Fixed Asset Accountant

J2T Recruiting•Longmont, CO

15d•$54,000

About The Position

80% of their work is fixed asset – $18M in assetts 20% is sales tax returns, business license renewals and reporting Emphasis on fixed asset, sales tax & Oracle A lot of data entry and manipulation Modifying data that comes from corporate Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets Recommend to management any updates to accounting policies related to fixed assets Assign tag numbers to fixed assets Record fixed asset acquisitions and dispositions in the accounting system Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger Calculate depreciation for all fixed assets Review and update the detailed schedule of fixed assets and accumulated depreciation Calculate asset retirement obligations for those fixed assets to which AROs are applicable Investigate the potential obsolescence of fixed assets Conduct periodic impairment reviews for intangible assets Conduct periodic physical inventory counts of fixed assets Recommend to management whether fixed assets should be disposed of Conduct analyses related to fixed assets as requested by management Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries Prepare property tax returns Represent the company during any audits by a government that involve fixed assets T rack company expenditures for fixed assets in comparison to the capital budget and management authorizations

Requirements

Strong Excel
Experience with an ERP system, preferably Oracle
Methodical & systematic individual
Minimum of 3 years of related experience as Fixed Asset Accountant prior

Responsibilities

Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets
Recommend to management any updates to accounting policies related to fixed assets
Assign tag numbers to fixed assets
Record fixed asset acquisitions and dispositions in the accounting system
Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed
Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger
Calculate depreciation for all fixed assets
Review and update the detailed schedule of fixed assets and accumulated depreciation
Calculate asset retirement obligations for those fixed assets to which AROs are applicable
Investigate the potential obsolescence of fixed assets
Conduct periodic impairment reviews for intangible assets
Conduct periodic physical inventory counts of fixed assets
Recommend to management whether fixed assets should be disposed of
Conduct analyses related to fixed assets as requested by management
Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries
Prepare property tax returns
Represent the company during any audits by a government that involve fixed assets
Track company expenditures for fixed assets in comparison to the capital budget and management authorizations