5-7 years of progressive accounting experience, ideally in capital accounting or construction accounting.
Experience leading accounting processes and managing cross-functional projects.
Strong knowledge of U.S. GAAP and fixed asset accounting principles.
Advanced Excel skills and familiarity with financial reporting tools; Yardi experience is a plus.
Proven track record of improving accounting processes and internal controls.
Excellent analytical and problem-solving abilities.
Strong communication and stakeholder management skills.
Responsibilities
Oversee month-end and quarter-end close activities for capital expenditures and project accounting.
Review journal entries, accruals, and reconciliations for accurate financial reporting.
Manage capital accounting analysis and reporting for senior management.
Ensure timely recording of capital costs through purchase order and contract reviews.
Oversee accounting for equipment inventory transfers and budget allocations.
Ensure compliance with accounting policies and internal controls for capital projects.
Collaborate with various departments to resolve accounting issues and improve workflows.
Lead initiatives to enhance capital accounting processes and automate reporting.
Benefits
Comprehensive health, dental, and vision insurance, along with life and disability coverage.
Access to mental health resources and an employee assistance program.
Competitive pay with performance bonuses and a 401(k) plan featuring company match.
Generous paid time off, holidays, and parental leave.
Office amenities include a gym, golf simulator, and free parking, with a convenient location near restaurants and the American Airlines Center.
Full Job Description
We are looking for an experienced Accounting Manager to lead the Company's capital accounting function. The successful candidate will oversee accounting activities related to construction in progress (CIP), fixed assets, capital expenditures, equipment inventory, purchase order accruals, capital project accounting and other capital related tasks. This role is responsible for ensuring accurate financial reporting of Company's capital spend, maintaining effective internal controls, and driving process improvements across capital accounting operations. The Capital Accounting Manager will play a key role in supporting the Company's construction and development projects by overseeing month-end close, financial analysis, reconciliations, and capital-related reporting. This role will work closely with Accounting leadership, Procurement, Logistics, Construction Project Management, FP&A, and IT to resolve complex issues, improve systems and processes, and ensure capital activity is recorded accurately and efficiently.
Responsibilities
Oversee month-end and quarter-end close activities related to capital expenditures, construction in progress, fixed assets, equipment inventory, and project accounting.
Review and oversee journal entries, accruals, account reconciliations, and supporting schedules to ensure accurate and timely financial reporting.
Manage capital accounting analysis and reporting, including quarter-over-quarter flux explanations, capital expenditure trends, and significant balance sheet movements for senior management.
Oversee purchase order and contract reviews, open PO accruals, goods and invoice receipt accruals, and related processes to ensure capital costs are recorded in the appropriate period.
Oversee accounting for equipment inventory transfers, capital cost allocations, prepayments, deposits, retention, and related budget transfers between inventory locations and construction projects.
Ensure capital project and job setup activities, budget revisions, and supporting documentation follow established accounting policies, approval requirements, and internal controls.
Partner with Construction Project Management, Procurement, Logistics, FP&A, Accounts Payable, and other stakeholders to resolve accounting issues, assess project accruals, and improve capital-related workflows.
Lead initiatives to improve capital accounting processes, standardize procedures, automate reporting, and increase efficiency across the close and reconciliation process.
Oversee the integrity of capital accounting data and financial systems, including system enhancements, data validation, and coordination with IT on reporting or system issues.
Maintain effective internal controls and ensure compliance with U.S. GAAP, company policies, and applicable regulatory requirements.
Coordinate internal and external audit support for capital accounting activities and ensure timely delivery of accurate documentation and explanations.
Provide guidance, review, and development support to accounting team members and promote clear accountability across capital accounting processes.
Lead or support special projects and other initiatives as assigned.
Qualifications
At least 5-7 years of progressive accounting experience, preferably in capital accounting, fixed assets, construction accounting, or a related field.
Prior experience leading accounting processes, reviewing work, or managing projects and cross-functional initiatives.
Strong knowledge of U.S. GAAP, fixed asset accounting, construction in progress, capital expenditures, accruals, and financial reporting.
Advanced Excel skills and experience analyzing complex financial data; and reporting tools required. Yardi or comparable system experience preferred.
Demonstrated ability to improve accounting processes, strengthen internal controls, and manage system or data-related initiatives.
Excellent analytical, problem-solving, decision-making, and organizational skills.
Strong communication, interpersonal, and stakeholder management skills, with the ability to work effectively across departments.
Ability to manage multiple priorities, exercise sound judgment, and deliver results in a fast-paced and dynamic environment.
Education / Certifications
Bachelor's degree in accounting, finance, or a related field required.
CPA preferred.
Benefits
Comprehensive health, dental, and vision insurance plans, life and disability insurance, access to mental health resources and employee assistance program.
Competitive pay, performance bonus, 401(k) retirement plan with company match.
Generous paid time off and holidays, parental leave.
Building amenities include a fully equipped gym, golf simulator, and free parking. The office is conveniently located near local restaurants and is a short walk to the American Airlines Center.
About CyrusOne
CyrusOne is a real estate investment trust that specializes in highly reliable enterprise-class, carrier-neutral data center properties. The company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for approximately 1,000 customers, including more than 200 Fortune 1000 companies. CyrusOne's data center offerings provide the flexibility, reliability, and security that enterprise customers require and are delivered through a tailored, customer-service-focused platform designed to foster long-term relationships. The company is headquartered in Dallas, Texas.
