This role will supervise the team of F/A accountants in the EMEA FSSC organization. This role is responsible for working collaboratively with the Record-to-Report Process Owner, the RTR General Accounting Manager, the RTR Inter-company Manager and the Payroll Manager in developing and sustaining business practices and/or procedures for the Record-to-Report process stream in the EMEA Finance Shared Services Center (FSSC) organization.
This position will also work with key financial and operations business partners to further optimize/enable business practices through the existing ERP ensuring all F/A transactions for entities covered by the EMEA FSSC organizations are captured and reported accurately and timely in the company’s financial statements in accordance to Generally Accepted Accounting Principles.
Work with Record-to-Report Process Owner in the Accounting Shared Services Organization, the ERP solutions team and the business partners to continue to drive process efficiencies through further automation in the EMEA Finance Shared Services Center (FSSC) organization.
Help to define, document and maintain process/procedures that support process standardization /optimization for the Fixed Assets team;Manage the daily activities of the FA team ensuring that accounting transactions are processed timely which includes but is not limited to general ledger system maintenance, account reconciliations, fixed asset and reagent rental accounting and close reporting.
Review the Depreciation run, AUC reconciliations, FAR register changes, approve AFE forms, review balance sheet reconciliations, review the FA Roll Forward, review the Ms/Qs/QVRs.
In detail: the FA team tasks include: 1) Updates, maintains and reconciles fixed asset ledger accounts, Assigns transaction codes to documents, 2) Prepares journal entries to general ledger, 3) Assures documents being processed are included in the appropriate accounting period, 4) Posts, balances, and closes subsidiary ledgers, 4) Analyzes and verifies internal consistency, completeness, and arithmetic accuracy of account documents, 5)Performs balance sheet account reconciliations., 6) Analyzes, researches and corrects issues related to accounting, 7) Communicates issues with errors, procedure violations, and discrepancies with all levels of management, 8) Performs balance sheet and income statement account analyses and actual versus budget comparisons, 9) Manage accrual process during the close, 10) Manage annual property tax filings, 11) Provides work guidance and training of lower F/A accountants, 12) Coordinates monthly/quarterly Management Reporting of Fixed Assets, 13) Performs quarterly internal controls review for assigned control objectives required by section 404 of Sarbanes-Oxley, 14) Coordinates internal and quarterly/annual external audit requests including completion of audit-required analyses. Answers auditing questions and resolves auditing issues, 15) Coordinates special projects and requests involving general accounting systems
Identify and resolve all issues for the Fixed Assets team timely in an effort to prevent any reporting inconsistencies in the general ledger from reporting period to reporting period.
Participate in the financial statement close cycle and operational accounting functions in order to ensure accurate and timely capture and recording of all accounting transactions in the appropriate period.
Responsible for insuring that the Fixed Assets team deliverables are compliant with applicable Corporate Policies and Procedures, as well as, provide audit support to external / internal audit teams timely.
Preparation of monthly KPI metrics and other analyses that allow for continuous monitoring of the Intercompany and Treasury team’s progress accurately and timely.
Bachelor’s degree in accounting or finance required
A relevant qualification or accreditation with a professional body
MBA highly desirable
At least 5-7 years of progressive experience with at least 5 years dealing with processes and data related to transactional processing in the area of Record-to-Report. One or more years of leadership experience included is a must.
Extensive Record-to-Report process knowledge, US GAAP technical expertise and Advance Excel skills
Finance SSC Experience in large multinational company with a high volume, performance driven environment
Must have SAP experience, especially for FA module
Experience in a similar role within another large corporation
Experience with leading projects to further automate manual business processes
Strong interpersonal, communication and presentation skills for interacting with individual team contributors, business partners, and senior management.Strong analytical and problem solving background.
Strong process redesign and/or efficiency
Innovative and able to think both analytically and conceptually.
Fluent (both orally and in writing) in English