Fixed Assets Senior Accountant

Job Title: Fixed Assets Senior Accountant


Job Summary:
The Fixed Assets Senior Accountant will be responsible for managing all aspects of fixed assets, with a particular focus on intangible assets capitalization. This includes overseeing the capitalization process for both tangible and intangible assets, ensuring compliance with relevant accounting standards, and leading month-end close activities. The ideal candidate will have in-depth knowledge of intangibles capitalization rules, experience managing asset development costs, and strong audit management skills.

Key Responsibilities:
Intangibles Capitalization Development Process
o Oversee the capitalization process for intangible assets, ensuring compliance with accounting standards for software development and other capitalized projects.
o Evaluate and apply capitalization criteria to research and development costs, software, patents, trademarks, and other intangible assets.
o Maintain accurate records of intangible and tangible asset projects, working closely with project managers to track asset development costs and ensure timely capitalization.
Month-End Close Reconciliation
o Manage month-end close activities related to fixed and intangible assets, including preparing journal entries, calculating amortization, and posting adjustments.
o Reconcile fixed asset accounts, ensuring the accuracy of the fixed asset register and timely resolution of variances.
o Assist in preparing monthly, quarterly, and annual financial statements related to fixed and intangible assets.
Audit Compliance Management
o Act as the primary contact for internal and external auditors regarding fixed and intangible asset audits.
o Prepare audit documentation and address auditor inquiries, ensuring clarity and accuracy in asset records and policies.
o Resolve any audit findings and update documentation, or procedures as required, ensuring full compliance with IFRS or GAAP standards.
Policy Compliance Process Improvement
o Ensure adherence to company policies, procedures, and accounting standards (e.g., IFRS, GAAP) related to intangible asset capitalization and fixed assets.
o Maintain and document internal controls over intangible asset management, reviewing policies for asset capitalization, impairment, and useful life determination.
o Identify and implement improvements in the asset capitalization and tracking processes to enhance efficiency and compliance.
Reporting Analysis
o Prepare roll-forward schedules, amortization expense analyses, and detailed reports for management related to fixed and intangible assets.
o Provide insights and variance analysis on fixed and intangible assets, contributing to strategic planning and capital investment decisions.
o Assist in budgeting and forecasting related to capital expenditures, ensuring alignment with business needs.


Qualifications Requirements:
Bachelor s degree in accounting, Finance, or a related field; CPA, ACCA, or equivalent certification preferred.
5+ years of experience in fixed asset and intangible asset accounting, with a strong understanding of intangible asset capitalization.
Knowledge of IFRS, GAAP, and other relevant accounting standards for intangible assets, including software capitalization.
Proficiency in ERP systems (e.g., SAP, NetSuite, Oracle) and fixed asset modules.
Experience with month-end close and audit coordination, especially with a focus on intangible assets.
Excellent attention to detail, analytical, and problem-solving skills.


Key Competencies:
Technical Knowledge in Fixed and Intangible Asset Capitalization
Compliance Audit Management
Strong Analytical Problem-Solving Skills
Process Improvement Mindset
Effective Communication Collaboration
Attention to Detail Accuracy