Fixed Assets Accountant
About The Position
The Fixed Assets Accountant maintains the integrity, accuracy, and control of the bank’s fixed asset accounting and reporting processes. The role supports general ledger and subsidiary records, month-end and quarter-end close activities, reconciliations, financial and management reporting, and accounting, audit, and control requirements. It uses accounting technologies, data analysis, automation, and process improvement to enhance reporting, strengthen controls, improve data quality and operational efficiency, and develop scalable accounting processes. The accountant also partners across functions to identify technology-enabled solutions and continuous improvements while ensuring fixed asset activity is accurate, well-controlled, explainable, and audit-ready. The position includes recurring and project-based work such as reviewing journal entries, asset reclassifications, trial balances, depreciation variances, and asset setup; preparing quarter-end reporting support; processing asset lifecycle events; monitoring project and capital activity; and maintaining procedures and control documentation. The role requires working from a U.S. Bank location three or more days per week.
Requirements
- Bachelor's degree in accounting or finance, or equivalent work experience.
- Typically three or more years of related experience.
- Considerable knowledge of U.S. GAAP, fixed assets accounting, accounting controls, financial reporting, and reconciliations.
- Experience with month-end and quarter-end close, journal entries, account reconciliations, variance analysis, and audit support.
- Ability to analyze large data sets, identify exceptions and root causes, resolve issues, and communicate clear recommendations.
- Strong written and verbal communication, organization, and cross-functional collaboration skills.
- Ability to work from a U.S. Bank location three or more days per week.
Nice To Haves
- Experience with Workday Financials or a similar ERP, including business asset processing, reporting, EIBs, testing, or configuration support.
- Advanced Microsoft Excel skills, including PivotTables and Power Query.
- Experience with Power Pivot, VBA/macros, Power BI, or Microsoft Access.
- Experience with Microsoft 365 tools, including Word, PowerPoint, Teams, and approved Copilot capabilities.
- Experience with Power Automate or other workflow automation.
- Experience documenting business requirements, acceptance criteria, and testing results in Jira or a similar work-management tool.
- CPA, CMA, data analytics, process improvement, Agile/Jira, or relevant technology training.
Responsibilities
- Perform and review fixed asset accounting activities, including additions, capitalization, depreciation, transfers, adjustments, disposals, journal entries, and account reconciliations.
- Prepare and analyze fixed asset reports, roll forwards, variance explanations, and management or external reporting support; identify trends, exceptions, and data-quality issues and recommend corrective action.
- Execute and support SOX controls, maintain complete documentation, resolve exceptions, and provide evidence for internal and external audits.
- Improve accounting systems, reports, controls, and workflows; document requirements, support configuration or reporting requests, test changes, validate results, and partner with technology teams through completion.
- Maintain procedures, process narratives, job aids, and control documentation; share knowledge and support consistent, scalable execution across the team.
- Partner with Corporate Accounting, Tax, Financial Systems Support, External Reporting, and business lines on asset lifecycle activity, capitalization decisions, disposals, reporting needs, and issue resolution.
- Support month-end quality assurance, including review of journal entries, asset reclassifications, trial balances, depreciation variances, and asset setup.
- Support quarter-end fixed asset reporting and cash flow, management, and external reporting schedules.
- Prepare, validate, and process business asset EIBs for disposals, transfers, place-in-service activity, and other lifecycle events.
- Monitor project and capital activity, follow up on exceptions, review budgets or data quality, and notify stakeholders.
- Support system testing, audit requests, process automation, and maintenance of fixed asset procedures and control documentation.
Benefits
- Healthcare coverage, including medical, dental, and vision.
- Basic term and optional term life insurance.
- Short-term and long-term disability insurance.
- Pregnancy disability and parental leave.
- 401(k) and employer-funded retirement plan.
- Paid vacation of two to five weeks depending on salary grade and tenure.
- Up to 11 paid holiday opportunities.
- Adoption assistance.
- Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
