Accounting

Fixed Asset Manager

Looking to hire your next Fixed Asset Manager? Here’s a full job description template to use as a guide.

About Vintti

Vintti is a strategic staffing agency that enhances the competitiveness of US businesses. By connecting SMBs, startups, and firms with highly skilled Latin American professionals, we offer a cost-effective solution to talent acquisition. Our model allows companies to access top-tier expertise at rates that significantly reduce overhead costs, enabling businesses to allocate resources more efficiently and boost their bottom line.

Description

A Fixed Asset Manager is responsible for overseeing an organization's fixed assets, ensuring accurate record-keeping, compliance, and optimal utilization. This role entails managing the acquisition, tracking, depreciation, and disposal of assets, while also conducting regular audits and reconciliations. By implementing effective asset management strategies, the Fixed Asset Manager helps maximize the value and lifespan of physical assets, supporting the company's financial health and operational efficiency. This position often collaborates with finance, procurement, and operations teams to maintain precise asset documentation and reporting.

Requirements

- Bachelor's degree in Accounting, Finance, Business Administration, or related field
- CPA or CMA certification is a plus
- Minimum of 5 years of experience in fixed asset accounting or management
- Strong knowledge of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
- Proficiency in accounting software and fixed asset management systems
- Advanced Excel skills and experience with data analysis tools
- Excellent organizational and time management skills
- Strong analytical and problem-solving abilities
- Attention to detail and high level of accuracy
- Effective communication and interpersonal skills
- Ability to work collaboratively with cross-functional teams
- Experience with physical asset inventory and reconciliation processes
- Familiarity with asset valuation and depreciation methods
- Understanding of lease accounting and management practices
- Ability to manage multiple priorities and meet deadlines
- Strong project management skills
- Experience in preparing and presenting financial reports to management
- Knowledge of internal and external audit procedures
- Ability to develop and implement process improvements
- Experience in providing training and support to staff on fixed asset management
- Strong vendor management and negotiation skills

Responsabilities

- Oversee and manage fixed asset accounting processes and procedures
- Maintain and update the fixed asset register
- Coordinate and execute physical asset inventories and reconciliations
- Record and monitor asset acquisitions, transfers, and disposals
- Ensure compliance with financial regulations and accounting standards
- Perform asset valuations and depreciation calculations
- Review and analyze fixed asset financial statements and reports
- Prepare and present fixed asset reports for management and stakeholders
- Support budgeting and forecasting activities for fixed assets
- Collaborate with departments on capital expenditure planning and budgeting
- Coordinate with IT and administrative staff for proper asset tagging and tracking
- Handle internal and external audit requests regarding fixed assets
- Investigate and resolve discrepancies in fixed asset management
- Develop and implement fixed asset management process improvements
- Provide training and support for staff on fixed asset management
- Ensure accurate recording of asset acquisition, capitalization, and depreciation
- Administer and manage lease accounting and leased asset records
- Monitor asset life cycles and recommend replacements or upgrades
- Manage vendor relationships and negotiate terms for asset purchases and leases
- Maintain documentation and records of fixed asset management policies and procedures

Ideal Candidate

The ideal candidate for the Fixed Asset Manager role is a meticulous and detail-oriented professional with a minimum of 5 years of experience in fixed asset accounting or management, holding a Bachelor's degree in Accounting, Finance, Business Administration, or a related field. A CPA or CMA certification would be advantageous. This individual possesses a robust understanding of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), coupled with proficiency in accounting software and fixed asset management systems. With advanced Excel skills and experience in data analysis, they demonstrate exceptional analytical and problem-solving abilities, ensuring high levels of accuracy and attention to detail. The candidate excels in effective communication and interpersonal skills, enabling them to work collaboratively across departments and with cross-functional teams. Experience in physical asset inventory and reconciliation processes, asset valuation, and depreciation methods, along with familiarity with lease accounting and management practices, are essential. They are adept at managing multiple priorities, meeting deadlines, and have strong project management capabilities. Additionally, the ideal candidate brings expertise in developing and implementing process improvements, providing training and support to staff, and managing vendor relationships with keen negotiation skills. Their proactive and self-motivated nature, coupled with a proven ability to prepare and present comprehensive financial reports to management, underscores their readiness to excel in this role.

On a typical day, you will...

- Oversee and manage the organization's fixed asset accounting processes and procedures
- Maintain and update the fixed asset register
- Coordinate and execute physical asset inventories and reconciliations
- Record and monitor asset acquisitions, transfers, and disposals
- Ensure compliance with relevant financial regulations and accounting standards
- Perform regular asset valuations and depreciation calculations
- Review and analyze fixed asset-related financial statements and reports
- Prepare and present detailed fixed asset reports for management and stakeholders
- Support budgeting and forecasting activities related to fixed assets
- Collaborate with departments to plan and budget for capital expenditures
- Coordinate with IT and administrative staff to ensure proper tagging and tracking of fixed assets
- Handle internal and external audit requests pertaining to fixed assets
- Investigate and resolve any discrepancies or issues related to fixed asset management
- Develop and implement process improvements for fixed asset management systems
- Provide training and support for staff involved in the management of fixed assets
- Ensure timely and accurate recording of asset acquisition, capitalization, and depreciation
- Administer and manage lease accounting and leased asset records
- Monitor asset life cycles and recommend asset replacements or upgrades as needed
- Manage vendor relationships and negotiate terms for asset purchases and leases
- Maintain documentation and records related to fixed asset management policies and procedures

What we are looking for

- Detail-oriented and highly accurate
- Strong organizational and time management skills
- Excellent analytical and problem-solving abilities
- Effective communication and interpersonal skills
- Ability to work collaboratively with cross-functional teams
- Proactive and self-motivated
- Strong project management skills
- Ability to manage multiple priorities and meet deadlines
- Advanced proficiency in Excel and data analysis tools
- In-depth understanding of fixed asset management and accounting principles
- Familiarity with GAAP and IFRS standards
- Experience with accounting software and fixed asset management systems
- Knowledge of internal and external audit procedures
- Expertise in asset valuation and depreciation methods
- Understanding of lease accounting and management
- Competency in vendor management and negotiation
- Proven ability to develop and implement process improvements
- Experience in providing training and support to staff on fixed asset management
- Strong financial report preparation and presentation skills

What you can expect (benefits)

- Competitive salary range based on experience and qualifications
- Comprehensive health, dental, and vision insurance
- Retirement savings plan with employer matching
- Paid time off (PTO) including vacation, sick leave, and holidays
- Flexible work schedule options
- Opportunities for career development and advancement
- Professional development and training programs
- Tuition reimbursement for continuing education
- Employee wellness programs and resources
- Life and disability insurance
- Employee assistance program (EAP)
- Company-sponsored events and social activities
- Performance-based bonuses and incentives
- Work-from-home/remote work options
- Collaborative and inclusive work environment
- Travel reimbursement for work-related travel
- Employee discounts on company products and services
- Recognition and awards programs
- Access to cutting-edge technology and tools

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