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Supervisor Finance Real Estate & Fixed Assets - Honolulu Hawaii
Company: Bank of Hawaii, Inc.
Location: Honolulu, Hawaii
Posted On: 11/09/2024
Be the First to ApplyJob DescriptionUnder the direction of the Manager, this position supervises and reviews the daily functions of Corporate Facilities Finance and Fixed Assets staff and is responsible for the oversight of the design, development and management of financial accounting matters, recurring processes and maintenance of all associated technology systems. Establishes and maintains a productive working relationship with business units throughout the organization, with particularly strong ties to Corporate Real Estate & Facilities, Enterprise Procurement & Purchasing, Accounts Payable, Infrastructure Operations, Enterprise Application Management, Management Reporting and Controllers, to obtain an understanding of processes, interdependencies, handoffs, financial reporting risks and tax related issues. If applicable or appropriate, assists in business unit's compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.ResponsibilitiesPerforms the following in support of Corporate Real Estate & Facilities: - Manages all accounting processes, accruals and reporting within the division.
- Assists in the development and analysis of the annual budget, capital budget, monthly outlook and/or corporate forecast.
- Deals with routine financial, GAAP, regulatory and management accounting matters and knows where to refer complex/unique issues, following through to resolution on all issues.
- Prepares financial and regulatory reports required by laws, regulations, and management.
- Serves as the financial information resource with regards to finance concepts and applications.
- Supports the business unit in development of key business metrics and analyzes financial performance against these metrics.
- Documents pertinent financial highlights, enabling management to assess and report on performance.Performs the following in support of Fixed Assets:
- Manages all associated accounting processes, accruals and reporting related to fixed assets and depreciation.
- Prepares financial and regulatory reports required by laws, regulations, and management.
- Monitors capital initiatives across the organization, tracking progress of relevant projects, along with their project proposal worksheets and purchase orders to ensure timely capitalization and appropriate depreciable lives.
- Communicates with groups across the organization to stay informed of property closures, sales, renovations and other disposals to ensure proper handling of fixed assets (retirement, donation, transfer, sale, etc.).
- Provides oversight of the annual physical inventory process in accordance with Bank policy, which includes providing assistance and guidance to staff and cost centers as needed.
- Provides guidance and oversight in the implementation and ongoing maintenance of fixed asset technology solutions.
- Works with corporate tax manager and tax staff to ensure proper capitalized asset treatment for tax purposes.Provides guidance to staff to ensure timely completion of daily work, planning and budgeting, monthly procedures, annual physical inventory performance, preparation of general ledger account reconciliations and other relevant reporting requirements. Continuously analyzes current policies and procedures to identify potential opportunities to improve performance and increase efficiencies, updating documentation as needed.Responsible for the management of all employees in the division including staffing, scheduling, compensation, performance management, training and development, succession planning and affirmative action to effectively utilize group and individual capabilities and enhance individual / group development and performance. Responsible for the timely and effective management of Human Resources forms and documents relevant to immediate staff.Provides guidance and oversight in the implementation, upgrade, ongoing maintenance and best practices of business unit technology solutions with regards to financial tracking and reporting. Educates staff on systems and processes. Provides cross training with other team members to maintain effective backup.Performs all other miscellaneous responsibilities and duties as assigned.QualificationsMINIMUM QUALIFICATIONS:1. Education: Bachelor's degree from an accredited institution in accounting, finance or related subject, or equivalent work experience. CPA and/or MBA is preferred.2. Experience: Minimum 6 years of experience in increasingly responsible accounting and/or finance positions for accounting/finance department of medium to large corporation, complicated general ledger system, varied assets and income types, project accounting, etc. Should be extremely comfortable with generally accepted accounting principles, internal controls, finance concepts and standard reporting of all types. Must have ability to interpret a variety of financial data to prepare high quality reports. Banking, financial service industry and real estate/property management experience preferred. Minimum 2 years of supervisory/managerial experience.3. Technical Skills: Demonstrated proficiency and expertise with personal computers in a networked environment and Microsoft applications (Outlook, Word, Excel, Access and PowerPoint) or similar software. Knowledge of or ability to use Bank software and systems including mainframe systems and accounting systems such as FIS. Must have advanced spreadsheet and relational database proficiency and excellent report writing skills.4. Other Job Qualifications: Possess strong analytical, quantitative, and problem solving skills to identify business and process improvement opportunities and risks, implement procedural change, and establish internal controls. Strong project management and organizational skills required to execute and complete projects on-time. Must be able to simultaneously manage multiple projects and assignments with varying deadlines. Possess strong intellectual curiosity and business acumen. A self-starter with the ability to work independently and utilize strong verbal and written communication skills across all levels of the organization. Ability to express complex ideas in concise and simple terms. Effective interpersonal skills and collaborative management style to include teamwork, team building, conflict management, negotiating and problem solving skills. Able to work flexible hours including holidays, weekends and evenings as needed or assigned.As a Bank of Hawaii employee, you ensure (or assist with ensuring) compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.Delivering exceptional customer experiences is at the heart of what we do at Bank of Hawaii. We listen, understand and deliver what our customers need to help them build a better tomorrow. We are an EEO/AA employer, including disability and veterans. For Bank of Hawaii's full EEO statement, please visit .Job Info
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