Manager II Fixed Assets

Loyalty360; Quincy (MA); Hybrid; USD 125,000 - 188,000; Full time

Job summary

Ahold Delhaize USA in Quincy, MA, is seeking a Senior Manager to lead the Fixed Assets team responsible for all fixed asset accounting across the U.S. brands. You will implement and coordinate proper accounting for capital assets and serve as a knowledge expert in the organization.

This role partners with Brand Finance, FP&A, Tax and auditors, drives process improvements, and ensures accurate monthly, quarterly and year-end closes, while aligning with IFRS and the AD accounting manual.

Qualifications

• 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.

Responsibilities

• Oversees the team of analysts responsible for fixed asset accounting across U.S. brands, coaching on variances and system issues.
• Oversees fixed asset activities such as additions, retirements, impairments, transfers and other transactions.
• Ensures accurate monthly, quarterly and year-end closes and reporting for U.S. Brands and Support Companies.
• Leads the team to improve processes, align with corporate goals, and act as a knowledge expert.
• Partners with Brand Finance and FP&A to support budgeting and forecasts for fixed asset activities.
• Coordinate with internal/external auditors and maintain necessary documentation.

Skills

8+ years accounting experience

Analytical problem solving

Team leadership

IFRS knowledge

Education

Bachelor's Degree in accounting

Tools

SAP

Coupa

Service Channel

Project systems

Job description

Category/Area of Expertise: Accounting/Finance

Job Requisition: 539126

Address: USA-MA-Quincy-1385 Hancock Street

Store Code: Corporate Accounting & Reporting (5148600)

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

Primary Purpose:

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.

Duties and 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.

Qualifications:

• 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.

#LI-Hybrid

#LI-TH1

At Ahold Delhaize USA, we provide services to one of the largest portfolios of grocery companies in the nation, and we're actively seeking top talent.

Our team shares a common motivation to drive change, take ownership and enable our brands to better care for their customers. We thrive on supporting great local grocery brands and their strategies.

Our associates are the heartbeat of our organization. We are committed to offering a welcoming work environment where all associates can succeed and thrive. Guided by our values of courage, care, teamwork, integrity (and even a little humor), we are dedicated to being a great place to work.

We believe in collaboration, curiosity, and continuous learning in all that we think, create and do. While building a culture where personal and professional growth are just as important as business growth, we invest in our people, empowering them to learn, grow and deliver at all levels of the business.