Fixed Asset Accountant

2 weeks ago

Naperville, United States Surf Internet Full time

Position: Fixed Asset Accountant

Responsibilities: The Fixed Asset Accountant will thrive in a positive and empowering environment that helps drive the company's growth. This person will serve as a member of the company's finance and accounting team with direct responsibility for government grant compliance, reporting, and reimbursement as well as supporting the fixed asset accounting efforts.

Specifically, the Fixed Asset Accountant will:

* Fixed Asset Accounting:

o Track and monitor company-owned assets from initial purchase throughout the asset life cycle including all additions, adjustments, disposals and/or transfers.

o Ensure accuracy of the asset specific information such as in service date, location, quantity, cost, disposal date, etc.

o Collaborate with project managers to track Construction in Progress (CIP) project progress and capitalize at the completion of the project.

o Ensure compliance with internal fixed asset policies and GAAP regulations.

o Assist in periodic fixed asset internal audit.

o As may be requested by management, perform fixed asset-related analyses.

o Create fixed asset related audit schedules and collaborate with auditors on their assignments.

o Track Company's fixed asset spending in relation to its capital budget, as well as management authorizations.

* Grant compliance:

o Coordinate with stakeholders in the grant application, approval, and post- award process.

o Review all appropriate state and federal laws, program rules, regulations relating to grant awards.

o Track all grant awards and contracts and ensure reporting consistently aligns with grant program requirements throughout the grant/funding period.

o Provide support in periodic state/federal compliance audits.

o Assist in establishing internal controls and help achieve desired budget and performance goals.

* Grant reimbursement:

o Maintain post award grant files including grant awards, budgets, project cost summaries and all necessary supporting documentation.

o Run internal reports throughout the grant lifecycle to ensure data accuracy, adequate progress compared to spend, and performance.

o Create and submit accurate/timely grant funding claims/quarterly reports including expenditure vouchers via email and/or online portals.

Reporting Structure: Reports directly to the Accounting Manager

Qualifications:

* Honest, trustworthy, demonstrates high integrity, awareness, and respectfulness with co-workers and customers. Conducts herself/himself with the highest ethical and moral standards.* Reliable, accountable, sets and satisfies deadlines.* Team player who inspires others.* Initiative with proactive sense of urgency. Get-it-done mentality. Proactive in anticipating questions and issues.* Develops talent and team's ability.* Business savvy: A value-add, proactive business partner who elevates and supports the rest of the senior management team.* Open and transparent. Gladly and willingly shares information and experience. Solicits, respects, and appreciates the views and opinions of others.* Thorough in giving attention and care to details.

Requirements:

* BS or BA in Accounting or Finance.* Must be willing to take a drug test as part of the selection process.* Must have unrestricted authorization to work in the United States.* The position will be based out of Naperville, IL or Elkhart, IN, based on the candidate's preference.

Hybrid work arrangement can be discussed.

Desired:

* Experience fixed asset accounting and/or grant compliance.* CPA having recent experience with companies engaged in construction and/or telecom; early career experience in a Big 4 Accounting firm is preferred.* Strong expertise in GAAP and Fixed Asset Accounting.* Oracle NetSuite ERP experience.* Microsoft Office guru, especially Excel.* Ability to read and interpret grant program guidelines and relevant statutes.* Familiarity with CFR 200.

About Surf Internet: Bain Capital Credit LP acquired a majority stake in Surf Internet, fiber-based high- speed broadband provider in the Great Lakes region, in August 2021. Bain Capital is committing significant growth capital to accelerate its fiber optic network expansion. Surf Internet provides predominately fiber-based, high-speed broadband to residential subscribers, businesses, educational institutions, and municipalities across Indiana, Illinois, and Michigan. Ensuring broadband is delivered to those who need it most, Surf Internet works with local schools and economic development offices to identify the pressing needs of the communities in which the Company operates.

With Bain Capital Credit and Post Road Group's financial and operational support, Surf Internet will accelerate its rollout of fiber-to-the-premises (FTTP) services to underserved areas across the Great Lakes region. Investment thesis is based on rapid expansion of the Company's fiber-to-the-home network. There is a significant opportunity to both densify and expand the existing footprint through the Great Lakes Region in secondary markets. Bain Capital has significant growth plans for the company and plans to grow to $100M in revenue. In addition to the growth equity investment, significant additional follow-on capital is expected, both in debt and equity. #J-18808-Ljbffr

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