Fixed Asset Manager

Overview

About ERMCO

ERMCO (Electric Research and Manufacturing Cooperative, Inc.) is a leading U.S. manufacturer of distribution transformers and engineered electrical solutions serving electric utilities, OEMs, and industrial customers across North America. Headquartered in Dyersburg, Tennessee, ERMCO delivers reliable, high-quality products that power homes, businesses, and communities every day.​

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With a commitment to safety, operational excellence, and continuous improvement, ERMCO is at the forefront of supporting grid modernization and the energy transition. Our vertically integrated operations, customer-focused culture, and investment in people and technology make ERMCO a trusted partner in delivering resilient, sustainable power infrastructure for the future.

Position Summary:

ERMCO is seeking a detail-oriented, hands-on, and strategic Fixed Asset Manager to partner with the Director, Internal Control and Risk Management, in leading the fixed asset accounting function and supporting capital project initiatives across the organization. This role will be responsible for developing and maintaining fixed asset policies, standards, and processes. The ideal candidate will have deep experience in fixed asset accounting, capital project leadership, and cost-benefit analysis, and will be instrumental in building a process model that ensures accuracy, compliance, and operational efficiency.

Responsibilities

Key Responsibilities:

Fixed Asset Accounting & Management

• Oversee the end-to-end fixed asset lifecycle, including acquisition, capitalization, depreciation, transfers, and disposals.
• Ensure accurate and timely recording of fixed assets in accordance with GAAP and company policy.
• Maintain the fixed asset subledger and reconcile with the general ledger.
• Monitor and ensure compliance with internal controls related to fixed assets.

Capital Projects Leadership

• Partner with operations, engineering, and finance teams to support capital project planning and execution.
• Lead financial tracking and reporting for capital projects, including budget vs. actual analysis.
• Evaluate capital investment proposals and perform cost-benefit analyses to support decision-making.
• Ensure proper classification and capitalization of project costs.

Policy, Standards & Shared Services

• Develop and maintain fixed asset accounting policies and procedures aligned with industry best practices.
• Standardize fixed asset processes across business units.
• Provide guidance and training to stakeholders on fixed asset policies and compliance requirements.
• Collaborate with internal and external auditors to support asset-related audits.

Process Improvement & Roadmap Development

• Design and implement a scalable process model for fixed asset management.
• Build a strategic roadmap for fixed asset function maturity, including automation and system enhancements.
• Identify opportunities for process optimization and lead continuous improvement initiatives.
• Leverage technology to improve asset tracking, reporting, and lifecycle management.
• Reporting & Compliance
• Prepare and present fixed asset reports to senior leadership, including asset roll-forwards, impairments, and retirements.
• Ensure compliance with tax regulations related to fixed assets and coordinate with tax teams as needed.
• Support financial reporting and disclosures related to property, plant, and equipment.

Qualifications

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field (CPA or CMA preferred).
• Minimum of 5 years of experience in fixed asset accounting and capital project management.
• 2 years of experience leading teams
• Experience working within a shared services model.
• Strong understanding of GAAP, asset capitalization rules, and depreciation methods.
• Proven ability to develop policies, standardize processes, and lead cross-functional initiatives.
• Excellent analytical, organizational, and communication skills.
• Proficiency in Microsoft Excel and ERP systems (e.g., SAP, Oracle, NetSuite).

Preferred Attributes:

• Experience in a manufacturing or industrial environment.
• Familiarity with asset tracking systems and fixed asset software.
• Ability to work independently and collaboratively in a fast-paced setting.
• Strong project management skills and ability to drive initiatives from concept to execution.
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Compensation & Benefits

• Competitive base salary (commensurate with experience)
• Annual bonus
• Comprehensive benefits package including:
• Medical, dental, and vision insurance
• 401(k) with company match
• Pension plan
• Paid time off and more

Additional Information

• This role is based in Bristol, WI and after the initial in office training period, it will be a hybrid role (3 days in office and 2 remote)

Join ERMCO and TRANSFORM your career.

Disclaimer: This job description is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Additional tasks and responsibilities may be assigned as required.