Fixed Asset Coordinator

Job Status: Full Time, Employee Job Category: Accounting/Finance/Insurance Contact Information Company: CORESTAFF Services Email: Apply by Email Reference Code: 28685 Job Description Fixed Asset Coordinator CORESTAFF Services, a leading national staffing firm, is seeking a Fixed Asset Coordinator for our premier client in the Dallas area. This temp to hire opportunity offers a competitive market salary of $18-19 per hour plus benefits working 8:30am – 5pm. Maintains fixed asset system including processing of additions and retirements and balancing to the general ledger. Tracks construction-in-progress, calculates FASB interest on qualified assets to satisfy GAAP and tax requirements, and closes projects to the proper fixed asset accounts. Prepares monthly, quarterly, and year-end financial and audit schedules. Assists in the physical inventory and tagging of assets. ESSENTIAL DUTIES AND RESPONSIBILITIES:1. Tracks construction-in-progress (CIP) by reviewing payments for proper capitalization versus expense. Prepares journal entries to transfer amounts to the appropriate general ledger accounts, and entering new assets into the Fixed Asset System. Prepares CIP tracking report and reconciles to the general ledger. 2. Coordinates the activities of other nonexempt Fixed Asset personnel as well as serving as liaison to Financial Planning on capital budgets. 3. Calculates FASB interest on qualified projects and prepares monthly journal entries, ensuring this interest is recorded separately from asset cost for tax purposes. Prepares journal entries to capitalize stockroom and in-house labor as required. 4. Analyzes CIP and fixed asset information to ensure projects are closed timely and accurately. Prepares management reports updating project status to departmental Vice-Presidents and Financial Planning. Prepares quarterly update of international capital projects and dollars committed. 5. Assists the Tax Department in recognizing and recording assets in compliance with current tax laws and reconciling financial and tax differences. Assists Risk Management in determining the location and value of assets. KNOWLEDGE, SKILLS, AND ABILITIES:1 Job requires a high school education or equivalent and 6 hours of Accounting course work to understand Generally Accepted Accounting Principles (GAAP) debits, credits, accruals, depreciation, financial statements; prepare journal entries; and work with general ledger system. 2. Must be able to perform mathematical calculations as demonstrated by successfully passing a math test including addition, subtraction, multiplication, division, decimals and fractions in order to prepare journal entries and reconcile general ledger accounts. 3. Two to three years of related accounting work experience is required to apply Corporate fixed asset policies and knowledge of GAAP including asset types and depreciation calculations, interest capitalization, and book versus tax depreciation to the identification and accounting for fixed assets and construction-in-progress. 4. Must be able to effectively communicate in order to explain fixed asset policies to other departments, answer questions, and resolve problems. Qualified candidates please submit resumes to: shana.ceballos@corestaff.com An Equal Opportunity Employer/M/F/D/V CareersDiscover the freedom, the flexibility and opportunity available through temporary, temp-to-hire, and direct hire assignments at CORESTAFF. Your talent is in great demand, so why limit yourself to one position at one company? Being a CORESTAFF associate lets you choose where – and when – you’d like to work. You have the power to say yes…or no. Choose the assignments that are the most interesting to you. Politely decline the ones that might not be as appealing.