Fixed Asset & Lease Accountant I/II/III

Overview

The Fixed Asset and Lease Accountant will manage accounting and financial reporting for fixed assets and leases, including preparation of external (U.S. GAAP and SAP) and internal reports, financial statement disclosures, regulatory and audit support. This role is integral to the monthly, quarterly, and annual accounting close process and collaborates with Finance, Facilities, Operations, and other departments. The position requires knowledge of fixed asset and lease-related accounting standards (FASB ASC 320 and 842, SAP No. 22) to ensure accurate financial data and support ad-hoc requests.

Responsibilities

Level I

• Prepare journal entries, account reconciliations, tax schedules, and financial schedules under direct supervision, ensuring audit compliance and adherence to fixed asset and lease policies.
• Maintain fixed asset register and subledger, including additions, disposals, transfers, retirements, and monthly depreciation/amortization calculations.
• Review and capitalize assets per company policies.
• Support physical asset inventories and reconcile with book records.
• Track construction in progress and support timely asset placement with proper documentation.
• Coordinate with procurement, IT, real estate, and operations on asset and lease matters.
• Maintain lease schedules, including right-of-use assets and lease liabilities for GAAP and statutory treatment; initiate monthly lease payments.
• Review contracts to identify embedded leases and determine accounting treatment.
• Update lease modifications, reassessments, and renewals.
• Ensure accuracy and completeness of lease data in lease accounting systems.
• Research technical accounting and reporting issues, documenting analyses and conclusions.
• Maintain and enhance control environment consistent with NAIC Model Audit Rule and corporate policies.
• Stay current on accounting developments through seminars, workshops, and independent study.
• Support finance and enterprise-wide projects and initiatives.
• Build constructive relationships with internal and external professionals and agencies.
• Adhere to corporate code of conduct, privacy policies, and demonstrate integrity.
• Maintain regular and reliable attendance.
• Perform other duties as assigned.

Level II (in addition to Level I)

• Work under general supervision on more complex accounting and reporting issues, including sale leaseback transactions.
• Provide enhanced support to finance and enterprise projects.

Level III (in addition to Level II)

• Work with minimal supervision on complex accounting and reporting issues.
• Lead implementation of new accounting standards and projects.
• Provide consultative expertise to management on financial concerns.

Requirements

All Levels

• Bachelor’s degree in accounting or related field; or six (6) years of relevant experience in lieu of degree.
• One (1) year of related experience preferred.
• CPA or advanced degree preferred.
• Public accounting and/or fixed asset and lease experience preferred.
• Understanding of financial statements and GAAP; SAP knowledge preferred.
• Experience with Workday, Lease Query, and related systems preferred.
• Ability to interpret and apply accounting guidance changes.
• Strong communication and collaboration skills across organizational levels.
• Initiative and continuous improvement mindset.
• Ability to manage multiple priorities and work independently.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

Level II (in addition to Level I)

• Two (2) years of related experience.
• Demonstrated understanding of fixed assets, leases, and related accounting.
• Strong communication and interaction skills.
• Ability to manage more complex priorities.
• Broader knowledge of accounting principles.

Level III (in addition to Level II)

• Five (5) years of related experience.
• Advanced understanding of GAAP and SAP.
• Comprehensive knowledge of accounting principles and fixed asset and lease accounting.
• Strong analytical and problem-solving skills.
• Ability to work independently and manage complex, competing priorities.

Physical Requirements

• Ability to travel within the Health Plan service region for meetings and trainings as needed.
• Ability to work from a home office for extended periods to support business continuity.

Compensation & Benefits

• Grade E1: $62,400 - $84,000
• Grade E3: $62,400 - $106,929
• Grade E5: $71,880 - $129,384

Salary varies based on budget, experience, knowledge, skills, education, and internal equity. The salary range is one component of the total rewards package, which may include group health/dental insurance, retirement plan, wellness program, paid time off, and holidays.

Remote work opportunities may be available on a case-by-case basis.

Location

Position may require travel within the Health Plan service region and the ability to work remotely as needed.

Equal opportunity employer committed to non-discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.