Asset Controller

Confidential Jobs; Houston (TX); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

CPA preferred

401(k) plan matching

Paid time off and holidays

Health savings account

Job summary

Confidential Jobs seeks an Asset Controller to manage the accounting, control, and reporting of the fixed asset portfolio. You will oversee procurement through depreciation and disposal and partner with Supply Chain and Operations to ensure accurate asset tracking.

Key duties include maintaining the fixed asset subledger, performing reconciliations to the general ledger, preparing schedules for audits and tax reporting, and supporting CIP, ERP implementations, and process improvements.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 5+ years of fixed asset accounting experience.
• Strong GAAP knowledge.
• ERP and Excel proficiency.

Responsibilities

• Maintain the fixed asset subledger with capitalization, depreciation, transfers, impairments, and disposals.
• Perform reconciliations between the fixed asset subledger and the general ledger monthly, quarterly, and annually.
• Prepare fixed asset schedules and supporting documentation for financial reporting, audits, and tax reporting.
• Coordinate periodic physical asset inventories and CIP capitalization.
• Partner with Supply Chain and Operations to support procurement, tagging, and system entry.

Skills

GAAP knowledge

Fixed asset accounting experience

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

ERP systems

Excel

Job description

The Asset Controller is responsible for overseeing the accounting, control, and financial reporting of the Company's fixed asset portfolio. This role ensures the accuracy and integrity of asset records across the full asset lifecycle—from procurement and capitalization through depreciation, transfers, and disposal. In addition, the Asset Controller partners closely with Supply Chain and Operations to support the planning, procurement, and tracking of capital assets, ensuring compliance with company policies and accounting standards

Key Responsibilities:

Fixed Asset Accounting & Control

• Maintain the fixed asset subledger, ensuring accurate capitalization, depreciation, transfers, impairments, and disposals in accordance with GAAP and company policy.
• Establish and enforce capitalization thresholds, asset classification standards, and useful life assumptions.
• Perform monthly, quarterly, and annual reconciliations between the fixed asset subledger and the general ledger.
• Prepare fixed asset schedules and supporting documentation for financial reporting, audits, and tax reporting.
• Coordinate and lead periodic physical asset inventories.
• Monitor construction-in-progress (CIP) accounts and ensure timely capitalization.

Asset Procurement & Supply Chain Collaboration

• Partner with Supply Chain and Operations to support the procurement of capital assets.
• Review capital purchase requests for financial justification and compliance.
• Ensure accurate asset setup, tagging, and system entry.
• Support supplier negotiations and contract reviews.
• Align procurement data with accounting records.

Reporting, Analysis & Compliance

• Prepare asset reporting, roll-forwards, and depreciation forecasts.
• Support capital planning and budgeting.
• Support internal and external audits.
• Ensure compliance with GAAP and internal controls.
• Identify process improvement opportunities.

Systems & Process Improvement

• Serve as subject matter expert for fixed asset systems.
• Support ERP implementations and enhancements.
• Develop procedures and training materials.

Qualifications:

Required

• Bachelor’s degree in Accounting, Finance, or related field.
• 5+ years of fixed asset accounting experience.
• Strong GAAP knowledge.
• ERP and Excel proficiency.

Preferred

• CPA.
• Asset-intensive industry experience.
• CIP accounting experience.
• Competitive pay and a matching 401(k) plan
• Vacation, Company Holidays, and Sick Days
• Flexible spending accounts/Health Savings Account