Shoe Carnival (NASDAQ: SCVL) seeks an Accountant, Leases & Fixed Assets to manage lease accounting under ASC 842 for 400+ store locations and oversee fixed asset accounting. This role reports to the Manager, Financial Accounting & Reporting and is critical to maintaining compliance with lease accounting standards and supporting the company's growth initiatives. The position is based at our Fort Mill, SC headquarters.
The company operates two retail banners—Shoe Carnival and Shoe Station—and is executing an aggressive rebanner strategy that will convert the majority of stores to the Shoe Station format. Combined with an active M&A strategy, this means steady lease activity: new stores, closures, modifications, and acquired portfolios. You'll be the go-to expert for how all of this flows through the financials.
Key Responsibilities
- Maintain ASC 842 lease accounting for 400+ operating and finance leases, ensuring accurate calculation of ROU assets and lease liabilities
- Coordinate with the real estate team, processing new leases and lease amendments, and early terminations
- Work with senior leadership on setting appropriate lease term, renewal options, useful life of leasehold improvements and discount rate selection
- Prepare lease-related disclosures for 10-K, 10-Q, and other SEC filings
- Work with FP&A ensuring impacts of leases and fixed assets is appropriately budgeted and forecasted
- Manage fixed asset accounting including capitalization policy application, GAAP and tax depreciation calculations, and asset disposals
- Support new store openings and rebanner conversions with lease setup and capital asset tracking
- Perform lease impairment analyses for underperforming locations as required
- Support acquisition integration by onboarding acquired lease portfolios and fixed assets
- Prepare monthly reconciliations and support external audit requests for lease and fixed asset areas
- Coordinate with real estate team to maintain lease accounting software and ensure data integrity across systems
Required Qualifications
- Bachelor's degree in Accounting
- 3+ years of accounting experience with hands-on ASC 842 lease accounting responsibility
- Strong working knowledge of lease accounting standards including lease classification, modification accounting, income tax considerations, and discount rate methodology
- Fixed asset accounting experience including capitalization, depreciation, and disposal accounting
- Experience with fixed asset accounting software (Great Plains or similar) preferred
- Experience with lease accounting software (Tango, LeaseQuery, CoStar, or similar) preferred
- Retail or multi-location industry experience a plus
- Strong Excel skills and meticulous attention to detail
Who You Are
Beyond technical accounting skills, we're looking for someone who embodies these attributes:
- Critical Thinking: Lease accounting requires judgment—lease term assumptions, discount rates, modification vs. new lease treatment. You analyze contracts carefully, identify the accounting issues, and reach well-reasoned conclusions rather than defaulting to 'the way we've always done it.'
- Ownership Mentality: You own 400+ leases. When something doesn't reconcile or a disclosure looks off, you dig until you find the answer. You don't pass problems along hoping someone else catches them.
- Curiosity: You want to understand the business side of leases—why certain terms are negotiated, how the rebanner strategy affects the store portfolio, what acquisition targets might mean for your workload. This makes you a better accountant.
- Proactive Communication: You keep the real estate team informed about accounting implications before leases are signed. You flag issues to your manager early—especially when lease terms have unusual provisions or when you're approaching close with open items.
- Prioritization Judgment: New store openings, modifications, quarterly close, audit requests—they all compete for your time. You know how to sequence your work, what can wait, and when to escalate.
- Adaptability: The company is in transformation mode. The rebanner initiative, acquisitions, and potential lease portfolio changes mean your job won't be static. You're energized by change rather than unsettled by it.
- Resilience: Lease accounting can be tedious—400 leases, each with their own quirks. You maintain accuracy and composure even when the volume is high and the deadlines are tight.
About Shoe Carnival
Shoe Carnival, Inc. is one of the nation’s largest family footwear retailers, offering a broad assortment of dress, casual and athletic footwear for men, women and children with emphasis on national name brands. Company operated 428 stores in 35 states and Puerto Rico under its Shoe Carnival and Shoe Station banners and offers shopping at www.shoecarnival.com and www.shoestation.com. Headquartered in Fort Mill, SC, Shoe Carnival, Inc. trades on The Nasdaq Stock Market LLC under the symbol SCVL.
Shoe Carnival is an equal opportunity employer with competitive compensation, comprehensive benefits, and the opportunity to build something meaningful in a high-growth, transformational environment.