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Accountant II - Corporate Accounting

Company: Jack In the Box
Location: San Diego
Posted on: March 28, 2020

Job Description:

9330 Balboa Ave
San Diego, CA, 92123, US

POSITION SUMMARY:

Responsible for performing various accounting activities related to leases and franchise revenue, including account activity analysis, journal entry postings, reconciliations, and--responding to and resolving inquiries from internal and external customers.

KEY DUTIES/RESPONSIBILITIES:

  • Reviews lease and franchise agreements and determines proper accounting treatment is applied to each contract type, including: finance versus operating lease classification and any language within the agreements with financial implications. Verifies that information is appropriately entered into the Lease Accounting system, including the appropriate calculation of lease liability and ROU asset in accordance with ASC 842.--
    • Manages and maintains the Lease Accounting system. Designs and creates reports to meet business needs and provides guidance to other members of the team regarding best practices and trouble-shooting. Works with the System Administrator to maintain a current and accurate listing of ongoing system issues and projects. --
      • Prepares journal entries and account reconciliations related to moderately complex accounts. Works cross-functionally with outside departments to determine appropriate assumptions are being used. Identifies and researches variances, initiates corrections/adjustments.----
        • Calculates monthly franchise revenue. Ensures that any and all changes related to rates and amounts owed by franchisees are properly captured. Performs analytics over system generated amounts to verify accuracy and completeness. Identifies and resolves any discrepancies.--------------------------------------
          • Assists with the preparation of 10-K data related to leases and franchise revenue, provides data assumptions used for budgeting purposes, and other analysis--
            • Assist with all intricacies of the securitization, including preparation and processing intercompany journal entries and working closely with other accounting and finance departments.

              • Participate in ad-hoc projects related to Lease or Franchise Accounting that may have a financial impact to the company.

                • Responds to inquiries from internal and external groups, including Real Estate and Franchise Legal, Real Estate Development, External and Internal Auditors, property owners and franchisees.

                  • Performs other related duties, tasks and responsibilities as assigned.

                    QUALIFICATIONS:

                    Education - Bachelor's degree or equivalent, preferably in Accounting, Finance, or related field.
                    Experience - 2+ years of related accounting or financial analysis experience. Lease Accounting experience preferred.
                    Skills/Knowledge/Abilities - Strong knowledge of accounting/financial concepts and techniques. Solid mainframe and personal computer skills, including proficient knowledge of MS Office Suite, specifically Excel. Excellent oral and written English communication skills, interpersonal skills, and organizational skills. Familiarity with Oracle and Lucernex Retail is a plus.--Demonstrates integrity and ethical behavior.

Keywords: Jack In the Box, San Diego , Accountant II - Corporate Accounting, Accounting, Auditing , San Diego, California

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