Sr Accountant-Fixed Assets

XylemCharlotte, NC
Hybrid

About The Position

Xylem is seeking a highly motivated Senior Accountant – Fixed Assets to manage and support the accounting, reporting, and control of the company’s global Property, Plant & Equipment (PP&E) portfolio. In this role, you will oversee the full fixed asset lifecycle, including capital project accounting, construction-in-progress (CIP), asset capitalization, depreciation, transfers, disposals, reconciliations, and financial reporting. The ideal candidate will bring strong technical accounting expertise, attention to detail, and a commitment to maintaining accurate financial records and compliance with internal controls. This is a hybrid position based in our Charlotte, NC office.

Requirements

  • A bachelor’s degree in Finance, Accounting, or a related field or equivalent work experience
  • 2-4 years of accounting experience, preferably in fixed assets.
  • Experience preparing and analyzing balance sheet reconciliations.
  • Understanding of US GAAP and fixed asset accounting concepts.
  • Advanced Microsoft Excel skills.
  • Strong analytical, organizational, and problem-solving skills.
  • Ability to manage competing priorities and meet deadlines in a fast-paced environment.

Nice To Haves

  • Experience with SAP, Oracle, OneStream, Blackline a plus
  • Process improvement and continuous learning orientation.

Responsibilities

  • Manage the full lifecycle of fixed assets, including acquisitions, CIP accounting, capitalization, depreciation, transfers, impairments, and asset retirements.
  • Review capital expenditures and ensure compliance with Xylem capitalization policies and accounting guidance.
  • Maintain asset master data and ensure appropriate asset classifications, useful lives, and depreciation methods.
  • Prepare and post journal entries related to fixed assets, depreciation, and capital projects.
  • Analyze monthly depreciation expense and investigate significant fluctuations.
  • Support month-end, quarter-end, and year-end close activities across multiple business units.
  • Prepare fixed asset roll-forwards and supporting schedules for management and audits.
  • Prepare and certify monthly balance sheet reconciliations for PP&E, accumulated depreciation, and related accounts using OneStream.
  • Investigate and resolve reconciling items timely and accurately.
  • Assist with fixed asset audits, and internal control reviews.
  • Identify opportunities to improve processes, standardize reporting, and automate manual activities.
  • Collaborate with finance teams, operational leaders, and project owners across multiple business segments and legal entities.

Benefits

  • Medical, Dental, Vision plans
  • 401(k) with company contribution
  • Paid time off
  • Paid parental leave
  • Tuition reimbursement
  • Maternity support
  • Fertility benefits
  • Flexibility and hybrid work options
  • Health, dental, and vision insurance from day one
  • Emotional health and wellness programs
  • Volunteer program (Watermark)
  • Paid time off (PTO)/Flexible time off (FTO)
  • Paid holidays
  • Career development, advancement, tuition reimbursement, and student loan forgiveness
  • Generous retirement savings plan with company contribution
  • Employee recognition and discount programs
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