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Fixed Asset Accountant
2 months ago
BACKGROUND
Due to our rapid growth, our success is directly dependent on attracting and retaining the best possible talent across our teams.
This opportunity will be based in our Norwood manufacturing facility with an occasional need to visit other facilities and our corporate headquarters in Needham.
The schedule will follow our hybrid work model, three days working onsite and two remote working days.OVERVIEW OF ROLE:
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Fixed Assets Accounting:
- Properly record fixed asset acquisitions and create new asset records when needed. Manage the acquisition, tracking and accounting of new fixed assets for multiple locations, including a new manufacturing facility.
- Ensure accurate financial reporting and location tracking of assets from the different facilities.
- Monitor monthly if there were any disposals of FA and book accordingly.
- Assign tag numbers to all existing and new fixed assets from the different facilities.
- Calculate book depreciation for all fixed assets and provide monthly forecasting and annual budgeting.
- Ensure we have the tax depreciation data by asset updated in our current ERP system.
- Update and maintain the detailed schedule of fixed assets and accumulated depreciation.
- Reconcile balance in the fixed asset subsidiary ledger to the summarylevel account in the general ledger.
- Conduct periodic physical counts of fixed assets.
- Work with Operations and Engineering team to monitor the useful life of assets and investigate potential obsolescence of fixed assets.
- Recommend to management whether certain fixed assets should be disposed of and collaborate to find potential third parties interested in them if necessary.
- Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.
- Other duties as assigned.
Capital Project Management:
- Participate in monthly Capex review meetings, helping to determine which projects should be closed in the month and reclassify them to Fixed Assets.
- Participate in monthly Capex Steerco meeting
- Partner with Ops Finance team to ensure continuous evaluation of capital vs expense.
Fixed Assets Process Improvement:
- Partner with Operations team to review existing fixed assets records, improvement processes around fixed assets management and implement a new fixed asset system to better track fixed assets.
- Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
- Recommend to management any updates to accounting policies related to fixed assets.
EDUCATION AND/OR EXPERIENCE:
- Bachelor's degree in accounting or related field, CPA preferred
- 23 years of experience in fixed assets accounting or general accounting
- Solid understanding of general ledger and GAAP accounting practices
- Experience with using and implementing fixed asset accounting/tracking systems
- Previous experience in a manufacturing environment is helpful, but not necessary
- Strong ERP skills; Experience with Microsoft Dynamics 365 is a plus
- Strong knowledge and use of Microsoft Excel, Word, and Outlook
- Ability to work independently, multitask, be proactive, detail oriented and wellorganized
- Team player with strong collaborative and communication skills, comfortably work with cross functional teams
- Flexible in working at various manufacturing and/or warehouse locations
- Project accounting experience is a plus
Exciting Benefits Await You:
- Enjoy toptier Medical, Dental, Vision coverage.
- Pamper your furry friends with Pet Insurance.
- Stay fit with our Wellness Plan and Free Gym Access.
- Boost your skills with Employee Tuition Reimbursement.
- Unlock endless opportunities with College Scholarship for dependents.
- Reap the Rewards of Our Bonus Program Available to Our Salary and Hourly Employees.
- Receive a Generous 401k Company Match.
- Take advantage of Competitive Paid Time Off.
- Elevate Your Safety Net with Company-Sponsored Life Insurance Coverage.
- Receive Relocation Assistance for a Smooth Transition.
- Earn Rewards through our Employee Bonus Referral Program.
- Elevate Your Workplace Experience with Community Impact Opportunities.
- Celebrate Together with Employee Appreciation BBQs, Happy Hours, Birthdays, & More
Opportunity Calls Unsure if you meet all requirements? Don't hesitate, apply
Our recruitment process is prompt and transparent. Your resume will receive swift attention from our talent professionals. If chosen, you'll undergo a recruiter phone screen, followed by interviews with key team members. We value your potential.
At Home Market Foods, we champion equal opportunities for all, prohibiting discrimination based on race, religion, gender, and more. Our commitment extends across all aspects of employment, ensuring a fair and inclusive workplace.
