ProspectBlue Hiring for Fixed Asset Accountant Job at Richmond, VA Full Time

ProspectBlue has partnered with a local Richmond company looking to add an experienced Fixed Asset Accountant to their growing and successful team.

The Fixed Asset Accountant will be accountable for recording the cost of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation, and accounting for the disposition of fixed assets.

Principal Responsibilities

• Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.

• Recommend to management any updates to accounting policies related to fixed assets.

• Assign tag numbers to fixed assets.

• Record fixed asset acquisitions and dispositions in the accounting system.

• Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.

• Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.

• Calculate depreciation for all fixed assets.

• Review and update the detailed schedule of fixed assets and accumulated depreciation.

• Calculate asset retirement obligations for those fixed assets to which AROs are applicable.

• Investigate the potential obsolescence of fixed assets.

• Conduct periodic impairment reviews for intangible assets.

• Conduct periodic physical counts of fixed assets.

• Recommend to management whether fixed assets should be disposed of.

• Conduct analyses related to fixed assets as requested by management.

• Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.

• Prepare property tax returns.

• Represent the company during any audits by a government that involve fixed assets.

• Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.

Desired Qualifications

• 3+ years of fixed asset accounting experience.
• Bachelor’s degree in accounting.

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