Posted

30+ days ago

Location

Watford

Description

Overview

This role is responsible for ensuring Fixed Asset Transactions within the EMEA Finance Shared Services Center (FSSC) are captured and reported accurately and timely in the company’s financial statements in accordance to US Generally Accepted Accounting Principles – as well as, helping to drive standardization and harmonization of all Fixed Asset accounting processes for EMEA. The primary focus of this role is France.

Responsibilities

Maintains Fixed Asset ledger accounts for entities that are covered by the EMEA Finance Shared Services Center (FSSC) – including:

- updating and maintaining Fixed Asset ledger accounts for US GAAP & Statutory reporting

- timely and accurate monthly balance sheet account reconciliations as per template used by the EMEA FSSC

- timely analysis, identification, communication and resolution of balance sheet account reconciliation issues

- assigns transaction codes to  documents

- ensures that all IO are settled at month-end

- ensures that depreciation is recorded properly for each asset monthly

- prepares journal entries to general ledger

- assists/prepares annual property tax filings

- assures documents being processed are included in the appropriate accounting period

- analyzes and verifies internal consistency, completeness, and arithmetic accuracy of accounting documents

- analyzes and researches and corrects issues related to accounting

- communicates issues with errors, procedure violations and discrepancies with all levels of management

- coordinates the activities of junior accountants

- Manage administration of physical count of FA, and makes appropriate adjustments to ledger for assets for adds and disposals.

- Manage the asset tagging process once an asset is placed in service

Month-end closing activities including:

- assists when monthly reporting to Corporate (M’s and Q’s) as per Bio-Rad policies and procedures are submitted

- updates and maintains month-end/quarter-end/year-end closing schedules

- Prepares the monthly Fixed Asset roll forwards that ties to the GL

- Performs balance sheet and income statement account analyses and actual versus budget comparisons to determine if there are missing entries or significant variances that require further investigation.

- processes accruals during month-end close

- assists in preparation of QVRs

- Responsible for responding to any questionnaires from corporate

- coordinates the activities of junior accountants

- Prepares and distributes Qtrly FA Impairment Memo and Fixed Asset Register to Finance/Operations Business

Works on unique and critical projects and problems including:

- Coordinates special projects and requests involving general accounting systems

Internal controls including:

- Performs internal control reviews for assigned control objectives required by section 404 of Sarbanes-Oxley

- Coordinates internal and external audit requests – before, during and after – as well as the completion of audit-required analyses.

- Answers auditing questions and resolves auditing issues.

- Ensures compliance with applicable Corporate Policies and Procedures

Qualifications

Strong interpersonal, communication and presentation skills for interacting with individual team contributors, business partners, and senior management.

Strong knowledge of internal controls and US GAAP accounting required.

Strong analytical and problem solving background.

Experience in process and project management skills.

Experience in process redesign and/or efficiency

Innovative and able to think both analytically and conceptually.

Fluent (both orally and in writing) in English and optional French.

Bachelor’s degree in accounting or finance required

A relevant qualification or accreditation with a professional body

A relevant qualification or accreditation with a professional body

6-8 years related experience or equivalent combination of education and experience.

Finance SSC Experience in large multinational company with a high volume, performance driven environment

Experience in fixed asset accounting

Experience and in depth knowledge in SAP

Experience identifying and investigating discrepancies in accounting records

General ledger accounting experience including accountant analyses and expense analysis

Source: UNAVAILABLE