Capital Accounting Manager

CyrusOne Management Services LLC; 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

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 judgement, 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 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 a leading global data center developer and operator specializing in delivering state-of-the-art 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.

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. 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 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.