Fixed Assets Accountant

Simmons Foods•Siloam Springs, AR

5d•Hybrid

About The Position

The purpose of this position is to identify, record, and track spending of Fixed Assets, properly reflecting them in Company financial statements in compliance with company policy. This is a Salary Exempt position.

Requirements

3-5 years accounting or finance experience.
General knowledge and experience working with subledger applications.
General knowledge and experience working with Excel.
Bachelor’s Degree in Accounting, Business or related field.

Nice To Haves

Previous accounting experience in Fixed Assets or Capital Spending preferred.
Oracle and General Ledger experience preferred.
Preference for manufacturing or other capital-intensive industry.
CPA highly preferred.
Value military experience and welcome veterans to join our team.

Responsibilities

Monitors and reviews Construction in Progress account activity, including activity from accounts payable, purchasing, tax, and work orders directly related to construction in progress charges.
Maintains records of construction in progress on Authority For Expenditures (AFE) and collaborates with relevant engineers, plant managers, project managers, plant accountants, maintenance managers, accounts payable clerks, and the I.S. department to ensure accuracy.
Assists in capitalizing expenditures, asset activity records, and operating lease accounting by recording description, value, location, and other pertinent information of each item from the construction in progress account.
Records fixed asset acquisitions and dispositions in the accounting system for all capital and fixed asset transactions, including additions, transfers, write-offs, and cost adjustments.
Compiles data and documentation related to operating leases, including rolling stock and major machinery and equipment leases, and supports lease payment processes.
Ensures monthly that all fixed asset sub-ledgers accounts agree to a general ledger.
Reconciles and reviews all construction in progress related accounts, gain/loss accounts, and prepaid lease accounts.
Records acquisition, sale, or retirement of assets to the general ledger.
Responsible for month-end journal entries for lease expense and any other journal entries necessary to ensure correct records.
Ensures the proper documents, forms, and information are included on property tax assessment reporting, various government surveys, and other reporting as directed.
Participates in the ongoing development, communication, and implementation of team concepts, programs, and policies; coordinates work to ensure best practices with all team members.
Attends appropriate team meetings and fosters strong cohesiveness regarding all major issues.
Accepts responsibility to quickly identify any areas that lack cohesiveness, bringing them to the attention of the team leader and working with the team in a supportive manner to resolve issues.
Actively looks for ways to achieve synergy possible within the larger organization.
Is familiar with Simmons’ established operating systems (e.g., quality, security, office environment, company policies, LEAN) and understands the responsibility to maintain familiarity with the systems and this position’s role in support of these systems.
Considers the impact of individual actions on the systems and the responsibility to communicate concerns and improvement ideas.
Performs other duties as necessary in support of business objectives.