Job Description

Job Description: Fixed Asset Accountant

As a Fixed Asset Accountant, you will play a key role in overseeing the accurate management, reporting, and compliance of the company’s fixed assets. You will apply and communicate accounting principles related to fixed asset management, ensuring full adherence to US GAAP standards while generating timely and precise financial reports.

Key Responsibilities:

• Fixed Asset System & Process Oversight : Develop, manage, and maintain procedures, forms, and controls for the company's fixed asset system, ensuring efficient tracking of additions, retirements, transfers, and disposals.
• Depreciation & Asset Transactions : Ensure depreciation calculations, disposals, transfers, and asset retirements are accurately recorded in alignment with accounting standards.
• Asset Tagging & Audits : Oversee the tagging of fixed assets, conduct periodic audits, and ensure compliance with reconciliation processes.
• Policy & Record Maintenance : Collaborate to design accounting policies related to job cost tracking and manage comprehensive records of property, plant, and equipment.
• Reconciliation & Reporting : Reconcile fixed asset-related balance sheet accounts and produce detailed financial reports for internal and external stakeholders.
• Collaboration with Project Teams : Partner with project managers to address inquiries related to job and project costs.
• Capital Budget Tracking : Monitor spending on fixed assets relative to the company’s capital budget and management authorizations.
• Property Tax Compliance : Prepare and file property tax returns in coordination with the Director of Tax.
• Other Accounting Functions : Perform research, create journal entries, and manage asset impairment entries as needed.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum of 3–5 years of experience in fixed asset accounting.
• Familiarity with fixed asset accounting software (experience with Microsoft Dynamics is a plus).
• Proficient in depreciation methodologies, asset lifecycle management, and US GAAP accounting principles.
• Proven experience collaborating with internal and external auditors.
• Strong understanding of capital asset accounting practices, including asset capitalization policies, depreciation methods (e.g., straight-line, declining balance), disposals, transfers, and impairment testing.
• Advanced proficiency in accounting software tools (Microsoft Dynamics preferred) and Microsoft Excel (complex formulas, pivot tables, and data analysis).
• Knowledge of tax regulations related to depreciation and fixed assets.
• Skilled in financial reporting, with expertise in preparing accurate, detailed data for stakeholders.
• Familiarity with internal controls and processes for managing fixed assets.

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