Capital Accounting Manager

CyrusOne, Inc.; Dallas (TX); On-site; USD 95,000 - 135,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

401(k) retirement plan with company 2%

Generous paid time off and holidays

Job summary

CyrusOne, Inc. is seeking an experienced Accounting Manager to lead the capital accounting function, including CIP, fixed assets, and project accounting in Dallas, TX. You will oversee month-end close, reporting, and external audits while driving process improvements across capital operations.

... You will partner with Construction Project Management, Procurement, Logistics, FP&A, and IT to resolve complex issues, enhance systems, and ensure accurate capitalization.

Qualifications

• Bachelor's degree in accounting, finance, or a related field.
• CPA preferred.
• 5–7 years of progressive accounting experience, preferably in capital accounting or related area.
• Strong knowledge of U.S. GAAP, fixed asset accounting, CIP, and capital expenditures.

Responsibilities

• Oversee month-end and quarter-end close activities related to capital expenditures, CIP, fixed assets, equipment inventory, and project accounting.
• Review and oversee journal entries, accruals, reconciliations, and supporting schedules for accurate reporting.
• Manage capital accounting analysis and reporting including flux explanations and capital expenditure trends for senior management.
• Oversee PO and contract reviews, open PO accruals, and related processes to ensure costs are recorded in the proper period.
• Oversee accounting for equipment inventory transfers, capital cost allocations, prepayments, deposits, and budget transfers between inventory locations and projects.
• Ensure project setup activities, budget revisions, and documentation follow policies and internal controls.
• Collaborate with PM, Procurement, Logistics, FP&A, AP, and others to resolve issues and improve workflows.
• Lead initiatives to standardize procedures, automate reporting, and improve close and reconciliation efficiency.
• Maintain integrity of capital accounting data and systems, coordinating with IT on issues.
• Maintain internal controls and compliance with U.S. GAAP and company policies.
• Coordinate internal and external audit support for capital accounting activities.
• Provide guidance and development support to accounting team members.

Skills

Capital accounting

GAAP knowledge

Excel

Yardi or similar

Cross-functional collaboration

Education

Bachelor's degree in accounting

CPA preferred

Tools

Yardi

Job description

Dallas, TX

Full time

R0008320

We are looking for an experienced Accounting Manager to lead the Company’s capital accounting function. The successful candidate will oversee accounting activities related to construction in progress (CIP), fixed assets, capital expenditures, equipment inventory, purchase order accruals, capital project accounting and other capital related tasks. This role is responsible for ensuring accurate financial reporting of Company’s capital spend, maintaining effective internal controls, and driving process improvements across capital accounting operations.

The Capital Accounting Manager will play a key role in supporting the Company’s construction and development projects by overseeing month-end close, financial analysis, reconciliations, and capital-related reporting. This role will work closely with Accounting leadership, Procurement, Logistics, Construction Project Management, FP&A, and IT to resolve complex issues, improve systems and processes, and ensure capital activity is recorded accurately and efficiently.

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.

Qualifications

• At least 5–7 years of progressive accounting experience, preferably in capital accounting, fixed assets, construction accounting, or a related field.
• Prior experience leading accounting processes, reviewing work, or managing projects and cross-functional initiatives.
• Strong knowledge of U.S. GAAP, fixed asset accounting, construction in progress, capital expenditures, accruals, and financial reporting.
• Advanced Excel skills and experience analyzing complex financial data; and reporting tools required. Yardi or comparable system experience preferred.
• Demonstrated ability to improve accounting processes, strengthen internal controls, and manage system or data-related initiatives.
• Excellent analytical, problem-solving, decision-making, and organizational skills.
• Strong communication, interpersonal, and stakeholder management skills, with the ability to work effectively across departments.
• Ability to manage multiple priorities, exercise sound judgment, and deliver results in a fast-paced and dynamic environment.

Education / Certifications

• Bachelor’s degree in accounting, finance, or a related field required.
• CPA preferred.

Benefits

• Comprehensive health, dental, and vision insurance plans, life and disability insurance, access to mental health resources and employee assistance program.
• Competitive pay, performance bonus, 401(k) retirement plan with company match.
• Generous paid time off and holidays, parental leave.
• Building amenities include a fully equipped gym, golf simulator, and free parking. The office is conveniently located near local restaurants and is a short walk to the American Airlines Center.

CyrusOne is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

CyrusOne provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act (ADA) and any other state or local laws. We will respond to requests for reasonable accommodations to assist you in applying for positions at CyrusOne, or to submit a resume.

CyrusOne is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

CyrusOne provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act (ADA) and any other state or local laws. We will respond to requests for reasonable accommodations to assist you in applying for positions at CyrusOne, or to submit a resume.

CyrusOne may use artificial intelligence to assess how your application matches the job requirements. The final hiring decision is always made by our team. You may opt out of AI screening without affecting your candidacy. For additional details on opting out, or our AI Recruiting Policy click here .

CyrusOne is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities.

If you need special assistance or an accommodation while seeking employment, please email [e-mail] or call: 806-589-0141. We will make a determination on your request for reasonable accommodation on a case‑by‑case basis.

CyrusOne is proud to be recognized as a Top Work Place by USA Today. Celebrated for our company culture, CyrusOne stands out for its commitment to core values such as community, agility, respect, an enjoyable workplace, ethics, and exceptional service. This accolade reflects CyrusOne’s dedication to creating an engaging, respectful, and growth‑oriented environment, underpinned by integrity, which not only enhances customer satisfaction but also contributes to the company’s overall success.

CyrusOne is a leading global data center developer and operator specializing in delivering state‑of‑the‑world digital infrastructure solutions. With more than 50 high‑performance mission‑critical facilities worldwide, the Company ensures the continued operation of digital infrastructure for nearly 1,000 customers, including approximately 200 Fortune 1000 companies.

CyrusOne’s leading global platform of hybrid‑cloud and multi‑cloud deployments offers customers colocation, hyperscale, and build‑to‑suit environments, which help enhance the strategic connections of their essential data infrastructures and support the achievement of sustainability goals. CyrusOne data centers offer world‑class flexibility, enabling clients to modernize, simplify, and rapidly respond to changing demands. Combining exceptional financial strength, a broad global footprint, and continued investment in key digital gateway markets, CyrusOne provides the world’s largest companies with long‑term stability and strategic advantage at scale. For more information, please visit cyrusone.com (https://protect-us.mimecast.com/s/yRv0Cv2rY1irrOmMUQ2LCm?domain=cyrusone.com/).

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

The law requires CyrusOne to post a notice describing the Federal laws prohibiting job discrimination. For information regarding your legal rights and protections, please click on the following link: Know Your Rights (http://40201568.fs1.hubspotusercontent-na1.net/hubfs/40201568/Website%20Documents%202025/EEOC_KnowYourRights.pdf)

CyrusOne will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay. Please see the Pay Transparency Nondiscrimination Provision (http://40201568.fs1.hubspotusercontent-na1.net/hubfs/40201568/Website%20Documents%202025/PayTransparencyPoster.pdf) for more information.

As a Federal Contractor, CyrusOne is required to participate in the E-Verify Program to confirm eligibility to work in the United States. For information please click on the following link: E-Verify. (http://40201568.fs1.hubspotusercontent-na1.net/hubfs/40201568/Website%20Documents%202025/EVerifyParticipationPoster.pdf)