Capital Accounting Lead: CIP, Fixed Assets & Projects

CyrusOne, Inc.; United States; On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Comprehensive health, dental, and&nbsp

Vision and life insurance

Disability insurance

401(k) with company match

Generous PTO and holidays

Parental leave

On-site gym and parking

Golf simulator and convenient office

Job summary

CyrusOne, Inc. is seeking an experienced Accounting Manager to lead the company's capital accounting function, including CIP, fixed assets, capital expenditures, equipment inventory, PO accruals, and project accounting.

You will ensure accurate financial reporting of capital spend, strengthen internal controls, and drive process improvements across capital accounting operations. You will oversee month-end close, financial analysis, reconciliations, and capital-related reporting while working

Qualifications

• Bachelor’s degree in accounting, finance, or related field required.
• CPA preferred.
• 5–7 years of progressive accounting experience, preferably in capital accounting, fixed assets, or construction accounting.

Responsibilities

• Oversee month-end and quarter-end close activities related to capital expenditures, construction in progress, fixed assets, equipment inventory, and project accounting.
• Review and oversee journal entries, accruals, account reconciliations, and supporting schedules to ensure accurate and timely financial reporting.
• Manage capital accounting analysis and reporting, including quarter-over-quarter flux explanations, capital expenditure trends, and significant balance sheet movements for senior management.
• Oversee purchase order and contract reviews, open PO accruals, goods and invoice receipt accruals, and related processes to ensure capital costs are recorded in the appropriate period.
• Oversee accounting for equipment inventory transfers, capital cost allocations, prepayments, deposits, retention, and related budget transfers between inventory locations and construction projects.
• Ensure capital project and job setup activities, budget revisions, and supporting documentation follow established accounting policies, approval requirements, and internal controls.
• Partner with Construction Project Management, Procurement, Logistics, FP&A, Accounts Payable, and other stakeholders to resolve accounting issues, assess project accruals, and improve capital-related workflows.
• Lead initiatives to improve capital accounting processes, standardize procedures, automate reporting, and increase efficiency across the close and reconciliation process.
• Oversee the integrity of capital accounting data and financial systems, including system enhancements, data validation, and coordination with IT on reporting or system issues.
• Maintain effective internal controls and ensure compliance with U.S. GAAP, company policies, and applicable regulatory requirements.
• Coordinate internal and external audit support for capital accounting activities and ensure timely delivery of accurate documentation and explanations.
• Provide guidance, review, and development support to accounting team members and promote clear accountability across capital accounting processes.
• Lead or support special projects and other initiatives as assigned.

Skills

Advanced Excel

Financial analysis

U.S. GAAP knowledge

Cross-functional collaboration

Education

Bachelor's degree in accounting/finance

CPA preferred

Tools

Yardi

ERP systems

Job description

CyrusOne, Inc. is seeking an experienced Accounting Manager to lead the company's capital accounting function, including CIP, fixed assets, capital expenditures, equipment inventory, PO accruals, and project accounting.

You will ensure accurate financial reporting of capital spend, strengthen internal controls, and drive process improvements across capital accounting operations. You will oversee month-end close, financial analysis, reconciliations, and capital-related reporting while working