Accountant, Lease & Fixed Assets
North American Rail Solutions · Fort Worth, TX · Today
AccountingFull-time
Position Summary
We are seeking a detail-oriented and technically skilled Lease, Fixed Asset & Equipment Accountant to join our Accounting & Finance team at our Fort Worth headquarters. This is a highly visible role that owns the full accounting lifecycle for NARS's extensive fleet and equipment portfolio — including on-track machinery, heavy construction equipment, trucks, trailers, and field assets — as well as the company's lease obligations under ASC 842.
Key Responsibilities
- Maintain and reconcile the fixed asset register for a large, geographically distributed fleet — including on-track machinery, heavy construction equipment, trucks, trailers, and field tools — ensuring complete tracking of acquisitions, transfers, disposals, impairments, and depreciation across all asset classes and locations
- Coordinate with shop, fleet, and field operations teams to ensure all equipment is properly tagged, tracked, and accounted for across 45+ domestic and Canadian locations
- Monitor and report on equipment usage, fuel card transactions, toll tag records, and fleet operating costs; investigate and resolve discrepancies between field activity and financial records
- Partner with project managers and operations leaders to ensure equipment costs are correctly allocated and billed to the appropriate jobs or cost centers — directly supporting project profitability reporting
- Identify and communicate at-risk, idle, or underperforming assets to the VP of Assets and Procurement and senior management
- Maintain and improve fixed asset tracking and depreciation schedules within CMiC, NARS's construction ERP platform, ensuring data integrity across all asset records
- Manage the company's lease portfolio in Trullion, NARS's lease accounting software, ensuring all operating and finance leases — including equipment, real property, and vehicle leases — are properly recorded, classified, and maintained
- Calculate and maintain right-of-use (ROU) assets and lease liability amortization schedules; ensure all new, modified, or terminated leases are captured and reflected accurately and on a timely basis
- Partner with operations, legal, and procurement to review lease and rental agreements and determine appropriate accounting treatment under ASC 842
- Prepare required lease disclosures and supporting schedules for financial reporting
- Prepare and post monthly journal entries related to depreciation, lease activity, asset disposals, and equipment cost allocations
- Perform account reconciliations for all fixed asset, accumulated depreciation, ROU asset, and lease liability accounts
- Prepare and distribute asset and fleet reporting schedules to management, summarizing capital balances, depreciation trends, lease obligations, and fleet cost metrics
- Support the forecasting of depreciation expense — a key component of the company's operating cash flow targets — and assist in annual capital expenditure budget preparation
- Ensure compliance with fixed asset and lease accounting policies, internal controls, and GAAP across all NARS operating entities
- Support internal and external audit processes with fixed asset and lease-related requests, documentation, and account reconciliations
- Aid in developing, documenting, and continuously improving fixed asset and lease accounting policies and procedures as the organization grows
Minimum Qualifications
- Bachelor's degree in Accounting, Finance, or a related field
- 3+ years of progressive accounting experience with demonstrated exposure to fixed asset and/or lease accounting
- Familiarity with depreciation methodologies, capitalization policies, and general ledger processes
- High proficiency in Microsoft Excel, including pivot tables, VLOOKUP/XLOOKUP, conditional formatting, and data modeling to analyze and present fleet cost and financial data
- Strong attention to detail, organizational skills, and the ability to manage multiple priorities in a fast-paced, growth-oriented environment
- Effective verbal and written communication skills with the ability to collaborate across accounting, operations, and field teams
Preferred Qualifications
- CPA license or active CPA candidate
- Experience in construction, rail, transportation, or other asset-intensive industries — direct exposure to fleet or heavy equipment accounting is a strong plus
- Hands-on experience with CMiC or a comparable construction ERP platform
- Experience with Trullion or a comparable lease accounting software (e.g., LeaseQuery, CoStar)
- Experience supporting internal or external audit engagements in a multi-entity environment
- Demonstrated track record of identifying and driving process improvements within an accounting function