Job Summary:
The Fixed Asset Manager is responsible for overseeing the complete lifecycle of fixed assets within the organization, including acquisition, capitalization, depreciation, transfers, and disposals. This role requires firsthand participation, oversees one team member, and ensures compliance with all accounting standards and company policies. It also requires maintaining precise asset records within the fixed asset subledger.
Key Responsibilities:
Oversee, prepare, and review all fixed asset accounting transactions and related functions for a portfolio exceeding $2 billion in assets across multiple companies and subsidiaries. Ensure the accurate and timely recording of asset transactions in Sage and other accounting systems, adhering to GAAP and corporate policies.
- Mange, prepare, and oversee asset acquisitions, capitalizations, depreciation schedules, and asset retirements/disposals within Sage and supporting schedules.
- Prepare, review, and approve journal entries, fixed asset roll forwards, and reconciliations related to asset activity and depreciation.
- Prepare and review reports and analysis for stakeholders and auditors. Assist audits, both internal and external, by supplying asset documents and explanations.
- Maintain and document internal controls for all fixed asset processes, updating policies and procedures as needed.
- Recommend and implement process improvements for asset management.
- Provide leadership or support for system upgrades, integrations, and migrations concerning Sage fixed asset modules.
- Lead or coordinate the fixed asset accounting function during the implementation of a new ERP system, ensuring accurate data migration, process mapping, and alignment with GAAP and corporate policies. Consult with IT and project teams to define requirements, test system functionality, and troubleshoot fixed asset-related issues to facilitate a smooth transition.
- Demonstrate a thorough understanding of and ability to create intercompany journal entries among various entities and general ledger systems.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field preferred.
- Minimum 3–5 years of experience in fixed asset accounting, with at least 2 years in a managerial or supervisory capacity.
- Extensive, practical experience with Sage Fixed Assets or Sage Intacct software is required. Experience with multi-company and purchase accounting is preferred.
- General understanding of US GAAP, fixed asset accounting, and internal controls.
- Experience conducting or supporting asset audits and physical inventory counts.
- Intermediate-to-advanced experience in Microsoft Excel and financial reporting tools (Macro experience is a plus)
- Strong analytical, organizational, and communication skills.
WORK ENVIRONMENT
- While performing the duties of this job, the employee is exposed to typical risks of injury in an office environment.
- Must adhere to the company’s Code of Conduct and all other policies.
SUPERVISORY ROLE:
- This role is a Leader of People role with required competencies: Sizing up People, Delegation, Planning, Customer Focus and Conflict Management
Safety Requirements:
- Follows all departmental and company safety policies and programs.
Physical Requirements:
- Ability to lift and carry packages weighing up to 50 pounds.
- Stand, walk, and perform repetitive tasks for extended periods.
EQUAL OPPORTUNITY EMPLOYER
As an Equal Opportunity Employer, Wayne-Sanderson does not discriminate on the basis of race, creed, color, religion, gender (sex), sexual orientation, gender identity, marital status, national origin, ancestry, age, disability, citizenship status, a person’s veteran status or any other characteristic protected by law or executive order.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.