Position Title: Manager, Fixed Asset Accounting
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
