Fixed Asset Accountant

2 weeks ago

Pomona, United States LHH Full time

LHH is partnering with one of our clients for a Fixed Asset Accountant plays a critical role in managing, verifying, and maintaining the organization's fixed assets. Reporting directly to the Controller, this position is responsible for accurately recording, tracking, and reporting on the financial aspects of fixed assets, ensuring compliance with accounting standards and organizational policies. This position will also assist with other accounting projects, duties, and reporting as needed and assigned by the Controller.


PRINCIPAL DUTIES AND RESPONSIBILITIES

Asset Management:

• Maintain a comprehensive fixed asset list within the fixed asset software system, record all acquisitions, disposals, and transfers accurately

• Depreciation and Amortization:

• Calculate and record monthly depreciation and amortization expenses in accordance with Generally Accepted Accounting Principles (GAAP) and Internal Revenue Service (IRS) guidelines

• Ensure depreciation and amortization schedules are up to date and align with organizational policies

Financial Reporting:

• Prepare and provide fixed asset reports and analysis for the Controller, as well as for internal and external stakeholders

• Collaborate with the Assistant Controller and Controller to support the preparation of financial statements

Compliance:

• Ensure compliance with tax and accounting regulations regarding fixed assets

• Stay informed about changes in accounting standards and adapt practices accordingly

Capital Budgeting:

• Assist in the development of capital budgets and provide input on the fiscal impact of proposed capital expenditures

Documentation and Records:

• Maintain organized and comprehensive records for all fixed assets, including purchase documentation, depreciation calculations, and disposal records

Process Improvement:

• Identify opportunities for process improvements related to fixed asset accounting, recommend changes, and implement approved solutions


What you bring to the role:


SKILLS, KNOWLEDGE AND ABILITIES

• Bachelor’s degree in accounting, finance, or related field

• Certified Public Accountant (CPA) designation preferred

• Minimum of 3-5 years of experience in fixed asset accounting or a related field in an organization with multiple entities and extensive fixed assets

• Strong knowledge of accounting principles and GAAP

• Proficiency in financial software and Excel applications

• Excellent attention to detail and organizational skills

• Strong analytical and problem-solving abilities

• Effective communication and interpersonal skills

• Ability to work in a challenging face pace environment

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