POSITION OVERVIEWThe Sr. Fixed Asset Accountant manages the lifecycle of the organization's fixed assets and finance lease assets. The role ensures accurate recording, compliance with internal policies and accounting standards, and timely reporting. They support strategic decision making through reliable asset data, lease reporting, depreciation schedules, and asset related analytics.
POSITION RESPONSIBILITIESAsset Management:
- Maintain fixed asset register (CAPEX, transfers, disposals).
- Record acquisition, revaluation, impairment, and disposal events in SAP.
- Reconcile asset sub ledger with general ledger.
Finance Lease Management:
- Identify finance vs operating leases.
- Create lease contracts in SAP, capture right of use (ROU) assets and lease liability balances.
- Compute lease payment amortization, interest expense, and ROU depreciation using the appropriate discount rate.
- Update lease payment schedule and track lease renewals and termination dates.[CR1]
- Prepare footnote disclosures and quarterly reporting for the finance team and auditors.
Depreciation and Allocation:
- Compute depreciation using appropriate methods (straight line, and units of production).
- Generate monthly and quarterly depreciation schedules.
- Ensure compliance with IFRS, GAAP and local tax regulations.
Reporting and Analysis:
- Produce periodic asset & lease reports (fixed asset schedules, fixed asset turnover, lease liability aging).
- Support audit activities by providing documentation and explanations.
- Develop dashboards or KPI metrics for asset utilization and lease performance.
- Conduct monthly and quarterly meetings with both the project and management teams.
Process Improvement:
- Identify and implement controls to reduce errors, fraud, and inefficiencies.
- Collaborate with IT to automate workflows (e.g. automated asset reporting).
Ad Hoc Projects:
- Assist in capital budgeting, cost analysis studies, or other finance projects as required.
POSITION REQUIREMENTS- Bachelor's Degree required.
- Finance experience in the mining industry is a plus.
- Proficient in computer skills (Microsoft Outlook, Microsoft Office) with an emphasis on Microsoft Excel.
- Experience with ERP systems, such as SAP S4 Hana and/or OneStream, is an asset.
- Ability to work well in a fluid, team environment.
- Valid Driver's License.
- Able to speak, comprehend, read, and write English.
WORK ENVIRONMENTHybrid - office/remote.
