Fixed Asset Accountant

About the role

The Fixed Asset Accountant is a critical role in the Finance department with a company-wide interface. This role supports business objectives of the company by partnering with management and Operations on all capital project initiatives. The position will manage all aspects of the fixed asset accounting and reporting including the tracking, management and capitalization of construction in progress (CIP) assets.

Responsibilities

• Accounts for company fixed assets, including tracking of capital projects and coordination with project managers, review & approval of capital projects with assessment of capital/expense determination, and monitoring adherence to capital expenditure policies.
• Review asset purchases, facilities, and repairs/maintenance expenditures for proper accounting classification.
• Complete month-end closing activities, including system closing and capitalization of capital projects, asset additions/retirements/gain or loss on sale, posting of depreciation expense, and compilation and issuance of monthly fixed asset reporting to management.
• Support monthly closing process for general accounting, including journal entries and various account reconciliations, including capital deposits.
• Manage/coordinate periodic fixed asset physical counts, including documentation, reporting, and retirement tracking and approval.
• Manage/coordinate quarterly impairment of assets review and assessment including documentation, reporting and accounting.
• Produces fixed asset book and tax depreciation expense reporting on a periodic basis.
• Plays key role upgrading/management of the Sage Fixed Assets module.
• Plays key role upgrading/management of the Workplace ereq system, determine sales tax on various purchases.
• Completes other accounting projects and tasks as assigned.

Requirements

• Bachelor’s Degree in Accounting, Finance or equivalent, CPA exam eligible.
• 5+ years of accounting experience for fixed assets, including capital project tracking in a manufacturing environment/industry.
• Experience with industry leader financial and manufacturing applications, with an understanding of “best practice” systems.
• Experience with Sage Fixed Assets and Microsoft Dynamics Great Plains Fixed Asset Modules considered a plus.
• Strong working knowledge of GAAP rules.
• Intermediate-level Microsoft Excel user required.

Qualifications

*Please note that this position may require U.S. Citizenship or Permanent Residency status in the future depending on federal requirements*

What We Offer

• Salary: The estimated base salary range for the position is $95,000-$110,000. The pay offered is based on many factors including, but not limited to, relevant education, job-related experience, skills and level of the position.
• Benefits & Other Eligible Compensation: Includes health, dental, vision, disability and life insurance, 401(k) plan with company match, paid time off, annual bonus, and tuition reimbursement.

About Minneapolis/St. Paul Area

Our offices and manufacturing facility are located in Bloomington, Minnesota, a suburb of Minneapolis. Living in the Minneapolis / Saint Paul area offers a strong sense of community, a vibrant arts and music scene, and abundant outdoor activities year-round. The city boasts a lower cost of living than many major metros, excellent parks and lakes, and a well-educated workforce with diverse job opportunities. Its distinct seasons bring variety, from colorful autumns to lively summers filled with festivals and waterfront activities.