Senior Manager - Asset Management at Vestis Corporation
Date: 1 day ago
City: Lexington, KY
Contract type: Full time
Job Details
Description
Job Overview:
Direct processes and projects for Asset Management department.
Responsibilities / Essential Functions
Description
Job Overview:
Direct processes and projects for Asset Management department.
Responsibilities / Essential Functions
- Oversee end to end functions of Asset Management department, from Capital Investment spending to setting up Assets; depreciating Assets for Book and Tax; to retiring assets at their end of life.
- Oversee Lease Accounting for both operating and capital leases, for vehicles, building and equipment, according to current accounting standards.
- Business owner for Oracle Projects and Asset modules. Modify setups and transaction flow as needed as business requirements change, plan and oversee testing for new functionality and bug fixes.
- Business owner for Asset’s area of Hyperion Planning. Execute or oversee depreciation and in-service inventory plan and projection.
- Business owner for 3rd Party software Project Partner (UiApps) for tie into Projects Module.
- Maintain, update and ensure compliance with Capital and Asset policies. Ensure effective financial controls around these policies and efficient use of staffing resources
- Review and oversee key reconciliations, including Fixed Assets to sub-ledger, Capital Lease Obligations, Debt, Inservice Inventory, Right of Use Asset and Liabilities, Idle Equip Reserve, Environmental Reserve.
- Ensure accurate, timely and efficient Capital and Fixed Asset reporting for all physical locations
- Prepare and participate in 10k/10Q reporting. Prepare and provide FA Tax reports to the Tax team.
- Partner with internal groups, such as Operations Support, Financial Reporting, Tax, Payables and Purchasing and to ensure that efforts between groups are optimized
- Provide solutions to streamline Assets processes
- Assist in year-end audit process.
- Perform additional duties and projects as assigned within the scope of accounting and finance operations.
- Solid problem-solving skills, which include well-supported proposed solutions to issues.
- Must be detail oriented with a strong ability to multitask.
- Organized, Flexible self-starter.
- Consistently meets critical deadlines.
- Strong spreadsheet experience required (experience with pivot tables, macros, for example).
- Good written and oral communication skills.
- Bachelor’s degree in Accounting or related field required.
- 10 years Asset experience.
- Proficiency in Oracle Assets and Projects. Asset software implementation skills a plus.
- Excellent written and verbal communication skills. Managing a staff of 4.
- Good project management skills.
- Oracle knowledge preferred.
- Understanding of US GAAP.
- No special physical requirements for this position. Position is situated in an office environment.
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