Director of Asset and Revenue Accounting

Company:  

US6440 Sysco Business Services, Division of Sysco Resources Services, LLC

Sales Territory:  

None

Zip Code:

77077

Travel Percentage:  

0

Compensation Range:

$105, $175,500.00

The compensation range provided is in compliance with state specific laws.  Factors that may be used to determine your actual rate of pay include your specific skills, years of experience and other factors.  

You may be eligible to participate in the Company's Incentive Plan.

BENEFITS INFORMATION:

For information on Sysco's Benefits, please visit

Position Summary:

The Director of Asset and Revenue Accounting will provide strategic direction and operational guidance to fulfill reporting requirements for Property Accounting, Lease Accounting, Truck Leasing and Revenue Accounting:

• Property Accounting includes the development, acquisition and maintenance of asset records on behalf of Sysco for North American companies.

• Lease Accounting includes the Sysco Global Center of Excellence for Leasing and will serve a critical governance role as a subject matter expert for lease accounting under ASC 842 (including Europe that will support lease accounting under IFRS 16.)

• Revenue Accounting includes the review of complex contracts to ensure technical accounting guidance under ASC606 is being embedded in the accounting operational processes

Primary Responsibilities:

• Responsible for the day-to-day management and development of resources at SBS, virtual Global COE and Global offshore. 
• Responsible for providing guidance and support in resolving escalated issues and other complex accounting activities
• Significant interaction with the Corporate Accounting, Financial Reporting, Market Finance, International Finance and Sourcing teams, as well as the Treasury, Legal, Real Estate and Fixed Assets departments.
• Critical governance role as a subject matter expert for property accounting, lease accounting, and revenue accounting
• Oversee property additions through direct purchases, monitor CIP, unitizations of assets, transfers and retirements of assets.  This will include reporting for GAAP and Tax purposes.
• Oversee the completion of and is responsible for the approval of their respective account reconciliations. They will maintain tax books for assets throughout the year and provide tax reports and schedules as required
• Oversee the LCOE accounting/abstraction staff and lease accounting software, SOX risk compliance and accurate financial reporting, collaboration with Sysco's North American finance leaders and accounting teams to action appropriate accounting treatment for asset and lease, researching applicable accounting guidance when complex lease accounting matters arise, and coordination of the lease vs buy decision making process.
• Implement global accounting policies and evaluate internal control procedures over property, lease, and revenue accounting
• Act as a business partner on behalf of the Shared Business Services center to various departments, including Procurement and IT in order to identify and implement improvements
• Ensuring organizational compliance with lease accounting guidelines and internal lease accounting policies and procedures under ASC 842 and IFRS 16 as well as revenue recognition under ACS 606
• Provide supporting schedules and reports for Tax compliance
• Act as a liaison for the Market Finance on in scope activities
• Deliver insights to Senior Management and Strategic Sourcing through analytics and comparisons to forecast
• Primary point of contact for internal and external audit inquires
• Partners with key stakeholders to provide all relevant information (Tax, Operating Sites, Treasury, FP&A, Real Estate, Sales, Internal Audit & Controls)
• Oversee the fleet relationship between the Sysco fleet leasing company and the individual operating companies.

QUALIFICATIONS:

• Education:
• Bachelor's degree in accounting,
• CPA required

Experience:

• 7-10+ years of experience;
• Public accounting experience a plus.
• Experience with Costar Real Estate Manager, Smartstream (GEAC), BPC, and Workday is preferred.

Skills:

• Intermediate Excel computer skills; must be able to create and modify existing Excel spreadsheets
• Applicants must be currently authorized to work in the United States.

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OVERVIEW:

Sysco is the global leader in foodservice distribution. With over 71,000 colleagues and a fleet of over 13,000 vehicles, Sysco operates approximately 333 distribution facilities worldwide and serves more than 700,000 customer locations.

We offer our colleagues the opportunity to grow personally and professionally, to contribute to the success of a dynamic organization, and to serve others in a manner that exceeds their expectations. We're looking for talented, hard-working individuals to join our team. Come grow with us and let us show you why Sysco is at the heart of food and service.

AFFIRMATIVE ACTION STATEMENT:

Applicants must be currently authorized to work in the United States.

We are proud to be an Equal Opportunity and Affirmative Action employer, and consider qualified applicants without regard to race, color, creed, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, disability, veteran status or any other protected factor under federal, state or local law.

This opportunity is available through Sysco Corporation, its subsidiaries and affiliates.

Anticipated Close Date:

11/30/

The deadline may be extended in good faith based on business needs.  The posting will be updated when the deadline is extended.

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