Senior Manager - Fixed Assets, Lease & Capital Projects Accounting Manager

G Forty Two General Trading LLC
•$126,000 - $190,000

About The Position

G42 Americas is a global artificial intelligence and technology group building AI data centers, hyperscale AI cloud infrastructure, and AI applications. Reporting to the Assistant Controller and partnering closely with the Chief Accounting Officer, this role owns fixed asset accounting, construction-in-progress (CIP), lease accounting, and capital project accounting. The position will build scalable processes and controls to support major investments in AI infrastructure, data centers, real estate, technology assets, and lease portfolios. The role leads accounting and monthly close activities for capital expenditures, CIP, fixed assets, depreciation, amortization, disposals, and leases. It partners with cross-functional teams to ensure accurate capitalization and accounting for infrastructure investments, supports asset tracking and large-scale deployments, reviews contracts and projects for US GAAP considerations, and maintains accurate asset and lease records across entities and jurisdictions. The position also prepares reporting schedules, supports audits and capital expenditure planning, develops KPIs, and enhances automation and controls. It will establish processes supporting future public-company reporting and SOX readiness, while recruiting and developing a scalable fixed assets and lease accounting function.

Requirements

  • 9 or more years of progressive accounting experience, including fixed assets, lease accounting, capital projects, or infrastructure investments.
  • Direct experience applying US GAAP to fixed assets, capitalization, construction-in-progress, asset impairment, asset retirement considerations, and ASC 842 lease accounting.
  • Experience managing fixed asset, lease, and project accounting functions through rapid growth and significant capital investment.
  • Hands-on experience with modern ERP systems such as Dynamics/D365, SAP, Oracle Cloud, NetSuite, or Workday, and fixed asset management tools.
  • Experience implementing or enhancing fixed asset, lease accounting, or project accounting systems and processes.
  • Direct experience managing multi-entity and high-growth environments.
  • Experience supporting major capital construction projects, infrastructure investments, and large-scale asset deployments.

Nice To Haves

  • Active CPA is strongly preferred.
  • Prior Big 4 or top-tier national public accounting experience is a plus.
  • Experience supporting accounting for data center infrastructure, colocation facilities, high-performance computing equipment, or other large-scale technology deployments is strongly preferred.

Responsibilities

  • Own accounting for capital expenditures, construction-in-progress (CIP), fixed assets, depreciation, amortization, and asset disposals.
  • Own lease accounting activities and processes, including lease inception, modifications, renewals, reassessments, and periodic remeasurement under ASC 842.
  • Lead monthly close activities for fixed assets, CIP, depreciation, amortization, and leases, including reconciliations and balance sheet certifications.
  • Partner with Data Centers, IT, Operations, Procurement, Treasury, Legal, and FP&A to ensure accurate capitalization and accounting treatment of infrastructure investments.
  • Work with infrastructure, construction, and operations teams on physical asset tracking, AI data center and technology deployments, transfers, retirements, project costs, and capitalization timing.
  • Review contracts and capital projects to identify capitalization, lease accounting, and related US GAAP considerations.
  • Maintain fixed asset and lease subledgers, physical asset inventories, and supporting documentation to ensure complete and accurate records.
  • Ensure accurate fixed asset and lease accounting across multiple legal entities, currencies, and jurisdictions.
  • Develop KPIs for capital spending, asset utilization, CIP aging, project capitalization timelines, and lease portfolio management.
  • Champion automation and process improvements across asset lifecycle management, lease administration, and capital project accounting.
  • Prepare fixed asset, CIP, depreciation, and lease accounting schedules for internal and external reporting.
  • Serve as the primary contact for fixed asset and lease audit procedures and support audit documentation requirements.
  • Partner with FP&A on capital expenditure forecasting, long-range planning, and infrastructure investment reporting.
  • Design and maintain scalable controls, policies, and documentation for future public-company reporting, SOX readiness, and governance.
  • Recruit, develop, and lead a scalable fixed assets and lease accounting function as the organization grows.

Benefits

  • Medical, dental, and vision insurance.
  • 401(k) plan with company matching.
  • Company-sponsored short-term and long-term disability coverage.
  • Life insurance.
  • Paid time off.
  • Well-being benefits.
  • Certain roles may be eligible for merit-based salary increases, annual bonuses, and long-term incentive plans, contingent on individual and company performance.
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