Provides management with financial information by tracking, analyzing, and reporting on fixed assets.

Works closely with cross-functional teams as required.

Responsible for maintaining an up-to-date asset register, performing asset valuations, and supporting asset-related financial reporting processes so that client can maintain a competitive edge.

Key Deliverables

• Properly recording newly acquired fixed assets, tracking of existing assets and working with project leads to ensure capitalization of CIP in a timely manner.
• Maintain accurate records of all fixed asset transactions, including acquisitions, disposals, transfers, and depreciation.
• Close the domestic fixed asset subledger at month-end and record depreciation expense, additions, and disposals.
• Conduct regular reconciliations to ensure that the fixed asset ledger aligns with the general ledger and the nonfinancial information submitted in the financial statement consolidation.
• Prepare monthly and quarterly reports for management’s review and financial reporting.
• Research and interpret data to resolve accounting and financial questions.

Key Activities & Responsibilities

• Maintain all aspects of the fixed asset ledger, for both financial reporting and tax purposes.
• Coordinate and record fixed asset transactions, including additions, adjustments, transfers, and disposals. Ensure proper accounting treatment, capitalization thresholds, and approvals are in place.
• Track capital spend for on-going projects, helping management to understand current spending and to project future spending.
• Coordinate the capitalization of construction-in-progress assets for timely in-production dates.
• Assist with periodic physical inventory counts of fixed assets, including any adjustments required because of the count.
• Develop and implement accounting procedures by analyzing current procedures, recommending changes.
• Compliance with all accounting policies and procedures and Sarbanes Oxley requirements as well as preparing necessary SOX documentation.
• Support the FASB lease accounting standards.
• Stay updated on relevant accounting standards and regulations to ensure full compliance in asset accounting practices.
• Provide support for any fixed asset audits as needed.
• Actively support Client’s core values, mission statement and vision statement.
• Assume other special activities and responsibilities as directed.

To be successful in this role, your experience and competencies are:

• Bachelor’s Degree (B.A. or B.S) from an accredited University or College
• General accounting experience preferred.
• Strong understanding of United States Generally Accepted Accounting Principles (GAAP), fixed asset and lease accounting, and general ledger transaction recording and reconciliation.
• Strong communication and interpersonal skills.
• Detail oriented, organized, and self-motivated.
• Demonstrate ability to manage multiple tasks at once.
• Proficient with Microsoft Office Suite or similar software, and accounting software.

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