Corporate Fixed Asset Accountant

The Connell Company; Berkeley Heights (NJ); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Medical and dental coverage

Pension plan

Paid time off

Holidays

Fitness facility membership

Life insurance

Dining and lifestyle perks

Professional development

Job summary

The Connell Company is seeking a Corporate Fixed Asset Accountant to own the full lifecycle of fixed assets across a diverse portfolio, from acquisitions to disposals, ensuring accurate financial reporting and tax compliance.

You will manage CIP, depreciation, and asset classifications, collaborate with tax and external consultants, and contribute to audits, with a strong emphasis on accuracy and professional judgment.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 4–6 years of corporate accounting, with at least 2 years in fixed asset management and corporate tax depreciation.
• Hands-on knowledge of IRS depreciation requirements in a corporate setting.

Responsibilities

• Manage fixed asset lifecycle across thousands of assets in U.S. GAAP.
• Maintain accurate fixed asset records and prepare data for system imports.
• Review capital expenditures for proper capitalization thresholds.
• Monitor CIP accounts and track project milestones and costs.
• Perform reconciliations between fixed asset system and general ledger.

Skills

Fixed asset accounting

Analytical skills

Attention to detail

Advanced Excel

Problem solving

Communication

Education

Bachelor’s degree in Accounting/Finance

Tools

Sage Fixed Assets

Bloomberg Tax Fixed Assets

Job description

Behind every growing business is an accounting function that accurately captures, interprets, and reflects its investments in the financials. At The Connell Company, our diverse portfolio of businesses and properties creates a fixed asset environment that is both substantial and complex, and we are looking for an experienced Corporate Fixed Asset Accountant to take ownership of this critical area of our accounting operation.

In this role, you’ll manage the full lifecycle of our fixed assets, from acquisitions and construction in progress through capitalization, transfers, depreciation, reconciliations, and disposals. You’ll work across the organization to maintain the integrity of our fixed asset records, ensure appropriate accounting treatment, and support accurate book and tax reporting across a dynamic portfolio.

We’re looking for someone who combines strong technical accounting knowledge with curiosity and sound judgment. Someone who doesn’t simply process an asset transaction, but understands what sits behind it, knows when to ask questions, and takes pride in making sure the accounting is right.

How You Will Make an Impact

• Manage the day-to-day fixed asset accounting lifecycle across thousands of assets, including additions, transfers, disposals, write-offs, depreciation, and amortization in accordance with U.S. GAAP.
• Maintain accurate fixed asset records and reporting, including preparing asset data for system imports and ensuring the appropriate application of asset lives, depreciation methods, and accounting treatment.
• Review capital expenditures to ensure purchases are appropriately classified in accordance with capitalization thresholds and expense policies.
• Monitor Construction-in-Progress (CIP) accounts, track project milestones and costs, and ensure completed projects and assets are placed in service timely and accurately.
• Perform monthly and quarterly reconciliations between the fixed asset system and general ledger and prepare supporting schedules and documentation for financial and tax audits.
• Manage tax depreciation and fixed asset compliance, including MACRS, Section 179, Bonus Depreciation, recovery periods, property classifications, and mid-quarter convention calculations.
• Apply IRS Tangible Property Regulations to evaluate repairs and maintenance versus capital improvements and support appropriate capitalization decisions.
• Support complex improvement projects and cost segregation studies, working with external tax consultants and providing the project costs, construction documentation, and fixed asset data needed to complete the analysis.
• Prepare tax depreciation schedules, roll-forwards, and supporting documentation for federal and state income tax filings, including Forms 4562 and 4797.
• Calculate and document book-to-tax adjustments and maintain support for deferred tax assets and liabilities related to property, plant, and equipment.
• Research complex fixed asset and tax questions using professional tax research platforms and translate findings into clear, practical solutions for the business.

What You'll Bring

• Bachelor’s degree in Accounting, Finance, or a closely related business field.
• 4–6 years of corporate accounting experience, including at least 2 years directly focused on fixed asset management and corporate tax depreciation.
• Hands-on knowledge of IRS requirements related to asset depreciation and experience applying those requirements in a corporate accounting environment.
• Experience with specialized fixed asset software, such as Sage Fixed Assets, Bloomberg Tax Fixed Assets, or a comparable platform.
• Advanced Microsoft Excel skills, including complex formulas and data modeling for large asset datasets.
• Exceptional attention to detail and a strong commitment to accuracy when working with high-volume transactional data.
• Strong analytical and problem-solving skills, including the ability to reconcile complex book-to-tax differences.
• Strong interpersonal, communication, and prioritization skills with the ability to manage multiple responsibilities effectively.

Supporting Your Success

• 100% employer-paid medical and dental coverage
• Generous employer-funded pension plan
• Paid time off and company-paid holidays
• Employer-paid membership to a premier fitness and wellness facility
• Company-paid life insurance and additional employee protections
• Employee dining, hospitality, and lifestyle perks across The Park
• Professional development and opportunities to grow within the company

If you’re an experienced fixed asset accounting professional looking for a role where you can own complex work and apply your expertise across a diverse portfolio of businesses, we’d like to hear from you. Join The Connell Company and bring your knowledge and experience to an accounting team where accuracy, sound judgment, and strong technical work matter.

While we leverage technology to support our recruiting process, every application is personally reviewed by a member of our Human Resources team because we recognize that behind every résumé is a person, a career journey, and a genuine interest in joining our organization.

The Connell Company is an Equal Opportunity Employer committed to fostering an inclusive workplace where everyone feels welcomed, valued, and respected. We make all employment decisions based on qualifications, merit, and business needs, without regard to race, creed, color, religion, national origin, nationality, ancestry, age, sex, pregnancy or breastfeeding, marital status, civil union status, domestic partnership status, affectional or sexual orientation, gender identity or expression, atypical hereditary cellular or blood trait, genetic information, liability for military service, disability, or any other characteristic protected by applicable federal, state, or local law. We believe exceptional hospitality begins with exceptional people and are committed to creating a workplace where every team member can thrive.