Fixed Asset Manager - Schulte Hospitality Group

Oconee Chamber; Louisville (KY); Hybrid; USD 80,000 - 120,000; Full time

Job summary

Schulte Hospitality Group is seeking a dynamic Fixed Asset Manager to join our team. You will oversee fixed asset depreciation, capex accounting, and ASC 842 lease asset considerations across a multi-property portfolio. Leadership responsibilities include guiding a small team and ensuring GAAP-compliant financial reporting.

Join SHG to contribute to a service-oriented hospitality culture, advance system modernization with Dynamics 365 BC, and drive process improvements across the asset lifecycle.

Qualifications

• 5+ years of progressive accounting experience including fixed asset/capex accounting.
• Prior supervisory or team-lead experience.
• Experience participating in an ERP implementation or system conversion strongly preferred.
• Multi-property or hospitality accounting experience a plus.

Responsibilities

• Maintain 200+ fixed asset depreciation and amortization schedules across the portfolio.
• Apply depreciable methods and useful lives for fixed assets; manage amortization for intangibles.
• Track capex project spending; close out fully-billed POs in the accounting system.
• Prepare, review, and post expense-to-fixed-asset reclassification entries.
• Reconcile construction-in-progress accounts and reclass upon project completion.
• Deliver monthly fixed asset reporting to ownership across the portfolio.
• Serve as final authority on capitalization vs. expense determinations per GAAP.

Skills

GAAP knowledge

USALI

Excel

Microsoft Dynamics 365 BC

System configuration

GL reconciliation

Tools

Microsoft Dynamics 365 BC

Job description

Fixed Asset Manager - Schulte Hospitality Group

#SHGH-57388

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Requisition Number

SHGH-57388

Job Description

Schulte Hospitality Group is seeking a dynamic, service-oriented Fixed Asset Manager to join our team! SHG is an organization whose success is rooted in its service culture. Our mission is to exude hospitality, be respectful and authentic, prioritize the needs of our internal and external stakeholders above our own, and continuously strive to make a positive impact in all we do. We are passionate hoteliers eager to add like-minded people to our rapidly growing team!

What’s in it for you? When you join SHG you’ll be part of a team committed to an inclusive, employee-focused workplace that is invested in your development. We want you to feel engaged, empowered, and excited to grow with us. After all, we believe our greatest and most valuable asset is our people! SHG provides a rewarding, fun and flexible work environment, exciting perks, an atmosphere designed to encourage and promote career growth within the company and a robust benefit package including, but not limited to:

Work Today, Get Paid today, with Daily Pay!

Free Telemedicine and Virtual Mental Health care access for All Associates starting day one!

Multiple Health Insurance and Life Insurance options

401k Plan + Company Match

Paid Time Off

Holiday Pay

Pet Insurance

Employee Assistance Program

Schulte Savings Marketplace Discounts on event tickets, electronics, gym memberships + more!

Our Company: Schulte Hospitality Group is a division of Schulte Companies, a leading third-party management company with deep, multi-generational experience in all facets of the hospitality industry. We are a diverse team of innovative hoteliers and restauranteurs operating more than 200 locations across 38 states and 3 countries. Our portfolio includes a wide array of reputable brands like Marriott, Hilton, IHG and Hyatt as well as many unique, independent, boutique and lifestyle properties and restaurants.

JOB DUTIES AND RESPONSIBILITIES

Fixed Asset & Capex Accounting

• Maintain 200+ fixed asset depreciation and amortization schedules across the portfolio
• Apply appropriate depreciable methods and useful lives for fixed assets, and amortization periods for intangible assets
• Track capex project spending for budgeted and emergency requests; close out fully-billed purchase orders in the accounting system
• Prepare, review, and post expense-to-fixed-asset reclassification entries
• Reconcile construction-in-progress accounts and reclass to the appropriate fixed asset account upon project completion
• Deliver monthly fixed asset reporting to ownership across the portfolio
• Serve as the final authority on capitalization versus expense determinations, applying professional accounting judgment in conformity with GAAP — including where the appropriate treatment differs from the preferences of operations, asset management, or ownership
• Account for right-of-use assets and lease-related amortization under ASC 842, coordinating with the corporate accounting team

Systems and Process Improvement

• Serve as subject matter expert for the fixed asset and capex workstream in SHG’s migration to Microsoft Dynamics 365 Business Central
• Identify and drive process improvement opportunities that reduce manual work and strengthen controls in the new system
• Partner with financial institutions to secure and collect FF&E reserve reimbursements, as available
• Partner with the capex team on capitalization policy, workload balancing, and day-to-day questions
• Manage, develop, and set priorities for a Fixed Asset Supervisor and Fixed Asset Specialist
• Own the quality and timeliness of the team’s schedules, reconciliations, and reporting
• Serve as the escalation point for complex fixed asset and capex issues

EDUCATION AND EXPERIENCE

• 5+ years of progressive accounting experience, including fixed asset/capex accounting
• Prior supervisory or team-lead experience
• Experience participating in an ERP implementation or system conversion strongly preferred
• Multi-property or hospitality accounting experience a plus

KNOWLEDGE, SKILLS AND ABILITIES

• Deep understanding of GAAP and USALI, particularly fixed asset capitalization, depreciation, and amortization
• Advanced Microsoft Excel (pivot tables, lookups, large data sets); proficient in Outlook and Word
• Experience with Microsoft Dynamics 365 Business Central (or comparable ERP)
• Comfort translating accounting requirements into system configuration and process design
• General ledger reconciliation and journal entry review skills

This role is well-suited for a candidate who:

• Owns outcomes across both steady-state accounting and process transformation
• Translates fluently between accounting requirements and system/technical design
• Leads a small team while staying hands-on with the technical accounting
• Brings a continuous-improvement mindset to manual, legacy processes
• Operates with discipline and accuracy across a large, multi-property portfolio
• Process Improvement: Identifies inefficiencies in existing processes and redesigns them for accuracy, scale, and control; drives change through ambiguity.
• Systems Acumen: Understands how accounting logic translates into system configuration; partners effectively with IT/data teams on system design and testing.
• Commitment to Task: Demonstrates dependability and urgency about results; takes responsibility for outcomes and overcomes obstacles.
• Communication Skills: Presents ideas and information clearly to varied audiences, including ownership and IT partners; actively listens and responds effectively.
• Managing Execution: Manages multiple projects, prioritizes effectively, and uses resources to meet goals across both team leadership and individual technical work.

*The hiring process may consist of a phone interview, manager(s) interview, drug screen, background check, reference checks, and potential employment assessment. This job description is only intended to provide a general description of the benefits and compensation applicable to this position. Paid Time Off (PTO) is available for eligible associates in accordance with the Company’s Paid Time Off policy. Specific compensation and benefit details will be discussed during the interview process.

*Schulte Hospitality Group is an Equal Opportunity Employer.

Location

Position Type

Full-time

Compensation Range

Based on experience

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