Staff Accountant, Assets

Position: Staff Accountant, Fixed Assets
At Five Below our growth is a result of the people who embrace our purpose:
We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 27,000 associates who work at Five Below and they'll tell you there's no other place like it.

It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.

It's all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!

Job Summary

The Staff Accountant is responsible for maintaining accurate financial records, supporting the monthly close process, preparing reconciliations and journal entries, and assisting with financial reporting and compliance activities. The role has primary responsibility for fixed asset accounting, including capitalization, depreciation, transfers, disposals, and construction-in-progress (CIP) tracking, while also supporting broader corporate accounting operations such as accruals, prepaid expenses, account analysis, and audit support.

The ideal candidate combines strong technical accounting skills with attention to detail, analytical ability, and a collaborative approach to working with Finance, IT, Facilities, Operations, and other business partners.

Job Responsibilities

* Partner with various leaders across departments to provide monthly financial results, provide recommendations for improvements to business performance, and analyze accounts, operating trends & KPIs

* General Accounting and Close Support

* Prepare and post recurring and non-recurring journal entries.

* Support monthly, quarterly, and annual close activities and meet established deadlines.

* Prepare balance sheet reconciliations and investigate reconciling items.

* Analyze account activity and explain period-over-period variances.

* Assist with preparation of financial statements, schedules, and management reporting packages.

* Fixed Asset Accounting (Primary Ownership Area)

* Maintain the fixed asset subledger and ensure asset activity is recorded accurately and timely.

* Review expenditures for capitalization in accordance with company policy and applicable accounting standards.

* Record asset additions, transfers, retirements, disposals, impairments, and write-offs.

* Calculate, review, and post monthly depreciation and amortization expense.

* Monitor construction-in-progress (CIP) projects and facilitate timely placement of assets into service.

* Capital Projects & Business Partner Support

* Partner with Finance, IT and Procurement teams to track capital projects

* Review project expenditures to ensure proper accounting treatment between capital and operating expense

* Assist with capital spending reporting, project closeouts and asset transfers

* Cross-train in additional areas of Accounting

* SEC Reporting

* Internal Controls Compliance

Schedule and Work Environment

As a growing and dynamic organization, we are seeking candidates who are adaptable, deadline-oriented, and able to thrive in a fast-paced environment. The accounting team operates on a monthly close cycle, with the first two weeks of each month focused on accurately closing the books and delivering timely financial results to key stakeholders across the organization.

The remainder of the month is dedicated to value-added activities, including financial analysis, process improvement initiatives, and enhancing the efficiency and effectiveness of accounting operations. During quarter-end and year-end periods, priorities shift toward external financial reporting, compliance requirements, audit support, and other critical reporting obligations.

Qualifications

* Bachelor's or higher degree in Accounting or Finance Active CPA highly preferred

* Active CPA or CPA eligible highly preferred

* In depth knowledge of Accounting theory and application of U.S. GAAP

* 1 - 3 year(s) of relevant Accounting experience;
Big Four experience highly preferred

* Experience with working in a complex ERP system such as Oracle Fusion Cloud ERP; SEC experience a plus

* Experience in technology, retail and/or e-commerce preferred

Interpersonal

Skills:

* Professional and polished presence

* Excellent communication skills (written and verbal)

* Strong work ethic with a high degree of flexibility to work in a growth environment

* Strong interpersonal skills, self-motivated, well organized and energetic

Technical

Skills:

* Strong understanding of journal entries, reconciliations, month-end close and financial statement relationships

* Familiarity with fixed asset accounting and depreciation

* Technical Accounting Research

* Proficient in Microsoft Office Suite, particularly Excel

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