Fixed Asset Accountant

Madison-Davis, LLC; Berkeley Heights (NJ); On-site; USD 70,000 - 100,000; Full time

Job summary

Madison-Davis, LLC is seeking a Fixed Asset Accountant to own fixed asset records, depreciation schedules, and related tax reporting. You will collaborate with internal stakeholders and external advisors to ensure accurate capitalization, classifications, and compliance across multiple projects.

Ideal candidates bring hands-on fixed asset experience, knowledge of U.S. GAAP as it relates to fixed assets, and advanced Excel skills to analyze book-to-tax differences and support audits and year-end

Qualifications

• Bachelor’s degree in accounting/finance or related field.
• 4–6 years of corporate accounting experience.
• At least 2 years with fixed assets and tax depreciation.
• Hands-on knowledge of IRS depreciation requirements and GAAP.

Responsibilities

• Manage fixed asset activity from acquisition through depreciation, transfer, and disposal.
• Review capital spending and determine appropriate accounting treatment.
• Maintain asset records including useful lives and depreciation methods.
• Reconcile fixed asset records to the general ledger and investigate discrepancies.
• Prepare depreciation schedules, roll-forwards and supporting documentation.
• Apply tax depreciation rules (MACRS, Section 179, bonus).
• Support cost segregation studies with external tax advisors.
• Prepare book-to-tax adjustments and deferred tax calculations.
• Assist with audits, tax filings, and technical research.

Skills

Fixed asset accounting

Tax depreciation (MACRS / Section 179)

US GAAP for fixed assets

Sage Fixed Assets / Bloomberg Tax FA

Advanced Excel

Book-to-tax reconciliations

Analytical skills

Attention to detail

Education

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

Tools

Sage Fixed Assets

Bloomberg Tax Fixed Assets

Job description

ABOUT THE ROLE A growing organization is seeking a Fixed Asset Accountant to manage fixed asset accounting and support accurate financial and tax reporting. This role offers the opportunity to take ownership of asset records and apply technical accounting knowledge across a variety of projects and investments. The ideal candidate brings hands-on experience with fixed asset accounting, tax depreciation, and book-to-tax reconciliations. This person will work with internal stakeholders and external advisors to assess accounting treatment, maintain accurate records, and support reporting and compliance.

RESPONSIBILITIES

• Manage fixed asset activity from acquisition and capitalization through depreciation, transfer, and disposal.
• Review capital spending to determine the appropriate accounting treatment.
• Maintain asset records, including useful lives, depreciation methods, and classifications.
• Monitor construction-in-progress balances and record completed assets when placed in service.
• Reconcile fixed asset records to the general ledger and investigate discrepancies.
• Prepare depreciation schedules, roll-forwards, and supporting documentation.
• Apply tax depreciation rules, including MACRS, Section 179, and bonus depreciation.
• Evaluate repairs and improvements under applicable tax regulations.
• Support cost segregation studies and collaborate with external tax advisors.
• Prepare book-to-tax adjustments and support deferred tax calculations.
• Assist with financial and tax audits, income tax filings, and technical research.

QUALIFICATIONS

• Bachelor s degree in Accounting, Finance, or a related business field.
• 4 6 years of corporate accounting experience.
• At least 2 years of direct experience with fixed assets and corporate tax depreciation.
• Knowledge of U.S. GAAP as it relates to fixed assets.
• Hands-on experience applying IRS depreciation requirements.
• Experience with fixed asset software, such as Sage Fixed Assets, Bloomberg Tax Fixed Assets, or a comparable platform.
• Advanced Excel skills, including complex formulas and large-data analysis.
• Ability to analyze and reconcile book-to-tax differences.
• Strong analytical skills and attention to detail.
• Effective communication, organization, and prioritization skills.