Senior Fixed Assets Accountant

Job Description:

The Senior Fixed Assets Accountant – ensures the integrity, completeness, and accuracy of accounting information, recording, verifying, consolidating, and entering transactions in the Subledgers & General Ledger. The Senior Fixed Assets Accountant – is accountable for recording the cost of newly-acquired fixed assets, tracking existing fixed assets, recording depreciation, accounting for the disposition, retirements and transfers of fixed assets, generating fixed assets reports and responsible to ensure accounting practices are aligned to corporate policies, US Generally Accepted Accounting Principles and IFRS, as applicable.

PRINCIPAL RESPONSIBILITIES:

• Update, maintain and review the fixed assets register to ensure data is accurate and complete
• Record fixed asset acquisitions, retirements, dispositions and transfers in the accounting system
• Oversee, prepare and post journal entries related to “Assets Held for Sale”, impairments and accelerated depreciation
• Update and monitor Assets Held for Sale, Impairments and Accelerated Depreciation schedule
• Run monthly settlements process to move cost from expenditure accounts to CIP
• Prepare quarterly depreciation forecast
• Work with Business Units to place Construction in Process costs in service on a timely basis, and close out those CIP costs once the related projects have been completed
• Calculate and post capitalized interest
• Prepare variance of monthly deprecation with comments
• Prepare monthly reconciliations for all fixed assets related accounts
• Prepare monthly rollforwards by reporting regions for both US GAAP and IFRS
• Review Authority for Expenditures (AFE)
• Work with Fleet Management group to ensure aircrafts counts and payment reconcile
• Run analytics to verify the useful lives and salvage values of assets
• Recommend to management whether fixed assets should be disposed or retired
• Conduct analyses related to fixed assets as requested by management
• Prepare SOX Control schedules with all supporting documentation for review by manager
• Prepare schedules relating to fixed assets, and assist the internal & external auditors in their inquiries
• Recommend to management any updates to accounting policies related to fixed assets
• Ad Hoc requests, schedules and reports
• Other duties as assigned.

PERSON SPECIFICATION: (minimum education requirements, key skills and experience)

EXPERIENCE:

• Bachelor’s degree in Accounting or Finance required
• Must have at least 6+ years of experience, preferably in the energy services industry
• Must have ERP General Ledger accounting experience, preferably SAP
• Experience in working with legal entities and foreign currencies across international locations
• US GAAP experience and IFRS experience, specifically pertaining to fixed assets
• Experience working in a global, international organization.

SKILLS:

• Strong computer literacy including MS office, strong Excel skills
• Can-do positive attitude
• Strong analytical and investigative skills, persistent to identify and resolve accounting discrepancies and reconciliations in timely manner
• Willingness to take responsibility to resolve problems/queries effectively
• Good team player; willingness to assist/ cover other team members as required and have an approachable attitude
• Strong communication skills with the ability to articulate, summarize, and present information clearly to audiences with different backgrounds and at different levels of the organization and external stakeholders
• Approachable to both internal and external staff members
• Ability to identify issues and communicate them appropriately
• Ability to manage priorities, focus on the key issues and meet deadlines.