Accountant – Operating Expenses

About

Forged Fiber is dedicated to delivering fast, reliable, future-proof connectivity that drives online infrastructure. Our mission is guided by a commitment to excellence, teamwork, and trust among our employees. We build a state-of-the-art open-access fiber network platform that empowers millions.

The Role

The Accountant – Operating Expenses supports accurate accounting, analysis, and reporting of operating expenses, focusing on capitalization criteria under US GAAP. They assist with month-end close activities, prepare and reconcile operating expense general ledger accounts, and support expense trend analysis.

• Prepare and reconcile operating expense general ledger accounts.
• Investigate and resolve variances and reconcile items.
• Support expense trend analysis and provide explanations for period-over-period fluctuations.
• Ensure operating expenses are recorded in accordance with company policies and U.S. GAAP.
• Apply established US GAAP capitalization criteria to determine proper treatment of labor-related and other eligible costs.
• Support capitalized labor processes, including eligibility reviews, time-tracking data validation, and allocation calculations.
• Prepare capitalized labor journal entries and supporting schedules.
• Cook up with HR, payroll, IT, and operational teams to ensure accurate labor data and appropriate capitalization treatment.
• Aid in periodic reviews of capitalized labor activity to ensure compliance with accounting guidance.
• Support monthly, quarterly, and annual reporting related to operating expenses and capitalization activities.
• Maintain documentation to support internal controls and audit requests.
• Follow established accounting policies and procedures, escalating issues or questions as appropriate.
• Contribute to process improvements related to operating expense and capitalization accounting.

Key Responsibilities

• Operate Expense Accounting: Assist with month-end close activities related to operating expenses, including journal entries, accruals, and prepaid expense amortization.
• Capitalization & Capitalized Labor: Apply established US GAAP capitalization criteria to determine proper treatment of labor-related and other eligible costs. Support capitalized labor processes, including eligibility reviews, time-tracking data validation, and allocation calculations. Prepare capitalized labor journal entries and supporting schedules. Coordinate with HR, payroll, IT, and operational teams to ensure accurate labor data and appropriate capitalization treatment. Assist with periodic reviews of capitalized labor activity to ensure compliance with accounting guidance.
• Reporting, Controls & Compliance: Support monthly, quarterly, and annual reporting related to operating expenses and capitalization activities. Maintain documentation to support internal controls and audit requests. Follow established accounting policies and procedures, escalating issues or questions as appropriate. Contribute to process improvements related to operating expense and capitalization accounting.

What We Look For

• Bachelor’s degree in Accounting or Finance.
• 2–4 years of accounting experience, preferably with exposure to operating expense accounting.
• Working knowledge of US GAAP, including capitalization and expense recognition concepts.
• Experience working within an ERP environment (i.e. NetSuite, Oracle, SAP, Workday).
• Proficient Excel skills and strong analytical capabilities with a detail-oriented mindset.
• Effective written and verbal communication skills and cross-functional collaboration.
• Ability to work independently while collaborating within a team environment.
• Familiarity with internal controls and audit support.
• Experience supporting or executing capitalized labor processes.

Requirements

• Required: Bachelor’s degree in Accounting or Finance.
• Required: 2–4 years of accounting experience, preferably with exposure to operating expense accounting.
• Required: Working knowledge of US GAAP, including capitalization and expense recognition concepts.
• Preferred: Experience in communications, technology, or capital-intensive industries.
• Preferred: Familiarity with internal controls and audit support.
• Preferred: Experience supporting or executing capitalized labor processes.

Pay

This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Individual pay is based on skills, experience, and other relevant factors.

Benefits

Forged Fiber offers a comprehensive package featuring a broad range of Health, Life, Voluntary Lifestyle benefits and other perks that enhance your physical, mental, emotional, and financial wellbeing.

Next Steps

If you are selected for a position, there will be a background screen, which may include checks for criminal records and/or motor vehicle reports and/or drug screening, depending on the position requirements. Forged Fiber participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the United States. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9.

Equal Employment Opportunity

We do not tolerate unlawful discrimination in any employment decisions, including recruiting, hiring, compensation, promotion, benefits, discipline, termination, job assignments or training. In addition, Forged Fiber will provide reasonable accommodations for qualified individuals with disabilities, and is a fair change employer and does not initiate a background check until after an offer is made.