Accounting Manager - Remote
Job Title
Accounting Manager - Remote
Job Category
Finance Group
Store Number or Department
900010 Corporate 1 MN
Job Description
The Accounting Manager is a key member of the Corporate Accounting team responsible for accounting for equity and treasury related activities. The position entails project/initiative-based work reflecting the changing business environment and the need to drive process improvements and efficiencies. It therefore requires both a strong grasp of accounting guidance, processes and controls, and an ability to listen to customer's needs and mobilize the team to drive solutions. A successful candidate will have a proven track record managing complex accounting concepts and managing a team of accounting professionals.
This role is remote eligible, which means you would work virtually from home or another non-Best Buy location.
The following are the key responsibilities of the role:
1. Lead and develop a team of two senior accounting analysts
2. Lead the accounting of equity-related activities, including the 10-Q/10-K related footnote disclosures for ASC 718 - Stock-based compensation, ASC 260 - Earnings per share and ASC 505 - Equity
3. Oversight of accounting for treasury activities (debt, hedging, investments and cash equivalents), including related 10-Q/10-K footnote disclosures
4. Oversight of accounting for renewable energy investments, including review of accounting models for consistency with consolidation and equity method investment guidance in ASC 810 and ASC 323, respectively
5. Ongoing quarterly impairment analysis and accounting assessments
6. Coordination, preparation, and review of monthly and quarterly statement of cash flows and associated commentary
7. Responsibility for internal controls associated with areas of oversight
8. Liaison with Treasury, Tax, Controllership, HR, FP&A and Legal to facilitate and support business changes & accounting-related projects
9. Drive efficiencies and process improvements through automation
Basic Qualifications:
• 5 or more years of relevant accounting/finance experience
• Intermediate Microsoft Excel skills
Preferred Qualifications:
• Experience in applying GAAP to large company situations and an ability to research questions as they arise
• Understanding of accounting processes and internal controls, with an ability to identify and address areas of improvement
• CPA and/or MBA
• Knowledge of Oracle, OneStream, Fidelity, and/or another ERP end-to-end accounting/reporting system
• Knowledge and understanding of Long-term incentive ("LTI") award agreements
• Bachelor's degree or 8+ years of experience in Accounting, Finance, Economics, Business or related field
• 2+ years of project management or experience influencing without authority
Req #
871166BR
Address Line 1
7601 Penn Avenue South
City
Richfield
State
MN
Zip
55423
Job Level
Manager
Employment Category
Full time
Brand
Best Buy
Search Categories
Corporate, Finance and Accounting
Minimum Pay ($)
75600
Maximum Pay ($)
134900
Accounting Manager - Remote
Job Category
Finance Group
Store Number or Department
900010 Corporate 1 MN
Job Description
The Accounting Manager is a key member of the Corporate Accounting team responsible for accounting for equity and treasury related activities. The position entails project/initiative-based work reflecting the changing business environment and the need to drive process improvements and efficiencies. It therefore requires both a strong grasp of accounting guidance, processes and controls, and an ability to listen to customer's needs and mobilize the team to drive solutions. A successful candidate will have a proven track record managing complex accounting concepts and managing a team of accounting professionals.
This role is remote eligible, which means you would work virtually from home or another non-Best Buy location.
The following are the key responsibilities of the role:
1. Lead and develop a team of two senior accounting analysts
2. Lead the accounting of equity-related activities, including the 10-Q/10-K related footnote disclosures for ASC 718 - Stock-based compensation, ASC 260 - Earnings per share and ASC 505 - Equity
3. Oversight of accounting for treasury activities (debt, hedging, investments and cash equivalents), including related 10-Q/10-K footnote disclosures
4. Oversight of accounting for renewable energy investments, including review of accounting models for consistency with consolidation and equity method investment guidance in ASC 810 and ASC 323, respectively
5. Ongoing quarterly impairment analysis and accounting assessments
6. Coordination, preparation, and review of monthly and quarterly statement of cash flows and associated commentary
7. Responsibility for internal controls associated with areas of oversight
8. Liaison with Treasury, Tax, Controllership, HR, FP&A and Legal to facilitate and support business changes & accounting-related projects
9. Drive efficiencies and process improvements through automation
Basic Qualifications:
• 5 or more years of relevant accounting/finance experience
• Intermediate Microsoft Excel skills
Preferred Qualifications:
• Experience in applying GAAP to large company situations and an ability to research questions as they arise
• Understanding of accounting processes and internal controls, with an ability to identify and address areas of improvement
• CPA and/or MBA
• Knowledge of Oracle, OneStream, Fidelity, and/or another ERP end-to-end accounting/reporting system
• Knowledge and understanding of Long-term incentive ("LTI") award agreements
• Bachelor's degree or 8+ years of experience in Accounting, Finance, Economics, Business or related field
• 2+ years of project management or experience influencing without authority
Req #
871166BR
Address Line 1
7601 Penn Avenue South
City
Richfield
State
MN
Zip
55423
Job Level
Manager
Employment Category
Full time
Brand
Best Buy
Search Categories
Corporate, Finance and Accounting
Minimum Pay ($)
75600
Maximum Pay ($)
134900
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