Staff Accountant, Fixed Assets

Five Below•Philadelphia, PA

1d•Onsite

About The Position

The Staff Accountant is responsible for maintaining accurate financial records, supporting the monthly close process, preparing reconciliations and journal entries, and assisting with financial reporting and compliance activities. The role has primary responsibility for fixed asset accounting, including capitalization, depreciation, transfers, disposals, and construction-in-progress (CIP) tracking, while also supporting broader corporate accounting operations such as accruals, prepaid expenses, account analysis, and audit support. The ideal candidate combines strong technical accounting skills with attention to detail, analytical ability, and a collaborative approach to working with Finance, IT, Facilities, Operations, and other business partners.

Requirements

Bachelor’s or higher degree in Accounting or Finance
Active CPA highly preferred
Active CPA or CPA eligible highly preferred
In depth knowledge of Accounting theory and application of U.S. GAAP
1 - 3 year(s) of relevant Accounting experience; Big Four experience highly preferred
Experience with working in a complex ERP system such as Oracle Fusion Cloud ERP; SEC experience a plus
Experience in technology, retail and/or e-commerce preferred
Professional and polished presence
Excellent communication skills (written and verbal)
Strong work ethic with a high degree of flexibility to work in a growth environment
Strong interpersonal skills, self-motivated, well organized and energetic
Strong understanding of journal entries, reconciliations, month-end close and financial statement relationships
Familiarity with fixed asset accounting and depreciation
Technical Accounting Research
Proficient in Microsoft Office Suite, particularly Excel

Responsibilities

Partner with various leaders across departments to provide monthly financial results, provide recommendations for improvements to business performance, and analyze accounts, operating trends & KPIs
Prepare and post recurring and non-recurring journal entries.
Support monthly, quarterly, and annual close activities and meet established deadlines.
Prepare balance sheet reconciliations and investigate reconciling items.
Analyze account activity and explain period-over-period variances.
Assist with preparation of financial statements, schedules, and management reporting packages.
Maintain the fixed asset subledger and ensure asset activity is recorded accurately and timely.
Review expenditures for capitalization in accordance with company policy and applicable accounting standards.
Record asset additions, transfers, retirements, disposals, impairments, and write-offs.
Calculate, review, and post monthly depreciation and amortization expense.
Monitor construction-in-progress (CIP) projects and facilitate timely placement of assets into service.
Partner with Finance, IT and Procurement teams to track capital projects
Review project expenditures to ensure proper accounting treatment between capital and operating expense
Assist with capital spending reporting, project closeouts and asset transfers
Cross-train in additional areas of Accounting
SEC Reporting
Internal Controls Compliance