Position Summary:
The Manager, Fixed Asset Accounting is responsible for the accounting, analysis, policies, procedures, and controls related to JetBlue’s ground and aircraft fixed assets, as well as software assets and software-as-a-service (SaaS). This role ensures accurate general ledger postings, reconciliations, budget-to-actual analysis, as well as maintaining robust internal controls and compliance with U.S. GAAP. The role works collaboratively with multiple functions including technical operations, fleet strategy, information technology, infrastructure, treasury, financial planning and analysis, and legal to provide accounting guidance, support financial planning, and review contracts to ensure proper accounting treatment.
Essential Responsibilities:
Manage the team responsible for the accounting of aircraft fleet (owned and leased), ground fixed assets, and software assets, including related depreciation, amortization, and impairment assessments
Maintain reconciliation of fixed asset system to general ledger
Lead depreciation forecasting, budgeting, and variance analysis
Partner with Fleet Strategy, IT, Infrastructure, Treasury and Technical Operations on new transactions providing accounting guidance and analyses on corporate initiatives
Review fixed asset purchase, sale, lease, and modification contracts to determine proper accounting treatment
Prepare and review technical accounting memos and documentation supporting key accounting judgments
Develop and maintain fixed asset accounting policies, and procedures
Support SEC reporting and other regulatory filings, including preparation and review of footnote and MD&A disclosures
Liaise with internal and external auditors, providing audit deliverables as needed
Ensure compliance with internal controls and implement process improvements to enhance efficiency and accuracy
Recommend improvements to the efficiency of the accounting process and timeliness of deliverables
Take a significant role in the development of crewmembers to support the engagement, growth, and goal achievement
Other duties as assigned
Minimum Experience and Qualifications:
Bachelor’s Degree in Accounting or Finance; OR demonstrated capability to perform job responsibilities with a combination of a High School Diploma/GED and at least four (4) years of previous relevant work experience
Valid Certified Public Accountant (CPA)
Five (5) years’ experience in accounting roles, including public accounting and/or with a public company
Proven understanding of accounting theory and United States Generally Accepted Accounting Principles
Available for overnight travel (10%)
Must pass a pre-employment drug test
Must be legally eligible to work in the country in which the position is located
Authorization to work in the US is required. This position is not eligible for visa sponsorship
Preferred Experience and Qualifications:
Proficient with the Microsoft Office Suite
Previous airline industry experience
Strong analytical & problem-solving skills
Self-starter who possesses a sense of urgency and an ability to operate in a fast-paced environment with shifting demands
Previous experience with supervising others
Excellent verbal and written communication skills
Crewmember Expectations:
Regular attendance and punctuality
Potential need to work flexible hours and be available to respond on short-notice
Able to maintain a professional appearance
When working or traveling on JetBlue flights, and if time permits, all capable crewmembers are asked to assist with light cleaning of the aircraft
Must be an appropriate organizational fit for the JetBlue culture, that is, exhibit the JetBlue values of Safety, Caring, Integrity, Passion and Fun
Must fulfill safety accountabilities as prescribed by JetBlue’s Safety Management System
Promote JetBlue’s #1 value of safety as a Safety Ambassador, supporting JetBlue’s Safety Management System (SMS) components, Safety Policy and behavioral standards
Identify safety concerns, issues, incidents or hazards that should be reported and report them whenever possible and by any means necessary including JetBlue’s confidential reporting systems (Aviation Safety Action Program (ASAP) and Safety Action Report (SAR))
Responsible for adhering to all applicable laws, regulations (FAA, OSHA, DOT, etc.) and Company policies, procedures and risk controls
Uphold JetBlue’s safety performance metric goals and understand how they relate to their duties and responsibilities
The use of ChatGPT or any other automated tool during the interview process will disqualify a candidate from being considered for the position.
Equipment:
Computer and other office equipment
Work Environment:
Traditional office environment
Physical Effort:
Generally not required, or up to 10 pounds occasionally, 0 pounds frequently (Sedentary)
Compensation:
The base pay range for this position is between $81,000.00 and $136,200.00 per year. Base pay is one component of JetBlue’s total compensation package, which may also include performance bonuses, restricted stock units, as well as access to healthcare benefits, a 401(k) plan and company match, crewmember stock purchase plan, short-term and long-term disability coverage, basic life insurance, free space available travel on JetBlue, and more
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Long Island City, NY
JetBlue Airways Corporation, stylized as jetBlue, is a major American airline low cost passenger carrier, and the sixth largest in the United States by passengers carried. JetBlue Airways is headquartered in the Long Island City neighborhood of the New York City borough of Queens, with its main base at John F. Kennedy International Airport. It also maintains corporate offices in Cottonwood Heights, Utah and Orlando, Florida.
As of 2018 it ranked No. 402 financially on the Fortune 500 list of the largest United States corporations by total revenue. jetBlue operates over 1,000 flights daily and serves 102 domestic and international network destinations in the U.S., Mexico, the Caribbean, Central America and South America. JetBlue is not a member of any of the three major airline alliances, but it has codeshare agreements with 21 airlines, including member airlines of Oneworld, SkyTeam, Star Alliance, and unaffiliated airlines.