset management, reporting, and lease tracking.
- Collaborate with the PP&E Manager to ensure compliance with internal controls and consistent application of accounting policies.
- Manage all business license requirements for store locations, including tracking expiration dates, submitting renewals, maintaining documentation, and ensuring compliance with city, county, and state regulations.
- Partner with Operations and Real Estate teams to ensure new store openings and relocations meet all licensing requirements prior to launch.
- Assist with audits and provide necessary documentation to auditors.
- Perform other duties as necessary.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
