Fixed Asset Analyst

Lumos

4d•Onsite

About The Position

Lumos Fiber is seeking an analytical and detail-oriented Fixed Asset Analyst to support the financial management of capital projects and fixed assets across our growing organization. This role is responsible for supporting fixed asset and construction accounting processes from project setup through asset capitalization while ensuring accuracy, compliance, and operational efficiency. The ideal candidate thrives in a fast-paced environment and enjoys partnering cross-functionally to improve processes, solve problems, and support strategic financial reporting and decision-making. Experience with construction or project accounting and familiarity with the NetSuite Fixed Asset module are strongly preferred.

Requirements

Strong understanding of fixed asset accounting, capitalization policies, GAAP, and month-end close processes.
Ability to manage responsibilities independently while collaborating across departments.
Experience analyzing large datasets and identifying trends, discrepancies, and process improvement opportunities.
Strong systems aptitude with the ability to investigate issues, improve workflows, and support system enhancements.
Excellent analytical, organizational, and problem-solving skills.
Strong communication skills with the ability to work effectively with both accounting and non-accounting personnel.
Advanced Excel skills required.
Ability to adapt to changing business needs and manage multiple priorities in a fast-paced environment.
Detail-oriented with strong ownership and accountability mindset.
Bachelor’s degree in Accounting required
4+ years of fixed asset, project accounting, or related accounting experience.

Nice To Haves

Experience with NetSuite, including the Fixed Asset module, strongly preferred.
CPA preferred.
Telecom industry experience preferred.

Responsibilities

Manage the fixed asset and Construction in Progress (CIP) process from capital project setup through project closure and asset capitalization.
Review construction project activity to ensure proper coding, capitalization treatment, and financial accuracy in accordance with company policy and GAAP.
Partner closely with the Construction and Operations teams to review project details, resolve coding issues, and improve financial data quality.
Prepare month-end journal entries, supporting schedules, and reconciliations related to fixed assets, depreciation, inventory, and capital expenditures.
Perform detailed account analysis and variance analysis for fixed asset and capital-related accounts and communicate findings to management.
Prepare monthly CAPEX reporting packages to support accounting close.
Complete Fixed Asset, CIP, and Inventory account reconciliations accurately and timely for high-value fixed asset and project-related accounts.
Research and resolve accounting discrepancies, system issues, and transactional variances within the general ledger and related systems.
Maintain accurate fixed asset records and ensure compliance with accounting policies and capitalization guidelines.
Investigate system-related issues impacting fixed asset reporting processes and collaborate with business partners to identify solutions.
Identify opportunities to improve workflows, reporting accuracy, automation, and operational efficiency across fixed asset accounting functions.
Support testing, validation, and implementation of system enhancements, process changes, and code updates within NetSuite.
Serve as a resource to field and operational teams regarding accounting processes, capitalization guidance, and project coding questions.
Assist in developing and maintaining internal controls, procedures, and documentation related to fixed assets accounting.
Support internal and external audit requests related to fixed assets, CIP, and inventory.
Assist with year-end reporting and audit schedules.
Participate in special projects, reporting initiatives, and process improvement efforts as assigned.

Benefits

Comprehensive health, dental, and vision coverage.
Competitive compensation packages, including bonus options for eligible positions.
Paid Time Off & Paid Holidays.
Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs).
100% employer-paid life and disability insurance.
Employee Assistance Program (EAP) with access to professional support for life’s challenges.
401K plan w/ up to 5% employer contribution and a self-directed brokerage option.
Wellness program offering education and cash incentives for gym attendance and nutrition programs.
Employee referral bonuses.
Discounts on Lumos Fiber Internet for employees who live in our service areas.