Staff Accountant - Fixed Assets

Position Summary

The Fixed Asset Accountant plays a vital role in maintaining accurate records of company-owned or leased equipment, Machines, Tools, and other properties. This position requires a strong foundation in accounting principles and the ability to utilize computer systems and spreadsheets effectively.

Minimum Qualifications (Education And Experience)

• Proficiency in computer systems and advanced spreadsheet usage is essential for performing job duties. Basic knowledge of ERP system.
• Minimum of a 4-year College Degree in Accounting, or Business-related field
• Minimum 3-5 years of experience in accounting role in a manufacturing company

Position Duties And Responsibilities Include

• Support the financial reporting and budgeting processes as required.
• Calculate and record depreciation for fixed assets.
• Undertake additional responsibilities as assigned by management.
• Other Assigned Duties (20%)
• Monitor and document all movements of fixed assets, including acquisitions, location changes, modifications, disposals, and changes to operational status.
• Fixed Assets and CIP Ledger Management (70%)
• Assist in the monthly closing process, ensuring accuracy and adherence to timelines.
• Maintain and update Fixed Asset (FA) and Construction-in-Progress (CIP) ledgers.
• Financial Reporting and Budgeting Assistance (10%)
• Conduct biannual plant-wide Fixed Asset Inventory reconciliation.
• Generate monthly fixed asset roll forward reports and investment tracking reports.
• Prepare month-end accruals and journal entries related to fixed assets.

General Skills And Abilities

• Identifies and suggests cost-saving measures and process efficiencies for the facility.
• Possesses excellent analytical and problem-solving skills, with a keen eye for accuracy.
• Maintains clean and orderly work environment to meet 5S Standards.
• Exhibits strong decision-making abilities, exercises sound judgment, and maintains high motivation.
• Displays exceptional written and verbal communication skills, with the ability to engage with stakeholders at all levels of the organization.
• Demonstrates a commitment to promoting and embodying the organization's philosophy.

Specific Skills And Abilities

• Accurately calculates and records depreciation for fixed assets.
• Organizes, controls, and reconciles plant-wide Fixed Asset Inventory twice a year.
• Generates monthly fixed asset roll forward reports.
• Accurately maintains the FA and CIP ledgers.
• Prepares month-end accruals and journal entries pertaining to fixed assets.
• Provides audit support and budget support annually.
• Understands the relation among the manufacturing process, fixed asset life cycle, and general ledger.
• Documents and tracks all fixed asset movements, including acquisitions, location changes, modifications, disposals, and operational status changes.
• Tracks capital spending and prepares monthly investment reports.

Essential To Job Functions - Physical And/or Mental Restrictions

• Ability to work for long periods of time while sitting.
• Visual ability to work accurately with detailed information and a computer screen.

Job Posted by ApplicantPro