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Manager – Fixed Assets & Work in Progress

LaserAway -
Remote

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Job Details

Full-time
$120,000 - $130,000 a year
8 days ago

Benefits

Disability insurance
Health insurance
Dental insurance
Paid time off
Vision insurance
401(k) matching
Life insurance

Qualifications

5 years
Senior level
Communication skills
Time management

Full Job Description

Manager – Fixed Assets & Work in Progress
Compensation: $120,000-$130,000 - Remote - Full-time

Position Overview

The Manager – Fixed Assets & Work in Progress is responsible for managing all aspects of the company's fixed asset accounting processes, including asset acquisitions, deletions, depreciation, and work-in-progress (WIP) capitalization. This role ensures accurate GL coding, timely subledger reconciliations, and compliance with accounting standards. The position involves cross-functional collaboration with operations, development, and expansion teams to ensure proper asset classification, timely financial reporting, and regulatory compliance.

Primary Responsibilities

Fixed Asset GL Management

Process and code fixed asset additions and deletions in the GL with proper supporting documentation
Prepare and review journal entries for asset acquisitions, retirements, and transfers
Monthly review of Repairs & Maintenance transactions to ensure correct classification between fixed assets and expenses
Manage the Fixed Asset Module (FAM) for individual asset tracking, including asset costs, accumulated depreciation, and net book value
Collaborate with Development teams to post and reconcile Internally Developed Software assets
Monthly reconciliation of the Fixed Asset subledger to the General Ledger and resolution of discrepancies

Work in Progress (WIP) GL Management

Organize and code WIP additions and deletions by category and subledger classification
Partner with Operations and Development teams to obtain timely asset placed-in-service dates and supporting documentation
Ensure accuracy of WIP subledger categories and proper transfer to fixed assets upon completion
Prepare monthly reconciliations and journal entries for WIP accounts
Monitor and validate WIP aging and identify items ready for capitalization

Accrued Expenses & WIP Management

Coordinate with the Expansion team to develop and monitor WIP-related accruals and cost estimates
Perform perpetual reviews of established accruals for re-estimation and validation
Prepare monthly accrual journal entries and reconciliations with supporting analysis
Document assumptions and basis for all accruals

Property Tax Support

Assist with data preparation for property tax filings
Prepare property tax accrual journal entries with supporting schedules

Other Duties

Ad-hoc projects and special assignments as assigned by management

Required Qualifications & Skills

Education & Experience

Bachelor's degree in Accounting, Finance, or related field
Minimum 5-7 years of accounting experience focused on fixed asset accounting
Demonstrated experience with fixed asset accounting software and subledger reconciliation
Familiarity with work-in-progress and capital asset processes

Technical Skills

Advanced proficiency in Excel, including pivot tables, VLOOKUP, and financial analysis
Strong knowledge of GAAP accounting principles and fixed asset capitalization rules
Familiarity with accounting software systems (NetSuite ERP, fixed asset modules, GL systems)
Experience with journal entry preparation and GL reconciliations
Proficiency in asset tracking and depreciation methods

Soft Skills & Competencies

Strong attention to detail and commitment to accuracy
Excellent organizational and time management skills
Ability to manage multiple priorities and meet deadlines
Strong communication and interpersonal skills
Collaborative approach to working with cross-functional teams
Problem-solving mindset with ability to research and resolve complex issues

Preferred Qualifications

Experience in multi-location or multi-state property environments
Background in construction, engineering, or capital-intensive industries
Knowledge of software development asset capitalization

Work Environment

Remote position
Ability to work independently and as part of a team
Flexibility to accommodate period-end closing and project needs

LaserAway is an Equal Opportunity Employer. We're committed to creating an inclusive workplace and will provide reasonable accommodations as required by law.

Benefits Summary:

LaserAway provides competitive compensation packages and a comprehensive range of benefits, including Medical, Dental, Vision, Disability and Life Insurance, a 401(k) plan with a company match, and additional ancillary benefits. We also offer Paid Time Off (PTO) in compliance with state and federal requirements, ensuring our employees are supported both professionally and personally. LaserAway also provides incentive compensation, including potential bonuses and commissions, depending on role and performance.

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Refine Your Search

Special Assets Manager jobs

Manager – Fixed Assets & Work in Progress

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