Position Summary
The Fixed Asset Accountant at NOVOS FiBER is responsible for managing the full lifecycle of fixed assets, ensuring accurate reporting, compliance with U.S. GAAP, and effective use of accounting systems. A key focus of this role will be the integration and ongoing utilization of the NetSuite Fixed Assets module to streamline processes, improve visibility, and enhance reporting accuracy.
Responsibilities
- Manage and maintain the fixed asset subledger, ensuring accurate and timely recording of acquisitions, disposals, transfers, and depreciation.
- Lead the integration and ongoing utilization of the NetSuite Fixed Assets module, ensuring accurate configuration and alignment with business needs
- Monitor and reconcile fixed asset balances monthly and quarterly to the general ledger.
- Prepare and post monthly depreciation entries and maintain depreciation schedules.
- Track and manage construction-in-progress (CIP) and ensure timely capitalization.
- Collaborate with procurement, operations, and project teams to ensure accurate tagging, classification, and capitalization of assets.
- Develop and document standardized processes for asset tracking and reporting using NetSuite.
- Support internal and external audits by preparing schedules, documentation, and responding to inquiries.
- Identify process improvement opportunities within the fixed asset lifecycle and implement best practices.
- Assist the broader accounting team with financial reporting, budgeting, and ad hoc analysis.
Qualifications
- Bachelor’s degree in accounting or finance.
- Experience Required NetSuite Fixed Asset module, including setting up asset records, configuring depreciation schedules, processing revaluations and retirements, and posting related journal entries.
- Minimum of 2 years of experience in fixed asset accounting.
- Hands-on experience with NetSuite, especially the Fixed Assets module, is required.
- Strong knowledge of U.S. GAAP as it relates to fixed assets.
- Proficiency in Microsoft Excel
- Strong attention to detail, accuracy, and organization.
- Excellent communication skills and ability to collaborate cross-functionally.
- CPA or CPA-track preferred but not required.
- Self-motivated with a strong sense of ownership and accountability.
- An ability to demonstrate a positive and professional work ethic that complies with company policies, legal standards, and ethical standards.
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