Manager Fixed Assets

Ahold Delhaize USA, a division of global food retailer Ahold Delhaize, supports five leading omnichannel grocery brands—Food Lion, Giant Food, The GIANT Company, Hannaford, and Stop & Shop—with services including Finance, Legal, Sustainability, Commercial, Digital and E-commerce, and Technology.

About the role

Responsible for managing all aspects of the Fixed Assets function for capital asset accounting and serving as the key point of contact between Brands and Ahold-Delhaize business partners to achieve major business goals. This role implements, manages, and coordinates proper accounting for accurate and timely recording of financial transactions related to fixed assets. The position also represents the capital assets function on special projects and committees, coordinates administrative duties for the team, and manages system enhancements and upgrades. Ensures efficient, well-controlled departmental processes, establishes departmental goals, supports corporate initiatives, and sets priorities to meet yearly objectives. Acts as a knowledge expert in the organization.

Responsibilities

• Oversees the team of analysts responsible for all fixed asset accounting activities across all U.S. brands, including developing and maintaining accounting principles, practices, and procedures to ensure accurate and timely financial statements.
• Resolves day-to-day problems within fixed asset accounting, coaching team members on researching and resolving issues such as reporting variances, accrual assumption changes, and system issues.
• Oversees all fixed asset activities, including additions, retirements, impairments, divestments, asset transfers, and other transactions.
• Ensures accurate and timely monthly, quarterly, and year-end close, as well as periodic reporting for all U.S. Brands and Support Companies.
• Manages team efficiency, establishes departmental goals, supports corporate initiatives, and sets priorities to ensure yearly goals are met.
• Partners with Brand Finance leads to support budgeting and forecasting for fixed asset activities of all ADUSA entities ($17B in assets, $1.3B in annual asset additions, and $1.3B in depreciation expense annually).
• Handles performance management, training, and development of the team, driving continuous improvement of all fixed asset processes.
• Provides global partners (GSO) with critical U.S. reporting by brand and support company for external disclosures.
• Manages and administers implementation of special short-term or one-time opportunities, business enhancements, or changes in capital asset processes, partnering with business and IT teams to ensure upgrades and enhancements are appropriate and adequately tested.
• Acts as a capital asset liaison for all business partners, including Brand Finance, FP&A/Investment Planning, Tax, support functions, and other business units.
• Serves as the expert liaison for the capital asset function on committees and special projects (e.g., M&A and divestment activities).
• Partners with internal and external auditors to ensure audits are supported with adequate documentation of processes and controls, and timely submission of all requests.
• Performs and signs off on all key controls identified by the Risk and Controls department.
• Leads partnership with FP&A to ensure accurate reporting of key external metrics such as capital spend and working capital.
• Manages compliance with internal controls and adherence to IFRS accounting standards and the AD accounting manual, providing advice and counsel to U.S. brand business partners.
• Works closely with business functions to ensure compliance with the Company's capitalization policy for significant projects, including reviewing expenditures to determine capitalization or expense.

Qualifications

• 8+ years of progressive accounting/operational experience.
• Bachelor's Degree or equivalent experience in accounting or related fields.
• Deep understanding of capitalization rules as defined in the Global AD Accounting manual.
• Experience in SAP, Coupa, Service Channel, and project systems.
• Ability to research and solve complex problems through data analysis and asking the right questions.

Preferred Qualifications

• CPA preferred but not required.

Schedule

Hybrid work schedule with 3 in-person days at one of our core locations (Salisbury, NC; Quincy, MA; Scarborough, ME; Carlisle, PA) and 2 remote days.

Pay

Salary Range: $63,440–$95,160. Actual compensation offered may vary based on unique qualifications, experience, internal equity, and market conditions. Final compensation decisions are made in accordance with company policies and applicable laws.