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Job Description:

Assistant Manager, Fixed Assets

Job Band 5

Roles and Responsibilities

Overview

The Manager of Fixed Assets leads a team that performs accounting, controls and reporting over fixed and intangible assets for North America.

Role Summary

The individual in this role manages the Fixed Assets team and oversee the accounting processes including asset additions, retirements, and the depreciation schedule for North America, Bermuda and Singapore and ensures the adherence in accordance with the Fixed Assets Standard and Corporate Real Estate guideline. A proven team leader and practical problem solver with the ability to identify and implement innovative solutions with a focus on process enhancements. As a Fixed Assets subject matter expert, the incumbent will participate in ad-hoc transactions/projects, system upgrades, including various M&A activities, capital events, etc. across North America operation to provide accounting and capitalization guidance in support of these events. The incumbent will work closely with the tax team to help support the maintenance of accurate asset tax values in SAP Fixed Asset Module and with the procurement and AP teams to help the support the business in accordance with the Buying at Sun Life standard.

Main Accountabilities

Ensures adherence to guidelines for acquisition, maintenance, retention and disposition of fixed assets, intangible assets, and associated records.Partners with accounts payable, procurement, tax, and the corporate global accounting team to ensure seamless execution of asset accounting and procurement strategies.Directs and oversees of reporting that include intangible and fixed assets roll forward, STATS recs, NAIC, Depreciation schedules, etc.Serve as a key point of Fixed Assets contact for internal/external auditors and be instrumental in managing this relationship.Complete the monthly close process for Canadian and US fixed assets.Prepare/approve journal entries as required for fixed assets.Reconcile Fixed Asset balance sheet control accounts.Download and review daily error reports, correcting or escalating errors as appropriate.Lead the business side of the implementation of the new technologies.Support the testing, conversion and implementation of the General Ledger projects as required.Lead fixed assets team, providing formal feedback and ongoing oversight and coaching.

Competencies

Professional accounting designation required (such as CA, CA-Inter, CPA, MBA Finance, MCom, BCom or equivalent)7+ years of relevant work experience, experience with fixed asset and intangible asset reporting is considered a benefit.Strong understanding of accounting principles and concepts including experience with IFRS. Experience with NAIC reporting is considered a benefit.Knowledge of financial reporting and internal controls.SAP experience required. Experience with reporting tools such as Analysis for Office, Fiori, SAP FA or SAP Ariba is considered an asset.Strong analytical thinking and organizational skillsSkilled in investigation and resolutionStrong attention to detailIntermediate to advanced knowledge of Microsoft ExcelEffective written and oral communication skillsAbility to manage work priorities ensuring timely responses to business; ability to manage deliverables to meet established deadlinesAbility to work independently and with minimal supervisionAbility to lead and develop team with direct reports and work collaboratively with other business units.

Job Category:

Finance

Posting End Date:

27/02/2025