Capital Asset Accountant (Accountant II)

Job Description:

Capital Asset Accountant (Accountant II)

Description

Description

The capital asset accountant position is responsible for recording the cost of newly acquired capital assets, tracking existing capital assets, recording depreciation, and accounting/recording the disposal of capital assets for the entire County.

HIRING SALARY: $60.840 - $79,685 (Estimated Annual Salary)

OPEN UNTIL FILLED - APPLICATION REVIEW BEGINS IMMEDIATELY

Duties and Responsibilities

Create and monitor a system of controls, procedures, and forms for the addition, transfer, and disposal of capital assets.Recommend to management any updates to accounting policies related to capital assets.Assign tag numbers to capital assets.Record capital asset acquisitions and disposals in the County’s accounting/asset system.Set up and track construction projects, record in the capital asset system and track on various excel spreadsheets.Track compilation of project costs of capital asset accounts into the Finance spreadsheets, close out completed projects and ensure all are properly recorded in the capital asset system.Reconcile the balances in the capital asset portion of the system to the summary level accounts.Reconcile and enter the amounts in the general ledger capital asset additions accounts to the capital asset portion of the software.Calculate depreciation of all capital assets.Review and update the detailed schedule of capital accounts and accumulated depreciation.Investigate the potential obsolescence of capital assets with the assistance of the assistant finance director and facilities staff.Conduct periodic physical inventory counts of capital assets.Conduct research and analyses related to capital assets as requested by management.Prepare audit schedules relating to capital assets and assist the auditors in their inquiries. Lead the accounting for fixed assets, including depreciation calculations, journal entries, reconciliation of asset accounts, and preparation of financial reports in accordance with US GAAP Provide guidance, training, and support to finance and operational teams on fixed asset policies, procedures, and best practices.Other duties as assigned

Minimum Qualifications

• REQUIRED Bachelor’s Degree in Accounting, Finance or closely related field PLUS 3 years of related experience OR an Associate’s degree in accounting, finance or closely related field PLUS 5 years of related experience OR an equivalent combination of education and experience.
• REQUIRED Experience MUST include capital asset accounting, utilizing general accounting practices/principles, tracking new and existing capital assets, recording depreciation, and accounting for the disposal of capital assets.
• Proficiency in MS Office (word, excel, OUTLOOK, etc…)
• Comprehensive knowledge of applicable County, State and Federal laws and regulations
• Comprehensive knowledge of Generally Accepted Accounting Principles (GAAP) and Governmental GAAP

Knowledge, Skills and Abilities

Work with minimal supervisionCommunicate effectively in writing and orallyInterpret complex financial data utilizing strong analytical and problem-solving skills Provide strategies and insights to support decisions

Charleston County offers competitive pay and a comprehensive benefits package to its employees, including but not limited to:

• Health, Dental, Vision and Life Insurance
• Optional Life and Disability Insurance
• Optional Medical and Dependent Care Spending Accounts
• Annual and Sick Leave
• Fourteen (14) recognized Holidays
• South Carolina Retirement System (SCRS) State Retirement Plan
• Police Officers Retirement System (PORS - as applicable)
• Optional Deferred Compensation Program
• Longevity and Merit Pay Increases
• Optional Federal Credit Union Membership
• Leadership, Professional and Skill Development Training
• Employee Assistance Program
• Employee Well-being Program

For more information, visit our benefits page.

Salary:

$60,840.00 - $79,685.00 Annually