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Accounting and Finance It’s Your Career – Capitalize on the Challenges Indiana University. Lorrie Pate February 8, 2005. Size. $89.1 billion in revenue $7.6 billion net income World’s Largest Business and technology services consultancy IT rental and financing company Hardware company
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Accounting and FinanceIt’s Your Career – Capitalize on the ChallengesIndiana University Lorrie Pate February 8, 2005
Size • $89.1 billion in revenue • $7.6 billion net income • World’s Largest • Business and technology services consultancy • IT rental and financing company • Hardware company • Second largest software company
Scope • 310,000 employees worldwide • Operations in more than 160 countries • Headquarters: Armonk, New York • Technical community is the largest in the world, • with more than 165,000 people Europe, Middle East, Africa 100,000 Corporate Headquarters Asia Pacific 49,000 Americas 167,000
Mission • Lead in the creation, development and manufacture of the industry's most advanced information technologies. • Translate advanced technologies into value for our customers through our professional solutions and services businesses worldwide.
CEO Sam Palmisano • Business Units
Planning Accounting Pricing Treasury and Tax Internal Audit Business Development Finance – Multiple Opportunities
Accounting Opportunities • Accounting Analysis • Geography • Brand • Corporate • Consolidation • Financial statement components • Revenue, Expense, Cost, Balance Sheet
Accounting Opportunities (con’t) • Financial Systems • General ledger • Consolidation • Fixed Assets • Accounts payable • Intercompany • External Reporting • 10K, 10Q, Etc. • Annual Report • Accounting Practices
Other Financial Opportunities • Pricing • Pricing strategy to optimize IBM financial returns • In-depth investment analysis of complex proposals • Treasury and Tax • Capital Structure • Risk Management • Debt and Capital Markets • Intercompany Relationships • Investor Relations • Cash Management • Retirement Funds
Other Financial Opportunities (con’t) • Business Development • Corporate • Business Unit • Planning • Measurements, Budgeting and Forecasting • Operational Accounting • Internal Audit
Boulder, CO Rochester, MN Somers, NY Armonk Poughkeepsie East Fishkill Burlington, VT Southbury, CT Research Triangle Park, NC (Raleigh/Durham) San Jose, CA Atlanta Austin, TX Locations
What is Where - Accounting? • In the US • New York/Connecticut • Somers and Armonk • Consolidation, Geography HQ, Worldwide Brand, Corporate Headquarters • Southbury • Intercompany, Financial IT • Raleigh, North Carolina • US Accounting Analysis • Fixed Assets and General Ledger Systems • Various • Cost Accounting (Plant sites) • Non-US
Recruitment Organizations Communities • What IBM Looks for... • Focus on Education (Degree & GPA) • Motivation • Technical Ability • Teamwork • Reliability • Leadership Skills Teams Technology Disciplines New employees Issues Business Industries Software Group Sales and Distribution
Employment Opportunities Organizations Communities • Pre-Professional Internships • Full Time Opportunities Teams Technology Disciplines New employees Issues Business Industries Software Group Sales and Distribution
Working at IBM Organizations • Employee Well-Being • Diversity • Career Development & Training Teams Technology Disciplines New employees Issues Business Software Group
Working at IBMEmployee Well-Being Organizations • Flexible Work Schedules • On-site Health Screenings / Flu Shots • Life Works - information on parenting, education, child care, elder care, personal life planning • Healthy Living Rebates (up to $300) • Personal Leaves of Absence Teams Technology Disciplines New employees Issues Business Software Group
Working at IBM • A Commitment to Diversity "None of us is as strong as all of us" • Employee Network Groups • Women • Gay/Lesbian • American Indian • Asian • Black • Hispanic • Persons With Disabilities
IBM & Diversity • Working Mothers Magazine ranks IBM in Top 10 for 14 years in a row as one of the best places to work • IBM is dedicated to Women in Technology Program • Women Execs increase 27% • NSBE rated IBM #1 employer (11 out of 13 years)
Working at IBM Career Development & Training • Tuition Refund - reimbursement for accredited college courses linked to your IBM career • Educational leave of absence - to pursue completion of undergraduate or advanced degree • On-site Education & Training
IBM's Total Compensation package in the United States represents a significant investment by the company in its employees. The strategy is to offer you an overall set of comprehensive employment programs that are competitive with the market. Total Compensation includes cash compensation, access to health care, retirement and savings plans, and other benefits and services which you receive in return for your valued contributions and achievements while at IBM. Pay Base Pay Variable Pay Awards Job Classification/Position Evaluation Insurance Group Life Insurance Sickness and Accident Income Plan Long-Term Care Insurance Health Medical Dental Vision Mental Health Managed Pharmacy Program Disability (LTD) Benefits Enrollment Benefits to Consider IBM job postings Tuition reimbursement Internships International assignments Extreme Blue Promotions Leadership programs
Your Money TDSP (Tax Deferred Savings Plan) Employees Stock Purchase Plan Voluntary Plan for Dependent Care Life Planning Account (LPA) Financial Planning Cash Back (LPA) Health Care Reimbursement Account Workplace Practices Flex Work Options Time Off Vacation Plan Holiday Plan Health-Related Time Off Educational Leaves Maternity Related Benefits to Consider
Career & Learning Tuition Refund Program Community Programs Fund for Community Service Community Service Assignments Matching Grants Technical Academic Career Program (TACP) Employee Charitable Contribution Campaign Leaving IBM Personal Pension Account (PPA) Future Health Account (FHA) Workplace Practices Employees Services & Family Care Adoption Assistance Counseling Child-Related Programs Elder Care Programs Adult Disabilities Child-Related Programs / Special Care for Children Assistance Plan (SCCAP) Work/Life Balancing / LifeWorks Discounts/Employee Sales Program Benefits to Consider