Fixed Assets Accountant Job Description
Fixed assets accountant
provides assistance to International accounting teams on questions regarding corporate fixed asset policies & procedures, and support SAP implementations as needed.
Fixed Assets Accountant Duties & Responsibilities
To write an effective fixed assets accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included fixed assets accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Review, analyze and process all capital asset disposal and capital asset transfer requests
Prepare monthly reconciliation of fixed asset subledger to General Ledger balances for all US and Canadian affiliates
Assist in preparation of documentation for internal/external audit requests and SOX compliance data requests
Assist with monthly, quarterly, and annual closing of fixed asset subledger
Provide assistance to International accounting teams on questions regarding corporate fixed asset policies & procedures, and support SAP implementations as needed
Maintain fixed asset US tax ledgers
Assist with ad-hoc reporting requests and other projects as requested by management
Work with GFAAC team to identify and implement process enhancements and improvements
Prepare fixed asset rollforward
Maintain and close Asset Management
Fixed Assets Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Fixed Assets Accountant
List any licenses or certifications required by the position: CPA, ACCA
Education for Fixed Assets Accountant
Typically a job would require a certain level of education.
Employers hiring for the fixed assets accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, Business/Administration, Finance/Accounting, Economics, MBA, Accountancy, Associates
Skills for Fixed Assets Accountant
Desired skills for fixed assets accountant include:
ERP accounting software and all Microsoft Office applications
Double-entry bookkeeping
English language
MS Excel
MS Office
Microsoft Office
All Microsoft Office applications
ERP accounting software
PS would be
SAP: Module FI-AA
Desired experience for fixed assets accountant includes:
Asset additions, disposals, adjustments, mass upload additions
Fixed assets inventory (as required)
Construction projects summary and reconciliation
Depreciation reasonableness test (Quarterly)
Depreciation calculation
Detail of Additions/Retirements by segment (Quarterly)
Fixed Assets Accountant Examples
1
Fixed Assets Accountant Job Description
Job Description Example
Our growing company is hiring for a fixed assets accountant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for fixed assets accountant
- Update Inventory schedule (Quarterly)
- Prepare Inventory Adjustment Entries (Quarterly)
- Performs monthly and yearly closing activities relating to Fixed Asset such as depreciation run, analysis
- Handles complex locations
- Handle multiple geographies
- Assist with managing and reconciling all aspects of company-wide Fixed Assets
- Review and analyze calculations of depreciation for all fixed assets and amortization for intangible assets
- Review operating expenditures to determine if any cost should be capitalized
- Compile and post the General Ledger entries
- Assist with monthly bank reconciliations
Qualifications for fixed assets accountant
- Reconcile, adjust and maintain monthly account analysis
- Assist with closing the books and in producing monthly IFRS package
- Interact with Senior Accountant on daily basis and assist on special projects
- Assist in the preparation audit schedules and work closely with the auditors to ensure the completion of a timely audit
- Understanding of general accepted accounting principles and practices
- Identify problems within the organization and control structure
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Fixed Assets Accountant Job Description
Job Description Example
Our growing company is looking to fill the role of fixed assets accountant. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for fixed assets accountant
- Preparing financial analysis of fixed assets for senior management
- Offer suggestions about resources in relation to forecasting and budgeting to senior management
- Record Fixed Assets into Company General Ledger System
- Prepare Balance Sheet reconciliations & analytics for fixed asset accounts
- Act as the gate-keeper of expenditure treatment for Capital vs Operating Costs
- Support the annual fixed asset impairment testing process
- Prepare, record and reconcile capitalized salaries and benefits
- Responsible for capital asset upload to the depreciation sub-ledger ensuring appropriate lives
- Assist with corporate expense analysis for Construction, Real Estate & Information Technology departments
- Maintain the Company’s Fixed Asset Policy
Qualifications for fixed assets accountant
- Bachelor's degree in accounting or finance coupled with at least 2-3 years of relevant accounting experience is required
- Must be advanced at Excel
- Must have multi-location experience
- Must have strong knowledge of GAAP
- Validate the accuracy and completeness of various internal financial reports
- Prepare Repairs & Maintenance accruals and report on budget/prior year variances
3
Fixed Assets Accountant Job Description
Job Description Example
Our growing company is hiring for a fixed assets accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for fixed assets accountant
- Monthly suspense account reconciliations
- Journal entry creation
- Perform special projects or other tasks as assigned
- Performing month-end close procedures relating to fixed assets
- Calculating and recording depreciation and preparing supporting documentation
- Preparing bank reconciliations and account reconciliations
- Assisting with the annual audit
- Reconcile the balances in the fixed asset subsidiary ledger to the summary-level accounts in the general ledger
- Maintain CAR
- Review fixed assets purchase requests (initial asset creation review)
Qualifications for fixed assets accountant
- Career-minded and goal-oriented person who is able to see challenges as an opportunity for future advancements
- Bachelor's degree or equivalent experience in accounting
- 3 or more years' progressive accounting experience
- Strong fixed assets experience
- Mainframe G/L experience
- Strong understanding of fundamental accounting transaction flows including system interfaces
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Fixed Assets Accountant Job Description
Job Description Example
Our growing company is looking to fill the role of fixed assets accountant. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for fixed assets accountant
- Review fixed asset supporting documentation, and record fixed asset acquisitions and capital projects in Oracle through Oracle Projects (OPC)
- Review the compilation of project costs in the CIP accounts in OPC, and reconcile the CIP accounts to the general ledger monthly
- Review account coding on Purchase Orders for Capital Spending prior to management approval
- Monitor the closure of CIP projects in OPC once the related projects have been completed
- Run depreciation in Oracle Fixed Assets, review for reasonableness, and post to the general ledger
- Reconcile the balance in the fixed asset sub-ledger to the general ledger
- Conduct periodic impairment inquiries for capital assets
- Maintain SOX controls, desktop procedures for capital assets
- Conduct a periodic review and analyses of the Fixed Assets Register
- Prepare fixed asset schedules for Internal Audit, SOX, and SEC teams, and respond to inquiries
Qualifications for fixed assets accountant
- Balance Sheet account reconciliation and analysis experience
- General Ledger knowledge, knowledge of system oriented monthly closing processes and account reconciliation
- At least 3 years accounting-related experience
- Experience in a shared services center of a multinational corporation desirable
- Background in automotive industry or other form of manufacturing (preferred)
- Bachelor's degree in Accounting or Finance and/or the equivalent in experience
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Fixed Assets Accountant Job Description
Job Description Example
Our growing company is looking for a fixed assets accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for fixed assets accountant
- Maintain fixed asset records including additions, retirements, and book and tax depreciation for multiple companies
- Effectively communicate with managements
- Monitor and review Construction in Process (CIP) and work closely with field personnel to ensure timely in service dates with proper useful lives and asset classifications
- Invoice project costs as required by construction contracts
- Perform reporting and analysis, including monthly, quarterly, and annual management reporting of capital expenditures for audit support
- Support FERC rate cases and FERC audits
- Maintain fixed asset records including additions, retirements, and book depreciation for multiple companies
- Perform monthly roll forward and other month end close schedules
- Resolve closing issues and account for transactions
- Identify and record monthly activity (additions, transfers, retirements, ) in the Oracle Fixed Assets system
Qualifications for fixed assets accountant
- And efficiently in a fast paced environment
- Motivated dependable self-starter
- 8+ years’ experience in fixed assets accounting
- Minimum of 1-3 years of hands on related accounting experience
- Account reconciliation and audit experience is a plus
- A working knowledge of Computron, Datatech, Hyperion, and/or SAP is a plus