Sr Accountant-Fixed Assets

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges.

About the role

Xylem is seeking a highly motivated Senior Accountant – Fixed Assets to manage and support the accounting, reporting, and control of the company’s global Property, Plant & Equipment (PP&E) portfolio. In this role, you will oversee the full fixed asset lifecycle, including capital project accounting, construction-in-progress (CIP), asset capitalization, depreciation, transfers, disposals, reconciliations, and financial reporting. This is a hybrid position based in our Charlotte, NC office.

Responsibilities

• Manage the full lifecycle of fixed assets, including acquisitions, CIP accounting, capitalization, depreciation, transfers, impairments, and asset retirements.
• Review capital expenditures and ensure compliance with Xylem capitalization policies and accounting guidance.
• Maintain asset master data and ensure appropriate asset classifications, useful lives, and depreciation methods.
• Prepare and post journal entries related to fixed assets, depreciation, and capital projects.
• Analyze monthly depreciation expense and investigate significant fluctuations.
• Support month-end, quarter-end, and year-end close activities across multiple business units.
• Prepare fixed asset roll-forwards and supporting schedules for management and audits.
• Prepare and certify monthly balance sheet reconciliations for PP&E, accumulated depreciation, and related accounts using OneStream.
• Investigate and resolve reconciling items timely and accurately.
• Assist with fixed asset audits and internal control reviews.
• Identify opportunities to improve processes, standardize reporting, and automate manual activities.
• Collaborate with finance teams, operational leaders, and project owners across multiple business segments and legal entities.

Requirements

• A bachelor’s degree in Finance, Accounting, or a related field or equivalent work experience.
• 2-4 years of accounting experience, preferably in fixed assets.
• Experience preparing and analyzing balance sheet reconciliations.
• Understanding of US GAAP and fixed asset accounting concepts.
• Advanced Microsoft Excel skills.
• Strong analytical, organizational, and problem-solving skills.
• Ability to manage competing priorities and meet deadlines in a fast-paced environment.

Skills

• Experience with SAP, Oracle, OneStream, Blackline a plus.
• Process improvement and continuous learning orientation.

Pay

The estimated salary range for this position is $85,000 to $110,000 plus bonus. Starting pay is dependent on multiple factors, such as skills, experience and work location, and is not typically at the top of the range.

Benefits

• Medical, dental, and vision insurance from day one.
• 401(k) with company contribution.
• Paid time off (PTO), flexible time off (FTO), and paid holidays.
• Paid parental leave, maternity support, and fertility benefits.
• Tuition reimbursement and student loan forgiveness.
• Emotional health and wellness programs.
• Volunteer program (Watermark).
• Career development and advancement opportunities.
• Employee recognition and discount programs.
• Flexibility and hybrid work options where applicable.