Fixed Asset Accountant
Norfolk Southern Corp. • Atlanta, GA4d
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B3 Fixed Asset Accountant
Norfolk Southern Corp.•Atlanta, GA
About The Position
The Fixed Asset Accountant supports accounting and reporting for the Company’s fixed assets and capital projects. The role performs accounting activities throughout the asset lifecycle and works with operations, engineering, finance, and other business partners to ensure activity is recorded timely and accurately in accordance with Generally Accepted Accounting Principles, Company policies, and internal control requirements. The position reviews capital project requests, costs, and supporting documentation; advises business partners on capitalization requirements; monitors projects through completion; and processes asset additions, transfers, adjustments, and retirements. It also supports monthly, quarterly, and annual close activities, maintains and reviews fixed asset records, prepares audit documentation and analyses, and provides information for depreciation studies and regulatory reporting. The accountant builds relationships with financial and nonfinancial stakeholders and participates in efforts to improve Capital Accounting processes, including process improvement, automation, and system enhancements. The work environment is an office. The role has no shift work, is on-call, requires weekend work, and involves travel of 0–2 days per month.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- Knowledge of fundamental accounting principles and strong analytical and problem-solving skills.
- Attention to detail, sound judgment, and commitment to accurate, high-quality work.
- Ability to manage multiple priorities and meet established deadlines.
- Effective written and verbal communication skills and ability to work collaboratively with business partners.
- Proficiency in Microsoft Excel and other Microsoft Office applications.
Nice To Haves
- One to three years of accounting, finance, audit, or related experience; relevant internships and entry-level experience may be considered.
- Experience or coursework involving fixed asset accounting, project accounting, general ledger accounting, or financial reporting.
Responsibilities
- Review capital project requests, costs, and supporting documentation to determine appropriate capital or expense treatment under Company policies.
- Provide business partners with guidance on capitalization requirements and project-related expenditures.
- Monitor capital projects through completion and ensure assets are placed in service timely, accurately, and in appropriate asset classifications.
- Review and process asset additions, transfers, adjustments, and retirements.
- Support monthly, quarterly, and annual close activities, including journal entries, account reconciliations, and fixed asset analyses.
- Review fixed asset records and investigate discrepancies, unusual activity, and reconciling items.
- Prepare schedules, documentation, and analyses for internal and external audits.
- Provide fixed asset information for depreciation studies and regulatory reporting requirements.
- Build effective working relationships and communicate accounting requirements to financial and nonfinancial stakeholders.
- Identify opportunities to improve the accuracy, efficiency, and consistency of Capital Accounting processes.
- Participate in process improvement, automation, system enhancement, and other departmental initiatives.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
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Frequently Asked Questions
Common questions about Fixed Asset Accountant careers and jobs.
Based on current job postings on Teal, the average Fixed Asset Accountant salary in the US is approximately $79,000 per year, with a typical range of $54,000 to $108,000.
