Manager, Technical Accounting (Digital and IT Capital Asset)

Remote: 
Full Remote
Contract: 
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Offer summary

Qualifications:

Bachelor’s degree in business, finance/accounting, or related area required., 4+ years of accounting and/or finance experience needed., Strong technical expertise in accounting with in-depth knowledge of US GAAP, especially ASC 350-40 and ASC 985-20 preferred., CPA and 'Big 4' public accounting experience with large multinational organizations preferred..

Key responsabilities:

  • Serve as a technical accounting subject matter expert for IT capital asset and spend.
  • Prepare and draft accounting memos documenting treatment of software development costs.
  • Develop global standardized policies and conduct internal training on software and IT costs capitalization.
  • Collaborate with internal audit and external reporting teams to ensure compliance and accurate disclosures.

Iron Mountain logo
Iron Mountain Information Technology & Services Large http://www.ironmountain.com
10001 Employees
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Job description

At Iron Mountain we know that work, when done well, makes a positive impact for our customers, our employees, and our planet. That’s why we need smart, committed people to join us. Whether you’re looking to start your career or make a change, talk to us and see how you can elevate the power of your work at Iron Mountain.

We provide expert, sustainable solutions in records and information management, digital transformation services, data centers, asset lifecycle management, and fine art storage, handling, and logistics. We proudly partner every day with our 225,000 customers around the world to preserve their invaluable artifacts, extract more from their inventory, and protect their data privacy in innovative and socially responsible ways. 

Are you curious about being part of our growth stor​y while evolving your skills in a culture that will welcome your unique contributions? If so, let's start the conversation.

What you'll do...

Based remotely in the US or Canada and working as part of the Global Controllership team, the Manager, Technical Accounting (Digital and IT Capital Asset) will be an integral part of the Global Accounting Center of Excellence (COE) of Iron Mountain. The Manager, Technical Accounting (Digital and IT Capital Asset) will be a critical resource in addressing and supporting existing and emerging needs driven by the company’s fast growing digital business line to ensure appropriate accounting of software development costs and other information technology (IT) capital spend on a global basis. 

Manager, Technical Accounting (Digital and IT Capital Asset) will operate with a global remit and responsibility for:

  • Operating as part of the “center of excellence” pertaining to the accounting for the Company’s IT capital asset and IT spend, including accounting for costs associated with internally developed software in accordance with Accounting Standards Codification (“ASC”) 350-40, Internal Use Software (“ASC 350-40”) and development costs incurred for software to be sold, leased, or otherwise marketed in accordance with ASC 985-20, Software—Costs of Software to Be Sold, Leased, or Marketed, to ensure consistent application of US GAAP across the global organization with special emphasis on the emerging and fast growing digital business line. 

  • Serving as a technical accounting subject matter expert (SME) and critical business partner working with the digital business unit, Enterprise IT (EIT) and various other internal customers to support complex transactions and significant IT spend from an accounting perspective, including consulting on specific application of technical accounting literature, providing accounting guidance on costs capitalization, advising on streamlining the process of operationalizing the accounting for various types of costs incurred during various stages of development into our general ledger with appropriate tracking, review and control.

  • Partnering with the digital business unit and EIT to advise on the accounting implications of new and emerging products, services and related IT spend, including implications related to software licensing, costs related to software that is (a) sold, leased, or marketed; (b) obtained or developed for internal use; and (c) accessed in a cloud-based or hosting arrangement that is service contract.

  • Preparing and drafting accounting memos to document accounting treatment and conclusions reached related to software development costs and various types of IT spend associated with major products and services. 

  • Developing and documenting global standardized policies and processes to achieve policy alignment for new and existing digital and IT technical accounting issues, and working with regional and local teams on adopting and operationalizing such processes, as well as updating such policies to align with changes in the Company’s business. Conducting internal training on software and IT costs capitalization policies and processes to certain internal audiences for example local/regional controllership, commercial, finance, project managers, IT application, infrastructure and development/engineering, procurement, and controllership and accounting (including shared service) teams.

  • Collaborating with business, operations, other COE and systems teams to ensure the appropriate capitalization of software costs into correct asset categories in the Oracle subledger, appropriate assignment of the asset life and depreciation start date, timely retirement of fully depreciated assets and valuation and analysis for impairment assessment.

  • Partnering with our global internal audit team responsible for the Company’s compliance with Sarbanes-Oxley to design, develop and maintain effective internal controls.  

  • Partnering with our external reporting team on data required for footnote disclosures and reporting needs related to the digital business in our 10Q and 10K. Working with external auditors, supplying auditors with information requested and responding to audit questions.

  • Supporting purchase accounting allocation and valuations of assets related to acquisitions that involve digital business and other business lines. Supporting pre-deal due diligence and post-deal integration from accounting perspective for deals that involve digital business and other business lines. Assisting with impairment assessment and testing. 

  • Assisting with the Director COE with ad-hoc projects and other issues outside the digital business with a goal of global simplification and standardization. 

KEY RELATIONSHIPS

Reports to:                        Director, Global Accounting Center of Excellence

Direct Reports:                  No direct reports

Other Key Relationships:       CFO Digital Solutions; Digital product leadership; Enterprise IT;  process owners working within the finance, controllership, legal, commercial, professional services, finance shared service,  and other Global Business Services organizations

REQUIREMENTS

 Education and Experience:

  • Bachelor’s degree in business, finance/accounting, or other related area is required

  •  Requires 4+ years of accounting and/or finance experience.

  • Strong technical expertise in accounting.  In-depth knowledge of USGAAP, in particular ASC 350-40 Internal Use Software, ASC 985-20, Software—Costs of Software to Be Sold, Leased, or Marketed is strongly preferred.

  • CPA is strongly preferred.

  • “Big 4” public accounting experience with large ($500M+ revenues) publicly-held, multi-national organizations is preferred. 

  • Career progression should indicate positions of increasing scope and responsibility.

  • Experience with enterprise-wide applications and accounting systems (such as Oracle, Salesforce and OneStream) are a definite plus.

Critical Competencies:

  • Excellent verbal and written communication skills in order to interface effectively with internal customers across the global organization and senior management.

  • Strong organizational and interpersonal skills.

  • Demonstration of ability to work both independently as well as within a team structure.

  • Strong influencing skills through the use of facts and logical arguments.

  • Ability to deal with conflict in a constructive manner.

  • Ability to brainstorm in teams and think outside of the box.

  • Good relationship building skills.

  • Ability to work productively in an environment requiring multi-tasking and working against deadlines. 

  •  Attention to detail with the ability to analyze the quality and completeness of results quickly and accurately.

  • Strong analytical skills with ability to develop strategies to resolve problems at their source.

  • Ability to design and deliver processes as well as reengineer processes.

Environmental job requirements:

This position is based remotely in the US or Canada and will require infrequent travel.

Category: Finance

Required profile

Experience

Industry :
Information Technology & Services
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Communication
  • Analytical Skills
  • Teamwork
  • Organizational Skills
  • Social Skills
  • Problem Solving

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