Senior Manager, Corporate Accounting
Novelis - Atlanta, GA

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Description

Company Description

Novelis is the world leader in aluminum rolling,
producing an estimated 19 percent of the world's flat-rolled aluminum
products. We are the No. 1 rolled products producer in Europe
and South America, and the No. 2 producer in both North America and Asia.

Novelis is also the world leader in the recycling of used aluminum beverage
cans. Annually, we recycle around 40 billion used beverage cans - enough
to circle the earth more than 100 times.

Novelis is globally positioned, operating in 11 countries with
approximately 11,600 employees. The company reported revenue of $11.1
billion in its 2013 fiscal year.

Role Overview

The Senior Manager, Corporate Accounting is responsible for the
accounting and financial controls for twenty Novelis corporate legal entities
as well as all corporate office functional groups, including R&D. Total assets of these entities are $3.7
billion. The corporate office functional
areas have an annual spend of approximately $200 million and the corporate
Treasury group pays annual interest and financing costs of approximately $300 million. The key focus areas of this position include cost
forecasting, cost management practices, monthly financial closings, internal
controls, financial process and system improvements, and organizational
development. The position provides financial
leadership to ensure that: (1) effective
cost management practices and spending controls are in place in all corporate
office functional areas; (2) effective closing and financial reporting
practices are followed to ensure compliance with US GAAP and IFRS; and (3) effective
risk assessment and monitoring practices are in place with respect to internal
controls over financial reporting. The
position is responsible for managing and continually improving accounting and
transaction processing activities and financial systems for the corporate
office, while employing effective talent management practices to ensure staff
competency and professional development.

Resp

onsibilities

Produce accurate
monthly financial statements for 20 Corporate legal entities with $3.7 billion
of assets, in compliance with US GAAP and IFRS

Proper recording of expenses
and related accruals for the accounts payable cycle

Proper recording of payroll-related
matters and employee benefits

Proper recording of
travel related expenses and related accruals

Proper recording of
treasury activity

Proper recording of
transfer price tax agreements

Clear inter-plant
balances with other locations

Prepare FLASH report with variance analysis for senior
management by noon on workday five

Prepare and review certain
footnote disclosures

Key liaison with external auditor (PwC) by providing
analytics and documentation for audit requests

Review balance sheet
account reconciliations for completeness and accuracy to ensure accurate
recognition of period expenses and other income

Monitor balance sheet
activity and account analysis throughout the year to ensure there are no
out-of-period adjustments

Oversee the SAP procure-to-pay
cycle for the corporate office, monitor GRIR activity and exception reports to
ensure requisitioning, purchase orders, goods and services receipts, invoices
and payments are being processed timely and in accordance with the system
design

Timely identification and remediation of control deficiencies
throughout the year

Work with corporate
functional leaders to manage the annual operating spend of $200 million,
including R&D

Prepare accurate
annual budgets, work with functional leaders to prioritize spend within
established guidelines

Update the forecasts
monthly, work with functional leaders to revise forecasts based on changing
priorities and spend targets

Distribute accurate monthly department cost statements
with effective variance analysis

Meet regularly with corporate
functional leaders to ensure organizational awareness of cost overruns and to
ensure appropriate corrective actions are taken

Ensure adherence to limits established by the Novelis
Delegation of Authority and spending limits established by approved RFA's

Partner with the Tax
and Legal Departments to ensure legal entities are properly stated and that
numerous transfer price tax agreements are administered accurately (including
the Joint Technology Agreement, Branding Fees, Strategic Management Fees, SAP
User Fees, various Engineering Service Agreements for global capital projects,
various cost sharing arrangements for IT data centers, networks, etc.)

Work with Corporate Treasury to ensure intercompany
invoices are properly received and cleared

Partner with the
Human Resources and Tax Departments to ensure all payroll and employee benefit
matters are properly accounted for and reported to various taxing authorities. This includes areas such as International
Assignments, employee and employer withholdings, the Long Term Incentive Plan,
the Long Term Disability Plan, Pension and Supplemental Retirement plans,
Deferred Compensation Plans, etc. It
also involves working closely with our payroll service provider (Accel HR) to
ensure accuracy of payroll-related expense distributions.

Work with Corporate Financial Reporting and our
outside auditors (PwC) on benefit plan accounting matters to ensure proper compliance
with US GAAP and IFRS

Qualifications

Required

Bachelors degree in accounting or
related field

Motivated and driven self-starter
seeking constant challenge and new responsibilities

Competent working knowledge of US
GAAP

6 to 8 years of professional
accounting work experience

Managerial experience

Thorough, attention to detail

Process improvement mindset

Preferred

Masters of Accounting

U.S. CPA or CPA track preferred

Exposure to IFRS

Public accounting and industry
mix, or large, multi-national company experience

General ledger and accounts
payable experience

Experience with international
operations and foreign exchange

Experience with SAP financial
modules

Proficiency with MS Office suite
including Excel, Word, Access, etc.

Job

Accounting

Primary Location

US-Georgia-3560 Lenox Rd Suite 2000 Atlanta, Georgia 30326

Schedule

Full-time

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