Manager - Financial Reporting

Support Center - Irving

The Manager - Financial Reporting will be responsible for managing Michaels' external and internal financial reporting process, ensuring compliance with US GAAP rules, and filing financial statements for equity holders, lenders, and internal parties. This position will also have a heavy role in technical accounting research for unusual and non-routine transactions for Michaels. This role is responsible for executing the Company’s monthly internal financial reporting processes in accordance with policies, procedures, and controls and leading, developing, and managing team members. The Manager - Financial Reporting is also responsible for continuous assessment of processes against emerging best practices, performing appropriate benchmarking, conducting process improvements, and identifying/implementing enhancements.

Major Activities

• Preparing the Quarterly and Annual Reports and managing the internal and external review of these documents. 
• Ensure proper compilation of the financial statements, including statement of cash flows.
• Ensure proper calculation of certain key metrics, including comparable store sales and adjusted EBITDA.
• Complete monthly financial statement analyses and manage the creation and distribution of internal financial reports.
• Perform technical accounting research and analysis, including standard implementations, debt extinguishments and unusual transactions.
• Maintain Essbase reporting hierarchies and ensure consistency between the Essbase and Oracle systems.  
• Analyze variances, root causes, and underlying trends in order to improve business decisions and improve forecasting.
• Manage/coach onshore team frequently to address common issues, trends, and problems and to identify innovative improvements and solutions to processes.
• Fulfill the business partnership role for financial reporting, with a focus on profit and process improvement, providing support to the management team, accounting and finance organizations, and field teams, as well as other cross-functional and cross-divisional business partners.
• Certify all internal controls over financial reporting within financial reporting on a quarterly basis.
• Prepare and review audit schedules in support of public disclosures.
• Work with internal and external auditors to ensure successful audits. E
• valuate changes in the business or systems environment that may have an impact on financial reporting. Review such changes to internal controls and procedures with the Internal Control department. Proactively address changes prior to implementation to ensure controls are not negatively impacted.
• Lead a team of accountants and support their ongoing growth and development.

Other duties as assigned

Minimum Knowledge/Skills/Abilities

Minimum Education

• Bachelor's Degree in Accounting

Minimum Special Certifications or technical skills

• CPA required
• Proficient in Excel  
• Strong knowledge of financial statements, internal controls, SOX, and US GAAP.

Minimum Type of experience the job requires

• Minimum 6+ years of experience, including technical GAAP accounting experience
• Minimum 3 years of SEC reporting experience
• Supervisory experience required

Other

• Excellent oral and written communication skills.

Preferred Knowledge/Skills/Abilities

Preferred Education

• Masters of Accountancy

Preferred Special Certifications or technical skills

• Essbase experience
• Oracle experience
• Public accounting experience is strongly preferred

Preferred Type of experience the job requires

• Retail experience

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

At The Michaels Companies Inc, our purpose is to fuel the joy of creativity. As the leading creative destination in North America, we operate over 1,300 stores in 49 states and Canada and online at

and . The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and , a dedicated handmade goods marketplace. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit 

At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit

.

Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together.

Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at

(1800-MICHAEL).

Federal FMLA Poster

Federal EPPAC Poster