Director of Accounting - Philadelphia ARAMARK Education
BE A TRUE BUSINESS PARTNER AND HELP US UNLOCK OPPORTUNITY with one of the fastest growing segments in the Managed Services Industry.
ARAMARK Corporation is a world leader in providing award-winning food and facilities management services to health care institutions, universities and school districts, stadiums and arenas, international and domestic corporations, as well as providing uniform and career apparel. ARAMARK was ranked number one in its industry in the 2006 FORTUNE 500 survey and was also named one of "America's Most Admired Companies" by FORTUNE magazine in 2006, consistently ranking since 1998 as one of the top three most admired companies in its industry as evaluated by peers. Headquartered in Philadelphia, ARAMARK has approximately 242,500 employees serving clients in 19 countries.
The Education (K12) Division provides foodservice management to over 400 school districts representing more than 2,900 K-12 public and private schools throughout theUnited States.
As the Director of Accounting, you will have the responsibility of managing and developing the Accounting team. Specifically, you will be responsible for the following functions:Accounting --Responsible for the employment of sound accounting principles and practices in the administration of the accounting function. Development and maintenance of adequate records so as to account for the resources of the business; to report on the financial position as of specified dates and the results of operations over certain periods -- all in a timely fashion consistent with the accounting policies and practices of ARAMARK. Monitor and control the Accounting Team functions of monthly general ledger and balance sheet account reviews, compliance with accrual and reserve policies, allocated charges and risk accrual administration, accounts receivable collections and cash applications, bank reconciliation and periodic cash payment processes. Lead the completion of the ARAMARK quarterly and annual standard reporting packages. Review preliminary and final monthly close financial statements, review results with AVP-Finance, CFO and senior management, monitor and approve necessary accounting adjustments and corrections for inclusion in the final financial statements.
Compliance, Contracts, Audit - Accountable for on-going development, implementation and audit of internal controls that will ensure Education (K12) is compliant with Sarbanes-Oxley Act (SOX) and ARAMARK minimum requirements. This includes execution of SOX testing plan, follow-up on remediation plans, continued documentation of business processes for Education (K12) and implementing auditor's recommendations.
The position will lead internal assessments of Education (K12) contracts for fiscal compliance with ARAMARK policies and procedures and external federal, state and local regulatory requirements. Position will assure the successful implementation and maintenance of the contract database and ensure accurate and timely reporting generated from the database. Additionally, this person will monitor and assess adequacy of annual District Manager operational audits and follow-up on audit identified financial-related action items.
Position is responsible for ensuring data integrity, best practices and ongoing compliance with internal and external controls. Work situations vary and require development, analysis, interpretation and implementation of policies, practices and procedures. Position works closely with senior managers across all functions to strengthen internal controls, optimize company growth and profitability.
Job Requirements
Qualifications
Ideal candidates will possess a Bachelor's degree in Accounting with 5-7 years accounting experience. Master's degree is preferable, but not required.
Big-4 Firm accounting and auditing experience is required.
CPA designation is required.
Familiarity and ability to interpret accounting practices and internal controls over financial reporting pursuant to the Sarbanes-Oxley Act 2002 and ARAMARK Policies and Procedures.
The ability to manage and develop a team to support organizational and line of business goals.
The ability to write reports, business correspondence, and procedure manuals and the ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public is required.
The ability to work with mathematical concepts such as probability and statistical inference is required. Must have good knowledge of applicable statutes, laws, rules, and regulations. Requires management and leadership skills in addition to good planning and organization skills.
The ability to serve as liaison between Operations and Accounting, providing clear communication to all parties involved.
The ability to read, analyze and interpret general business periodicals, professional journals, technical procedures, or governmental regulation is required.
Experience as a Controller, Corporate Controller, Director of Finance and Accounting, or Vice President of Accounting is preferred.
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