Manager II Fixed Assets

ViziRecruiter,LLC.; Quincy (MA); Hybrid; USD 125,000 - 188,000; Full time

Job summary

Ahold Delhaize USA is seeking a Senior Fixed Asset Accountant/Manager to oversee all fixed asset accounting activities across our U.S. brands.

The role drives accurate capitalization, monthly/quarterly close, and reporting, partnering with Brand Finance and FP&A to support forecasts and capital planning. You will lead a team of analysts, ensure internal controls, coordinate system upgrades, and serve as a knowledge expert on capital assets within ADUSA, helping achieve annual goals and improve

Qualifications

• 8+ years of progressive accounting/operational experience.
• Deep understanding of capitalization rules per Global AD Accounting manual.
• Experience with SAP, Coupa, Service Channel and project systems.

Responsibilities

• Oversees the team of analysts responsible for fixed asset accounting across U.S. brands.
• Oversees fixed asset activities such as additions, retirements, impairments, divestments, and transfers.
• Ensures accurate monthly, quarterly, and year-end close and reporting for all U.S. Brands.
• Partners with Brand Finance and FP&A to support budgeting/forecast for fixed assets.
• Maintains internal controls and adherence to IFRS accounting standards and the AD manual.
• Leads system upgrades and capital assets process improvements.

Skills

Accounting experience

Data analysis

Problem solving

Education

Bachelor's Degree in Accounting or related field

CPA preferred

Tools

SAP

Coupa

Service Channel

Project systems

Job description

Introduction

Ahold Delhaize USA, a division of global food retailer Ahold Delhaize, is part of the U.S. family of brands, which also includes five leading omnichannel grocery brands – Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. Ahold Delhaize USA associates support the brands with a wide range of services, including Finance, Legal, Sustainability, Commercial, Digital and E-commerce, Technology and more.

Overview

Responsible for managing all aspects of the Fixed Assets function for capital asset accounting and serve as key point of contact between Brands and Ahold-Delhaize business partners to achieve major business goals of the Company. The primary purpose of this position is to implement, manage, and coordinate the proper accounting for accurate and timely recording of financial transactions related to fixed assets. This position also represents the capital assets function on special projects, committees and coordinates and helps perform administrative duties for the team and manages the responsibilities of the team as it relates to system enhancements and upgrades. Ensures efficient departmental processes are in place and well controlled, establishing departmental goals, supporting corporate goals/initiatives, and setting priorities to ensure yearly goals are met. Acts as a knowledge expert in the organization.

Our hybrid work schedule includes 3 in-person days at one of our core locations and 2 remote days. Our core office locations include Salisbury, NC, Quincy, MA, Scarborough, ME, Salisbury, NC, Carlisle, PA

Applicants must be currently authorized to work in the United States on a full-time basis.

Responsibilities

• Oversees the team of analysts responsible for all fixed asset accounting activities across all U.S brands, inclusive of developing and maintaining accounting principles, practices, and procedures to ensure accurate and timely financial statements. Responsible for all day-to-day problems that arise within the fixed asset accounting across our U.S brands, inclusive of coaching team members in researching and resolving concerns such as reporting variances, accrual assumption changes, and system issues from business areas.
• Oversees and is responsible for all fixed asset activities such as additions, retirements, impairments, divestments, asset transfers, and other transactions.
• Ensures accurate and timely monthly, quarterly and year end close, as well as periodic reporting of all activities for all U.S Brands and Support Companies.
• Manages team to ensure efficient departmental processes are in place, establishing departmental goals, supporting corporate goals/initiatives, and setting priorities to ensure yearly goals are met. Act as a knowledge expert in the organization.
• Partners with Brand Finance leads to support the budgeting process and updates for forecast for the fixed asset activities of all the ADUSA entities ($17B in assets, $1.3B in annual asset additions and $1.3B in depreciation expense annually.)
• Responsible for performance management, training and development of the team and drives continuous improvement of all fixed asset processes
• Provide global partners (GSO) with critical U.S reporting by brand and support company that feeds into external disclosures.
• Manage, organize and administer implementation of special short term or one-time opportunities, business enhancements or changes in business processes for capital assets functions. This involves partnering with the business and IT teams to ensure all upgrades and enhancements are appropriate and adequately tested.
• Act as a capital asset liaison for all business partners, including Brand Finance partners, FP&A/Investment Planning, Tax, support functions and other business units. Expert liaison for the capital asset function on committees, such as business combinations or special projects (i.e. M&A and divestment activities).
• Partners with internal and external auditors to ensure audits are supported with adequate documentation of processes and controls and timely submission of all requests.
• Perform and sign off on all key controls identified by Risk and Controls department.
• Leads the partnership with FP&A to ensure accurate reporting of key external metrics such as capital spend and working capital.
• Manages compliance with internal controls and adherence to IFRS accounting standards and the AD accounting manual, through providing advice and counsel to business partners within the U.S. brands.
• Work closely with business functions to ensure compliance with the Company's capitalization policy for significant projects inclusive of reviewing expenditures to determine capitalization or expense.

Requirements

• 8+ years of progressive accounting/operational experience
• Bachelor's Degree or Equivalent Experience in accounting or related fields.
• Deep understanding of capitalization rules as defined in the Global AD Accounting manual.
• Experience in SAP, Coupa, Service Channel and project systems.
• Ability to research and solve complex problems through asking the right questions and accurately analyzing the data provided.

Preferred Qualifications:

• CPA preferred but not required

ME/NC/PA/SC Salary Range: $108,880 - $163,320

IL/MA/MD/NY Salary Range: $125,200 - $187,800

Actual compensation offered to a candidate may vary based on their unique qualifications and experience, internal equity, and market conditions. Final compensation decisions will be made in accordance with company policies and applicable laws.