Director, Accounting (Fixed Assets & Leasing)

at Walgreens in DEERFIELD, Illinois, United States

Job Description

Job Description:

Job Summary

We are seeking an experienced Director of Accounting specializing in Fixed Assets and Lease Accounting to join Walgreens Accounting team. As a key leader, you will oversee the accurate and compliant recording, reporting, and management of fixed assets and lease transactions. Your role will be pivotal in ensuring financial integrity, strategic decision-making support, and adherence to accounting standards within our organization.

1. Strategic Leadership:

2. Develop and implement strategies for fixed assets and lease accounting that align with corporate goals and financial objectives.

3. Provide expert guidance and recommendations to senior management on accounting treatments, policies, and procedures related to fixed assets and leases.

4. Financial Reporting:

5. Oversee the preparation and review of financial statements and disclosures related to fixed assets and leases in accordance with GAAP and regulatory requirements.

6. Ensure accurate and timely reporting of depreciation, amortization, impairment, and other related transactions.

7. Compliance and Control:

8. Maintain and enhance internal controls over fixed assets and lease accounting processes.

9. Ensure compliance with relevant accounting standards (e.g., ASC 842, ASC 360) and regulatory requirements.

10. Coordinate internal and external audits related to fixed assets and leases.

11. Process Improvement:

12. Identify opportunities for process improvements and automation in fixed assets and lease accounting functions.

13. Implement best practices to streamline workflows and enhance efficiency in recording and reporting.

14. Team Management and Development:

15. Lead, mentor, and develop a high-performing team of accounting professionals.

16. Foster a culture of continuous learning, growth, and accountability within the accounting department.

17. Collaboration and Communication:

18. Partner with cross-functional teams including finance, legal, operations, and real estate to support business initiatives and transactions.

Job Responsibilities

+ Directly leads and owns a designated functional area of Accounting with meaningful size and/or supports a single business unit with meaningful size and financial contribution to the organization.

+ Directs and controls the general accounting activities, including recording company transactions, classifications, and reconciliation of account balances in accordance with GAAP and company policy.

+ Establishes project teams, assigns responsibilities, and facilitates meetings to ensure timely goal attainment.

+ Mentors, coaches, and develops employees through orientation, training, establishment of objectives, communication of policies and rules, and constructive discipline; builds morale and motivation. May be responsible for managing retained and outsourced staff and for providing successful service levels according to the defined Statement of Work established by the Company’s management team.

+ Prepares management reports and participates in presenting monthly accounting results to senior management.

+ Supports the development and implementation of accounting systems and controls; directs the documentation of accounting procedures; ensures implementation of requisite system changes to support the business units and new programs.

+ Ensures compliance with accounting principles and adherence with company policy in the business units; implements new policies and changes based on the recommendation and research provided by the Corporate Accounting External Reporting and Research group.

+ Plans, recommends and implements the annual expense and capital budgets.

+ Works with the external public accountants in planning and executing the annual audit for Walgreens’ business units.

+ Partners with other areas within Accounting to ensure the proper recording of business transactions.

+ Leads Accounting Managers or other support staff as necessary for department operations. Builds employee engagement, morale and motivation. Teaches and trains business partners in all accounting matters to help raise accounting acumen within department.

+ Actively participates in VCS organization planning and development activities .

About Walgreens and WBA

Walgreens (www.walgreens.com) is included in the U.S. Retail Pharmacy and U.S. Healthcare segments of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), an integrated healthcare, pharmacy and retail leader with a 170-year heritage of caring for communities. WBA’s purpose is to create more joyful lives through better health. Operating nearly 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving nearly 10 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services, including those that drive equitable access to care for the nation’s medically underserved populations. To best meet the needs of customers and patients, Walgreens offers a true omnichannel experience, with fully integrated physical and digital platforms supported by the latest technology to deliver high-quality products and services in communities nationwide.

The actual salary an employee can expect to receive, plus bonus pursuant to the terms of any bonus plan if applicable, will depend on experience, seniority, geographic location, and other factors permitted by law. To review benefits, please visit jobs.walgreens.com/benefits.

“An Equal Opportunity Employer, including disability/veterans”.

Job ID: 1434378BR

Title: Director, Accounting (Fixed Assets & Leasing)

Company Indicator: Walgreens

Employment Type:

Job Function: Finance/Accounting

Full Store Address: 108 WILMOT RD,DEERFIELD,IL 60015

Full District Office Address: 108 WILMOT RD,DEERFIELD,IL,60015-05145-01108-2

External Basic Qualifications:

+ Bachelor’s degree and at least 6 years of experience in finance, accounting, business management, or audit or High School Diploma/GED and at least 9 years of experience in finance, accounting, business management, or audit.

+ Experience working with financial accounting regulations.

+ Experience with GAAP and financial statement analysis, preparation, and reporting.

+ Experience in identifying operational issues and recommending and implementing strategies to resolve problems.

+ Experience developing and delivering presentations to various audience levels within an organization.

+ Intermediate level skill in Microsoft Excel (for example: using SUM function, setting borders, setting column width, inserting charts, using text wrap, sorting, setting headers and footers and/or print scaling).

+ Intermediate level skill in Microsoft Word (for example: inserting headers, page breaks, page numbers and tables and/or adjusting table columns).

+ Intermediate level skill in Microsoft PowerPoint (for example: applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and/or formatting font).

+ At least 2 years of experience contributing to financial decisions in the workplace.

+ At least 3 years of direct leadership, indirect leadership and/or cross functional team leadership

+ Willing to travel up to 15% of the time for business purposes (within state and out of state).

Preferred Qualifications:

+ Bachelor’s degree and at least 8 years of experience in an analytical role in finance, accounting, business management, or audit or High School Diploma/GED and at least 11 years of experience in an analytical role in finance, accounting, business management, or audit.

+ Master’s degree in Accounting