Fixed Asset Accountant

  • Pillsbury Winthrop Shaw Pittman LLP
  • Nashville, TN, USA
  • Sep 08, 2020
Full time Accounting Legal

Job Description

Position Summary

The Fixed Asset Accountant provides complex support by maintaining accurate, consistent, complete and timely data relating to the firms fixed assets in both the General Ledger and the Fixed Asset subsystem. This position is also responsible for property tax returns and compliance, along with any other Fixed Asset related needs or requests.

Representative Key Responsibilities

  • Record fixed assets by following a system of procedures, forms, and controls
  • Recommend any updates to accounting policies affecting fixed assets to management
  • Record in the accounting system newly acquired fixed assets, transferred and those disposed
  • Track, compile, and record project costs in fixed asset accounts; close out the accounts at the completion of the projects by moving from Construction in Progress in a timely manner
  • Perform reconciliation of fixed asset subsidiary ledger balance with summary-level account in the general ledger
  • Perform depreciation/amortization calculation for all fixed assets in Sage FAS system
  • Perform revision and update on the detailed schedule (Roll Forward Schedule) of accumulated depreciation and fixed assets
  • Review fixed assets’ obsolescence potential; recommending fixed assets that should be disposed of to management
  • As may be requested by management, perform fixed asset related analyses
  • Create fixed asset related audit schedules, and collaborate with Senior Accountant on audit needs
  • Perform property tax returns report, in a timely manner
  • Serve as company representative at any audits relating to fixed assets facilitated by a government agency
  • Track Company’s fixed asset spending in relation to its capital budget and maintain a thorough understanding of the general ledger, fixed assets and financial reporting structure
  • Review, research, and evaluate complex fixed asset issues and initiate changes or corrections as needed; ensuring the timely reporting, reconciliation and discrepancy resolution of all monthly financial information

Required Education, Knowledge and Experience

Candidates must have a BA/BS degree in Accounting or related experience, preferably with a professional services environment. Other experience should include: Experience with Aderant Expert and/or Sage FAS; Strong analytical skills and math skills; Strong organizational and problem solving skills; Strong written, oral communication, and interpersonal skills; Ability to work independently, with individuals at all levels of the organization and work well as part of a team; Ability to prepare and analyze financial statements and reports; Ability to work on multiple projects and meet regular deadlines; Must have strong experience and skills with Microsoft Excel and Word; The marginal functions of this position have not been included. This job description in no way implies that these are the only duties to be performed. An employee will be required to follow any other job-related duties required by the manager.