Senior Accountant II – Wireless & Logistics

Job title: Senior Accountant II – Wireless & Logistics

Company: Best Buy

Job description: Informed decision-making is at the heart of any successful company. As a member of Best Buy Canada’s Accounting and Finance Team, you’ll get to put your knowledge of best practices into practice and play a crucial role in helping to grow our business.

The Senior Accountant for our Wireless and Logistics pillar provides the business with accurate, adequately supported financial information in accordance with U.S. GAAP. With an eye for details yet able to see the bigger picture, the Senior Accountant performs various month-end procedures in a fast-paced environment requiring sound judgment and solid analytical skills. The Senior Accountant acts as the key subject matter expert (“SME”) for assigned areas of accounting and proactively maintains strong rapport with stakeholders of all levels in order to investigate variances, expedite resolution of issues, and identify and resolve process inefficiencies.

As a Senior Accountant you will…

• Develop and maintain accuracy in the commission models within systems.
• Responsible for on-going improvement in processes to update carriers’ models in BBYC systems, decreasing and detecting anomalies in commission rates, leading weekly triage meeting with AR, IT, Retail Operations and Merchant Teams to improve overall match rates between activations and recorded AR, minimizing missed revenue scenarios.
• Develop and maintain financial controls to ensure that retail processes and system solutions record accurate activation-based compensation due from carrier partners.
• Ensure that all operational reporting ties back to POS and carrier information, ensure payment variances are researched to ensure they are not a compensation calculation or retail processing issue
• Identify activations that do not appear in other BBYC systems of record as well as a process for resolving identified delta between systems.
• Determine ongoing AR reserve rates and reserve balance required for all Subscription AR partners by determining the ongoing losses associated with original AR balances.
• Analyze all Subscription AR write-offs to identify trends and anomalies. Taking those insights and provide reporting to cross functional teams (IT, Retail, Merchant) recommending technical, operational and contractual opportunities to reduce losses.
• Be Responsible for understanding all contract and program terms and conditions between customers, carriers and BBYC.
• Pro-actively identify and perform root cause analyses regarding activation-based compensation issues. Take lead to identify and assemble key stakeholders and SMEs to expedite resolution and follow through the process to ensure the issues are resolved.
• Ensure that month end financial information is accurate and adequately supported by monitoring of activity in assigned accounts including freight costs; liaising with subject matter experts on the business side; the preparation of journal entries, variance analysis of income statement and balance sheet accounts and the completion of balance sheet account reconciliations in accordance with US GAAP and Enterprise Finance Policy to meet internal compliance requirements

We hope you are passionate about…

• Data Analytics – you are able to navigate through a complex network of data structures, pull relevant data and extract valuable insights
• Process Improvements – you are passionate about implementing changes and improving processes to benefit the team
• The details! – you have the ability to synthesize complex analyses and catch discrepancies
• Critical thinking – you have an investigative/inquisitive streak and are willing to challenge the status quo

The experience we need…

• 3 – 5 years of accounting experience at senior level
• Progressive accounting experience with a mid to large size public/private corporation
• CPA designation
• Strong systems aptitude, Advanced Excel
• Proven ability to efficiently organize and analyze large volumes of data

Bonus points…

• Experience and/or knowledge of SQL and BI tools
• Previous experience in Wireless operations.

Best Buy Canada is proud to be a pre-approved CPA program route office (PPR). We are an excellent alternative to gaining the relevant experience you need traditionally offered by public accounting firms. In a PPR position, you will gain relevant experience in to meet the practical experience requirements within the CPA certification program. We offer formal CPA training and paid time to study and write exams.

Expected salary:

Location: Burnaby, BC

Job date: Fri, 22 Jan 2021 23:41:22 GMT