Senior Fixed Assets Accountant

Job Description

Job Description

Senior Fixed Assets Accountant

Our client in the King of Prussia, PA area is looking for a Senior Fixed Assets Accountant for a contract role. This position plays a vital role in managing the fixed asset lifecycle, capital expenditure tracking, and lease accounting compliance. The ideal candidate will have a strong foundation in US GAAP, ASC 842 lease accounting, and fixed asset systems, along with exceptional analytical and project management skills.

Responsibilities of Senior Fixed Assets Accountant

• Manage the full lifecycle of fixed assets from acquisition through retirement
• Maintain and reconcile the fixed asset ledger in Oracle, including additions, disposals, and depreciation
• Track, review, and match invoices to capital projects and purchase orders
• Collaborate closely with Engineering and IT to accurately capitalize assets as they are placed into service
• Analyze and report on capital expenditures for budgeting, forecasting, and financial planning purposes
• Perform monthly journal entries and balance sheet reconciliations for fixed assets, capex, and leases
• Draft fixed asset and lease disclosures for year-end audit and assist with audit documentation
• Prepare ASC 842 lease entries, including remeasurements and journal resets
• Utilize LeaseHarbor or similar software for lease management
• Lead meetings with cross-functional teams (e.g., Engineering, IT, Tax) to ensure data accuracy and compliance
• Support ad hoc financial analysis and reporting projects as needed

Skills/Qualifications of Senior Fixed Assets Accountant

• Bachelor’s degree in Accounting required
• 3–5+ years of experience in fixed asset accounting and ASC 842 lease compliance
• Proficiency with Oracle and LeaseHarbor (or similar lease accounting software
• Advanced Microsoft Excel skills (e.g., VLOOKUPS, SUMIFS, PivotTables)
• Strong understanding of US GAAP and internal control standards
• Experience with project management and capital budgeting preferred
• Excellent written and verbal communication skills
• High attention to detail, with the ability to meet deadlines in a fast-paced environment
• Team-oriented with strong organizational and analytical abilities

If you are interested in this or similar roles, please contact our team at 484.254.9060 for additional information ad reference JO# 03710-0013270348