Fixed Asset Specialist

About the role

This role involves maintaining accurate records of fixed assets, including acquisitions, disposals, transfers, and depreciations, and ensuring assets are correctly classified and coded through regular reviews and reconciliation with general ledger accounts.

Key responsibilities

• Maintain accurate records of fixed assets, including acquisitions, disposals, transfers, and depreciations
• Prepare monthly lapsing schedule
• Perform regular reviews to ensure assets are correctly classified and coded
• Reconcile fixed asset balances to general ledger accounts and resolve discrepancies
• Coordinate physical asset verifications and update records accordingly
• Analyse and explain variations between expected and actual depreciation expense
• Assist with monthly/quarterly/annual variance analysis related to fixed assets
• Contribute to the preparation of financial statements by preparing and posting journal entries
• Collaborate with auditors during internal and external audits
• Identify opportunities to enhance fixed asset accounting processes and recommend improvements

About you

• Bachelor's degree in Accounting, Finance, or related field
• Minimum of 2 years of experience with fixed asset accounting is preferred
• Strong understanding of Generally Accepted Accounting Principles (GAAP)
• Proficiency in accounting software and Microsoft Excel
• Detail-oriented with strong analytical and problem-solving skills
• Ability to work independently and collaboratively in a team environment