Accounting Manager – Operating Expenses and Capital Accounting

Forged Fiber 37•Denver, CO

15d•Hybrid

About The Position

The Accounting Manager – Operating Expenses and Capital Accounting is responsible for overseeing operating expense accounting, project accounting, and fixed asset accounting in accordance with U.S. GAAP. This role ensures accurate financial reporting, strong internal controls, and consistent application of capitalization and expense recognition standards. The Accounting Manager partners closely with FP&A, Procurement, and Operations to support business decision-making while maintaining compliance and financial discipline.

Requirements

Bachelor’s degree in Accounting or Finance (Master’s degree a plus).
6–10 years of progressive accounting experience, including people management.
Strong working knowledge of U.S. GAAP, with demonstrated expertise in: Capitalization and fixed asset accounting, Project accounting, Expense recognition and accruals.
Strong analytical and problem-solving skills and written and verbal communication.
Experience partnering cross-functionally with Operations, FP&A, and project teams.
Ability to manage competing priorities in a fast-paced growth environment.
ERP system experience (e.g., Oracle, SAP, NetSuite, Workday, or similar).
Advanced Excel skills

Nice To Haves

CPA or CPA-eligible strongly preferred.
Experience with fixed asset subledgers preferred.
Experience in communications, technology, or construction industries.

Responsibilities

Oversee the accurate recording, review, and reconciliation of operating expenses across departments.
Ensure expenses are recorded in the proper period and in accordance with U.S. GAAP and company accounting policies.
Review monthly close activities, including accruals, prepaid expenses, journal entries, flux analyses, and account reconciliations.
Partner with FP&A to support budget-to-actual variance analysis and explain operating cost trends.
Manage accounting for capital and non-capital projects, ensuring appropriate classification, tracking, and reporting of project costs.
Review project cost allocations, accruals, capitalized internal costs, and capitalization timing.
Partner with Engineering, IT, Construction, and project management teams to understand project scope and cost drivers.
Establish and maintain project accounting controls to ensure costs are approved, supported, and recorded accurately.
Oversee fixed asset accounting, including additions, retirements, transfers, depreciation, impairments, and asset reconciliations.
Apply and enforce capitalization criteria under U.S. GAAP, including evaluation of: Nature of costs (capital vs. expense), Useful life thresholds, Betterments vs. repairs and maintenance, Software capitalization (internal-use and cloud-based arrangements, as applicable).
Ensure timely capitalization of qualifying costs upon asset placement in service.
Maintain and document capitalization policies and procedures; provide guidance to stakeholders on asset treatment.
Prepare fixed asset roll forwards and support disclosures for financial statements.
Lead monthly, quarterly and annual close processes for assigned areas.
Ensure compliance with internal controls and audit requirements.
Serve as a key point of contact for external auditors, preparing schedules and responding to inquiries.
Identify process improvement opportunities to enhance efficiency, accuracy, and scalability.
Manage, mentor, and develop accounting staff, including performance management and workflow oversight.
Provide accounting guidance to team members and cross-functional partners.
Support accounting policy development and training related to expense recognition and capitalization.