Maersk - Florham Park, NJ
posted 3 months ago
The Accounting Manager at Maersk is a pivotal role responsible for overseeing the daily accounting tasks associated with the Warehousing and Distribution activities within the WND group. This position requires a strong focus on the Month End close process, ensuring that it aligns with APM Good Accounting Practices and reconciles accurately to the financial statements. The Accounting Manager must ensure that all monthly deadlines for financial reporting are met in a timely and precise manner. This includes proactively communicating any information that may affect monthly or annual estimates to management, ensuring that it is included in the reported financial results. Additionally, the role involves overseeing the administration of internal control procedures in accordance with established policies and procedures. In this role, the Accounting Manager will supervise both onshore and offshore subordinates within the Accounting Team, ensuring that their responsibilities are executed productively and efficiently. The manager will be responsible for providing management with accurate financial results within established timelines, highlighting any significant variations between estimates, forecasts, and actuals. Close communication with all facilities and cross-functional teams within WND is essential to understand the financial impact related to operations. The manager will also summarize financial results for the accounting period, focusing on unusual variations between actuals, estimates, forecasts, and budgets. The Accounting Manager will be tasked with automating processes and tasks within the Accounting Team to accelerate book close deadlines. This includes reviewing and approving journals, accruals, and reconciliations prepared by the team for completeness and accuracy, ensuring that appropriate supporting documentation is included. The role also involves engaging with internal and external financial audits, acting as a mentor to subordinates, and coordinating with various corporate functions such as Tax, Claims, Treasury, and Payroll. Furthermore, the manager will oversee revenue and expense accruals for unbilled activity, manage bad debt calculations, and handle the intercompany process between WND and all Maersk affiliates. Special projects as directed by management will also be part of the responsibilities.