Manager - Intercompany & Fixed Assets Accounting
Indexed description
Operational Responsibilities
- Lead the functional team of Fixed Assets (FA) and Intercompany (ICO). Empower, coach, develop, and engage people for better collaboration and performance output
- Keep the financial numbers accurate and up to date for the year, by cleaning up ageing items in FA and ICO
- Ensure that pre-month-end issues of FA and ICO are identified and addressed. Collaborate with the General Ledger team and Finance Controllers in ensuring accuracy and timely reporting of financial numbers
- Ensure strict adherence to the pre-determined calendar for the month-end and period-end close
- Ensure that proper documentation and records for FA and ICO are adhered to in accordance with compliance requirements. Handle internal and external audit requests
- Provide subject matter expertise to the ICO and FA team, as well as the Head of ATR, where required
- Ensure that KPIs for FA and ICO are delivered based on agreed service levels and targets. Conduct proper root cause analysis, create plans and execute actions to improve performance
- Implement process standardization in FA and ICO to have a unified global process
- In close collaboration with the ATR Director and the Service Manager, responsible for identifying cost-saving and efficiency improvement opportunities within the IC and FA processes, and supporting implementation projects
- Manage the execution of new tools and systems to deliver improved efficiencies and enhanced effectiveness for all Intercompany & Fixed Assets Accounting processes in collaboration with the Process & Service Excellence team
- Represent the Intercompany & Fixed Assets Accounting team during Governance Meetings and Performance Reviews for the Finance function
- Responsible for escalation management and resolution
- Ensure smooth alignment with other Finance SSC teams (e.g., AP, AR, GL Accounting, and Financial Controlling) for cross-functional activities
- Assist with both internal and external reviews to ensure complete, timely, and accurate responses to information requests
- Perform effective employee development and performance management through the monitoring of team and individual KPIs, determination of the team’s development requirements, etc.
- In close collaboration with the Process & Service Excellence team, support the identification of cost savings, efficiency improvement opportunities, and manage the execution of new tools and systems within the Intercompany & Fixed Assets Accounting function
- Monitor and report on KPIs and SLAs in an accurate and timely manner
- Develop and maintain relationships with business stakeholders in the Group and across regions
- Accountable for prioritising and meeting performance targets while ensuring compliance with agreed standards and procedures
- Ensure effective people management and development of the team, including staffing and selection, integration of new staff to the teams, provision of feedback, and management of people issues, development of a collaborative team culture focused on business understanding of the work performed
- Bachelor’s degree in accountancy/ finance/ business management or related area. Preferably with certifications (i.e., CPA, CMA, MBA, CIA, RCA, CTT, etc.)
- With an extensive background in Finance Account to Report, Fixed Assets, and Intercompany
- With at least 3-5 years of leadership experience in handling functional teams
- With experience in handling process improvement initiatives, migration, and digitization
- Ability to coach, mentor, and execute deliverables for the function
- Encourages customer focus - establishes effective working relationships within the team and stakeholders
- Ability to apply knowledge of Generally Accepted Accounting Principles & Cost Accounting Standards
- Sound understanding of tools and systems used for financial reporting and operations. Experience in SAP is preferred
- Good communication skills with a high ability to relay messages in a way that is easy to understand
- High degree of flexibility to adjust to varying time zones and possible changes in scope
- Problem-solving skills and creative thinking to implement the standardization, efficiency, and digitization agenda
- Leadership behaviours that would match Vestas' values of simplicity, accountability, passion and collaboration
- Change management experience, who can execute changes within the organization
- Skilled in building relationships with internal and external stakeholders
Main KPIs
- Timely delivery of operational KPIs
- Attrition rate maintained below 15%
- 100% of critical positions identified with successors
- Satisfied internal key customers and stakeholders
- Fitness Subsidy
- Retirement Benefit Plan
DEIB Statement
At Vestas, we recognize the value of diversity, equity, and inclusion in driving innovation and success. We strongly encourage individuals from all backgrounds to apply, particularly those who may hesitate due to their identity or feel they do not meet every criterion. As our CEO states, "Expertise and talent come in many forms, and a diverse workforce enhances our ability to think differently and solve the complex challenges of our industry". Your unique perspective is what will help us powering the solution for a sustainable, green energy future.
BEWARE – RECRUITMENT FRAUD
It has come to our attention that there are a number of fraudulent emails from people pretending to work for Vestas. Read more via this link, https://www.vestas.com/en/careers/our-recruitment-process
About Vestas
Vestas is the energy industry’s global partner on sustainable energy solutions. We are specialised in designing, manufacturing, installing, and servicing wind turbines, both onshore and offshore.
Across the globe, we have installed more wind power than anyone else. We consider ourselves pioneers within the industry, as we continuously aim to design new solutions and technologies to create a more sustainable future for all of us. With more than 185 GW of wind power installed worldwide and 40+ years of experience in wind energy, we have an unmatched track record demonstrating our expertise within the field.
With 30,000 employees globally, we are a diverse team united by a common goal: to power the solution – today, tomorrow, and far into the future.
Vestas promotes a diverse workforce which embraces all social identities and is free of any discrimination. We commit to create and sustain an environment that acknowledges and harvests different experiences, skills, and perspectives. We also aim to give everyone equal access to opportunity.
To learn more about our company and life at Vestas, we invite you to visit our website at www.vestas.com and follow us on our social media channels. We also encourage you to join our Talent Universe to receive notifications on new and relevant postings.
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