System One is in search of a Fixed Assets Accountant II for a growing company in the Chouteau, OK, area . Qualified candidates will join an established team of professionals who excel in their areas of expertise. The company is interested in a talented individual with the appropriate background who will have a positive impact in achieving success. Summary:
As a Fixed Assets Accountant II, you will be responsible for managing and accounting for the fixed assets of the organization. This role involves maintaining accurate records of fixed assets, ensuring compliance with accounting standards and regulations, and providing valuable insights to support decision-making processes. You will collaborate with various departments to monitor asset acquisitions, disposals, and depreciation, contributing to the overall financial health and efficiency of the organization.
Key Responsibilities: Fixed Asset Management:
Maintain accurate records of all fixed assets including land, buildings, machinery, equipment, and vehicles. Monitor the addition, disposal, and transfer of fixed assets, ensuring proper documentation and compliance with company policies. Perform regular physical audits to verify the existence and condition of fixed assets. Reconcile fixed asset records with the general ledger and resolve any discrepancies. Depreciation and Amortization:
Calculate and record depreciation and amortization expenses for fixed assets using appropriate methods (e.g., straight-line, double declining balance). Update depreciation schedules and forecasts based on changes in asset usage, useful life, or impairment assessments. Collaborate with the finance team to ensure accurate and timely recording of depreciation expenses in the financial statements. Financial Reporting and Analysis:
Prepare and analyze reports related to fixed assets, including depreciation schedules, capital expenditure reports, and asset utilization metrics. Provide insights and recommendations to management based on analysis of fixed asset data, highlighting areas for cost savings or process improvements. Assist in the preparation of financial statements and disclosures related to fixed assets for internal and external reporting purposes. Compliance and Auditing:
Ensure compliance with accounting standards and regulatory requirements related to fixed asset accounting. Support internal and external auditors during fixed asset audits, providing necessary documentation and explanations. Implement and maintain internal controls to safeguard fixed assets and prevent fraud or misappropriation. Process Improvement and System Enhancement:
Identify opportunities to streamline fixed asset management processes and enhance system functionalities. Collaborate with IT and finance teams to implement system upgrades or new software solutions for fixed asset tracking and accounting. Provide training and support to staff members on fixed asset accounting procedures and system usage. Qualifications: Bachelor's degree in Accounting, Finance, or related field required. 2+ years of experience in fixed asset accounting or related financial roles. Experience in the following software: Microsoft Office (emphasis in Excel), Microsoft Dynamics 365 or similar ERP platform, Maximo. Proficient knowledge of Governmental Accounting Standards (GASB) and Federal Energy Regulatory Commission (FERC) Title 18 chart of accounts is strongly preferred. Strong understanding of accounting principles and practices, especially related to fixed assets. Excellent analytical skills with the ability to interpret financial data and provide meaningful insights. Attention to detail and accuracy in record-keeping and financial reporting. Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and present complex information clearly. Proven ability to prioritize tasks, meet deadlines, and adapt to changing priorities in a fast-paced environment. Compensation: $57,000-$67,000/year (commensurate with experience and qualifications)
