What are the responsibilities and job description for the Fixed Asset Manager position at ALG Senior?
Brief Description
About our community:
We provide management services to exceptional assisted living communities, personalizing our approach to ensure every resident has their specific needs met at every stage. We strive daily to create the best life for all we serve.
Position Summary
The Fixed Asset Manager position performs a variety of accounting and asset-lifecycle tasks focused on the organization’s physical and capital assets. They are responsible for maintaining accurate fixed-asset records, managing acquisitions and disposals, overseeing depreciation and capitalization, and ensuring compliance with internal controls and accounting standards.
Responsibilities Overview
About our community:
We provide management services to exceptional assisted living communities, personalizing our approach to ensure every resident has their specific needs met at every stage. We strive daily to create the best life for all we serve.
Position Summary
The Fixed Asset Manager position performs a variety of accounting and asset-lifecycle tasks focused on the organization’s physical and capital assets. They are responsible for maintaining accurate fixed-asset records, managing acquisitions and disposals, overseeing depreciation and capitalization, and ensuring compliance with internal controls and accounting standards.
Responsibilities Overview
- Oversee the fixed-asset register: record new asset acquisitions, transfers between locations, disposals, and retirements.
- Ensure accurate calculation and posting of depreciation, amortization (where applicable), impairments, and asset retirements in accordance with applicable accounting standards.
- Reconcile fixed-asset sub-ledgers to the general ledger on a monthly/quarterly basis.
- Coordinate and lead physical inventory and tagging of fixed assets; monitor condition, location, usage, and life-cycle of assets.
- Collaborate with procurement, operations, IT, and facilities teams to ensure assets are properly tagged, tracked, maintained, and aligned with capital expenditure planning.
- Ensure compliance with policies, procedures, accounting standards (e.g., GAAP/IFRS as applicable), and regulatory requirements.
- Prepare and present fixed-asset reporting to management, including schedules of additions, disposals, accumulated depreciation, and asset-life analyses.
- Develop and implement process improvements, controls and automation around fixed asset management, asset lifecycle tracking, and reporting.
- Support internal and external audit processes related to fixed assets.
- Assist in budgeting and forecasting of capital projects and asset replacement planning.
- Provide training and support to staff regarding fixed asset policy, procedures and system usage.
- Perform other ad-hoc accounting and asset-management tasks and projects as required.
- Bachelor’s Degree in Accounting, Finance, Business Administration or a related field preferred.
- Minimum of 5 years of experience in fixed asset accounting or fixed asset management, preferably in a capital-intensive organization.
- Strong knowledge of fixed asset accounting, depreciation, disposals, asset transfers, and reconciliations.
- Advanced Microsoft Excel skills; experience with fixed-asset tracking software or ERP systems preferred.
- Excellent organizational abilities, high attention to detail, and strong analytical and problem-solving skills.
- Effective communication and interpersonal skills; ability to collaborate across finance, operations and other teams.
- Self-starter with the ability to prioritize multiple tasks and meet deadlines in a fast-paced environment.
- Certification such as CPA or CMA is a plus.
- Competitive Wage Package (pay rate based on experience)
- Multiple Options for Medical, Dental, and Vision Insurance
- Short and Long Term Disability Insurance
- Life Insurance
- Telehealth 24/7 Care
- Paid Time Off
- Paid Holidays
- Family Medical Leave
- Paid Bereavement Leave
- Health Savings Account
