Fixed Asset Accountant

Gila River Development•Chandler, AZ

10d

About The Position

The Fixed Asset Accountant is responsible for managing and maintaining accurate records of all company fixed assets, including tangible and intangible property. This position oversees the acquisition, tracking, depreciation, and disposal of assets, ensuring compliance with U.S. GAAP and company policies. The Fixed Asset Accountant also collaborates with multiple departments to support project accounting, audits, and financial reporting.

Responsibilities

Create and monitor systems of controls, procedures, and forms for recording fixed assets.
Maintain detailed and accurate records of all fixed assets, including acquisitions, disposals, and depreciation calculations.
Tag and properly classify assets in the accounting system.
Conduct periodic reviews of the fixed asset schedule to determine dispositions and adjustments.
Reconcile the balance in the fixed asset subsidiary ledger to the general ledger.
Run and verify monthly depreciation for all fixed assets.
Conduct periodic physical counts of fixed assets to verify their existence and condition; investigate discrepancies as needed.
Track and compile project costs into fixed asset accounts, ensuring accurate capitalization and timely closeout of completed projects.
Work closely with various departments to monitor project costs against budgeted projections.
Prepare and review monthly financial statements related to fixed asset activities.
Reconcile specific general ledger accounts associated with fixed assets.
Ensure all fixed asset accounting practices align with U.S. GAAP and company policies, recommending updates and improvements when necessary.
Assist in preparing budgets, forecasts, and management reports related to capital expenditures.
Prepare audit schedules and documentation related to fixed assets.
Assist internal and external auditors with inquiries, providing timely and accurate information.
Assist with other accounting functions as assigned.
Participate in process improvement initiatives to enhance efficiency and accuracy within the accounting department.