Good Pay! Good Benefits! Good People! Knife River is a PEOPLE-first company. Our team members are key to our success, and we are committed to giving them the tools, training, and time to do their jobs productively and go home safely each day. Please consider joining our growing team today!
At Knife River, we take care of our team because we know it’s our people who make us successful. We are one of the 10 largest construction materials producers/contractors in the Country. Our goal is to build strong teams that, in turn, build strong communities. We are also a publicly traded company on the NYSE with the ticker symbol KNF and part of the S&P MidCap 400 index.
ROLE OVERVIEW:
The Asset Accountant is responsible for managing the organization’s fixed asset accounting processes, ensuring accuracy, compliance, and timely reporting. This role oversees the full asset lifecycle—including acquisition, capitalization, depreciation, transfer, and disposal. The Asset Accountant will supervise two direct reports, providing direction, training, workload management, and performance feedback to support departmental goals.
The typical schedule is Monday - Friday 8:00 AM - 5:00 PM or 7:00 AM - 4:00 PM.
DUTIES AND/OR RESPONSIBILITIES (summary of components that make up the job)
- Maintain and reconcile the fixed asset subledger and general ledger accounts.
- Ensure accurate capitalization of assets in accordance with company policy and GAAP.
- Record depreciation, amortization, adjustments, and disposals.
- Monitor construction work in progress (CWIP) activity and ensure timely project closeouts.
- Review and validate asset coding, useful life assignments, and depreciation methods.
- Prepare monthly, quarterly, and annual fixed asset schedules and reports.
- Support internal and external audits by providing documentation and reconciliations.
- Assist with budgeting and forecasting related to capital expenditures and depreciation.
- Prepare and file related returns and reports, including fuel/mileage filings, and license and title filings.
- Perform administrative oversight of and recordkeeping for preventive maintenance, Voyager fleet cards, tool reimbursements, DOT and other inspections.
- Process and maintain company equipment pool leases.
- Chart and maintain preventative maintenance schedules.
- Calculate and record equipment rates/ attachment true ups.
- Compiles, records, and analyzes financial information for all company equipment and equipment-related activities, including original miles/hours; weekly equipment hours; Unit numbers and transfers; Unit titling and licensing; Meter true ups; shop/dummy allocations; business unit exception, and offsite mechanic time.
- Partner with procurement, operations, and project teams to ensure data integrity.
- Conduct performance evaluations and support goal setting.
- Review and approve journal entries, reconciliations, and asset documentation prepared by the team.
- Manage workflow, set priorities, and ensure deadlines are met.
- Support capital project tracking and reporting.
- Ensure DOT, MSHA, OSHA, EPA, DNR, safety and environmental regulation compliance.
- Always work safely and take action to prevent any and all unsafe actions, processes, and behaviors.
- Perform other duties as assigned.
KNOWLEDGE, SKILLS, AND ABILITIES (types and extent of knowledge, skills or abilities an incumbent must possess to complete the job responsibilities satisfactorily)
- Excellent written and verbal communication skills.
- Strong organizational skills.
- Knowledge of MS Office (Word, Excel, Outlook).
- Able to work independently and under time constraints.
- Strong knowledge of GAAP and fixed asset accounting principles.
- Experience with ERP and fixed asset modules
- Excellent analytical, organizational, and communication skills.
- Ability to lead, mentor, and develop staff
MINIMUM REQUIREMENTS (minimum educational, experience, or other relevant job requirements)
- Five (5) years of fixed asset accounting experience.
PREFERRED REQUIREMENTS (preferred requirements i.e. certifications, software use, etc.)
- Prior supervisory or team‑lead experience desirable.
- 3–5+ years of accounting experience; fixed asset accounting strongly preferred.
VETERANS:
At Knife River, we are committed to helping our military transition to civilian life. We are constantly looking to add veterans to our workforce and want to make the transition as smooth as possible. There are many jobs within the military that are transferrable to our Asset Staff Accountant. Veterans are encouraged to apply.
BENEFITS:
- Medical, Dental, & Vision Insurance
- Health Savings and Flexible Spending Accounts
- 401(k) with Company Match
- Company Paid Life and AD&D Insurance
- Employee Assistance Program
- Years of Service Recognition
- Voluntary Life Insurance for Employees, Spouses, and Dependents
ADDITIONAL INFORMATION:
Knife River is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, age, color, religion, gender, gender identity, sexual orientation, national origin, disability, protected Veteran status or any other protected category under applicable state/federal laws.
Subject to pre-employment drug testing and background checks.
All applications are submitted online. If you are having issues completing the application, please come to the office for assistance.
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This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
