Jobs · Virginia

Fixed Asset Analyst III

Chesapeake Utilities Corporation · Virginia, United States · 2 days ago
HybridFull-time

The Fixed Asset Analyst, III plays a crucial role in maintaining the integrity of the Company's fixed asset records and supporting various accounting, reporting, and compliance activities. Key responsibilities include:

  1. Maintain fixed asset records including additions, transfers, retirements, and disposals.
  2. Calculate and review monthly depreciation.
  3. Prepare fixed asset journal entries.
  4. Perform monthly fixed asset and accumulated depreciation reconciliations.
  5. Ensure accurate classification of capital versus operating expenditures.
  6. CIP review and monitoring, including determining when assets should be placed into service.
  7. Support CIP account cleanup activities and track project costs.
  8. Coordinate capitalization of completed projects and assist with property tax support.

Additionally, this role supports month-end, quarter-end, and year-end closing activities, prepares account reconciliations and supporting schedules, and assists with internal and external audit requests. It also involves:

  • Serving as a liaison between Accounting, Operations, Engineering, Project Managers, and other business partners.
  • Preparing fixed asset roll-forward schedules and analyzing capital spending trends and depreciation activity.
  • Supporting management reporting and special projects.

Qualifications include:

  • A high school diploma or GED.
  • A bachelor’s degree in business or a related field.
  • Seven (7) years of experience in fixed asset accounting, project accounting, utility accounting, accounting operations, or construction accounting.
  • Proven experience leading large scale, highly complex, multidisciplinary teams and external partners in a complex project environment.
  • Demonstrated experience engaging executive-level stakeholders and making decisions with significant operational, financial, and strategic impact.
  • Experience serving in a senior leadership role responsible for the delivery of large-scale infrastructure, energy, utility, transportation, or industrial projects.
  • Experience supporting SOX compliance.
  • Utility industry experience preferred.
  • Advanced Microsoft Excel proficiency.
  • Knowledge of fixed asset accounting, depreciation, capitalization, and Construction in Progress (CIP) accounting.
  • Knowledge of GAAP, SOX controls, and accounting policies related to capital assets.
  • Skills in account reconciliations, journal entries, and month-end close activities.
  • Ability to analyze fixed asset transactions, depreciation activity, and capital spending trends.
  • Proficiency in Microsoft Excel and ERP/accounting systems, including fixed asset management applications.
  • Ability to maintain accurate fixed asset records and ensure data integrity across systems.
  • Ability to identify, investigate, and resolve accounting and inventory discrepancies.
  • Ability to support audits, regulatory reporting, property tax filings, and compliance requirements.

Benefits include:

  • Flexible work arrangement.
  • Competitive base salary.
  • Opportunities for career growth.
  • A cooperative, supportive, and empowered team atmosphere.
  • Annual bonus and salary increase opportunities.
  • Robust and customizable benefit packages.
  • Paid time off, holidays, and a separate bank of sick time.

Chesapeake Utilities Corporation is an equal opportunity employer committed to creating a diverse workforce. Applicants with a disability that need assistance applying for a position may email careers@chpk.com.

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