Lead Accountant-Fixed Assets in Bellaire, TX at Search Services

Date Posted: 11/7/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Bellaire, TX
  • Job Type:
  • Experience:
    At least 3 year(s)
  • Date Posted:
    11/7/2019

Job Description

The responsibilities of the Lead Accountant, Fixed Assets include the preparation of consolidated financial reports and disclosures for fixed assets, intangibles, goodwill and operating and finance leases. Responsibilities also include valuation and determination of useful lives of fixed assets acquired through business combinations; the processing of fixed asset transfers between operating units; and consolidation of lease data. The position requires interaction with various groups within the corporate offices (i.e. External Reporting, Divisional Accounting, Mergers & Acquisitions, Treasury, Tax, Financial Planning & Analysis, Legal, etc.), as well as domestic and international operating units’ accounting personnel.

SCOPE: Corporate and Operating Units

Responsibilities

ESSENTIAL/ NON-ESSENTIAL JOB FUNCTIONS

    • Performs monthly consolidated fixed asset and intangible roll forward and reconciliation review procedures within HFM and JD Edwards. Investigates and resolves reconciling items with operating units.
    • Lead team in the accounting for fixed assets acquired through business combinations including the preparation of detailed valuation analysis or review of valuation work papers provided by third party specialists.
    • Prepares JD Edwards system/sub ledger integration files for book and tax fixed asset and intangible balances of newly acquired companies.
    • Serve as the subject matter expert (SME) for the JD Edwards asset system/sub ledger/FAS, Hubble, and the Visual Lease application for lease accounting.
    • Performs the quarterly lease accounting process to compilation of all the Corporation’s equipment, real estate and operating unit leases in the Visual Lease application.
    • Assists in the preparation of disclosures for fixed assets, goodwill, intangibles and leases as well as maintains all supporting work papers for associated amounts included in SEC Form 10-Q and 10-K filings.
    • Prepares forecast depreciation and amortization reports for operating unit Controllers and the Financial Planning and Analysis team.
    • Assists team with quarterly and annual fixed and intangible asset triggering event impairment analysis.
    • Processes wire transfers and journal entries associated with operating unit fixed asset transfers.
    • Processes intercompany out-of-balances created by asset transfer wire transfers.
    • Assists with the drafting and maintenance of the Company’s long-lived assets and lease accounting policies.
    • Evaluates existing processes for efficiencies and control deficiencies.
    • Assists internal and external auditors.
    • Performs internal controls for areas of responsibility.
    • Adheres to internal standards, policies and procedures.
  • Performs other duties as assigned, particularly related to consolidated financial reporting.

Qualifications

COMPETENCIES

  • Must be able to understand accounting impact and implications of transactions and perform complex reconciliations of large volumes of data.
  • Ability to quickly learn new systems technology.
  • Strong interpersonal skills; must be able to build relationships and effectively interact with other accounting and non-accounting departments to achieve shared goals.
  • Challenges accuracy of information received and effectiveness/efficiency of processes performed.
  • Strong organizational skills required to manage multiple, concurrent tasks.
  • Manages task to completion within established timelines.
  • Communicates timely when deadlines are determined to be unrealistic or when obstacles are encountered.
  • Works independently and recognizes when to seek assistance and/or guidance.
  • Identifies issues and recommends potential solutions to the issues identified.
  • Identifies opportunities to assist team members and colleagues in other groups.
  • Ability to maintain strict confidentiality.

EDUCATION AND EXPERIENCE REQUIREMENTS

Required Education and Experience:

  • Bachelor’s degree in Business Administration or Accounting and 2 – 4 years public accounting experience or 4 – 8 years relevant industry experience within accounting field.
  • Strong working knowledge of US GAAP accounting requirements and Sarbanes Oxley control requirements.

Preferred Education and Experience:

  • None

LICENSES / CERTIFICATIONS

Certified Public Accountant (CPA), preferred