Fixed Asset Accountant Jobs (NOW HIRING)

The Fixed Asset Manager leads the accounting, reporting, and control activities for railcar and non-transportation capital assets, ensuring transactions are recorded accurately and in accordance with generally accepted accounting principles (GAAP) and provides assistance with technical accounting matters. This role is responsible for fixed asset reporting, journal entries, reconciliations, analyses, and impairment assessments, while driving timely and accurate financial information for management and key stakeholders. The Fixed Asset Manager partners closely with Financial Reporting, Financial Planning and Analysis, Equipment, Treasury, Tax, and other cross-functional teams to support decision-making, maintain strong internal controls, and promote process improvements across the fixed asset function.

RESPONSIBILITIES

• Lead monthly accounting activities for fixed assets, maintaining accurate records in both GAAP and tax books for asset acquisitions, cost adjustments, transfers, impairments, retirements, and other fixed asset transactions.
• Oversee the preparation of routine monthly close materials and present fixed asset results and key insights to leadership.
• Ensure monthly fixed asset rollforwards and account reconciliations are completed timely and in accordance with U.S. GAAP and company policies.
• Manage the completion of fixed asset reporting and other monthly deliverables for business partners, including Fleet, Financial Planning and Analysis, Treasury, Asset Disposal, and Tax. Streamline and enhance reports based on stakeholder needs.
• Monitor open Construction in Process projects to ensure assets are placed in service timely and accounted for in accordance with GAAP.
• Research U.S. GAAP guidance related to capitalization versus expense treatment and provide accounting direction to cross-functional teams submitting Authorization for Expenditure requests.
• Lead the annual impairment analyses for transportation and non-transportation assets in accordance with ASC 360.
• Review and perform technical research and analysis for other ad hoc fixed asset related technical accounting issues as they arise and be the subject matter expect for any fixed asset related industry or accounting developments (e.g. new accounting standards or required disclosures). Summarize findings in technical accounting memos and prepare/assist in the preparation of presentations communicating impacts and issues to internally interested parties (e.g. CFO/CEO).
• Coordinate and manage fixed asset-related audit requests, including support for external auditors and internal controls reviews.
• Drive process improvement initiatives and the effective use of technology, automation, and AI to enhance efficiency, accuracy, and scalability within the fixed asset function.
• Serve as the primary liaison between the Fixed Assets Controllership team and the Tax department to provide U.S. GAAP support for provision calculations and periodic audits.
• Manage, coach, and develop the Senior Fixed Asset Accountant to support team objectives, maintain accountability, and build capability within the function.

QUALIFICATIONS

• Bachelor's degree in Accounting required; CPA required.
• Public accounting and industry experience preferred, with 7+ years of relevant experience.
• Prior experience managing and developing employees required.
• Fixed asset lifecycle experience preferred; rail industry experience preferred.
• High energy, positive, proactive, collaborative, approachable work style. Strong work ethic and an ability to drive tasks through to 100% completion on time. Attention to detail, ability to multi-task, strong analytical and problem-solving skills required.
• Intermediate to advanced Excel skills required; experience with Oracle Cloud and Power BI preferred.
• Experience evaluating U.S. GAAP guidance and analyzing complex technical accounting matters.
• Experience with internal controls, including account reconciliations and account rollforwards.
• Ability to mentor and coach others in the application of moderate to complex financial and analytical systems and tools.
• Strong communication skills with the ability to present information effectively and respond to questions from internal customers.

PHYSICAL JOB REQUIREMENTS

(The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.)

Performs work in general office environment with a moderate noise level. While performing the duties of this job, the employee is regularly required to talk, hear, or sit (remain stationary within work area). The employee is frequently required to use hands to finger, handle, or feel. The employee is occasionally required to move about (stand, walk) and reach with hands and arms. The employee must occasionally lift and/or transport up to 10 pounds. Correctable vision required for close and color vision and the ability to adjust focus (ability to adjust eye to bring an object into sharp focus).

The above job description is intended to describe the general content of and requirements for the performance of this job.  It is not to be construed as an exhaustive statement of duties, responsibilities or requirements.

#INDCORP

TTX Company is a leading provider of railcars and related freight car management services to the North American rail industry. TTX's pool of railcars is ideal for supporting shippers in the intermodal, automotive, paper & forest, metals, machinery, wind energy and other markets where flatcars, boxcars and gondolas are required. 

TTX's generous Total Rewards package includes Paid Time Off, Health, Dental and Vision benefits, and 401(k) with company match.  This position participates in Railroad Retirement.

TTX Company is an Equal Employment Opportunity Employer.

What we do:

Maintain a strong financial backbone and credibility in the industry to ensure that TTX has cost effective access to capital to operate and grow our business.  We accomplish the goal through four areas of focus:

• Preserve and grow our financial health - By delivering on a conservative financial plan, effectively managing leverage, allocating capital, and driving appropriate profitability we maintain the confidence in TTX that exists with all of our major stakeholders (Board of Directors/Railroads, External auditors, rating agencies, lenders and industry partners)
• Manage risk and improve efficiency
• Oversee control and compliance
• Provide business insight Did you know? 
• TTX files almost 400 tax returns per year.
• TTX spent $880 million on railcars in 2018
• TTX processes over 50,000 invoices for payment per year
• TTX makes over 45,000 in revenue claims per year