Vestis Manufacturing · 1 month ago
Senior Manager - Asset Management
Vestis is a company focused on asset management, and they are seeking a Senior Manager to oversee the Asset Management department. The role involves directing processes, managing lease accounting, and ensuring compliance with capital and asset policies while partnering with internal groups for optimized efforts.
Building Materials
Responsibilities
Oversee end to end functions of Asset Management department, from Capital Investment spending to setting up Assets; depreciating Assets for Book and Tax; to retiring assets at their end of life
Oversee Lease Accounting for both operating and capital leases, for vehicles, building and equipment, according to current accounting standards
Business owner for Oracle Projects and Asset modules. Modify setups and transaction flow as needed as business requirements change, plan and oversee testing for new functionality and bug fixes
Business owner for Asset’s area of Hyperion Planning. Execute or oversee depreciation and in-service inventory plan and projection
Business owner for 3rd Party software Project Partner (UiApps) for tie into Projects Module
Maintain, update and ensure compliance with Capital and Asset policies. Ensure effective financial controls around these policies and efficient use of staffing resources
Review and oversee key reconciliations, including Fixed Assets to sub-ledger, Capital Lease Obligations, Debt, Inservice Inventory, Right of Use Asset and Liabilities, Idle Equip Reserve, Environmental Reserve
Ensure accurate, timely and efficient Capital and Fixed Asset reporting for all physical locations
Prepare and participate in 10k/10Q reporting. Prepare and provide FA Tax reports to the Tax team
Partner with internal groups, such as Operations Support, Financial Reporting, Tax, Payables and Purchasing and to ensure that efforts between groups are optimized
Provide solutions to streamline Assets processes
Assist in year-end audit process
Perform additional duties and projects as assigned within the scope of accounting and finance operations
Qualification
Required
Bachelor's degree in Accounting or related field required
10 years Asset experience
Proficiency in Oracle Assets and Projects
Asset software implementation skills a plus
Excellent written and verbal communication skills
Managing a staff of 4
Good project management skills
Solid problem-solving skills, which include well-supported proposed solutions to issues
Must be detail oriented with a strong ability to multitask
Organized, Flexible self-starter
Consistently meets critical deadlines
Strong spreadsheet experience required (experience with pivot tables, macros, for example)
Good written and oral communication skills
Understanding of US GAAP
Preferred
Oracle knowledge preferred
Company
Vestis Manufacturing
Vestis Manufacturing designs and manufactures architectural canopies, sunshades, and awnings.
Funding
Current Stage
Early StageCompany data provided by crunchbase