Fin06-092016
The Assets Controller will be responsible for managing, tracking and accounting for all equity restaurant (KFC and Pizza Hut) and RSC (KFC and Pizza Hut) assets, as well as the periodic and quarterly reporting thereof (internally and externally). To ensure the accounting and control best practices within the Control team are in line with YRI Pure Gold standards.
Key Responsibilities:
- Management of the company equity restaurants fixed asset registers (approximately 210 assets per store), including retiring old or replaced assets and adding new assets
- Recording of fixed asset acquisitions, disposals and impairment in the fixed asset accounting system
- Assign asset tag numbers to fixed assets
- Preparing capital expenditure (CAPEX) approval forms and managing the approval process, including tracking actual fixed asset expenditures vs. the capital budget and reviewing the nature of invoices and making an approval determination
- Preparing and managing the remodel and new build process for equity restaurants, ensuring that remodel and new build files are accurate and complete and that all approvals have been obtained in advance
- Manage the closed store expense account, including FAS 143 (de-imaging) and closed store impairment accounting, as well as managing and accounting for any excess properties
- Calculate depreciation for all fixed assets each period and assist with forecasting depreciation
- Preparation of periodic and quarterly financial reports, including preparing the Property, Plant and Equipment account roll-forwards on a period basis and when applicable in conjunction with an acquisition or refranchising, the completion of the P08 schedule in HFM
