Fixed Asset Accountant

Financial Additions; Dallas (TX); On-site; USD 65,000 - 95,000; Full time

Job summary

Financial Additions is seeking a Fixed Asset Specialist/Analyst to review Authorization Requests for capital expenditures, monitor CIP with field teams, and ensure accurate asset unitization and classifications.

The role maintains fixed asset records across multiple ledgers pursuant to GAAP, regulatory, and tax requirements, performs roll-forwards and close tasks, and supports quarterly financial and SOX audits. Bachelor’s degree and 2–5 years experience are expected.

Qualifications

• Bachelor’s degree or equivalent experience required.
• 2-5 years of relevant job related experience for Specialist/Analyst level; 5-8 years for Senior Specialist/Analyst level.
• Experience with fixed asset systems preferred.
• Solid time management and ability to work independently in a fast-paced environment.
• Strong verbal and written communication skills are essential.

Responsibilities

• Review Authorization Request (AR) to validate that the project meets the requirements to be treated as a capital expenditure.
• Monitor and review Construction in Process (CIP) and work closely with field personnel to ensure timely in service dates with proper useful lives and asset classifications.
• Collaborate with field personnel to ensure the accuracy of charges and timeliness of closure and fixed asset unitization.
• Maintain fixed asset records including additions, retirements, transfers and depreciation for multiple companies with multiple ledgers covering GAAP, Regulatory and Tax.
• Perform roll forward, variance analysis, reporting and other close out tasks.
• Perform ongoing reporting and analysis, including monthly, quarterly, and annual management reporting of capital expenditures.
• Support quarterly financial and SOX audits.
• For regulatory companies, support regulatory reporting, rate case and audit inquiries.
• Perform any other duties assigned by management which might include special projects.

Skills

Time management

Excellent communication

Customer relations

Independence / self-starter

Multi-project handling

Education

Bachelor’s degree or equivalent experience

Tools

Microsoft Excel

Microsoft Word

Job description

• Review Authorization Request (AR) to validate that the project meets the requirements to be treated as a capital expenditure.


• Monitor and review Construction in Process (CIP) and work closely with field personnel to ensure timely in service dates with proper useful lives and asset classifications.


• Collaborate with field personnel to ensure the accuracy of charges and timeliness of closure and fixed asset unitization.


• Maintain fixed asset records including additions, retirements, transfers and depreciation for multiple companies with multiple ledgers covering GAAP, Regulatory and Tax.


• Perform roll forward, variance analysis, reporting and other close out tasks.


• Perform ongoing reporting and analysis, including monthly, quarterly, and annual management reporting of capital expenditures.


• Support quarterly financial and SOX audits.


• For regulatory companies, support regulatory reporting, rate case and audit inquiries.


• Perform any other duties assigned by management which might include special projects.

Education and/or Experience, Knowledge, Skills & Abilities:

• Motivated and dependable self-started.


• Strong verbal and written communication skills.


• Good customer relations & interpersonal skills.


• Solid time management skills, ability to handle multiple projects, meet deadlines and function independently in a fast paced environment.


• Microsoft Excel and Word; prior experience with fixed asset systems required.


• Required experience is commensurate with the selected job level:The Specialist/Analyst level requires a Bachelor’s degree or equivalent experience and 2-5 years of relevant job related experience


• The Senior Specialist/Analyst level requires a Bachelor’s degree or equivalent experience and 5-8 years of relevant job related experience