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Job Duties:
This position has Global responsibilities for Fixed Asset Accounting, including asset set up, capitalization, and retirements. This position leads the global process metrics and standardization for fixed assets. Discuss and explain business results to Division, Group senior management, and/or committees in preparation for review with senior management (i.e., Corporate, Credit Union).
Conduct final check (e.g., check methodology, reasonableness, propriety of information) of financial material prior to distribution.
Review inputs to verify that data entered is complete and accurate.
Manage a project against a plan and objectives to ensure commitments are met by monitoring, assessing, and resolving variances in budget, timing or quality of work.
Review and approve output of financial models to incorporate into business plan, rolling estimate, and/or other models.
Research, gather, and/or prepare documentation to support accounting transaction (e.g., trade accounting estimates and basic accrual calculations).
Build a strong business unit or department by recruiting, hiring and/or developing complementary and effective skills to achieve desired current and long-term results.
Develop solutions (e.g., using research, external consultation) to solve non-routine accounting treatment issues that have a material impact on the Company’s or Division’s financial position.
Communicate Division/Department business results to Corporate senior management in results meetings.
Explain business rationale of rolling estimate to senior management, committees, and/or Board of Directors of the Credit Union and prepare them for discussion with others.
Requirements:
Bachelor’s Degree or equivalent work experience Related Work Experience: At least 9 years
Knowledge of U.S. and local Generally Accepted Accounting Principles (GAAP).
Ability to design cost effective systems and procedures to ensure that assets are safeguarded and that transactions are properly authorized, recorded, and reported.
Knowledge of quantitative methods (e.g., regression analysis, linear programming, expected value/probability, learning curve, queuing theory, economic order quantity, critical path analysis, discounted cash flow methods) as they apply to finance.
Ability to assess current controls to ensure that assets are safeguarded and that transactions are authorized, recorded, and reported. This may include designing and implementing cost-effective systems and procedures properly.
Knowledge of and ability to understand business transactions (e.g., accruals, derivatives, benefit plans, marketing programs) and their corresponding accounting implications and/or actions.
Knowledge of and ability to understand basic accounting principles (e.g., debit and credit) around transactional processes. Knowledge of and ability to understand accounting theory (e.g., internal controls, financial statement preparation, accrual accounting).
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