Manager Fixed Assets

Ahold Delhaize USA, a division of global food retailer Ahold Delhaize, is part of the U.S. family of brands, which includes five leading omnichannel grocery brands - Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. Our associates support the brands with a wide range of services, including Finance, Legal, Sustainability, Commercial, Digital and E-commerce, Technology and more.

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 of the Company. This position implements, manages, and coordinates proper accounting for accurate and timely recording of financial transactions related to fixed assets. It also represents the capital assets function on special projects, committees, and coordinates administrative duties for the team while managing system enhancements and upgrades. Ensures efficient departmental processes are in place, establishing departmental goals, supporting corporate goals/initiatives, and setting priorities to meet yearly goals. Acts as a knowledge expert in the organization.

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

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 in researching and resolving concerns 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 processes, goals, and priorities to align with corporate initiatives and yearly objectives.
• 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 while driving continuous improvement of fixed asset processes.
• Provides global partners (GSO) with critical U.S. reporting by brand and support company for external disclosures.
• Manages and administers special short-term projects, business enhancements, or changes in capital asset processes, partnering with business and IT teams for upgrades and testing.
• Acts as a capital asset liaison for business partners, including Brand Finance, FP&A/Investment Planning, Tax, and other business units.
• Serves as an expert liaison for capital asset functions 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 and timely submission of 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.
• Works closely with business functions to ensure compliance with the Company's capitalization policy, reviewing expenditures to determine capitalization or expense.

Requirements

• 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 inquiry.

Preferred Qualifications

• CPA preferred but not required.

Pay

Salary Range: $63,440–$95,160. Actual compensation offered may vary based on qualifications, experience, internal equity, and market conditions.

Schedule

Hybrid work schedule: 3 in-person days and 2 remote days per week.