Accountant II

Rain for Rent; California; On-site; USD 75,000 - 87,000; Full time

Job summary

Rain for Rent is seeking an Accountant II to manage fixed asset and rental asset accounting, including depreciation, transfers, disposals, and asset reporting. The role emphasizes asset lifecycle accounting and reconciliation activities.

The successful candidate will support ASC 842 compliance, daily cash management, and close processes, collaborating with treasury and AP. A bachelor’s degree in accounting or finance with 3+ years of experience is required.

Qualifications

• Bachelor's degree in accounting, finance or business administration or related field required
• Minimum of three years of progressively responsible accounting and financial record-keeping experience required
• Experience with fixed assets and rental assets accounting preferred

Responsibilities

• Maintain accounting records for fixed assets and rental fleet assets.
• Process asset additions, transfers, retirements, and disposals.
• Monitor construction-in-progress activity and asset placement.
• Prepare depreciation calculations and asset reporting schedules.
• Support rental fleet accounting and asset audits.
• Prepare journal entries and month-end close support schedules.
• Assist with cash management and wire transfer coordination.
• Support cash reporting and funding activities.
• Collaborate with Accounting leadership and treasury functions.

Skills

Fixed assets accounting

Depreciation calculations

Journal entries

Cash management

Education

Bachelor's degree in accounting/finance/business

Tools

ASC 842

Job description

Pay or shift range: $75,000 USD to $87,000 USD

The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

Description

The Accountant II serves as a primary accounting resource supporting the Company's fixed asset and rental asset portfolio. The incumbent will focus on Fixed & Rental Asset Accounting. The role is heavily focused on asset lifecycle accounting, including capitalization, construction-in-progress, depreciation, transfers, disposals, reconciliations, asset reporting, and rental fleet accounting activities.

What we do:

At Rain for Rent® , we move water-every day. As the leading provider of temporary liquid handling solutions, we're recognized for our systems engineering expertise, cost-effective problem solving, and the high value we deliver to organizations facing critical liquid management challenges. Our experienced teams, supported by skilled engineers, are continually redefining what customers expect from a liquid handling provider. We design innovative equipment and harness cutting-edge technology to meet the demands of the toughest environments. From water handling and irrigation to temporary liquid storage, our solutions consistently exceed customer expectations for quality and service. We are committed to completing every project safely, efficiently, on time-and done right the first time.

To learn more about Rain for Rent please check out this short 2 minute YouTube video here. (https://www.youtube.com/watch?v=IfacXlPz9a8)

Rain for Rent® employees take great pride in being part of a family-owned company with a rich and enduring legacy. Since 1934, we've delivered consistent, high-quality products and services to our customers. With more than 70 locations across the U.S., Canada, and the UK, Rain for Rent® remains committed to excellence. Honesty and integrity are at the core of everything we do. Our dedicated team strives to exceed expectations through exceptional service and unwavering quality. Through the years we have held steadfast by maintaining our values of hard work, honesty, integrity, commitment and good stewardship. Continual diversification and a willingness to change directions with our products and services have driven our success.

Essential Duties and Responsibilities:

• Maintain accounting records for company-owned fixed assets and rental fleet assets.
• Review and process asset additions, transfers, trade-ins, retirements, write-offs, and disposals.
• Monitor construction-in-progress activity and support timely placement of assets into service.
• Prepare depreciation calculations, asset roll-forwards, reconciliations, and asset reporting schedules.
• Support rental fleet accounting, branch transfers, inventory verification, and asset audits.
• Prepare assigned journal entries, account reconciliations, and close support schedules.
• Perform lease accounting activities and support ASC 842 compliance activities.
• Assist with daily cash management activities, including preparation, coordination, and support of wire transfers in accordance with company policies and approval requirements.
• Support daily and monthly cash reporting activities by preparing schedules, validating supporting documentation, and assisting with cash-related analyses and reporting requirements.
• Collaborate with Accounting leadership, Accounts Payable, and treasury-related functions to ensure timely processing, tracking, and documentation of cash disbursements and funding activities.
• Prepare and organize audit support for fixed assets, leases, capital expenditures, and assigned balance sheet accounts.
• Develop and maintain SOPs, templates, process documentation, and process improvement initiatives.
• Assist with capital expenditure reporting, asset-related financial analysis, and special projects.
• Other duties as assigned in support of the operation.

Education and/or Experience:

• A bachelor's degree (B.A.) in accounting, finance or business administration or related field preferred from an accredited college or university is required. A minimum of three (3) years of progressively responsible accounting and financial record-keeping experience is required. A combination of education and experience will be considered.
• Progressive accounting experience with fixed assets, rental assets, depreciation, capitalization, reconciliations, month-end close, and audit support preferred.
• Experience supporting large equipment fleets, rental equipment businesses, manufacturing, construction, industrial operations, or other capital-intensive environments strongly preferred.
• Working knowledge of U.S. GAAP and ability to apply Company capitalization policies to recurring and non-routine asset transactions.
• Understanding of asset lifecycle concepts including acquisition, capitalization, transfer, depreciation, impairment indicators, retirement, and disposal.
• Experience