United Parcel Service Inc logo

Treasury Accounting Manager

United Parcel Service Inc

  • Atlanta, GA
  • 4 days ago

    Highlights

    Accounting responsibilities include global cash accounting in the UPS treasury management system, balancing intercompany GL accounts (domestic and international), preparing/posting month end closing journal entries for Inter-Company treasury related activity. Prepares monthly accounting entries: Prepares and validates journal entries various complex accounting areas (i.e., derivatives, intercompany loans, investments).

    Numbers & Facts

    LocationAtlanta, GA
    IndustryTransport and Storage - Materials
    Company Size10,000 employees or more
    Year Founded1907
    Websitehttps://ad.doubleclick.net/ddm/clk/435483662;252766501;k?https://www.jobs-ups.com?utm_source=monster.com&utm_campaign=core&utm_content=job_board&utm_medium=profile&ss=paid

    Description

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    Explore your next opportunity at a Fortune Global 500 organization. Envision innovative possibilities, experience our rewarding culture, and work with talented teams that help you become better every day. We know what it takes to lead UPS into tomorrow-people with a unique combination of skill + passion. If you have the qualities and drive to lead yourself or teams, there are roles ready to cultivate your skills and take you to the next level.

    Job Description:

    The Treasury Accounting Manager is responsible for UPS fair value compliance, including but not limited to derivatives, investments, intercompany loans, and debt accounting. Accounting responsibilities include global cash accounting in the UPS treasury management system, balancing intercompany GL accounts (domestic and international), preparing/posting month end closing journal entries for Inter-Company treasury related activity. The manager is responsible for developing and reviewing forecasts, preparing month-end accounting entries, and preparing external reporting footnotes (specific to Treasury). Furthermore, the manager will assist in research related to updated Treasury accounting guidance & any new projects with the potential to impact treasury accounting / financial statements.

    Supports External Reporting of Derivatives and Investments:

    • Prepares the Derivatives and Market Risk footnotes & footnote tie-outs for 10 K/Q
    • Works with Treasury & External Reporting senior management to perform any necessary updates to Treasury footnotes based on updated guidance or new projects
    • Prepares the Cash Flow Statement for Derivatives and Investments and works with External Reporting to ensure accurate reporting
    • Supports the internal and external audits of Treasury risk areas
    • Research various technical accounting guidance

    Prepares monthly accounting entries:

    • Prepares and validates journal entries various complex accounting areas (i.e., derivatives, intercompany loans, investments)
    • Works with Treasury systems to correct any system-related accounting errors
    • Throughout the month, works with various regional treasury centers ensure accurate reporting of intercompany loans

    Supervises and Develops Others:

    • Determines employees' training needs to produce continuous development plans.
    • Provides on-going feedback and support to improve performance.
    • Conducts performance evaluations in a consistent, fair, and objective manner to encourage continuous performance improvement.
    • Holds others accountable to established performance levels to achieve individual and group goals.
    • Resolves individual and group performance issues in accordance with UPS's policies and procedures in a timely manner to motivate and foster teamwork.

    Preferences

    • Demonstrates a broad business and accounting knowledge; describes methods in compliance with Generally Accepted Accounting Principles (GAAP)
    • Captures/documents specific and accurate information; learns subjects thoroughly and in detail; completes work with thoroughness; supplies appropriate details when requested; maintains organized files
    • Understands basic financial terminology and concepts such as cash flows, operating profit/loss, and net income; conducts financial analyses
    • Bachelor's degree (or internationally comparable degree) in Accounting
    • CPA license preferred
    • Experience supervising others

    OTHER CRITERIA

    Employer will not sponsor visas for position.

    Hybrid work schedule- required 3 days in office.

    Employee Type:

    Permanent

    UPS is committed to providing a workplace free of discrimination, harassment, and retaliation.

    Other Criteria:

    UPS is an equal opportunity employer. UPS does not discriminate on the basis of race/color/religion/sex/national origin/veteran/disability/age/sexual orientation/gender identity or any other characteristic protected by law.

    Basic Qualifications:

    Must be a U.S. Citizen or National of the U.S., an alien lawfully admitted for permanent residence, or an alien authorized to work in the U.S. for this employer.

    About Company

    Working for UPS

    Where are you headed? If you’re ready to get what you want out of your job — out of your life — the smart route is at UPS. As a growing, dynamic Fortune 50 organization, we have the kind of opportunities that will help you go as far as your ambition will take you. So if you’re looking to start on a rewarding future, we’ll get you moving in the right direction.


    Here at UPS, we have many positions available, from Hourly Part-Time Package Handlers and Seasonal positions, to Drivers, Mechanics, and full time Professional opportunities. We have professional roles available in Marketing, Information Technology, Sales, Engineering, Finance & Accounting, Customer Solutions, and Global Business Services.


    Every day, we choreograph the infinite movements of goods, funds, and information in more than 200 countries and territories.


    From our early roots as a Seattle, Washington bike-messenger company to our present day, multi-billion-dollar global corporation, our team has held a singular focus – empowering commerce around the world. We have become the world's largest package delivery company and a leading global provider of specialized transportation and logistics services.


    From global giants to local mom and pop businesses, we improve distribution networks and manage supply chains to help our customers to do what they do best. That’s how we make the world work better. And that’s how we build better careers and reward people like you for doing what they love to do most. Join us!



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    Our Mission

    Empowering careers & commerce around the globe takes more than the concerted efforts of innovative thinkers, collaborative teammates & incredible technology. It calls on the values, purpose & mission that have driven us right from the start. We build on our legacy as a caring & responsible corporate citizen through the conduct of our people and company in the communities we serve. Inspire our people & business partners to do their best, offering opportunities for personal development & success.

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