Grocery Outlet · 2 weeks ago
Sr. Accountant - Fixed Assets
Grocery Outlet is a company focused on providing value to bargain-minded consumers. The Sr. Accountant - Fixed Assets will support the finance department by managing fixed asset disposals, preparing journal entries, and ensuring compliance with accounting standards.
Food and BeverageGroceryRetail
Responsibilities
Review and process fixed asset disposals in SAP, ensuring proper accounting treatment in accordance with US GAAP and company capitalization policies
Collaborate with Real Estate, Construction, and Accounts Payable teams to validate supporting documentation (e.g., invoices, POs, CERs) for asset disposals and retirements
Prepare monthly fixed asset journal entries, including reclasses, accruals, transfers, and depreciation adjustments, ensuring proper audit support
Analyze and prepare entries related to capitalized interest, accelerated depreciation, and asset transfers for store closures and real estate projects
Perform regular reconciliations between the SAP fixed asset subledger and the general ledger to maintain integrity of asset balances
Support month-end close activities, including rollforwards, reconciliations, and flux/variance analysis
Partner with the Internal Audit team to ensure disposals and supporting documentation comply with internal controls and SOX requirements
Assist with fixed asset additions by validating supporting documentation (e.g., invoices, POs, CERs) and preparing SAP entries to ensure accurate capitalization of assets in accordance with company policy and US GAAP
Provide documentation and audit support for quarterly and year-end reviews, including detailed schedules for asset disposals and related entries
Participate in process improvement initiatives to streamline asset disposal workflows, documentation, and controls
Serve as a subject matter resource for the SAP Fixed Asset module related to disposals, retirements, and impairment entries
Provide backup support for other Fixed Asset team functions, including depreciation runs and reconciliations, as needed
Qualification
Required
Bachelor's Degree
3 years of experience, preference to combination of both private industry and public accounting
Strong knowledge of current US GAAP
Detail-oriented and problem-solving skills, Ability to pivot on topics and projects quickly and effectively
Outstanding interpersonal, communication, and business partnering skills with demonstrated ability to work cross functionally and at various levels within a company
Excellent time management skills and the ability to meet deadlines and operate with a sense of urgency
Fast learner who is willing to learn and can quickly understand new concepts
Excellent computer skills with MS Office Software including Excel and Word
Preferred
Experience with SAP S4 Hana and Fiori is a plus
Benefits
Annual Bonus Program
Equity
401(k) Profit Sharing
Medical, Dental, Vision & More!
Company
Grocery Outlet
The largest “extreme-value” grocer in the U.S. We have more than 200 locations in CA, ID, NV, OR, PA Washington.
H1B Sponsorship
Grocery Outlet has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (5)
2024 (5)
2023 (4)
2022 (5)
2021 (1)
2020 (3)
Funding
Current Stage
Public CompanyTotal Funding
$439M2019-10-01Post Ipo Equity· $439M
2019-06-20IPO
Recent News
Yahoo Finance
2025-12-01
2025-11-07
Company data provided by crunchbase