Finance Project Analyst – Lease Administration and Accounting Application and Processes
PPG Industries Inc. - General Office, Pittsburgh
PPG: We protect and beautify the world.
At PPG, we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 130 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com and follow @ PPG on Twitter.
Why join us:
With PPG, you will find meaning in your work every day, and engage in opportunities that will shape you, personally and professionally.
-
Your personal strengths will empower you to succeed and make an impact from day one.
-
You will be inspired to learn and grow, and to get the support you need to identify and achieve your boldest career aspirations.
-
Your passion to excel will be fueled by your connection to world-class partners, industry experts, the best and brightest colleagues, and future forward technologies.
-
Your contributions will not only meet the challenges of our global customers, but help theme propel their industries forward.
-
You will be welcomed into a culture where everyone’s ideas and contributions are valued and encouraged.
Key Responsibilities
In February 2016 the FASB issued a new accounting standard for leases, requiring all leases to be reflected on the balance sheet as right to use assets and lease obligations. Today, PPG has approximately $850 million of leases that are not reflected on its balance sheet.
In order to comply with the standard PPG needs to implement a lease administration and accounting application, complete a lease gathering process in electronic format (PDF or Word), guide a lease abstraction firm to read the lease documents and enter the critical lease data into the application, and develop files in a format that can be accepted by PPG’s 38 ERP systems (integrations) or received from such systems by the application. The finance project analyst will be a full time position that leads or co-leads portions of these three streams. In addition to this position, there will be part time (55%) IT and Global Supply Management (GSM) leads and a part time IT Project Manager.
Given the magnitude of the financial statement impact and the breadth of PPG’s lease population (approximately 15,000), this project is of high importance, with visibility at the levels of the VP GSM, VP & Controller and the CFO.
Currently, there is a Lease Administration and Accounting Task Force in place that is comprised of associates from Controllership, GSM, Architectural Coatings, IT and Treasury. The three team leads will receive guidance from the full Task Force and they will also serve as members of the Task Force. The team leads will work closely, collaborating with Lucernex (lease application) and Fell Lease Administration (lease abstraction firm).
The team leads will ensure that project streams stay on time or timely report back to the full task force with roadblocks or bottlenecks that are not readily resolvable. They will regularly communicate with the future users of the application and suppliers of the lease documents in order to keep them apprised of the project’s status and implications of the deployment of the application. In addition, they will develop training documents and lead regional training sessions for the future users of the application.
The project will take 1 – 1.5 years to complete with a go live of the new standard as of January 1, 2019.
Successful performance of the job’s requirements will ensure that the project is completed on time, on or under budget.
Specific responsibilities include:
- Provide leadership and direction to ensure successful completion of the project.
- Timely identify problems, bottlenecks, and obstacles and identify and implement logical solutions, otherwise bring the issues to the Task Force for assistance in resolution.
- Effectively communicate in a team setting to provide timely input and feedback.
- Liaise with the Task Force, Lucernex and Fell consultants and the future users.
- Deliver project communication to future users and project sponsors to ensure a successful implementation.
- Ensure that the design of the application (Lucernex) will meet PPG’s requirements.
- Collaborate with the other functional leads and with the application consultants to develop and populate the lease application
- Ensure that effective testing and deployment of the application occurs.
- Ensure that the application is populated with all of PPG’s leases and that the data in the application is accurate.
- Assist with a search for unidentified leases and document the process, which should ensure that the population of leases in the system is complete.
#dd1
Minimum Required Experience and Education:
- A bachelors Degree in Accounting, finance or related field of study required.
- 3 years accounting or finance experience
- Understanding of accounting processes required
Preferred Experience:
- Previous general ledger and/or accounts payable experience
- Previous experience with ERP systems such as SAP, Oracle and/or QAD.
PPG prides itself on the quality of its employees and as such, candidates who receive a job offer will be required to successfully pass a hair drug/toxins test and a background check.
PPG Industries, Inc. offers an opportunity to grow and develop your career in an environment that provides a fulfilling workplace for employees, creates an environment for continuous learning, and embraces the ideas and diversity of others. All qualified applicants will receive consideration for employment without regard to sex, pregnancy, race, color, creed, religion, national origin, age, disability status, protected veteran status, marital status, sexual orientation, gender identity or expression, or any other legally protected status. PPG is an Equal Opportunity Employer. You may request a copy of PPG’s affirmative action plan by emailing ppgaap@ppg.com.
To read more about Equal Employment Opportunity please see attached links:
http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf
https://www.dol.gov/ofccp/pdf/EO13665_PrescribedNondiscriminationPostingLanguage_JRFQA508c.pdf
https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf
PPG Industries, Inc. offers an opportunity to grow and develop your career in an environment that provides a fulfilling workplace for employees, creates an environment for continuous learning, and embraces the ideas and diversity of others. All qualified applicants will receive consideration for employment without regard to sex, pregnancy, race, color, creed, religion, national origin, age, disability status, protected veteran status, marital status, sexual orientation, gender identity or expression, or any other legally protected status. PPG is an Equal Opportunity Employer. You may request a copy of PPG’s affirmative action plan by emailing ppgaap@ppg.com.
To read more about Equal Employment Opportunity please see attached links:
http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf
https://www.dol.gov/ofccp/pdf/EO13665_PrescribedNondiscriminationPostingLanguage_JRFQA508c.pdf
https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf
Posted: 30+ days ago
About PPG Industries Inc.
PPG's vision is to continue to be the world's leading coatings and specialty products company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction ma... more
