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ImageFIRST · 1 day ago

Fixed Asset Accountant

King of Prussia, PA

Full-time

Onsite

Senior Level

5+ years exp

ImageFIRST is a leading healthcare services organization that has undergone rapid growth in its transformation as the largest national healthcare linen rental and laundry services provider. They are seeking an experienced Fixed Assets Accountant to manage the lifecycle of fixed assets and collaborate with various teams to ensure compliance with accounting standards and company policies.

ApparelHealth CareHospital

Responsibilities

Manage the lifecycle of fixed assets from acquisition to disposal

Maintain the fixed asset ledger by location in Oracle, including additions, retirements and depreciation

Monitor purchase orders in Oracle and match invoices submitted to the proper project

Ensuring accurate capex and depreciation expense calculations by US GAAP and company policies

Ensuring the accuracy of fixed asset subledgers and their reconciliation with the general ledger

Work closely with the engineering and IT teams to properly record fixed assets in a timely and accurate way when they are brought into service

Develop and maintain reporting to track actual, committed, and future costs for all capex projects

Proficient in the project management (PMO) process and procedures to manage projects effectively within the organization, including project initiation, planning, execution, monitoring, and closure, ensuring consistency and efficiency across all projects

Manage and report financial transactions related to leases, ensuring compliance with accounting standards, and providing accurate financial reporting

Analyze lease agreements, track payments, prepare journal entries, and reconcile accounts

Proficient with lease remeasurements and journal entry resets for applicable leases in accordance with ASC 842

Provide necessary documentation and analysis to support external annual audits of fixed assets and ASC 842 Lease Accounting

Draft fixed asset and ASC 842 footnote disclosures for the year-end audit

Track and analyze capital expenditures for budgeting and forecasting for financial planning

Prepare and record journal entries, prepare balance sheet reconciliations, analyze information for fixed assets, capex and ASC 842, and other special projects as assigned

Prepare relevant capex and ASC 842 board slides, quarterly analysis, and ad hoc analysis

Manage regular meetings with the engineering and IT teams to obtain the proper information needed to perform the responsibilities of this position

Provide relevant information to the tax consultant for proper tax reporting

Generate monthly financial reports and reconciliations accurately and timely manner

Work with engineering to close out projects upon completion and identify asset(s) and their associated costs to be transferred from CIP (Construction-In-Process) to Fixed Assets

Identify and calculate the value of assets with the assistance of engineering for acquisitions

Month-end procedures and reporting requirements related to fixed assets and capitalized costs, including the generation of reports and the preparation and posting of journal entries

Ad hoc reporting and analysis as required

Qualification

Fixed Assets AccountingASC 842 Lease AccountingOracleLeaseHarbor SoftwareUS GAAPMicrosoft ExcelAnalytical SkillsCommunication SkillsOrganizational SkillsProblem-Solving Skills