Job Details

Manager - Fixed Assets/Projects/Real Estate


Date Opened: 11/29/2018

Job Type:

Job Number: 18000DY3

Job Description

Personal Company Description


Hudson's Bay Company (HBC) is coming to India! We are in the process of setting up an integrated Global In-House Center, (GIC), in Bangalore to build a corporate team who will play an important role as HBC executes its strategic plan. This center will house approximately 450 highly talented individuals in the first two years and the office has potential to expand as the business grows. We will begin to build our team in Bangalore focused on Information Technology, Information Security, Finance and Accounting, and may then scale the operations to build capabilities in various other functions.

Hudson's Bay Company is one of the fastest-growing department store retailers in the world. In North America, HBC's leading banners include Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, Saks OFF 5TH, Find @ Lord & Taylor, and Home Outfitters. In Europe, HBC's banners include GALERIA Kaufhof (the largest department store group in Germany), Galeria INNO (Belgium's only department store group), and Sportarena. At HBC we are a company of adventurers who explore uncharted territory, challenge convention, and work with imagination and fun.


Reporting Relationships: The Manager- Fixed Assets / Projects / Real Estate is a management role within the Record-to-Report team reporting to the Director-Record-to-Report


Major Responsibilities


The Manager – Fixed Assets / Projects / Real Estate is responsible for all aspects of service delivery by the HBC team in support of the company's Fixed Assets, Capital / Project and Real Estate / Property processes. This role must demonstrate a high degree of customer orientation to meet the needs of internal customers / business partners with the global HBC Finance team, as well as other internal partners including Information Technology, Store Planning and banner Finance teams. The position will provide management and oversight over the Fixed Assets, Capital Project Accounting and Real Estate / Property accounting activities performed by HBC India including period end accounting, tax accounting and reporting.  The incumbent will be responsible for the overall quality of service delivery for the Fixed Assets / Capital team, including acting as an escalation point to resolve and correct any issues / concerns raised by the global Finance teams.


Primary Role responsibilities include:


  • Oversee team responsible for Fixed Asset, Capital / Project Accounting and Lease / Property Accounting activities in support of banner Finance teams a timely and efficient manner and in full compliance with HBC policies and procedures.
  • Achieve daily processing targets
  • Analyze and research all discrepancies/exceptions in the process
  • Effectively plan, prioritize and execute everyday floor operations
  • Consistently monitor key performance parameters of the process and identify and implement new ways to improve the quality of work as well as the means of working on processes
  • Interact with Internal / External auditors as required
  • Ensure timely and efficient delivery of key activities including:
    • Fixed Asset Accounting
      • Period End activities including Asset Capitalization, Depreciation JE and other journals
      • Accounting for asset disposals, transfers and retirement
      • Fixed Asset Reporting
      • Account reconciliations
    • Property & Lease Accounting
      • Lease and property accounting including CAM, Tax & Utilities
      • Preparing property tax reports, analysis of tax entries
      • Prepare and submit sales for rent calculations
      • Account reconciliations
    • Capital and Project invoicing
      • Review and issue Capital change requests and Purchase Orders
      • Process PO Adjustments and Budget Adjustment
      • Review and process capital invoices
  • Support effort in building a high performing team and implement strategies to retain talent
  • Trains, coaches, mentors and directs the work of direct reports.

Job Qualifications

Personal Characteristics


The successful candidate must be a proactive self-starter with a dynamic and resilient nature able to work and lead in a fast-paced environment. He/she will possess excellent communication and interpersonal skills in order to engage with stakeholders across the business and provide critical input to business teams. This individual will have a demonstrated ability to manage multiple priorities simultaneously with strict adherence to deadlines.


Professional Qualifications

  • Strong financial aptitude with minimum 10 years of work experience in Corporate Finance with MNCs/GICs, with preference to Retail industry focused on Fixed Assets, Real Estate and Project Accounting functions
  • Minimum 5 years supervisory / people management experience
  • Experience in Oracle ERP (Oracle Fusion Preferred) and Multiview
  • Strong proficiency in Microsoft office suite (Word, PowerPoint, Excel)
  • Six Sigma certification or equivalent process improvement methodology required (Black belt preferred)
  • Demonstrated expertise in design and implementation of financial processes and technology
  • Demonstrated success in Leading and managing teams and directing multi-functional business units
  • Strong working experience in Financial Planning & Analysis processes

Educational Credentials

MBA Finance

Chartered Accountant (preferred)

Office Hours

Shifts can vary based on organizational needs


NOTE: HBC welcomes all applicants for this position, however, only those selected for an interview will be contacted.