Senior Manager, Property Accounting - Under Armour, Inc.
Baltimore, MD
About the Job
Senior Manager, Property Accounting
Senior Manager, Property Accounting
Values & Innovation
At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate.
Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do.
Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better.
If you are a current Under Armour teammate, apply to this position on theInternal Career Site Here. (https://performancemanager8.successfactors.com/sf/careers/jobsearch?bplte_company=ua&_s.crb=aNMP8gWoYkBDFn%252bz2BldysgcgQHZpVs6tHzE9smSuXE%253d)
Purpose of Role
The Senior Manager of Property Accounting is a highly motivated and experienced accounting leader who continues to learn and grow within the organization with an already proven ability to thrive successfully in a fast- paced multitask-oriented environment. The role will be primarily responsible for the Company’s Americas fixed assets (PP&E) and leases, including Global compliance oversight in order to ensure internal and external reporting requirements are met, In doing so, they ensure that financial information is accurately reflected in the financial statements in accordance with US GAAP. The individual will also be responsible for ensuring compliance with internal controls over various aspects of technology and software related assets. The successful candidate will also be highly organized and have an ability to consistently meet month end, quarterly and year-end reporting and audit deadlines, and deliver high quality, accurate results.
Your Impact
Lead the Americas accounting close all fixed assets (PP&E) and leases including:
Review and approval over all journal entries and reconciliations relating to fixed assets, software-related assets, and retail and corporate leases.
Coordinate with cross-functional teams throughout the month to ensure alignment of property accounting, software costs, advertising, including Regional Accounting, Retail, Operations, Legal, FP&A, Corporate Accounting, and Real Estate.
Oversight, ownership and review of asset management system and manual postings, determining when adjustments are needed and ensuring accuracy of those adjustments
Oversight and review of all property accounting entries such as capex accruals, depreciation and amortization, capitalized interest, disposals, go-lives, ensuring completeness and accuracy of all financial postings
Ensure our long-lived assets are valued appropriately in accordance with US GAAP and making adjustments to carrying values and lives when appropriate
Assist with preparation of the Americas and Corporate P&Ls and Balance Sheets as well as provide variance explanations to management
Review and certify general ledger accounts and accruals including current and non current assets and accruals to ensure accuracy and completeness of financial information
Support and guide Regional accounting teams in property accounting matters
Ownership and oversight over the company’s Asset Management (SAP) ledger, testing and implementing system updates and improvements, as well as annual systemic rollforwards
Project manage the successful recommendation, implementation and execution of new strategic system solutions and upgrades related to CapEx, including multi-phased and/or multi-year projects which have a global impact
Implementation, updates, governance and ownership of the Company’s global fixed asset policy and lease accounting policy
Implementation and ownership of the accounting for new capital expenditure projects providing direction, approvals to CARs (Capital Acquisition Requests) while ensuring adherence to GAAP and internal policies.
Ownership and oversight over the accounting for new and amended retail and corporate leases, ensuring they are properly reflected in our ROU and Lease liabilities
Lead the annual impairment review of long-lived assets and coordinate with different partners on key assumptions and conclusions
Provide external reporting support and explanations for PP&E and Lease disclosures to the SEC reporting team
Support the various internal and external audits through coordination of testing and walkthroughs. Update SOX controls relating to relevant areas in property accounting when appropriate.
Hire, develop. mentor and train accountants in the different functions that support the property accounting team
Foster a collaborative and high-performing culture within the corporate accounting department.
Manage and complete special projects and ad hoc analyses as necessary
Collaborate across global regions regarding areas of responsibility
Qualifications
Ability to multi-task, prioritize and work in an extremely fast-paced environment
Ability to act and operate independently to accomplish objectives and meet deadlines
Ability to delivery consistent, timely and accurate financial statements and reporting
Outstanding knowledge and application of US GAAP
Strong written and verbal communication with the ability to effectively present to and engage with a wide range of internal and external audiences
Strong analytical skills coupled with good decision-making skills
Strategic thinker who delivers results and effectively manages project timelines
Excellent working knowledge of financial statements and good understanding of tools to benchmark disclosure practices
EDUCATION AND/OR EXPERIENCE:
CPA Preferred
Bachelor’s or Master’s degree in Accounting
Accounting systems experience, including experience implementing fixed assets and project systems
Fixed asset system subject matter expertise
7+ years of relevant experience in large multinational public companies and/or Big 4 public accounting
PP&E and Lease Accounting (ASC 360 and 842) experience
Workplace Location
+ Location: This individual must reside within commuting distance from ourBaltimore office.
+ Return to Work Designation:3days week in-office, the remainder of work week remote.
Relocation
+ No relocation provided
Base Compensation
$135,354.00 - $186,111.20 USD
Most new hires fall within this range and have the opportunity to earn more over time. Initial placement within the salary range, however, is based on an individual's relevant knowledge, skills and experience for the position. UA is committed to helping our teammates succeed and advance in their careers. Base salary is only one component of our competitive Total Rewards package.
Benefits & Perks
+ Paid "UA Give Back" Volunteer Days: Work alongside your team to support initiatives in your local community
+ Under Armour Merchandise Discounts
+ Competitive 401(k) plan matching
+ Maternity and Parental Leave for eligible and FMLA-eligible teammates
+ Health & fitness benefits, discounts and resources- We offer teammates across the country programs to promote physical activity and overall well-being
Our Commitment to Diversity
At Under Armour, 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 or belief, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, family or paternal status and any other characteristic protected by applicable law. Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. Accommodation is available for applicants with disabilities upon request.
Requisition ID: 160302
Location:
Baltimore, MD, US, 21230
Business Unit: Corporate
Region: North America
Employee Class: Full Time
Employment Type: Salaried
Learn more about our Benefits here
Senior Manager, Property Accounting
Values & Innovation
At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate.
Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do.
Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better.
If you are a current Under Armour teammate, apply to this position on theInternal Career Site Here. (https://performancemanager8.successfactors.com/sf/careers/jobsearch?bplte_company=ua&_s.crb=aNMP8gWoYkBDFn%252bz2BldysgcgQHZpVs6tHzE9smSuXE%253d)
Purpose of Role
The Senior Manager of Property Accounting is a highly motivated and experienced accounting leader who continues to learn and grow within the organization with an already proven ability to thrive successfully in a fast- paced multitask-oriented environment. The role will be primarily responsible for the Company’s Americas fixed assets (PP&E) and leases, including Global compliance oversight in order to ensure internal and external reporting requirements are met, In doing so, they ensure that financial information is accurately reflected in the financial statements in accordance with US GAAP. The individual will also be responsible for ensuring compliance with internal controls over various aspects of technology and software related assets. The successful candidate will also be highly organized and have an ability to consistently meet month end, quarterly and year-end reporting and audit deadlines, and deliver high quality, accurate results.
Your Impact
Lead the Americas accounting close all fixed assets (PP&E) and leases including:
Review and approval over all journal entries and reconciliations relating to fixed assets, software-related assets, and retail and corporate leases.
Coordinate with cross-functional teams throughout the month to ensure alignment of property accounting, software costs, advertising, including Regional Accounting, Retail, Operations, Legal, FP&A, Corporate Accounting, and Real Estate.
Oversight, ownership and review of asset management system and manual postings, determining when adjustments are needed and ensuring accuracy of those adjustments
Oversight and review of all property accounting entries such as capex accruals, depreciation and amortization, capitalized interest, disposals, go-lives, ensuring completeness and accuracy of all financial postings
Ensure our long-lived assets are valued appropriately in accordance with US GAAP and making adjustments to carrying values and lives when appropriate
Assist with preparation of the Americas and Corporate P&Ls and Balance Sheets as well as provide variance explanations to management
Review and certify general ledger accounts and accruals including current and non current assets and accruals to ensure accuracy and completeness of financial information
Support and guide Regional accounting teams in property accounting matters
Ownership and oversight over the company’s Asset Management (SAP) ledger, testing and implementing system updates and improvements, as well as annual systemic rollforwards
Project manage the successful recommendation, implementation and execution of new strategic system solutions and upgrades related to CapEx, including multi-phased and/or multi-year projects which have a global impact
Implementation, updates, governance and ownership of the Company’s global fixed asset policy and lease accounting policy
Implementation and ownership of the accounting for new capital expenditure projects providing direction, approvals to CARs (Capital Acquisition Requests) while ensuring adherence to GAAP and internal policies.
Ownership and oversight over the accounting for new and amended retail and corporate leases, ensuring they are properly reflected in our ROU and Lease liabilities
Lead the annual impairment review of long-lived assets and coordinate with different partners on key assumptions and conclusions
Provide external reporting support and explanations for PP&E and Lease disclosures to the SEC reporting team
Support the various internal and external audits through coordination of testing and walkthroughs. Update SOX controls relating to relevant areas in property accounting when appropriate.
Hire, develop. mentor and train accountants in the different functions that support the property accounting team
Foster a collaborative and high-performing culture within the corporate accounting department.
Manage and complete special projects and ad hoc analyses as necessary
Collaborate across global regions regarding areas of responsibility
Qualifications
Ability to multi-task, prioritize and work in an extremely fast-paced environment
Ability to act and operate independently to accomplish objectives and meet deadlines
Ability to delivery consistent, timely and accurate financial statements and reporting
Outstanding knowledge and application of US GAAP
Strong written and verbal communication with the ability to effectively present to and engage with a wide range of internal and external audiences
Strong analytical skills coupled with good decision-making skills
Strategic thinker who delivers results and effectively manages project timelines
Excellent working knowledge of financial statements and good understanding of tools to benchmark disclosure practices
EDUCATION AND/OR EXPERIENCE:
CPA Preferred
Bachelor’s or Master’s degree in Accounting
Accounting systems experience, including experience implementing fixed assets and project systems
Fixed asset system subject matter expertise
7+ years of relevant experience in large multinational public companies and/or Big 4 public accounting
PP&E and Lease Accounting (ASC 360 and 842) experience
Workplace Location
+ Location: This individual must reside within commuting distance from ourBaltimore office.
+ Return to Work Designation:3days week in-office, the remainder of work week remote.
Relocation
+ No relocation provided
Base Compensation
$135,354.00 - $186,111.20 USD
Most new hires fall within this range and have the opportunity to earn more over time. Initial placement within the salary range, however, is based on an individual's relevant knowledge, skills and experience for the position. UA is committed to helping our teammates succeed and advance in their careers. Base salary is only one component of our competitive Total Rewards package.
Benefits & Perks
+ Paid "UA Give Back" Volunteer Days: Work alongside your team to support initiatives in your local community
+ Under Armour Merchandise Discounts
+ Competitive 401(k) plan matching
+ Maternity and Parental Leave for eligible and FMLA-eligible teammates
+ Health & fitness benefits, discounts and resources- We offer teammates across the country programs to promote physical activity and overall well-being
Our Commitment to Diversity
At Under Armour, 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 or belief, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, family or paternal status and any other characteristic protected by applicable law. Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. Accommodation is available for applicants with disabilities upon request.
Requisition ID: 160302
Location:
Baltimore, MD, US, 21230
Business Unit: Corporate
Region: North America
Employee Class: Full Time
Employment Type: Salaried
Learn more about our Benefits here
Source : Under Armour, Inc.