Sr. Accountant & Financial Analyst
Tire Discounters
Senior Accountant & Financial Analyst
Tire Discounters, the nation's largest family-owned and operated tire business, was founded almost 50 years ago. We are dedicated to providing exceptional automotive service with a focus on transparency and care to our nearly 2,300 team members, we offer diverse career paths, industry-leading training, and a commitment to our core values.
As a family-owned tire and automotive service retailer, our mission is to prioritize people and safety above all else. We are dedicated to delivering a "WOW" experience to our customers and team members, with a commitment to always do the right thing and challenge the status quo.
The Senior Accountant & Financial Analyst is responsible for ensuring the accuracy of accounting records through regular maintenance of the general ledger and reconciliation of subsidiary accounts for the assigned business accounts. In addition to day-to-day accounting tasks such as reviewing and recording revenues, expenses, and margins in the proper accounting periods, the individual will prepare comprehensive financial statements and reports, with responsibilities such as analyzing financial performance, identifying and researching variances against budgets, prior periods, and previous years and offering detailed insights into financial trends all of which are essential to understanding key drivers of business performance.
The role also involves working closely with cross-functional teams, requiring strong communication skills to ensure a clear understanding of business segments, needs, goals, and financial objectives. The Senior Accountant & Financial Analyst will actively support financial forecasting, assist in preparing annual budgets, and contribute to strategic financial planning initiatives, making recommendations that enhance overall financial performance.
Essential Functions:
Accounting Functions:
- Prepare financial statements, income statements, cash flow statements, balance sheets, and budgets.
- Maintain general ledger, prepare, enter, and post journal entries to ensure accurate record-keeping.
- Compile and analyze bank account reconciliations, ensure all transactions are accounted for and discrepancies are resolved.
- Prepare and review monthly account reconciliations, support the accuracy of financial statements by validating and reconciling account balances.
- Maintain specific audit worksheets and prepare documentation required for various types of audits.
- Adhere to the monthly close calendar and ensure timely completion of accounting tasks and reporting deadlines.
- Implement, maintain internal controls and establish procedures to safeguard company assets and ensure financial integrity.
Financial Analysis Functions:
- Conduct financial and operational analysis to help analyze revenues and margins, providing commentary and value-added recommendations for improving financial performance.
- Create standardization and efficiencies within financial reporting and analysis.
- Support the Corporate Controller and CFO with additional financial insights and analyses as needed.
- Conduct variance analysis by comparing actual financial performance to budgeted figures, identifying trends and anomalies for management review.
- Create forecasting and budgeting models to support business decision-making.
- Prepare reports and presentations for management meetings, summarizing financial data and performance metrics.
- Track and analyze KPIs relevant to the business segments to assess operational efficiency and profitability.
Cross-Functional Duties:
- Work closely with various departments to provide financial insights and recommendations that align with operational goals.
- Engage in cross-functional projects that require financial expertise to ensure financial considerations are integrated into strategic initiatives.
- Perform other duties as requested by Corporate Controller and CFO.
Knowledge, Skills, and Abilities:
- Strong understanding of accounting principles, with practical knowledge of Generally Accepted Accounting Principles (GAAP) and their application in real-world scenarios.
- In-depth knowledge of financial statement components, including balance sheets, income statements, and cash flow statements, and their interrelationships.
- Ability to analyze financial data, identify variances, research underlying causes, and formulate actionable recommendations to improve financial performance.
- Ability to convey financial information clearly and concisely, both verbally and in writing, to diverse audiences.
- Capacity to thrive in a fast-paced, team-oriented environment, contributing to collaborative, high-performance workgroups.
- Exceptional organizational abilities to manage multiple tasks, prioritize effectively, and meet deadlines in a dynamic work setting.
- Strong commitment to delivering outstanding service to external clients, internal stakeholders, and suppliers, fostering positive relationships.
- Ability to work independently with minimal supervision, demonstrating efficiency and initiative in completing tasks and achieving objectives
- Proficiency in Accounting software and advanced skills in Microsoft Excel and Word.
- High ethical standards and ability to handle sensitive financial information with confidentiality.
Education and Work Experience:
- Bachelor's degree in Accounting or Finance is required; CPA certification is preferred and advantageous.
- Minimum of 3 to 5 years' experience in accounting and financial analysis.
- Accounting or Finance experience in automotive, logistics or retail industry is preferred.
Physical Demands:
- Operates in both an office setting and within our retail operations.
- Routinely uses standard office equipment such as computers and phones.
- Walking, standing, sitting, listening, and talking on a wide variety and continual basis.
- Required to stand, walk, use hands and fingers, handle and/or feel; lift/carry up to 25 pounds, and reach with hands and arms.
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