Xylem Inc

Sr Accountant-Fixed Assets

Xylem Inc$85K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or a related field or equivalent experience
  • 2-4 years of accounting experience, especially in fixed assets
  • Experience with balance sheet reconciliations
  • Strong understanding of US GAAP and fixed asset accounting
  • Advanced proficiency in Microsoft Excel
  • Analytical, organized, and problem-solving skills
  • Ability to manage priorities in a fast-paced environment

Responsibilities

  • Manage full lifecycle of fixed assets, from acquisition to retirement
  • Review capital expenditures for compliance with policies
  • Maintain asset master data and classifications
  • Prepare and post journal entries related to fixed assets
  • Analyze monthly depreciation expenses and investigate fluctuations
  • Support month-end, quarter-end, year-end close processes
  • Prepare reconciliations for PP&E and related accounts

Benefits

  • Medical, Dental, and Vision plans
  • 401(k) with company contribution
  • Paid time off and paid parental leave
  • Tuition reimbursement
  • Flexible hybrid working model
Full Job Description
Xylem is seeking a highly motivated Senior Accountant - Fixed Assets to manage and support the accounting, reporting, and control of the company's global Property, Plant & Equipment (PP&E) portfolio. In this role, you will oversee the full fixed asset lifecycle, including capital project accounting, construction-in-progress (CIP), asset capitalization, depreciation, transfers, disposals, reconciliations, and financial reporting.

The ideal candidate will bring strong technical accounting expertise, attention to detail, and a commitment to maintaining accurate financial records and compliance with internal controls.

This is a hybrid position based in our Charlotte, NC office.

Responsibilities:
  • Manage the full lifecycle of fixed assets, including acquisitions, CIP accounting, capitalization, depreciation, transfers, impairments, and asset retirements.
  • Review capital expenditures and ensure compliance with Xylem capitalization policies and accounting guidance.
  • Maintain asset master data and ensure appropriate asset classifications, useful lives, and depreciation methods.
  • Prepare and post journal entries related to fixed assets, depreciation, and capital projects.
  • Analyze monthly depreciation expense and investigate significant fluctuations.
  • Support month-end, quarter-end, and year-end close activities across multiple business units.
  • Prepare fixed asset roll-forwards and supporting schedules for management and audits.
  • Prepare and certify monthly balance sheet reconciliations for PP&E, accumulated depreciation, and related accounts using OneStream.
  • Investigate and resolve reconciling items timely and accurately.
  • Assist with fixed asset audits, and internal control reviews.
  • Identify opportunities to improve processes, standardize reporting, and automate manual activities.
  • Collaborate with finance teams, operational leaders, and project owners across multiple business segments and legal entities.

Qualifications
  • A bachelor's degree in Finance, Accounting, or a related field or equivalent work experience
  • 2-4 years of accounting experience, preferably in fixed assets.
  • Experience preparing and analyzing balance sheet reconciliations.
  • Understanding of US GAAP and fixed asset accounting concepts.
  • Advanced Microsoft Excel skills.
  • Strong analytical, organizational, and problem-solving skills.
  • Ability to manage competing priorities and meet deadlines in a fast-paced environment.
  • Experience with SAP, Oracle, OneStream, Blackline a plus
  • Process improvement and continuous learning orientation.


The estimated salary range for this position is $85,000 to $110,000 plus bonus. Starting pay is dependent on multiple factors, such as skills, experience and work location, and is not typically at the top of the range. At Xylem we offer a competitive compensation package with a generous benefit package, including Medical, Dental, Vision plans, 401(k) with company contribution, paid time off, paid parental leave and tuition reimbursement.

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About Xylem Inc

Xylem is a water technology company that designs and manufactures innovative solutions to meet the world's water needs. They provide water and wastewater applications with a broad portfolio of products and services that address the full cycle of water, from collection, distribution and use to the return of water to the environment. Xylem operates in more than 150 countries and has a workforce of over 17,000 employees. The company was spun off from ITT Corporation in 2011 and is headquartered in Rye Brook, New York.
Learn more about Xylem Inc
Size
17,300 employees
Market Cap
$19.9 billion
Industry
Net Income
$254 million
5 Year Trend
+6.6%
Revenue
$4.8 billion
NASDAQ

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