Senior Accountant, Fixed Assets
Discovery Senior Living · Dallas, TX · 1 mo ago
AccountingFull-time
We need to output HTML fragment with headings for sections: About the role? Actually we have Position Summary, Essential Duties And Responsibilities, Qualifications, etc. We need to map to allowed headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Use only those headings when content exists. We must not repeat job title. No Job ID. Remove boilerplate like EEO, etc. Also remove duplicated lines. Must preserve all substantive info.
We need to decide sections: About the role (position summary). Responsibilities (essential duties). Qualifications (education and experience, maybe also skills). Skills (maybe advanced Excel, Yardi, GAAP). Benefits? Not mentioned. Pay? Not mentioned. Schedule? There's remote & hybrid work details: start remote then transition to onsite work in Dallas three days per week (but later Qualifications says five days per week). There's contradictory: In Position Summary: Remote & Hybrid Work: start remote then transition to onsite work in Dallas three days per week. In Qualifications: Remote & Onsite Work: start remote then transition to onsite work in Dallas five days per week. Both are substantive; we need to preserve both? Might need to include schedule info. Since schedule is a heading allowed, we can put schedule details there. But we also have remote/hybrid work details maybe under About the role or Responsibilities? Better to put schedule under Schedule heading.
Benefits: none mentioned, so omit.
Pay: none mentioned, omit.
Skills: we can list advanced Excel, Yardi 8, GAAP knowledge, etc.
Qualifications: education, experience, etc.
We need to avoid filler like "commensurate with experience". Not present.
We need to ensure we don't create sections with placeholder text.
Let's extract substantive content:
Position Summary: "The Senior Accountant, Fixed Assets is responsible for managing the full fixed asset lifecycle across Discovery Senior Living's portfolio of approximately 450 senior living communities in 40+ states. Reporting to the Shared Services Controller, this role maintains the integrity of the fixed asset subledger, oversees capitalization and depreciation processes, and ensures that all asset additions, disposals, and transfers are recorded accurately and in compliance with GAAP and DSL accounting policy. The role utilizes Yardi 8 as the primary fixed asset and accounting platform along with Excel for analysis and reconciliation."
Remote & Hybrid Work (in Position Summary): "The position will start remote but then transition to onsite work in Dallas three days per week, working alongside the accounting and asset management teams with regular exposure to senior leadership."
Essential Duties And Responsibilities: list bullet points:
- Fixed Asset Subledger Management: maintain and reconcile fixed asset subledger within Yardi 8 for all DSL entities and community properties. Record asset additions, disposals, transfers, write-offs, impairments accurately and timely. Ensure asset classification, useful life assignments, depreciation methods applied consistently per GAAP and DSL capitalization policy. Reconcile fixed asset subledger to general ledger monthly; investigate and resolve variances.
- Capitalization and Depreciation: Review capital expenditure requests and supporting documentation to determine appropriate capitalization versus expense treatment. Record and monitor construction-in-progress (CIP) accounts; ensure timely transfer to placed-in-service assets upon project completion. Prepare and post monthly depreciation journal entries across all DSL entities in Yardi 8. Maintain documentation of DSL's capitalization policy and ensure consistent application across approx 450 communities.
- Acquisitions, Dispositions, and Transfers: Record fixed asset activity related to new community acquisitions, management agreement transitions, portfolio dispositions. Coordinate fixed asset transfer entries for communities changing management structure or entity affiliation. Prepare asset disposition schedules, calculate gains and losses on disposals, ensure proper GAAP treatment.
- Reporting and Audit Support: Prepare fixed asset rollforward schedules, depreciation schedules, reconciliation workpapers for financial close and audit. Support annual audit and tax depreciation processes by providing fixed asset detail and responding to auditor and tax advisor inquiries. Produce fixed asset reporting for management, ownership groups, lender reporting requirements.
- Process Improvement and Systems: Leverage Yardi 8 fixed asset modules and Excel to develop efficient, scalable reconciliation and reporting tools. Identify opportunities to streamline capitalization workflows and reduce manual effort as portfolio grows. Partner with Director, Financial Systems on Yardi 8 fixed asset module configuration, data integrity, enhancement priorities.
- Supervisory Responsibilities: This position is an individual contributor role with no direct reports. The Senior Accountant may provide functional guidance to junior accounting staff, community-level accounting personnel, or cross-functional teams as assigned.
Qualifications: includes Remote & Onsite Work (again): "The position will start remote but then transition to onsite work in Dallas five days per week, working alongside the accounting and asset management teams with regular exposure to senior leadership."
Education And Experience: Bachelor's degree in Accounting or related field required. Minimum of 3-5 years of progressive accounting experience; experience in fixed asset accounting, capital project accounting, or property accounting in a multi-entity real estate or operations environment strongly preferred. Experience with Yardi 8 fixed asset modules or a comparable real estate/property accounting platform required. Advanced Microsoft Excel skills, including fixed asset rollforward models, pivot tables, and multi-entity reconciliations. Strong knowledge of GAAP capitalization standards, depreciation methods, and ASC 360 (Property, Plant & Equipment).
ENVIRONMENTAL ADAPTABILITY: Works primarily indoors in a climate-controlled office setting. May participate in meetings across multiple locations and time zones. Occasional travel to community sites or regional offices may be required. Ability to work at a computer for extended periods of time. Frequently required to use hands, reach with hands and arms, and talk or hear. The Team Member must regularly lift and/or move up to 25 pounds.
Physical Requirements: same as above? Actually ENVIRONMENTAL ADAPTABILITY includes physical demands. Then "Physical Requirements" repeats similar. We can combine.
EEO boilerplate: remove.
JOB CODE: remove.
We need to avoid duplication: Remote & Hybrid Work vs Remote & Onsite Work contradictory (3 days vs 5 days). Both are substantive; we could note both? Perhaps we can mention that the role starts remote and transitions to onsite in Dallas, with schedule of 3 days per week (per Position Summary) and also note that qualifications state 5 days per week. Might be confusing but we must preserve all info. Could combine: "The position will start remote and transition to onsite work in Dallas; the role expects 3 days per week onsite (per position summary) while qualifications note 5 days per week." But that's interpretation. Better to keep both statements as separate sentences under Schedule heading.
We need to decide headings: About the role (position summary + maybe remote hybrid). Responsibilities (essential duties). Qualifications (education/experience). Skills (maybe advanced Excel, Yardi, GAAP). Schedule (remote/onsite details). Could also include Environmental Adaptability under Responsibilities? But we have no heading for that; we could put under Responsibilities as part of duties? It's not a duty but work environment. Could put under About the role? Might be okay to include under About the role as additional context. But we have limited headings; we can put under About the role.
We must not create headings with filler. So we will produce:
. We'll need to break down each bullet.
Let's list:
- Maintain and reconcile the fixed asset subledger within Yardi 8 for all DSL entities and community properties
for sections: About the role? Actually we have Position Summary, Essential Duties And Responsibilities, Qualifications, etc. We need to map to allowed headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Use only those headings when content exists. We must not repeat job title. No Job ID. Remove boilerplate like EEO, etc. Also remove duplicated lines. Must preserve all substantive info.
We need to decide sections: About the role (position summary). Responsibilities (essential duties). Qualifications (education and experience, maybe also skills). Skills (maybe advanced Excel, Yardi, GAAP). Benefits? Not mentioned. Pay? Not mentioned. Schedule? There's remote & hybrid work details: start remote then transition to onsite work in Dallas three days per week (but later Qualifications says five days per week). There's contradictory: In Position Summary: Remote & Hybrid Work: start remote then transition to onsite work in Dallas three days per week. In Qualifications: Remote & Onsite Work: start remote then transition to onsite work in Dallas five days per week. Both are substantive; we need to preserve both? Might need to include schedule info. Since schedule is a heading allowed, we can put schedule details there. But we also have remote/hybrid work details maybe under About the role or Responsibilities? Better to put schedule under Schedule heading.
Benefits: none mentioned, so omit.
Pay: none mentioned, omit.
Skills: we can list advanced Excel, Yardi 8, GAAP knowledge, etc.
Qualifications: education, experience, etc.
We need to avoid filler like "commensurate with experience". Not present.
We need to ensure we don't create sections with placeholder text.
Let's extract substantive content:
Position Summary: "The Senior Accountant, Fixed Assets is responsible for managing the full fixed asset lifecycle across Discovery Senior Living's portfolio of approximately 450 senior living communities in 40+ states. Reporting to the Shared Services Controller, this role maintains the integrity of the fixed asset subledger, oversees capitalization and depreciation processes, and ensures that all asset additions, disposals, and transfers are recorded accurately and in compliance with GAAP and DSL accounting policy. The role utilizes Yardi 8 as the primary fixed asset and accounting platform along with Excel for analysis and reconciliation."
Remote & Hybrid Work (in Position Summary): "The position will start remote but then transition to onsite work in Dallas three days per week, working alongside the accounting and asset management teams with regular exposure to senior leadership."
Essential Duties And Responsibilities: list bullet points:
- Fixed Asset Subledger Management: maintain and reconcile fixed asset subledger within Yardi 8 for all DSL entities and community properties. Record asset additions, disposals, transfers, write-offs, impairments accurately and timely. Ensure asset classification, useful life assignments, depreciation methods applied consistently per GAAP and DSL capitalization policy. Reconcile fixed asset subledger to general ledger monthly; investigate and resolve variances.
- Capitalization and Depreciation: Review capital expenditure requests and supporting documentation to determine appropriate capitalization versus expense treatment. Record and monitor construction-in-progress (CIP) accounts; ensure timely transfer to placed-in-service assets upon project completion. Prepare and post monthly depreciation journal entries across all DSL entities in Yardi 8. Maintain documentation of DSL's capitalization policy and ensure consistent application across approx 450 communities.
- Acquisitions, Dispositions, and Transfers: Record fixed asset activity related to new community acquisitions, management agreement transitions, portfolio dispositions. Coordinate fixed asset transfer entries for communities changing management structure or entity affiliation. Prepare asset disposition schedules, calculate gains and losses on disposals, ensure proper GAAP treatment.
- Reporting and Audit Support: Prepare fixed asset rollforward schedules, depreciation schedules, reconciliation workpapers for financial close and audit. Support annual audit and tax depreciation processes by providing fixed asset detail and responding to auditor and tax advisor inquiries. Produce fixed asset reporting for management, ownership groups, lender reporting requirements.
- Process Improvement and Systems: Leverage Yardi 8 fixed asset modules and Excel to develop efficient, scalable reconciliation and reporting tools. Identify opportunities to streamline capitalization workflows and reduce manual effort as portfolio grows. Partner with Director, Financial Systems on Yardi 8 fixed asset module configuration, data integrity, enhancement priorities.
- Supervisory Responsibilities: This position is an individual contributor role with no direct reports. The Senior Accountant may provide functional guidance to junior accounting staff, community-level accounting personnel, or cross-functional teams as assigned.
Qualifications: includes Remote & Onsite Work (again): "The position will start remote but then transition to onsite work in Dallas five days per week, working alongside the accounting and asset management teams with regular exposure to senior leadership."
Education And Experience: Bachelor's degree in Accounting or related field required. Minimum of 3-5 years of progressive accounting experience; experience in fixed asset accounting, capital project accounting, or property accounting in a multi-entity real estate or operations environment strongly preferred. Experience with Yardi 8 fixed asset modules or a comparable real estate/property accounting platform required. Advanced Microsoft Excel skills, including fixed asset rollforward models, pivot tables, and multi-entity reconciliations. Strong knowledge of GAAP capitalization standards, depreciation methods, and ASC 360 (Property, Plant & Equipment).
ENVIRONMENTAL ADAPTABILITY: Works primarily indoors in a climate-controlled office setting. May participate in meetings across multiple locations and time zones. Occasional travel to community sites or regional offices may be required. Ability to work at a computer for extended periods of time. Frequently required to use hands, reach with hands and arms, and talk or hear. The Team Member must regularly lift and/or move up to 25 pounds.
Physical Requirements: same as above? Actually ENVIRONMENTAL ADAPTABILITY includes physical demands. Then "Physical Requirements" repeats similar. We can combine.
EEO boilerplate: remove.
JOB CODE: remove.
We need to avoid duplication: Remote & Hybrid Work vs Remote & Onsite Work contradictory (3 days vs 5 days). Both are substantive; we could note both? Perhaps we can mention that the role starts remote and transitions to onsite in Dallas, with schedule of 3 days per week (per Position Summary) and also note that qualifications state 5 days per week. Might be confusing but we must preserve all info. Could combine: "The position will start remote and transition to onsite work in Dallas; the role expects 3 days per week onsite (per position summary) while qualifications note 5 days per week." But that's interpretation. Better to keep both statements as separate sentences under Schedule heading.
We need to decide headings: About the role (position summary + maybe remote hybrid). Responsibilities (essential duties). Qualifications (education/experience). Skills (maybe advanced Excel, Yardi, GAAP). Schedule (remote/onsite details). Could also include Environmental Adaptability under Responsibilities? But we have no heading for that; we could put under Responsibilities as part of duties? It's not a duty but work environment. Could put under About the role? Might be okay to include under About the role as additional context. But we have limited headings; we can put under About the role.
We must not create headings with filler. So we will produce:
About the role
Position summary text + remote hybrid work note + environmental adaptability maybe.
Responsibilities
- ... each duty as li
Qualifications
Education and experience text.
Skills
- Advanced Microsoft Excel skills...
- Experience with Yardi 8 fixed asset modules...
- Strong knowledge of GAAP capitalization standards, depreciation methods, and ASC 360...
Schedule
Remote & Hybrid Work: The position will start remote but then transition to onsite work in Dallas three days per week, working alongside the accounting and asset management teams with regular exposure to senior leadership. Remote & Onsite Work: The position will start remote but then transition to onsite work in Dallas five days per week, working alongside the accounting and asset management teams with regular exposure to senior leadership.
We must ensure we didn't include boilerplate like "Reasonable accommodations may be made..." That's in Qualifications and Environmental Adaptability; we should keep? It's part of qualifications but it's boilerplate EEO? Actually it's about reasonable accommodations; it's not EEO but still generic. The instruction: Remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate. Reasonable accommodations statements might be considered legal boilerplate. Might be safer to remove them. The Qualifications section includes: "Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions." That's likely boilerplate. Also ENVIRONMENTAL ADAPTABILITY includes similar. We could keep the substantive parts (work environment, travel, physical demands) but remove the reasonable accommodations sentence. Let's see. In Qualifications after Education And Experience there is a paragraph: "Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions." That's boilerplate; remove. In ENVIRONMENTAL ADAPTABILITY: "Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions." Also boilerplate; remove. Also "The employer is an Equal Opportunity Employer. In compliance with the Americans with Disabilities Act, the employer will provide reasonable accommodations to qualified individuals with disabilities and encourages prospective Team Members and incumbents to discuss potential accommodations with the employer." That's EEO boilerplate; remove. Thus we keep only substantive: Works primarily indoors... Occasional travel... Ability to work at a computer... Frequently required to use hands... The Team Member must regularly lift and/or move up to 25 pounds. We can include that under About the role or Responsibilities? Probably under About the role as work environment. Now we need to ensure we didn't miss any substantive info: The role utilizes Yardi 8 as primary fixed asset and accounting platform along with Excel for analysis and reconciliation. Already captured in Skills. Also "Maintain documentation of DSL's capitalization policy and ensure consistent application across approximately 450 communities." included. Now produce HTML. Check for duplicate lines: we have remote/hybrid and remote/onsite both; we keep both. Make sure not to include headings with empty content. Let's craft. About the role paragraph: combine position summary, remote hybrid work note, and environmental adaptability. Position Summary: "The Senior Accountant, Fixed Assets is responsible for managing the full fixed asset lifecycle across Discovery Senior Living's portfolio of approximately 450 senior living communities in 40+ states. Reporting to the Shared Services Controller, this role maintains the integrity of the fixed asset subledger, oversees capitalization and depreciation processes, and ensures that all asset additions, disposals, and transfers are recorded accurately and in compliance with GAAP and DSL accounting policy. The role utilizes Yardi 8 as the primary fixed asset and accounting platform along with Excel for analysis and reconciliation." Remote & Hybrid Work: "The position will start remote but then transition to onsite work in Dallas three days per week, working alongside the accounting and asset management teams with regular exposure to senior leadership." Environmental adaptability: "Works primarily indoors in a climate-controlled office setting. May participate in meetings across multiple locations and time zones. Occasional travel to community sites or regional offices may be required. Ability to work at a computer for extended periods of time. Frequently required to use hands, reach with hands and arms, and talk or hear. The Team Member must regularly lift and/or move up to 25 pounds." Combine into onemaybe with sentences. Responsibilities: list each duty as