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This is a key leadership position within the Magenta Service Center (MSC), reporting to the Sr. Director, Record to Report (RTR) and Project to Retire (PTR). The Project to Retire (PTR) – Fixed Asset and Lease Accounting teams are responsible for preparation and maintenance of accounting records, monthly accounting close activities and accounting variance analysis. Ensuring that our books are closed timely and accurately in compliance with our accounting policies, that accounting estimates are appropriate given the risks and uncertainties involved, and that our accounting records contain the information necessary to meet our reporting requirements for internal management, for tax compliance and Parent Company reporting requirements. These teams also have responsibility for the development, modification and maintenance of internal controls within these accounting processes to ensure the accuracy and objectivity of our financial records including SOX requirements. Director of Accounting- PTR is responsible for managing multiple teams that account for the financial results from Fixed Asset and Lease Accounting. The Fixed Asset and Lease Accounting teams are responsible for all financial records from a variety of system platforms, including Fixed Asset and Lease Subledgers, related expenses and balance sheet reconciliations. This position provides critical Accounting leadership on enterprise-wide projects related to new Fixed Asset and Lease acquisitions.
Job Responsibility:
Accounting and process leadership related to the reporting of financial results for fixed asset and lease accounting
Ensure that monthly accounting close deadlines are met consistently and that financial results accurately reflect any changes in operations. Communicate financial results with key internal customer groups
Ensure that appropriate judgment is applied in developing accounting estimates and accruals
Maintain accounting practices that are in compliance with established accounting policies, GAAP and IFRS requirements
Ensure appropriate internal controls are in place and operating effectively in accordance with SOX and industry best practices
Key leadership role in implementation of new/modified accounting policies to ensure they are efficient and effective for accounting processes and operational/transaction processing. Communicate rationale and impact to affected internal customers
Effective partnering with operational teams to understand business, system or process changes that will affect financial results or internal controls. Participate in cross-functional and company-wide initiatives to ensure accounting requirements and financial impacts are identified
Hire, coach, train and lead a high caliber and diverse team of professional accountants and accounting management
Lead efforts to ensure the workplace environment supports a highly motivated and effective workforce focused on continuous improvement and best practices
Develop department budget and staffing plans and quarterly / annual objectives
Requirements:
Minimum of 12 years of progressive experience in accounting
Minimum of 7 years of people management experience with a proven record of successfully leading and coaching as well as driving process improvement
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