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Lead Fixed Asset Accountant, Global Finance Operations - job 1 of 2

Company Description

At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.

At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that—our technology helped people put a man on the moon and capture the first-ever picture of a black hole.

We offer an expansive portfolio of technologies, HDDs, and platforms for business, creative professionals, and consumers alike under our Western Digital®, WD®, WD_BLACK™, and SanDisk® Professional brands.

We are a key partner to some of the largest and highest-growth organizations in the world. From enabling systems to make cities safer and more connected, to powering the data centers behind many of the world’s biggest companies and hyperscale cloud providers, to meeting the massive and ever-growing data storage needs of the AI era, Western Digital is fueling a brighter, smarter future.

Today’s exceptional challenges require your unique skills. Together, we can build the future of data storage.

Job Description

SUMMARY OF THE ROLE:

As a Lead Fixed Asset Accountant, Global Finance Operations, you will be responsible for Fixed Asset (FA) operations, including monitoring Capital Improvement Projects (CIP), managing asset capitalization, retirements, and transfers, and leading month-end closing in the US. Responsibilities include posting FA accruals, closing the monthly subledger, preparing reports, and reconciling accounts. You will ensure compliance with SOX and KPMG audits, coordinate asset disposals, and conduct annual physical counts. Additionally, you will handle inter- and intra-company asset transfers and support monthly Capital Request reviews. The role aims to streamline and improve processes while preparing ad hoc reports and collaborating with stakeholders on capex inquiries.

JOB RESPONSIBILITIES AND ROLE ACCOUNTABILITIES:

  • In charge of the Fixed Asset (FA) operations including CIP monitoring, FA capitalization, Retirements, Transfers & lead month-end closing activities for US
  • Post FA accruals and perform Monthly Subledger Close
  • Prepares Roll forward reports and Accounts Reconciliation monthly and quarterly
  • FA in charge for SOX and KPMG Audit requirements.
  • Coordinates actual physical disposal of fixed assets
  • Performs annual FA physical count and reporting
  • Prepares inter and intra-company asset transfers and documentations
  • Accounting resource for the monthly Capital Request review
  • Proactively and consistently look for ways on how to standardize, streamline and improve processes.
  • Prepare and provide ad hoc reports and requests coming from external and internal customers.
  • Direct coordination with stakeholders/asset owners and assisting them in capex-related inquiries

Qualifications

Education and Work Experience:

  • Bachelor's degree in Accountancy, Management Accounting, Financial Management, Business Management, or a related field of study.
  • Atleast 7 years of professional experience in the Fixed Asset function.
  • Industry exposure in Shared Service setup is highly preferred.

System & Application Requirements:

  • Strong familiarity with financial software and ERP systems, particularly Oracle Cloud or SAP.
  • Proficient in Microsoft Office Suite, specifically Microsoft Excel.

Skills & Competency Requirements:

  • Strong knowledge of accounting principles and fixed asset process.
  • Ability to quickly develop relationships of trust and confidence with a variety of people and personalities, at all levels within an organization.
  • Ability to effectively multi-task and work collaboratively in a fast-paced, team environment or even in a Work from home set up.

Other Requirements:

  • Open to employment opportunities in Binan City, Laguna, CALABARZON, Philippines.
  • Open to a temporary remote work arrangement.
  • Open to a dayshift/midshift work schedule.

Important Reminders:

  • We provide free medical examination.
  • We do not collect any original requirements.
  • We do not collect any fees at any stage of the hiring process.

Additional Information

Western Digital thrives on the power and potential of diversity. As a global company, we believe the most effective way to embrace the diversity of our customers and communities is to mirror it from within. We believe the fusion of various perspectives results in the best outcomes for our employees, our company, our customers, and the world around us. We are committed to an inclusive environment where every individual can thrive through a sense of belonging, respect and contribution.

Western Digital is committed to offering opportunities to applicants with disabilities and ensuring all candidates can successfully navigate our careers website and our hiring process. Please contact us at [email protected] to advise us of your accommodation request. In your email, please include a description of the specific accommodation you are requesting as well as the job title and requisition number of the position for which you are applying.

NOTICE TO CANDIDATES: Western Digital has received reports of scams where a payment is requested on Western Digital’s behalf as a condition for receiving an offer of employment. Please be aware that Western Digital and its subsidiaries will never request payment as a condition for applying for a position or receiving an offer of employment. Should you encounter any such requests, please report it immediately to Western Digitals Ethics Helpline or email [email protected]

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Average salary estimate

$80000 / YEARLY (est.)
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$70000K
$90000K

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What You Should Know About Lead Fixed Asset Accountant, Global Finance Operations, Western Digital

Welcome to your next big career move! At Western Digital, we’re on the hunt for a Lead Fixed Asset Accountant to join our Global Finance Operations team based in Biñan, Philippines. Imagine being part of a company that's driven by big ideas and innovation, where your role directly impacts our cutting-edge technology. As the Lead Fixed Asset Accountant, you'll take charge of monitoring Capital Improvement Projects, managing asset capitalization, retirements, and transfers, and leading the month-end closing activities. Your day will include posting Fixed Asset accruals, preparing insightful reports, and ensuring compliance with SOX and KPMG audits, all while maintaining a friendly collaboration with stakeholders on capital expenditure inquiries. With at least 7 years of experience in the Fixed Asset realm, your expertise will play a key role in driving improvements and streamlining processes. If you're ready to leverage your knowledge of accounting principles, financial software, and ERP systems like Oracle Cloud or SAP, then we’d love to hear from you! Join us at Western Digital, where together, we can shape the future of data storage and creativity.

Frequently Asked Questions (FAQs) for Lead Fixed Asset Accountant, Global Finance Operations Role at Western Digital
What are the primary responsibilities of a Lead Fixed Asset Accountant at Western Digital?

As a Lead Fixed Asset Accountant at Western Digital, you'll handle fixed asset operations such as monitoring Capital Improvement Projects, asset capitalization, and management of asset retirements and transfers. You'll also lead month-end closing activities, post Fixed Asset accruals, reconcile accounts, and prepare financial reports while ensuring compliance with SOX and KPMG audits.

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What qualifications are needed to apply for the Lead Fixed Asset Accountant position at Western Digital?

For the Lead Fixed Asset Accountant position at Western Digital, you will need a Bachelor's degree in Accountancy, Management Accounting, Financial Management, or a related field. Additionally, a minimum of 7 years of professional experience in Fixed Asset functions, alongside familiarity with financial software and ERP systems like Oracle Cloud or SAP, is crucial for success.

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How does the Lead Fixed Asset Accountant role contribute to Western Digital's success?

The Lead Fixed Asset Accountant plays a critical role in enhancing the efficiency and accuracy of financial operations at Western Digital. By expertly managing fixed assets and ensuring compliance, you help drive strategic financial planning and decision-making, ultimately contributing to the company's ability to innovate and maintain its position as a leader in data storage technology.

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What skills are important for a Lead Fixed Asset Accountant at Western Digital?

A successful Lead Fixed Asset Accountant at Western Digital should possess strong knowledge of accounting principles and fixed asset processes, excellent analytical skills, and a profound ability to communicate effectively with stakeholders at all levels. Proficiency in Microsoft Office Suite, especially Excel, is also necessary for data analysis and reporting.

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Is remote work an option for the Lead Fixed Asset Accountant position at Western Digital?

Yes! At Western Digital, we understand the importance of flexibility and are open to a temporary remote work arrangement for the Lead Fixed Asset Accountant position. This can help you find a balance that suits your work-life needs while contributing to our ambitious goals.

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Common Interview Questions for Lead Fixed Asset Accountant, Global Finance Operations
Can you describe your experience with fixed asset accounting?

In answering this question, outline your previous roles in fixed asset accounting, emphasizing your experience with monitoring capital projects, managing asset transfers, and leading month-end closings, particularly in environments similar to Western Digital's diverse operational setting.

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What is your approach to managing the month-end closing process?

Highlight your systematic approach to month-end closing processes, including posting accruals, closing subledgers, and ensuring reconciliation of accounts. Mention any tools or systems you’ve used to streamline this process efficiently.

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How do you ensure compliance with SOX and other audit requirements?

Discuss your familiarity with SOX requirements and your proactive strategies for ensuring compliance, such as regular audits, documentation processes, and collaboration with audit teams, drawing on your experience to demonstrate your competency.

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What challenges have you faced in fixed asset management, and how did you handle them?

Provide examples of specific challenges you've encountered, such as discrepancies in asset records or audit findings. Detail how you resolved these issues through diligent research, communication with teams, or implementing new procedures.

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Can you explain your experience with ERP systems like Oracle Cloud or SAP?

Share specific experiences detailing how you've used Oracle Cloud or SAP in managing fixed assets, including any modules you're familiar with, and emphasize how these tools enhance accuracy and efficiency in accounting processes.

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How would you approach optimizing the fixed asset accounting processes?

Discuss your ideas for optimizing fixed asset accounting processes, focusing on areas such as automation of data entry, regular training for the accounting team, and standardization of procedures to foster consistency and accuracy.

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How do you prioritize your tasks, especially during peak periods?

Illustrate your time management skills by detailing how you prioritize tasks and responsibilities during busy periods, particularly emphasizing how organization and clear communication play key roles in your success.

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Can you provide an example of a successful project you managed?

Describe a project you led related to fixed asset accounting, detailing goals, your specific role, the challenges faced, and the positive outcomes achieved, showcasing your ability to lead effectively.

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How do you handle inter-company transfers?

Outline your systematic approach to managing inter-company asset transfers, including documentation, communication with involved parties, and ensuring compliance with internal and external guidelines, demonstrating your thorough understanding of this aspect.

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What techniques do you use to maintain accuracy in reconciliations?

Talk about specific techniques like establishing checklists, conducting periodic reviews, and utilizing validation software that ensure high levels of accuracy in reconciliations, underscoring your commitment to quality.

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At Western Digital, we believe in the promise of data and we’re redefining how the world keeps and leverages it. We power the technology and develop the solutions that transform the possibilities of data into reality. At every step, we innovate wi...

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Full-time, hybrid
DATE POSTED
March 23, 2025

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