Sr. Accountant (9870-43)

If you are looking to work in a large, stable, profitable, well-funded, Los Angeles based company, 99¢ Only Stores is the place for you! 99¢ Only Stores is a multi-state, extreme value retailer with nearly 13,000 employees. The Company has over $1.3 billion in annual revenue. We sell all items for 99.99¢ or less, including a wide variety of brand name and private label food and beverages, health and beauty aids, household goods and hardware, stationery and party supplies, toys and much, much more! 99¢ Only Stores is headquartered in the City of Commerce, CA, a few miles south of downtown LA. From our first store opening in 1982, the Company has expanded to over 300 stores in California, Arizona, Nevada and Texas.

Job Description

The Senior Accountant will be responsible for maintaining correct general ledger balances for assigned accounts relating to lease accounting and assist Property Accounting Manager in reviewing staffs’ accounting functions for a portfolio of leased and owned retail properties, and maintenance of the Company's fixed assets.

Responsibilities

• Work with Real Estate department to analyze and prepare monthly triple net accruals and reconciliations.
• Prepare monthly journal entries and reconciliations for all Company’s personal and real property taxes.
• Analyze new leases to determine capital vs. operating classification and other lease accounting treatment as outlined in the Company's policies and procedures.
• Assist Property Accounting Manager in reviewing staffs’ monthly journal entries and reconciliations relating to lease accounting and maintenance of fixed asset sub-ledger.
• Analyze and communicate Real Estate and Construction departmental actual versus budgeted P/L with Real Estate and Construction vice-presidents.
• Prepare capital expenditure reports for reporting purposes.
• Analyze and prepare internal capitalize labor monthly journal entries and provide related reports to Management.
• Assist Property Accounting Manager in accounting research and implementing processes relating to new lease accounting guidance.
• Assist the Fixed Asset team to reconcile store physical count of fixed assets.
• Prepare various schedules as requested by internal and external auditors.

• 3+ years of property, fixed asset, and general ledger accounting experience.
• Tier I (SAP, Oracle) or II (Lawson) accounting software proficiency preferred.
• Organized with strong time management skills
• Analytical and problem solving abilities and attention to details.
• Strong written and communication skills; ability to interact with all levels of management.
• Able to work independently with minimal supervision.
• Experience in working for retail Company with multiple locations is preferred.

Background Check: 99¢ Only Stores conducts drug screening for all selected applicants as well as a thorough background check that includes a review of credit, criminal, and motor vehicle history, confirmation of education and employment history. Only direct candidates' resumes will be accepted for this position. No phone calls or agencies please. Recruiters, please do not contact this job poster.

Others, please do not contact this job poster about other services or products. EOE