Columbia Sportswear, Inc.:
Capital Assets Accounting Manager Job in Burlington, VT
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Burlington, VT
Full-time
About the job
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**This role is hybrid and requires working out of our Portland, OR area HQ at least two days per week.
OUTGROWN YOUR OWN BACKYARD? COME PLAY IN OURS.
At Columbia, we’re as passionate about the outdoors as you are. And while our gear is available worldwide, we’re proud to be based in the Pacific Northwest, where natural wonders are our playground.??
Every product we make and every task we undertake is inspired by the famous words of our founder Gert Boyle: “It’s perfect. Now make it better.” As pioneers of relentless improvement, we are constantly evolving.?
We believe the outdoors is ours to protect and strive to keep our planet healthy. We believe in empowering people to experience the outdoors to the fullest.??
And we believe in you.??
ABOUT THE POSITION?
Columbia Sportswear Company Finance & Accounting teams oversee the financial health and forward strategy for a portfolio of four global brands. These teams exercise expertise across Compliance, Credit, Financial Planning and Reporting, Tax, Treasury, Procurement and Strategy.?Advancing traditional Finance & Accounting functions, the organization is also driving exciting innovation in the application of advanced analytics and automated intelligence.
The Capital Assets Accounting Manager will play a leadership role in the Corporate and North America Accounting Team, responsible for all matters relating to the accounting for owned and leased capital assets. This encompasses acquisition, recording, tracking, depreciating, valuation, and disposition activities. While this position does not have direct reports, it is responsible for the oversight and monitoring of daily tasks performed by fixed asset and lease accountants in Columbia’s Shared Services Accounting team based in our India office.
This role is a key business partner to cross functional departments such as IT, facilities, retail and distribution operations, and other Finance functions. Accordingly, the Capital Assets Account Manager is responsible for establishing and maintaining the Company’s global accounting policies and procedures for capital assets and leases. In addition, the Capital Assets Accounting Manager contributes to the capital approval process with executive leadership by providing decision-making on capital versus expense determination.
HOW?YOU’LL?MAKE A DIFFERENCE?
Develop, maintain, and ensure compliance with the Company’s global capital asset and lease accounting policies and procedures for the proper recording and valuation of capital assets, while ensuring appropriate level of internal controls; Drive continuous improvement of existing processes and procedures
Oversee global lease accounting policies and processes, including development and oversight of centralized or shared services for key aspects of lease accounting and reporting
Active engagement with CSC’s Sr Director of Real Estate and team during lease negotiations/extensions, for monthly rent payment review, landlord reporting, and issue resolution with landlords (CAM reconciliations, audits, etc.)
Execute and/or review month-end close activities including journal entry, account reconciliations and account analyses. Prepare deliverables to support the financial reporting team processes for internal and external purposes (SEC financial statements and footnotes, board of director reporting, etc.); Provide periodic management reporting and analysis over global fixed assets and leased assets
Manage all aspects of capital asset accounting and reporting from initial approval to disposal for all North America entities; Assist international teams with implementation of accounting guidance over fixed assets and leases
Support project managers by analyzing project plans for capitalization determination and by monitoring & reporting capitalized costs through the life of the projects.?Projects will include software - internally develop or acquired – and Retail store builds and remodels. The role will work closely with FP&A and business managers to monitor project cost performance
Monitor, assess and record asset impairment of capital assets, including retail stores. Engage and work with Finance and Accounting leadership as necessary to support proper accounting and disclosure of impairment events
Interface with compliance and internal and external auditors for Sarbanes-Oxley and audit related matters; responsible for providing necessary supporting documentation
YOU ARE?
An excellent communicator capable of conveying complex concepts clearly and logically
Able to review, interpret, understand, and analyze complex contract language
Able to solve problems, function independently and with discretion, and work effectively under pressure
Able to express ideas and opinions to all levels of personnel, including management in various business units, while effectively soliciting cooperation to accomplish tasks and challenge ideas and the status quo.
Skilled in teaching, leading and mentoring team members. Proven experience managing accounting staff
Continuous improvement mindset
YOU?HAVE?
Bachelor’s degree in Accounting; CPA strongly preferred
Minimum of 5-7 years of progressive accounting experience and 1 to 3 years’ experience leading or mentoring staff accountants. Experience in public accounting, corporate accounting, and within a large multinational, publicly held company highly preferred
Strong US GAAP experience and technical accounting knowledge, with preference for experience in fixed assets, project, and leases and retail industry experience
Advanced knowledge of SAP, MS Office (Excel and PowerPoint), and reporting and analytical tools (TM1). Experience with lease accounting software experience a plus
Experience working in regional environment with multiple countries and local requirements
Experience with identifying and applying complex accounting treatment to business contracts
Job Conditions:
Job requires hours that may occasionally exceed 8 hours per day and/or 40 hours per week during times of peak activity. Early morning or evening meetings are required to manage and collaborate with people in other time zones and to ensure timely project completion. Some job pressure exists in the balancing of several projects with conflicting and sometimes changing deadlines.
#LI-AD1
#LI-Hybrid
Columbia Sportswear Company and our portfolio of brands, including Columbia, SOREL, Mountain Hardwear and prAna, know a thing or two about adventures. After all, we've been on one since 1938, working to perfect the art of enjoying the outdoors. Behind everything we make is an employee who's found that the greatest adventure starts with joining a company that strives to do the right thing.
This job description is not meant to be an all-inclusive list of duties and responsibilities, but constitutes a general definition of the position's scope and function in the company.
At Columbia Sportswear Company (CSC), we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation an
**This role is hybrid and requires working out of our Portland, OR area HQ at least two days per week.
OUTGROWN YOUR OWN BACKYARD? COME PLAY IN OURS.
At Columbia, we’re as passionate about the outdoors as you are. And while our gear is available worldwide, we’re proud to be based in the Pacific Northwest, where natural wonders are our playground.??
Every product we make and every task we undertake is inspired by the famous words of our founder Gert Boyle: “It’s perfect. Now make it better.” As pioneers of relentless improvement, we are constantly evolving.?
We believe the outdoors is ours to protect and strive to keep our planet healthy. We believe in empowering people to experience the outdoors to the fullest.??
And we believe in you.??
ABOUT THE POSITION?
Columbia Sportswear Company Finance & Accounting teams oversee the financial health and forward strategy for a portfolio of four global brands. These teams exercise expertise across Compliance, Credit, Financial Planning and Reporting, Tax, Treasury, Procurement and Strategy.?Advancing traditional Finance & Accounting functions, the organization is also driving exciting innovation in the application of advanced analytics and automated intelligence.
The Capital Assets Accounting Manager will play a leadership role in the Corporate and North America Accounting Team, responsible for all matters relating to the accounting for owned and leased capital assets. This encompasses acquisition, recording, tracking, depreciating, valuation, and disposition activities. While this position does not have direct reports, it is responsible for the oversight and monitoring of daily tasks performed by fixed asset and lease accountants in Columbia’s Shared Services Accounting team based in our India office.
This role is a key business partner to cross functional departments such as IT, facilities, retail and distribution operations, and other Finance functions. Accordingly, the Capital Assets Account Manager is responsible for establishing and maintaining the Company’s global accounting policies and procedures for capital assets and leases. In addition, the Capital Assets Accounting Manager contributes to the capital approval process with executive leadership by providing decision-making on capital versus expense determination.
HOW?YOU’LL?MAKE A DIFFERENCE?
Develop, maintain, and ensure compliance with the Company’s global capital asset and lease accounting policies and procedures for the proper recording and valuation of capital assets, while ensuring appropriate level of internal controls; Drive continuous improvement of existing processes and procedures
Oversee global lease accounting policies and processes, including development and oversight of centralized or shared services for key aspects of lease accounting and reporting
Active engagement with CSC’s Sr Director of Real Estate and team during lease negotiations/extensions, for monthly rent payment review, landlord reporting, and issue resolution with landlords (CAM reconciliations, audits, etc.)
Execute and/or review month-end close activities including journal entry, account reconciliations and account analyses. Prepare deliverables to support the financial reporting team processes for internal and external purposes (SEC financial statements and footnotes, board of director reporting, etc.); Provide periodic management reporting and analysis over global fixed assets and leased assets
Manage all aspects of capital asset accounting and reporting from initial approval to disposal for all North America entities; Assist international teams with implementation of accounting guidance over fixed assets and leases
Support project managers by analyzing project plans for capitalization determination and by monitoring & reporting capitalized costs through the life of the projects.?Projects will include software - internally develop or acquired – and Retail store builds and remodels. The role will work closely with FP&A and business managers to monitor project cost performance
Monitor, assess and record asset impairment of capital assets, including retail stores. Engage and work with Finance and Accounting leadership as necessary to support proper accounting and disclosure of impairment events
Interface with compliance and internal and external auditors for Sarbanes-Oxley and audit related matters; responsible for providing necessary supporting documentation
YOU ARE?
An excellent communicator capable of conveying complex concepts clearly and logically
Able to review, interpret, understand, and analyze complex contract language
Able to solve problems, function independently and with discretion, and work effectively under pressure
Able to express ideas and opinions to all levels of personnel, including management in various business units, while effectively soliciting cooperation to accomplish tasks and challenge ideas and the status quo.
Skilled in teaching, leading and mentoring team members. Proven experience managing accounting staff
Continuous improvement mindset
YOU?HAVE?
Bachelor’s degree in Accounting; CPA strongly preferred
Minimum of 5-7 years of progressive accounting experience and 1 to 3 years’ experience leading or mentoring staff accountants. Experience in public accounting, corporate accounting, and within a large multinational, publicly held company highly preferred
Strong US GAAP experience and technical accounting knowledge, with preference for experience in fixed assets, project, and leases and retail industry experience
Advanced knowledge of SAP, MS Office (Excel and PowerPoint), and reporting and analytical tools (TM1). Experience with lease accounting software experience a plus
Experience working in regional environment with multiple countries and local requirements
Experience with identifying and applying complex accounting treatment to business contracts
Job Conditions:
Job requires hours that may occasionally exceed 8 hours per day and/or 40 hours per week during times of peak activity. Early morning or evening meetings are required to manage and collaborate with people in other time zones and to ensure timely project completion. Some job pressure exists in the balancing of several projects with conflicting and sometimes changing deadlines.
#LI-AD1
#LI-Hybrid
Columbia Sportswear Company and our portfolio of brands, including Columbia, SOREL, Mountain Hardwear and prAna, know a thing or two about adventures. After all, we've been on one since 1938, working to perfect the art of enjoying the outdoors. Behind everything we make is an employee who's found that the greatest adventure starts with joining a company that strives to do the right thing.
This job description is not meant to be an all-inclusive list of duties and responsibilities, but constitutes a general definition of the position's scope and function in the company.
At Columbia Sportswear Company (CSC), we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation an