Accounting Manager, Joint Venture Accounting and Reporting, Data CenterM

Posted 2 Days Ago
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3 Locations
Remote
Senior level
Big Data • Cloud • Information Technology
The Role
The Accounting Manager for Joint Ventures oversees all accounting and reporting aspects related to joint ventures within Iron Mountain's Data Centers, collaborating with various teams to ensure compliance with agreements, prepare financial statements, manage audits, and implement process improvements.
Summary Generated by Built In

At Iron Mountain we know that work, when done well, makes a positive impact for our customers, our employees, and our planet. That’s why we need smart, committed people to join us. Whether you’re looking to start your career or make a change, talk to us and see how you can elevate the power of your work at Iron Mountain.

We provide expert, sustainable solutions in records and information management, digital transformation services, data centers, asset lifecycle management, and fine art storage, handling, and logistics. We proudly partner every day with our 225,000 customers around the world to preserve their invaluable artifacts, extract more from their inventory, and protect their data privacy in innovative and socially responsible ways. 

Are you curious about being part of our growth stor​y while evolving your skills in a culture that will welcome your unique contributions? If so, let's start the conversation.

Accounting Manager, Joint Venture Accounting and Reporting, Data Center

Iron Mountain Incorporated (NYSE: IRM) is global leader in storage and information management services and trusted by more than 225,000 organizations around the world, including over 90% of the Fortune 1000. The Global Data Center Business of IRM provides enterprise-class data center facilities and hyperscale-ready capacity to protect mission-critical assets and ensure the continued operation of our customers’ IT infrastructure with secure, reliable and flexible data center options.

The joint venture accounting and reporting manager will be an integral part of the Controllership and Accounting organization of Iron Mountain Data Centers (IMDC). The joint venture accounting manager will be responsible for managing all aspects of accounting and reporting

related to joint ventures of IMDC.

Responsibilities:

● Responsible for the books and records of joint ventures (JVs) throughout all phases of the JVs, from JV formation, construction phase, fully leased up to day to day operations.

● Working with revenue assurance team and billing team, capex team, real estate and accounting policies and processes.

● Working with design and construction team, commercial and operations teams to advise, assess and document accounting implications related to construction, commercial and operational activities and as issues arise.

● Working closely with business partners, legal and treasury departments to ensure the accounting of fund flows in accordance with joint venture agreements and lender agreements.

● Preparing annual/quarterly financial statements for each JV (i.e., balance sheet, income statement, cash flow statement, and statement of changes in equity) as required by respective joint agreements or lenders.

● Managing audits of JV financials, facilitating audit requests and ensuring timely completion of audits and issuance of audited financials. Collaborating and assisting with data needed for the global group audit.

● Working closely with shared services providers to ensure timely and accurate delivery of accounting activities ensure timely resolution of issues or processes gaps.

● Implementing controls and process improvement as appropriate.

● Partnering with Iron Mountain’s Accounting Centers of Excellence (e.g. Revenue Recognition, fixed assets/capital COE, M&A COE) for support on complex transactions that impact joint ventures.

● Collaborating with COE, documenting in accounting memos significant or complex revenue or other contract arrangements as it related to the joint ventures.

Key Skills, Requirements and Competencies:

● 8-10 years of experience in Accounting.

● CPA required

● Minimum of 6 years of financial statement audit and reporting experience at a public

accounting firm and/or a large, multi-national public company required.

● In-depth knowledge of US GAAP. Working knowledge of ASC842 lease accounting,

ASC970 real estate accounting and ASC815 derivatives a plus.

● Effective communication skills; ability to build relationships across all business functions.

● Experience and proficiency with financial systems/ERP. Oracle experience a plus.

#LI-remote

Category: Finance

Top Skills

Asc815
Asc842
Asc970
Oracle
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The Company
HQ: Boston, MA
32,000 Employees
Hybrid Workplace
Year Founded: 1951

What We Do

Iron Mountain Incorporated (NYSE: IRM) is the global leader for storage and information management services. Trusted by more than 220,000 organizations around the world, Iron Mountain boasts a real estate network of more than 80 million square feet across more than 1,350 facilities in 45 countries dedicated to protecting and preserving what matters most for its customers. Iron Mountain’s solutions portfolio includes records management, data management, document management, data centers, art storage and logistics, and secure shredding help organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information. Founded in 1951, Iron Mountain stores and protects billions of information assets, including critical business documents, electronic information, medical data and cultural and historical artifacts.

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