Title:Fixed Assets and Lease Accountant
Location:This role is based out of one of our corporate offices:
Las Vegas, NV
Stamford, CT
Chicago, IL
Scottsdale, AZ
Job Type:Full-Time/ Exempt
About the Role: The Fixed Assets and Lease Accountant is responsible for managing the accounting and reporting of the organization's fixed assets and lease portfolio. This role includes tracking asset acquisitions, disposals, and depreciation; ensuring compliance with lease accounting standards (ASC 842/IFRS 16); reconciling fixed asset and lease-related accounts; and supporting audits and financial reporting. The ideal candidate has strong attention to detail, proficiency in accounting systems, and experience with fixed asset and lease management.
What You'll Do:
Fixed Asset Management:
Record and track acquisitions, disposals, transfers, and depreciation of fixed assets.
Reconcile fixed asset sub-ledgers to the general ledger on a regular basis.
Perform physical inventory of fixed assets as required.
Lease Accounting:
Ensure compliance with ASC 842 or IFRS 16 lease accounting standards.
Maintain lease schedules, track lease payments, and calculate right-of-use (ROU) asset amortization and lease liabilities.
Collaborate with stakeholders to gather and analyze lease agreements.
Reconciliations and Reporting:
Prepare monthly, quarterly, and annual reconciliations for fixed assets and lease-related accounts.
Assist with financial statement preparation by providing accurate asset and lease data.
Generate reports for capital expenditures and lease performance.
Process Improvement:
Develop and document procedures for fixed asset and lease accounting processes.
Identify opportunities for process automation and efficiency improvements.
Audit and Compliance:
Support internal and external audits by providing requested documentation and schedules.
Ensure compliance with company policies and accounting regulations.
Collaboration:
Work with project managers on construction-in-progress (CIP) tracking and capitalization.
Liaise with procurement, real estate, and finance teams to ensure proper asset and lease recording.
Travel Requirement:
This position requires 20–25% travel for on-site inspections, audits, and collaboration with cross-functional teams at various locations.
What You'll Bring:
Education: Bachelor's degree in Accounting, Finance, or a related field.
Experience: 2–4 years of experience in accounting, with a focus on fixed assets and lease accounting preferred.
Technical Skills:
Proficiency in accounting software (e.g., ERP systems such as SAP, Oracle, or NetSuite).
Strong understanding of GAAP, specifically ASC 842 (lease accounting) and fixed asset standards.
Advanced Excel skills (e.g., pivot tables, VLOOKUP).
Other Skills:
Attention to detail and accuracy in data management.
Strong analytical and problem-solving abilities.
Effective communication skills to collaborate with cross-functional teams.