Fixed Asset Accountant

Vibe Restaurants LLC•Farmers Branch, TX

45d•Hybrid

About The Position

The Fixed Asset Accountant is responsible for all accounting aspects related to capital and expense projects, as well as completing the month-end process for Fixed Assets. This role also manages the funds for new restaurant construction and ensures compliance with internal controls and GAAP.

Requirements

A Bachelor’s Degree in Accounting, Finance, or Business Administration is required.
At least 5 years of professional accounting experience is needed.
Able to work independently with minimal direction.
Excellent time management skills to meet deadlines.
Strong working knowledge of general accounting concepts and GAAP.
Self-directed, results-driven, able to multitask, and maintain confidentiality.
Strong organizational, analytical, and communication skills.
Proficiency in Microsoft Excel.

Nice To Haves

Preference for experience in Fixed Asset accounting.
Experience using Sage Intacct is preferred but not required.

Responsibilities

Identify and document the proper accounting treatment (capital or expense) for projects.
Create and review fixed asset additions at the end of each month.
Prepare and record system depreciation and adjustment journal entries as needed.
Process fixed asset disposals.
Prepare month-end fixed asset reconciliations and other supporting documentation.
Manage funds for the construction of New Restaurant Openings (NROs).
Maintain a repository of invoices for funding requests.
Update construction budgets and track project costs.
Compile and complete documents to submit funding requests to the bank.
Prepare a fixed asset schedule to support the annual accounting audit.
Review project close-outs to ensure proper documentation and reasonableness.
Ensure compliance with internal controls, policies, and procedures in accordance with GAAP.
Research and resolve issues with facility managers, project managers, operations directors, and Accounting.
Update debt schedules.