Title:
Corporate G&A and Balance Sheet Accounting Manager
As part of the Corporate Accounting organization, the Corporate G&A and Balance Sheet Accounting Manager will directly interface with various business stake holders such as the Risk Management Team and various corporate support teams.
Key Focus Areas Include:
- General & Administrative (G&A) Costs
- Risk Management
- PP&E
- Lease Accounting
- Balance Sheet
- Close Coordination
The position requires the ability to partner among many team members, including:
- Corporate Accounting and Planning to ensure proper input is provided for accurate budgets and forecasts.
- KBR segment accounting teams to communicate impacts of risk costs.
- Collaborate with business teams to ensure accurate and up-to-date reporting.
Supervisory Responsibilities:
- The position requires leadership and direct manager oversight of employees and is responsible for work assignments, performance reviews, setting goals, providing ongoing training, and maintaining strong employee relationships.
- Lead the implementation and development of new procedures and features to improve the workflow of the organization and provide training for new or existing staff if necessary.
General & Administrative (G&A) Accounting
- Manage accounting and reporting for corporate general and administrative expenses.
- Lead review and approval of monthly G&A accruals.
- Ensure timely and accurate recording of corporate operating expenses.
- Analyze monthly actual results and assist planning team as needed with actuals to budget variances as well as prior period variances.
- Support monthly and quarterly financial reviews with Corporate leadership.
- Monitor expense allocations and ensure consistency with established accounting policies.
- Support FP&A during budgeting, forecasting, and long-range planning processes.
- Develop and maintain accounting procedures for assigned corporate expense areas.
- Identify opportunities to improve efficiency, visibility, and accuracy of expense reporting.
Lease Accounting
- Manage the Company's lease accounting process in accordance with ASC 842.
- Ensure leases in the Lease Accelerator tool are accurately entered and reconciled to ledger activity.
- Review lease contracts as needed and evaluate accounting treatment for new arrangements.
- Coordinate with Legal, Procurement, Real Estate, IT, and business stakeholders to identify lease-related transactions.
- Maintain lease accounting schedules and supporting documentation.
- Review and support lease-related journal entries, reconciliations, and disclosures.
- Support external auditors regarding lease accounting matters.
- Monitor compliance with company lease accounting policies and procedures.
- Monitor KBR Tower Lease along with current impairments.
Risk Management Accounting
- Manage accounting and reporting activities related to the Company's risk management programs.
- Coordinate with Risk Management personnel regarding insurance programs and claims activity.
- Review and account for insurance reserves and claim-related accruals.
- Maintain accounting for self-insurance programs and captive insurance arrangements, where applicable.
- Review actuarial or third-party claims reports supporting recorded liabilities.
- Ensure proper accounting treatment for 3rd party premiums.
- Work with planning as necessary to ensure accurate forecasting for P&L and cashflow.
- Support financial statement disclosures associated with risk management activities.
- Property, Plant & Equipment (PP&E) Accounting
- Manage accounting and reporting for property, plant, and equipment.
- Oversee capitalization policies and ensure compliance with company accounting guidelines.
- Review capital expenditure requests and capital project accounting.
- Ensure proper classification of capital and expense transactions as needed.
- Oversee depreciation and amortization processes.
- Review useful lives and residual values for fixed assets.
- Coordinate fixed asset additions, transfers, impairments, retirements, and disposals.
- Support periodic physical inventory and asset verification procedures.
- Assist with acquisition accounting and integration activities impacting fixed assets.
Balance Sheet Ownership & Reconciliations
- Serve as primary owner for assigned corporate balance sheet accounts.
- Investigate and resolve reconciling items and unusual transactions.
- Maintain high standards of balance sheet governance and accountability.
- Support quarterly balance sheet review meetings and management reporting.
- Develop action plans for aging reconciling items and balance sheet risks.
- Ensure compliance with corporate account reconciliation policies.
Financial Reporting & Close
- Lead month-end, quarter-end, and year-end close activities for assigned accounting areas.
- Coordinate responses to internal and external audit requests.
- Assist with implementation of new accounting standards.
- Support special projects, acquisitions, restructurings, and corporate initiatives as assigned.
- Maintain effective SOX controls over assigned accounting processes.
- Support internal control testing and remediation activities.
Key Qualifications
Required:
- Bachelor’s degree in Accounting or related field
- 9+ years of experience in a general accounting environment preferably with a large corporation or auditing a large corporation
- 3+ years of experience leading teams
- Strong interpersonal skills, the ability to effectively work cross-functionally, and with all levels of management.
- Excellent oral and written communication skills.
- Strong analytic skills and demonstrated ability to plan and organize.
Preferred:
- Advanced Accounting degree or CPA
- Experience with Deltek Costpoint, SAP, Hyperion HFM, Microsoft Dynamics or Apptio
- Experience in planning, budgeting and forecasting
- Capable of multi-tasking, prioritizing, and leading teams and initiatives
Ideal Candidate
- Trusted business partner with expertise in benefits, foreign currency, debt, derivatives, and hedge accounting.
- Demonstrates leadership, collaboration, and continuous improvement mindset.
- Comfortable explaining complex accounting matters to business leaders.
