Fixed Asset Analyst

Job Description

Job Description

Our client is seeking a Fixed Asset for a special project working in their Memphis headquarters. This is a W-2 consulting project slated to last 3 to 6 months, possibly more long term and permanent.

Job Duties

• Act as a strategic partner to Controllers of designated facilities, serving as an integral member of the finance team responsible for overseeing all capital and fixed asset processes and general ledger accounts.
• Facilitate monthly reviews of capital project status with Engineering Managers and Project Engineers, addressing ongoing and upcoming projects, retirements, and project closures.
• Collaborate closely with the Engineering team at facilities to fulfill requests related to capital projects, service accruals, engineering hours, ad hoc reporting, and provide support as necessary.
• Validate capital projects in SAP project systems, identify P&L impacts from retirements, and assist in forecasting for Controllers, overseeing projects from inception to completion.
• Ensure accurate accounting of asset management transactions and timely reconciliation of PP&E related accounts.
• Uphold compliance with corporate policies and GAAP standards in capital and fixed asset accounting practices.
• Establish and maintain robust internal controls to enable precise and punctual financial reporting.
• Calculate and post necessary general ledger entries.
• Lead Annual Physical Asset Inventories, involving travel to facilities to verify fixed assets, fostering strong relationships with Controllers, Engineering Managers, and Finance personnel, and identifying opportunities for process enhancement.
• Continuously optimize centralized processes for efficiency and effectiveness, adapting to evolving business needs.
• Support Fixed Asset Tax in Quarterly and Annual Reporting, encompassing capital project Tax forecasts, appropriate asset classifications, and coding in accordance with tax laws.

Qualifications

• 1 to 3 years of Finance or Accounting experience particularly in Fixed Assets and Capital Accounting
• Bachelor’s Degree in Accounting, Finance, Business Administration or related degree
• Knowledge of key internal controls as they relate to Fixed Assets
• SAP strongly preferred