Fixed Asset Accountant II: Capital Budgets & GAAP

Ringling College of Art and Design; Sarasota (FL); On-site; USD 65,000 - 90,000; Full time

Job summary

Ringling College of Art and Design in Sarasota, FL seeks an Accountant II to support fixed asset accounting and capital budget analysis. You will apply the college’s capitalization policy, maintain the fixed asset database, prepare journal entries, and assist with month-end and year-end closings.

Collaboration with Facilities and Institutional Technology is essential to ensure accurate asset information. The role requires a Bachelor’s degree in accounting and at least five years of accounting

Qualifications

• Bachelor’s degree in accounting or related business discipline.
• Five years of relevant accounting software experience in a computerized environment.
• Experience with fixed asset tracking, depreciation, additions, disposals, and reconciliations.
• Experience analyzing and reporting on capital budgets and expenditures.

Responsibilities

• Apply the College’s capitalization policy to determine capitalization vs expensing and document the basis.
• Maintain fixed asset database records, including tracking additions, disposals, and depreciation.
• Conduct the annual fixed asset inventory and reconcile it with accounting records.
• Reconcile complex capital accounts, identify variances, and verify the accuracy of journal entries in the general ledger.
• Maintain an accurate and reconciled database for fixed assets and provide financial reporting related to fixed assets.
• Collaborate with Facilities and Institutional Technology to ensure asset information accuracy and policy compliance.
• Analyze and reconcile capital budget projects and ensure financial reporting accuracy for capital expenditures.
• Develop budget-to-actual reports for capital projects to support expenditure forecasting.
• Develop depreciation projections to support budgeting and forecasting analysis.
• Support Facilities in developing major construction cost projections using budget-to-actual data.
• Prepare and maintain expense allocations.
• Prepare and post journal entries and perform account reconciliations as needed.
• Prepare bank reconciliations and supporting documentation for audit purposes.
• For non-degree auxiliary programs, perform accounting activities including journal entries, reconciling accounts, monitoring system integrations, researching discrepancies, and analyzing ledger activity.
• Assist with monthly and fiscal year-end closing activities.
• Assist with the Tangible Personal Property Tax return.
• Investigate and resolve discrepancies; make adjustments to ensure data integrity.
• Create ad hoc financial reports and analyses to support departmental decision-making.
• Ensure financial compliance with capitalization policy and other College policies.
• Serve as a backup for Accounts Payable.
• Perform other related duties as assigned.

Skills

Fixed asset accounting

Capital project analysis

GAAP knowledge

Excel

Analytical skills

Communication skills

Education

Bachelor’s degree in accounting

Tools

Workday

Job description

Ringling College of Art and Design in Sarasota, FL seeks an Accountant II to support fixed asset accounting and capital budget analysis. You will apply the college’s capitalization policy, maintain the fixed asset database, prepare journal entries, and assist with month-end and year-end closings.

Collaboration with Facilities and Institutional Technology is essential to ensure accurate asset information. The role requires a Bachelor’s degree in accounting and at least five years of accounting