Manager Fixed Asset and Lease Accounting

Job Description

About the Role

Title: Manager Fixed Asset & Lease Accounting

Location: United States

What We Need

The Corpay is currently seeking a Manager for Shared Services Financial Accounting in Brentwood, TN. This position may offer a hybrid/remote work environment. The responsibilities include managing both Fixed Assets Accounting and General Ledger Reconciliations in a Shared Services environment. This includes tangible and intangible fixed assets accounting, ensuring compliance with US GAAP, and providing accurate financial reporting. The position also requires ensuring adherence to guidelines for maintenance, retention, and disposition of fixed assets and associated records. Additionally, comprehensive oversight of lease and financial accounting and reporting following US GAAP, as well as handling tax, compliance, and audit queries.

How We Work

As a Manager for Fixed Asset & Lease Accounting ,Corpay will set you up for success by providing the following:

Assigned workspace in Brentwood, TN with hybrid/remote capabilities, if applicable.

Company-issued equipment

Role Responsibilities

The responsibilities of the role will include:

Fixed Assets Management

Manage Fixed Asset Ledger: Ensure accurate recording and depreciation in compliance with GAAP.

Calculate and Record Depreciation: Record depreciation expenses for fixed assets in accordance with applicable accounting standards and company policies, ensuring accuracy and compliance.

Prepare Financial Reports and Analyses: Generate detailed financial reports and analyses related to fixed assets.

Assist in Financial Statements Preparation: Assist in preparing financial statements and reports related to fixed assets, providing accurate and timely information to support decision-making processes.

Conduct Reviews and Audits: Conduct regular reviews and audits of fixed assets for accuracy and completeness.

Monthly Reconciliations: Perform monthly reconciliations of fixed asset sub-ledgers to the general ledger, investigating and resolving any discrepancies in a timely manner.

Coordinate Asset Tracking: Coordinate with departments to track asset acquisitions, transfers, and dispositions.

Internal Controls Compliance: Ensure compliance with internal controls and corporate policies.

Support Audits: Support any internal and external audit queries.

Lease Management

Maintain Lease Completeness and Accuracy: Maintain the completeness and accuracy of leases in Lease Query.

Lease Entry and Identification: Ensure new, modified, or terminated leases are identified and entered into Lease Query software for timely preparation of lease journal entries.

Right of Use Asset and Lease Liability: Prepare right of use asset and lease liability roll forwards from accounting software and reconcile to the general ledger.

Lease Disclosure Reports: Generate and reconcile lease disclosure reports and prepare the annual lease disclosure for audited financial statements.

Reconcile Lease Expense: Reconcile lease expense in the general ledger to Lease Query.

General Ledger Reconciliations

Manage general ledger reconciliations: Ensure that the balance sheet reconciliations are completed in a timely manner each month, to best standard

Ensure that the balances are well supported with relevant IPE and that reconciling items are reviewed regularly and cleared within the quarter

Take ownership of the Blackline reconciliation software and exploit for full functionality

Team Management and Development

Provide Clear Direction and Expectations: Provide the Fixed Assets Shared Services team with clear direction and expectations for achieving agreed objectives.

People Management and Mentoring: Provide effective and efficient people management and mentoring through the Dayforce process.

Leadership and Professional Development: Provide leadership, mentoring, and support for professional development.

Encourage a Positive Culture: Model and encourage behaviors that foster an inclusive, flexible culture that encourages excellence.

Continuous Improvement and Risk Management

Business Continuity and Risk Management: Ensure robust business continuity plans, risk management, and continuous improvement plans are in place for Finance Operations.

Develop and Communicate Objectives: In collaboration with direct reports, develop and communicate development plans, objectives, and targets that are regularly reported on and provide opportunities for continual improvement.

Engage with Stakeholders: Engage with key stakeholders and customer groups to agree on and prioritize continuous improvement initiatives across Finance Function activities.

Efficiency and Effectiveness: Ensure efficiency and effectiveness in finance operations function resourcing.

Proactively Manage Value and Risk: Proactively escalate value and risk issues.

Financial Information Quality: Ensure financial information provided to support decision-making is fit-for-purpose, complies with GAAP, and provides clear explanations of financial issues and their implications.

Protect Financial Assets: Protect CORPAY’s financial assets by ensuring compliance with financial regulations and GAAP.

Ad Hoc Tasks

Process and System Improvement: Undertake other ad hoc tasks as required, focusing particularly on improving processes and system

Qualifications & Skills

BA or BS in Accounting

CPA Qualified

Approximately 8+ years of relevant accounting experience obtained in a large or complex organization.

Demonstrated experience in managing teams

Demonstrated knowledge of generally accepted accounting principles

Demonstrated knowledge of fixed asset life cycle, tangible and intangible property and lease accounting

Demonstrated experience in large volume and complex general edger reconciliations

Demonstrated knowledge of internal controls

Preferred

Knowledge of process and systems improvements

Strong knowledge of accounting systems and technology

Knowledge of US Tax

International accounting experience

Other Skills and Knowledge

Proficient with Excel and other Microsoft Office applications

Meticulous and strong attention to detail

Deadline oriented, good time management skills

Ability to work effectively in a fast-paced environment and manage multiple priorities

Benefits & Perks

Medical, Dental & Vision benefits available the 1st month after hire

Automatic enrollment into our 401k plan (subject to eligibility requirements)

Virtual fitness classes offered company-wide

Robust PTO offerings including major holidays, vacations, sick, personal, & volunteer time

Employee discounts with major providers (i.e. wireless, gym, car rental, etc.)

Philanthropic support with both local and national organizations

Fun culture with company-wide contests and prizes

Equal Opportunity/Affirmative Action Employer

The company is an Equal Opportunity Employer. The company provides equal employment opportunities to all employees and applicants without regard to race, color, gender (including pregnancy), religion, national origin, ancestry, disability, age, sexual orientation, gender identity or expression, marital status, language, ancestry, genetic information, veteran and/or military status or any other group status protected by federal or local law. If you require reasonable accommodation for the application and interview process, please notify a representative of the Human Resources Department.

For more information about our commitment to equal employment opportunity and pay transparency, please click the following links: EEO and Pay Transparency

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