Senior Accountant - Leases at Best Buy in Minneapolis, Minnesota

Job Description:

<span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">The<b> Senior Accountant - Leases </b>will be primarily responsible for supporting Best Buy's Domestic lease portfolios. The senior accountant ensures that all leases are properly identified, classified, recorded, and documented appropriately under the lease accounting standard. The role provides a great opportunity for personal growth and development for an individual to showcase and develop expertise around lease accounting standards and visibility to many layers of the business and management team. A successful candidate will have had exposure to researching the accounting guidance and being able to own their work through completion.<br><br>This role is remote eligible, which means you would work virtually from home or another non-Best Buy location.<br><br><b>What you'll do </b></span></span></span><ul><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Review and monitor building lease agreements in close partnership with the real estate team and properties FP&A</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Ensure lease renewals and related calculations are accurate and properly updated as new information is obtained</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Month-end close responsibilities (journal entries, account reconciliations, SOX testing, etc.)</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Compile and review the leases financial reporting schedules used for internal reporting and external filings (10-Q/Ks)</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Research technical accounting issues related to leases, document conclusions and recommend accounting treatment to ensure internal and external reporting requirements are met</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Provide insight to the real estate team and properties FP&A regarding the accounting impacts of lease decisions</span></span></span></span></li></ul><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"> <br><b>Basic Qualifications:</b></span></span></span><ul><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">1.5+ years of work experience in an Accounting or Finance capacity</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Intermediate Microsoft Excel skills</span></span></span></span></li></ul><br><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Preferred Qualifications:</b></span></span></span><ul><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Bachelor's degree in accounting, finance, economics, business or related field</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">In lieu of a Bachelor's degree, 3+ years' experience in accounting, finance, economics, business, or related field (in addition to the work experience required under basic qualifications for a total of 5+ years) </span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">GAAP accounting knowledge and an ability to research questions as they arise</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Strong understanding of accounting processes and internal controls, with an ability to identify and address weaknesses in controls</span></span></span></span></li></ul><br><br><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>What's in it for you</b><br>We're committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it, especially key moments in your life.<br>Our benefits include:</span></span></span><ul><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Competitive pay</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Generous employee discount</span></span></span></span></li><li style="margin-bottom:11px"><span style="font-size:11pt"><span style="tab-stops:list .5in"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Physical and mental well-being support</span></span></span></span></li></ul><br><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>About us</b><br>As part of the Best Buy team, you'll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life - in our stores, online and in customers' homes.<br><br>Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We're committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here.™<br><br>Best Buy is an equal opportunity employer.</span></span></span>PandoLogic. Keywords: Senior Accountant, Location: Minneapolis, MN - 55423