Ibm, Inc. Work Values

Daily Duties at Ibm, Inc.:

Provided analysis of working capital statistics, high functional analysis using process flow diagrams, workflow analysis and YTY reviews. Identified solution options with cost/benefit analysis, risk assessments, provided reasons for recommended solutions. Monitored forecasts compared to actuals, produced variance analysis and developed benchmarks to measure performance of cash conversion cycle. Prepared Treasury’s Quarterly Board Reports for the CFO and Treasurer used in the 10Q, 10K footnotes and narratives. Ensured internal Revenue Recognition Policies are followed worldwide in accordance with GAAP and in compliance with the revenue recognition rules (ASC 605, AICPA’s SOP 97-2, SOP 98-9 and SOP 81-1 and the SEC’s Staff Accounting Bulletin SAB 101/ SAB 104 and EITF 00-21). Assisted the due diligence team for the acquisition of various potential entities and handled the accounting for divestiture, mergers and acquisitions. Key player in the ongoing convergence efforts to prepare IBM for a potential global conversion from U.S. GAAP to International Financial Reporting Standards (“IFRS”) providing clearer guidance and consistency among similar transactions between brands to increasing structural efficiencies and economies of scale. Responsible for Federal Contract Management using extensive industry knowledge of government contract accounting, applicable laws and regulations (including Federal Acquisition Regulation (FAR), FAR supplements and use of the GSA schedules). Provided accounting oversight for general ledger; coordinated activities with internal and outside auditors for proper financial reporting, Unauthorized Pricing Commitments (UPC) audits.

What they like about Ibm, Inc.:

You give high priority to hiring firms with prestige. Market reputation and prestige of a firm may be determined through on-line research, and conversations with individuals working in your target industry. Note that firms "in the public eye" receive a great deal more critical publicity and attention than those operating with more anonymity. So as you assess your employment opportunities, be sure to seek out the positive aspects of the firm's reputation in addition to noting negative publicity the company may have received.

Tags

SAP, GAAP, IFRS, ASC 606, ASC 605, Financial Analysis, 10Q and 10K SEC filings, Government contracts, GSA, Audit, Sox Compliance, A/R, A/P, Payroll, HR Management, Consolidation, Inter-company transactions, ASC 842, Advance Excel, ERP Systems

Skills

These are some of the questions we asked our climbers about their experiences with Ibm, Inc.: