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Sr Accounting Supervisor

Company: 7-Eleven
Location: Irving
Posted on: December 5, 2019

Job Description:

Overview Who we areImagine working in a place where continuous improvement and innovation is celebrated and rewarded; where fast-paced, high-impact teams come together to positively drive results for one of the largest & most iconic brands in the world.As the only rapidly growing retailer, you may know us as your friendly neighborhood store. You probably know our familiar name, have seen our pervasive logo, and have tried our highly sought-after products, such as Slurpee-- and Big Bite--. "Brain Freeze" is a 7-Eleven registered trademark for our 53-year old Slurpee-- and with over 67,000 stores globally (more than any other retailer or food service provider), we sell over 14 million a month.But there's a lot more to our story and much more left to be written. We are transforming our business, ensuring we are customer obsessed and digitally enabled to seamlessly link our brick and mortar stores with digital products and services.At 7-Eleven the entrepreneurial spirit is in our DNA and has been ever since our inception 90+ years ago. It's what drove us to invent the convenience industry in 1927 by envisioning how a simple ice dock could provide household staples such as milk and eggs to better serve the needs of our customers.Today we are redefining convenience and the customer experience in big ways...we are fundamentally changing our culture and we want talented, innovative, customer obsessed, and entrepreneurial people like you to come make history with us. How we leadAt 7-Eleven we are guided by our Leadership Principles.Be Customer ObsessedBe Courageous with Your Point of ViewChallenge the Status QuoAct Like an EntrepreneurHave an "It Can Be Done" AttitudeDo the Right ThingBe AccountableEach principle has a defined set of behaviors which help guide the 7-Eleven team to Serve Customers and Support Stores. About This OpportunityThe position will be responsible for ensuring Generally Accepted Accounting Principles (GAAP) are properly applied to a variety of complex issues in a retail business environment. Relevant accounting topics include income recognition, A/R & inventory valuation, and intercompany transactions.ResponsibilitiesSupport key Merchandise Accounting functions as needed, including month end close (Merchandise AR, Cash Applications, Vendor AP, etc.).Accounting oversight and reporting for vendor invoices that are greater than 90 days old.Develop and document a keen understanding of various complex business transactions and the corresponding accounting implications by reviewing contracts, interviewing internal & external stakeholders, and consulting the relevant accounting guidance.Prepare written summaries of the appropriate accounting principles that should be applied to various business transactions.Discuss recommendations with accounting management, especially relevant to changes which will improve the accuracy and / or efficiency of existing processes.Assist accounting management in educating supervisory and clerical staff on accounting principles and the real-world application of those principles to daily and monthly processes.Respond to monthly, quarterly, and annual audit requests from internal and external auditors.Maintain process flow documentation to aid in SOX compliance.Work closely with Financial Reporting to share information and ideas pertaining to changes in accounting guidance and / or business processes.Prepare and / or review monthly journal entries and account reconciliations to ensure accuracy, sufficient supporting documentation, and compliance with GAAP.QualificationsEducation: Masters CPA Experience: 5+, GAAP, Process improvements.Strong analytical and problem-solving skills are required to understand and appropriately respond to a variety of business process issues.Strong written and oral communication skills are required to prepare process documentation, summarize recommendations for review by various levels of accounting management, and resolve variousvendor.Strong computer skills in both legacy mainframe and PC applications.Microsoft Office programs (Word and Excel) are heavily used.In depth, GAAP knowledge is critical.#LI-AB1

Keywords: 7-Eleven, Irving , Sr Accounting Supervisor, Other , Irving, Texas

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