Sr Accountant - Fixed Assets

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

Xylem is seeking a highly motivated Senior Accountant – Fixed Assets to manage and support the accounting, reporting, and control of the company’s global Property, Plant & Equipment (PP&E) portfolio. In this role, you will oversee the full fixed asset lifecycle, including capital project accounting, construction-in-progress (CIP), asset capitalization, depreciation, transfers, disposals, reconciliations, and financial reporting.

The ideal candidate will bring strong technical accounting expertise, attention to detail, and a commitment to maintaining accurate financial records and compliance with internal controls.

This is a hybrid position based in our Charlotte, NC office.

Responsibilities:

• Manage the full lifecycle of fixed assets, including acquisitions, CIP accounting, capitalization, depreciation, transfers, impairments, and asset retirements.

• Review capital expenditures and ensure compliance with Xylem capitalization policies and accounting guidance.

• Maintain asset master data and ensure appropriate asset classifications, useful lives, and depreciation methods.

• Prepare and post journal entries related to fixed assets, depreciation, and capital projects.

• Analyze monthly depreciation expense and investigate significant fluctuations.

• Support month-end, quarter-end, and year-end close activities across multiple business units.

• Prepare fixed asset roll-forwards and supporting schedules for management and audits.

• Prepare and certify monthly balance sheet reconciliations for PP&E, accumulated depreciation, and related accounts using OneStream.

• Investigate and resolve reconciling items timely and accurately.

• Assist with fixed asset audits, and internal control reviews.

• Identify opportunities to improve processes, standardize reporting, and automate manual activities.

• Collaborate with finance teams, operational leaders, and project owners across multiple business segments and legal entities.

Qualifications

• A bachelor’s degree in Finance, Accounting, or a related field or equivalent work experience

• 2-4 years of accounting experience, preferably in fixed assets.

• Experience preparing and analyzing balance sheet reconciliations.

• Understanding of US GAAP and fixed asset accounting concepts.

• Advanced Microsoft Excel skills.

• Strong analytical, organizational, and problem-solving skills.

• Ability to manage competing priorities and meet deadlines in a fast-paced environment.

• Experience with SAP, Oracle, OneStream, Blackline a plus

• Process improvement and continuous learning orientation.

The estimated salary range for this position is $85,000 to $110,000 plus bonus.   Starting pay is dependent on multiple factors, such as skills, experience and work location, and is not typically at the top of the range.  At Xylem we offer a competitive compensation package with a generous benefit package, including Medical, Dental, Vision plans, 401(k) with company contribution, paid time off, paid parental leave and tuition reimbursement.

Why Xylem?

We believe in supporting our employees both professionally and personally. Our benefits include:

· Paid parental leave, maternity support, and fertility benefits

· Flexibility and hybrid work options where applicable

· Health, dental, and vision insurance from day one

· Emotional health and wellness programs and Volunteer program (Watermark)

· Paid time off (PTO)/Flexible time off (FTO) and paid holidays

· Career development, advancement, tuition reimbursement, and student loan forgiveness

· Generous retirement savings plan with company contribution

· Employee recognition and discount programs

Ready to grow your career while making a difference? Join a team that values your skills, supports your development, and empowers you to help solve global water challenges.

Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.

At Xylem, you'll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program, Xylem Watermark. We prioritize our employees' well-being through inclusion and belonging as well as our Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace, Xylem fosters an inclusive environment free from discrimination or harassment. 

Please note that the information in this job description outlines the general nature of the position and is not an exhaustive list of duties. Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions. We reserve the right to modify this job description and assign additional duties as needed. Embrace the opportunity to be part of Xylem's transformative journey in shaping the future of water technology! #XylemCareers #GlobalImpact #WaterInnovation