Fixed Asset and Accounting Specialist

Bassett Mechanical•Kaukauna, WI

18d

About The Position

This role is responsible for tracking, recording, reconciling, and reporting the company’s capital assets in accordance with GAAP, tax regulations, and company policies. It also manages accounting and cash management functions for related-party real estate entities while supporting financial reporting, tax compliance, and continuous improvement initiatives. The position supports lease accounting and financial reporting under ASC 842, including evaluating lease agreements, recording right-of-use assets and lease liabilities, and preparing documentation for external auditors. It provides additional accounting support as needed, contributes to continuous improvement, supports a safe and lean working environment, and performs responsibilities within the quality management system and ISO standards. Other duties may be assigned.

Requirements

Bachelor’s degree in Accounting.
At least three to five years of progressive experience in public or private accounting.
Ability to perform detailed analysis independently to ensure accurate accounting and/or provide value-added solutions.
Proficiency in Microsoft Excel, Word, and Outlook.
Experience with accounting and fixed-asset applications.
Ability to handle confidential company information with integrity.
Strong attention to detail and organizational skills.
Ability to work effectively in a team-oriented environment.
Excellent verbal and written communication and customer service skills.

Nice To Haves

Experience with fixed-asset accounting, capitalization policies, and depreciation methodologies.

Responsibilities

Review approved capital requests and determine internal job setup and appropriate cost classification in accordance with GAAP, tax regulations, and company policies.
Set up jobs in the Viewpoint ERP system for internal capital and expense projects.
Determine and apply allocations between capital and expense general ledger accounts for internal projects where applicable.
Review general ledger detail to ensure appropriate capital-versus-expense classification.
Monitor open construction-in-progress projects and coordinate timely capitalization.
Review internal capital and operating projects for appropriate sales and use tax treatment.
Record general ledger entries for cost reclassifications, asset additions, depreciation, and disposals; reconcile fixed assets and construction-in-progress monthly.
Use Sage FAS to inventory, depreciate, and dispose of capital assets.
Coordinate and perform periodic fixed-asset inventory reviews to identify assets that are obsolete, disposed of, or no longer in service.
Track budgeted capital expenditures against actual costs incurred.
Prepare fixed-asset schedules and supporting documentation for financial statement and income tax reporting.
Prepare and file the company’s annual Manufacturing Real Estate Returns (Form MR).
Support external audit and tax requests related to fixed assets and construction-in-progress.
Stay current with applicable tax regulations related to capital assets and depreciation.
Support lease accounting and financial reporting under ASC 842, including evaluating lease agreements, recording right-of-use assets and lease liabilities, and preparing supporting documentation for external auditors.
Execute all accounting transactions and cash management functions for related-party real estate entities.
Provide documentation to the external tax preparer for annual tax return filings.
Provide additional accounting support to the department as needed.
Establish and follow through on a personal professional development plan.
Contribute to department continuous improvement initiatives.
Support and maintain a safe and lean working environment.
Perform responsibilities within the quality management system and ISO standards.
Perform other duties as assigned.