Fixed Asset Accountant

Position Summary The Staff Accountant – Leases & Fixed Assets is responsible for the accurate accounting, tracking, and reporting of the Company’s lease portfolio and fixed assets in NetSuite, in accordance with U.S. GAAP. This role owns day‑to‑day lease accounting under ASC 842, fixed asset accounting, and related reconciliations, ensuring records are complete, accurate, and audit‑ready.

Key Responsibilities

Lease Accounting (ASC 842)

Maintain all operating and finance lease records in NetSuite, including real estate, vehicles, and equipment Perform monthly lease accounting under ASC 842, including:

Right‑of‑use (ROU) assets Lease liabilities Amortization and interest expense

Set up new leases, modifications, renewals, terminations, and remeasurements in NetSuite Reconcile lease subledger activity to the general ledger monthly Maintain complete lease documentation and audit support Coordinate with Operations, Real Estate, and Procurement to ensure lease population completeness

Fixed Asset Accounting

Maintain the fixed asset subledger in NetSuite Record capital asset additions, transfers, disposals, and retirements Calculate and post monthly depreciation in accordance with Company policy and GAAP

Review capital vs. expense classifications Perform monthly fixed asset reconciliations to the general ledger Support annual physical inventory and asset verification processes Maintain fixed asset schedules for audit and tax support

Financial Close & Reporting

Prepare and post monthly journal entries related to leases and fixed assets Support timely and accurate month‑end and year‑end close Assist with financial statement disclosures related to leases and fixed assets Support external auditors with schedules, reconciliations, and source documentation

Controls & Process Improvement

Ensure compliance with internal controls and accounting policies Identify and implement process improvements within NetSuite to enhance accuracy and close efficiency Assist with system enhancements, reporting improvements, and documentation standardization

Qualifications

Required

Bachelor’s degree in Accounting or Finance 2–4 years of accounting experience with direct NetSuite usage (required) Hands‑on experience with NetSuite fixed assets and lease accounting modules Strong understanding of U.S. GAAP, including ASC 842 Experience with account reconciliations and month‑end close Strong Excel skills (reconciliations, schedules, analysis) High attention to detail and documentation discipline

Preferred

Experience in asset‑intensive environments (construction, manufacturing, distribution) Experience supporting audits or SOX/internal controls CPA or CPA‑eligible

Key Competencies

Ownership mentality and accountability Strong organizational and analytical skills Clear, professional communication Ability to meet close deadlines in a fast‑paced environment Sound accounting judgment and attention to compliance