accounting and finance it’s your career – capitalize on the challenges indiana university

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© IBM Corporation 2003. Accounting and Finance It’s Your Career – Capitalize on the Challenges Indiana University Lorrie Pate February 8, 2005

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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 - PowerPoint PPT Presentation

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Page 1: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Accounting and FinanceIt’s Your Career – Capitalize on the ChallengesIndiana University

Accounting and FinanceIt’s Your Career – Capitalize on the ChallengesIndiana University

Lorrie Pate

February 8, 2005

Page 2: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

SizeSize

$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

Page 3: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Americas

167,000

Europe, Middle East, Africa 100,000

Asia Pacific

49,000

Corporate Headquarters

ScopeScope310,000 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

Page 4: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

MissionMission

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.

Page 5: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

CEO Sam Palmisano

Business Units

Corporate

Global Services

Software Group

Personal Systems Group

Systems and Technology Group

Global Financing

Research

Sales & Distribution

164

Co

un

tries

Page 6: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Finance – Multiple OpportunitiesFinance – Multiple Opportunities

Planning

PricingAccounting

Treasury and Tax

Internal Audit

BusinessDevelopment

Page 7: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Accounting OpportunitiesAccounting Opportunities

Accounting AnalysisAccounting Analysis• GeographyGeography

• BrandBrand

• CorporateCorporate

• ConsolidationConsolidation

• Financial statement componentsFinancial statement components– Revenue, Expense, Cost, Balance SheetRevenue, Expense, Cost, Balance Sheet

Page 8: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Accounting Opportunities (con’t)Accounting Opportunities (con’t)

Financial SystemsFinancial Systems• General ledgerGeneral ledger

• ConsolidationConsolidation

• Fixed AssetsFixed Assets

• Accounts payableAccounts payable

• IntercompanyIntercompany

External ReportingExternal Reporting• 10K, 10Q, Etc.10K, 10Q, Etc.

• Annual ReportAnnual Report

Accounting PracticesAccounting Practices

Page 9: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Other Financial OpportunitiesOther 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

Page 10: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Other Financial Opportunities (con’t)Other Financial Opportunities (con’t)

Business Development• Corporate

• Business Unit

Planning• Measurements, Budgeting and Forecasting

• Operational Accounting

Internal Audit

Page 11: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

LocationsLocations

Somers, NY ArmonkPoughkeepsieEast Fishkill

Research Triangle Park, NC(Raleigh/Durham)

Austin, TX

San Jose, CA

Rochester, MN

Burlington, VT

Boulder, CO

Southbury, CT

Atlanta

Page 12: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

What is Where - Accounting?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

Page 13: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Financial Career PathsIBM = OpportunityFinancial Career PathsIBM = Opportunity

Internal Audit

Cost Accounting Planning

Business Development

Pricing Tax

Financial Systems

TreasuryGlobal Financing

Financial Reporting

Accounting Analysis

Page 14: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

OrganizationsCommunities

Teams

Technology

New employees

Business Industries

Disciplines

Issues

Software GroupSales and

Distribution

RecruitmentRecruitment

What IBM Looks for...• Focus on Education (Degree & GPA)

• Motivation

• Technical Ability

• Teamwork

• Reliability

• Leadership Skills

Page 15: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

OrganizationsCommunities

Teams

Technology

New employees

Business Industries

Disciplines

Issues

Software GroupSales and

Distribution

Employment OpportunitiesEmployment Opportunities

Pre-Professional Internships

Full Time Opportunities

Page 16: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Organizations

Teams

Technology

New employees

Business

Disciplines

Issues

Software Group

Working at IBMWorking at IBM

Employee Well-Being

Diversity

Career Development & Training

Page 17: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Organizations

Teams

Technology

New employees

Business

Disciplines

Issues

Software Group

Working at IBMEmployee Well-BeingWorking at IBMEmployee Well-Being

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

Page 18: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Working at IBM 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

Page 19: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

IBM & DiversityIBM & 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)

Page 20: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Working at IBM Career Development & TrainingWorking 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

Page 21: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Extreme Blue

IBM job postings

Promotions

International assignmentsInternships

Leadership programs

Tuition reimbursement

Benefits to ConsiderBenefits to ConsiderIBM'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

Page 22: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Benefits to ConsiderBenefits to ConsiderYour 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

Page 23: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Benefits to ConsiderBenefits to ConsiderCareer & 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

Page 24: Accounting and Finance It’s Your Career –  Capitalize on the Challenges Indiana University

© IBM Corporation 2003.

Join us as we ride the BlueWave into the Future…Join us as we ride the BlueWave into the Future…