Senior Assets Accountant Chicago, IL

Senior Fixed Assets Accountant

The salary range for this position is $98,000 to $99,000 plus bonus, and it comes with benefits, including medical, vision, dental, life, and disability insurance.

A high-end investment firm is seeking a Senior Fixed Assets Accountant. Perks include above market pay-rates, top-tier health benefits, plenty of work from home flexibility, and other unique perks that their top competitors can't provide.

• JV monthly accounting and reporting
• Perform monthly close procedures, including retirement and disposal of fixed assets, record intercompany sales of assets between JV entities, capitalization of repairs, review and record entries associated with finance leases and run depreciation.
• Perform variance analysis explaining fluctuations of income statement and balance sheet fixed assets accounts in the JV monthly/quarterly operating reports and monthly/quarterly reporting to our JV partner.
• Reconcile fixed asset balance sheet accounts and review of income statement for reasonableness and accuracy.
• Prepare quarterly and annual supporting schedules as required for financial reporting department in accordance with 10-Q and 10-K disclosure requirements
• Assist with internal and external audit requests.
• Be the primary point of contact with departments across the organization for recording of fixed asset transactions in the JV.
• Maintain the Fixed Asset subledger in SAP for rolling assets of US, Canadian, Mexican and Locomotive operations.
• Ensure fixed asset transactions (capitalization, dispositions, IC transfers and depreciation) are properly recorded in accordance with company policies and all applicable balances are properly stated.
• Maintain integrity of fixed asset accounts across all JV G/L entities.
• Oversee all related elimination entries as required.
• Maintain operating leases in Pro Lease where the JV is the lessee
• Ensure all aspects of the lease are properly recorded in accordance with company policies.
• Add, remove and update leases as needed.
• Oversee proper recording of information from Pro Lease into the general ledger in SA.
• Special projects
• Perform adhoc requests and special projects as requested, such as providing net book value reports for potential sale transactions and impairment analyses.