Fixed Asset Accountant

Lusona Consultancy; Glasgow; On-site; GBP 45,000 - 50,000; Full time

Benefits offered by this job

31 days annual leave with buy/sell

Discounted car parking

Central location

Job summary

Lusona Consultancy are recruiting a Fixed Asset Accountant for the Glasgow office in a permanent role reporting to the Finance Manager. The position strengthens the balance sheet and owns the end-to-end fixed asset reporting cycle.

You will manage asset registers, depreciation, reconciliations, and liaise with tax colleagues, with exposure to multi-entity environments and large data sets.

Qualifications

• Part- or fully-qualified accountant with construction sector experience.
• Experience in fixed asset accounting and balance sheet management.
• Knowledge of FRS 102 and GAAP/IFRS for tangible assets and leases.

Responsibilities

• Develop fixed asset end-to-end process and ensure accuracy of reported numbers
• Manage asset register and investigate issues
• Run monthly depreciation and close process on ERP
• Perform balance sheet reconciliations for fixed assets
• Assist with regulatory & tax compliance including depreciation schedules
• Support external auditors with fixed asset schedules and roll-forward documentation

Skills

Fixed asset accounting

Keen eye for detail

Education

Part or fully qualified accountant

Tools

ERP system

Job description

Lusona Consultancy are working Exclusively with our client in the Construction services sector to recruit a Fixed Asset Accountant for the Glasgow office. This is a permanent opportunity reporting to the Finance Manager in a high profile role responsible for strengthening the balancesheet and owning the end-end fixed asset reporting cycle. Our client are a successful and well-known brand with over 50 people in the finance team alone. Our client are looking for a motivated and detail driven Part or Fully qualified accountant with a desire to grow their experience over the longer term. This is an office based opportunity offering a competitive salary dependant on experience between £45,000 - £50,000 per annum.

The Fixed Asset Accountant will have the responsibility for financial management, asset management and the accuracy of the Balance Sheet across a multi-entity environment.

This is a visible role across the organisation that will involve end-end analysis and accounting for an asset focused organisation from creation to disposal. You will work with large data sets with a continuous improvement mindset, engaging with the wider finance team to understand how each area works with an opportunity to get exposure to each functional area.

Responsibilities:

• Develop a working knowledge of the fixed asset end-to-end process and take responsibility for all asset related tasks to ensure the accuracy of reported numbers:
• Asset Register Management: Take responsibility for the accuracy of the fixed asset register and investigating any issues as they arise.
• Month-End Closing: Take responsibility for running monthly depreciation process on ERP system.
• Balance Sheet reconciliations: Perform all reconciliations related to fixed assets reviewing against the fixed asset register and good receipts, etc.
• Regulatory & Tax Compliance: Work alongside tax colleagues to align fixed asset reporting with capital allowance claims, tax depreciation schedules, and deferred tax calculations (no prior tax knowledge required)
• Audit Facilitation: Serve as the primary point of contact for external auditors on all asset matters, eg gain on sale analysis, providing comprehensive fixed asset roll-forward schedules and sampling documentation.

It would be great if you have:

• An up-to-date knowledge of FRS 102 and an understanding of GAAP or IFRS standards related to tangible assets and leases.
• A curiosity to review and improve processes and controls
• Confident, able to work on own initiative and has a keen eye for detail
• Comfortable working with and drawing insights from large quantities of data

Our client offer the following benefits:

• £45,000 - £50,000 Annual salary + discretionary bonus
• 31 days annual leave with buy/sell option
• Discounted car parking
• Central location