This role is responsible for ensuring Fixed Asset Transactions within the Finance Shared Services Center (FSSC) are captured and reported accurately and timely in the company's financial statements in accordance to US Generally Accepted Accounting Principles and where needed based on local gaap, based on instructions from the responsible accounting and reporting manager.
How You’ll Make an Impact:
Maintains Fixed Asset ledger accounts for entities that are covered by the Finance Shared Services Center (FSSC) — including:
- updating and maintaining Fixed Asset ledger accounts for US GAAP & Statutory reporting
- timely and accurate monthly balance sheet account reconciliations as per template used by the FSSC - timely analysis, identification, communication and resolution of balance sheet account reconciliation issues
- assigns transaction codes to documents
- ensures that all are settled at month-end
- ensures that depreciation is recorded properly for each asset monthly
- prepares journal entries to general ledger
- assists/prepares annual property tax filings
- assures documents being processed are included in the appropriate accounting period
- analyzes and verifies internal consistency, completeness, and arithmetic accuracy of accounting documents - analyzes and researches and corrects issues related to accounting
- communicates issues with errors, procedure violations and discrepancies with all levels of management - -Manage administration of physical count of FA and makes appropriate adjustments to ledger for assets for adds and disposals.
- Manage the asset tagging process once an asset is placed in service
Month-end closing activities including:
- Assists when monthly reporting to Corporate (M's and Q's) as per Bio-Rad policies and procedures are submittedU
- Updates and maintains month-end/quarter-end/year-end closing schedules
- Performs balance sheet and income statement account analyses and actual versus budget comparisons to determine if there are missing entries or significant variances that require further investigation.
- Processes accruals during month-end close
- Prepares the monthly Fixed Asset roll forwards those ties to the GL. - assists in preparation of QVRs
- Assists for responding to any questionnaires from corporate
- Prepares and distributes Quarterly FA Impairment Memo and Fixed Asset Register to Finance/Operations Business
- Works on unique and critical projects and problems including:
Assists in special projects and requests involving general accounting systems
Internal controls including:
- Assists in internal control reviews for assigned control objectives required by section 404 of Sarbanes-Oxley - Assists in internal and external audit requests — before, during and after — as well as the completion of audit required analyses.
- Assists in answering auditing questions and resolves auditing issues.
- Ensures compliance with applicable Corporate Policies and Procedures
What You Bring:
- Strong interpersonal, communication and presentation skills for interacting with individual team contributors, business partners, and senior management
- Chartered Accountant, CPA, ACCA, Cost Accountant or equivalent degree in accounting and Finance
- Minimum three years experience in fixed assets or general accounting for a Multinational Company with high volume driven environment
- High degree of understanding of SAP or similar ERP systems required and Blackline experience preferred
- Experience working in a Shared Service Center or for a US / EU Multinational is desirable
- Strong knowledge of internal controls and US GAAP accounting required
- Strong analytical and problem-solving background
- Experience in process and project management skills is preferred
- Innovative and able to think both analytically and conceptually
- Fluent (both orally and in writing) in English. Knowledge of Spanish and any other Asian language is desirable
Who We Are: For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high-quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with collaborative teams that span the globe. Here, you are supported by leadership to build your career and are empowered to drive change that makes an impact you can see.
Benefits: Bio-Rad's biggest asset is its people, and the reason why our Total Rewards deliver programs that provide value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. Our robust offerings serve to enrich the overall health, wealth, and wellbeing of our employees through the various stages of an employee’s work and life cycle. We’re proud to offer a variety of options, including competitive insurance plans for you and your immediate family, Annual Health checkup , Marriage Leave, Paternity Leave ,Employee Assistance Programme , extensive learning and development opportunities, and more.
EEO Statement: Bio-Rad is an Equal Employment Opportunity/Affirmative Action employer, and we welcome candidates of all backgrounds. Veterans, people with disabilities, and people of all races, ethnicities, genders, ages, and orientations are encouraged to apply.
Agency Non-Solicitation: Bio-Rad does not accept agency resumes, unless the agency has been authorized by a Bio-Rad Recruiting Representative. Please do not submit resumes unless authorized to do so. Bio-Rad will not pay for any fees related to unsolicited resume.
#LI-JK2
