Senior Manager, Technical Accounting & Fixed Assets

RaceTrac Company Overview

Job Description:

The Senior Manager of Technical Accounting and Fixed Assets supports the organization’s strategic and operational objectives by delivering accurate, timely financial and fixed asset reporting and analysis. This role is responsible for overseeing technical accounting matters; developing, implementing, and maintaining accounting policies, procedures, and controls; and ensuring compliance with applicable accounting standards and internal requirements. The Senior Manager provides leadership and oversight to the technical accounting team and the fixed assets team, fostering team development and operational excellence. This position also directs the execution and successful completion of all financial statement audits while ensuring the integrity of financial reporting and fixed asset accounting processes.

What You'll Do:

• Obtains and maintains up-to-date knowledge of all financial reports and general ledger structures

• Ensures an accurate and timely monthly, quarterly, and year end close

• Leads and manages the year end audit process

• Ensures that Bank Compliance activities are accurately executed in a timely manner

• Collaborates with other department managers to support the overall goals and strategies of the organization

• Monitors and analyzes department work to help in the development of more efficient procedures and use of resources while maintaining a high level of accuracy

• Serves as a secondary reviewer of account reconciliations

• Advises team members on the handling of non-routine reporting transactions

• Responds to inquiries from the Executive Director of Accounting, Vice President of Accounting and other finance and firm wide managers regarding financial results and special reporting requests

• Provides training to new and existing team members as needed aiding in the professional development of individual accounting employees and the accounting department as a whole

• Leads special projects and workflow process improvements as needed

• Research and documentation of technical accounting matters

• Reviews calculation for capitalized salaries and interest.

What We're Looking For:

• Bachelor's degree from four-year College or University with a degree in accounting

• CPA preferred

• 8+ years accounting experience

• Experience with supervising direct reports

• Experience with Fixed Asset Accounting

• Strong understanding and working knowledge of US GAAP

• MS Office Suite experience, particularly Excel

• Workday software experience is a plus

Fueled by Growth, Driven by You

At RaceTrac, our people make the difference. Whether you’re working in a store, at our corporate office, or on the road, you’ll be part of a team that brings energy, innovation, and a passion for serving others every day. We support each other, celebrate wins big and small, and create opportunities for growth at every level. With four operating divisions RaceTrac, RaceWay, Energy Dispatch, and Gulf - there’s always a new challenge to take on and a new path to pursue. Join us and discover how far your career can go. 

To see what #LifeatRaceTrac is like, visit our LinkedIn, Facebook, and Instagram pages.

All qualified applicants will receive consideration for employment with RaceTrac without regard to their race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

Responsibilities:

• Lead the preparation and analysis of financial statements, reports, and disclosures related to technical accounting areas, including fixed assets, depreciation, amortization, impairments, and lease accounting.
• Ensure compliance with GAAP (Generally Accepted Accounting Principles), regulatory requirements, and accounting standards (e.g., ASC 842, ASC 350) in financial reporting and disclosures.
• Research, interpret, and apply technical accounting standards and pronouncements (e.g., FASB, IFRS) to complex accounting issues, transactions, and business activities.
• Develop and maintain accounting policies, practices, and procedures related to fixed assets, capitalization, depreciation, impairment testing, and lease accounting in accordance with accounting standards and regulatory requirements.
• Collaborate with cross-functional teams, including legal, tax, finance, and operations, to address accounting implications of transactions, contracts, and business initiatives.
• Oversee the fixed assets accounting process, including asset acquisitions, disposals, transfers, capitalization, depreciation calculations, and impairment assessments.
• Maintain accurate records of fixed assets, including asset registers, depreciation schedules, reconciliation of accounts, and periodic physical asset verifications.
• Perform analysis of fixed assets utilization, return on investment (ROI), and asset lifecycle management to support capital budgeting, asset optimization, and strategic decision-making.
• Manage and mentor a team of financial accounting professionals, including hiring, training, performance evaluations, and career development.
• Provide guidance, support, and expertise to team members in technical accounting matters, financial reporting requirements, and accounting policy compliance.
• Foster a culture of collaboration, integrity, and continuous improvement within the financial accounting team to enhance productivity, efficiency, and professional growth.
• Coordinate and support internal and external audits, including financial statement audits, SOX compliance audits, and regulatory examinations related to technical accounting and fixed assets.
• Ensure audit readiness, prepare audit schedules, respond to audit inquiries, and implement audit recommendations to strengthen internal controls, processes, and financial reporting integrity.

Qualifications:

All qualified applicants will receive consideration for employment with RaceTrac without regard to their race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.