Accounting Manager – Operating Expenses and Capital Accounting

Accounting Manager – Operating Expenses and Capital Accounting  

About Forged Fiber  

At Forged Fiber, our mission is bold but simple: deliver fast, reliable, future-proof connectivity that builds the foundation for everything online. As we execute, we believe the right way to do something is the only way. This foundation guides how the company builds, operates, and maintains a state-of-the-art open-access fiber network platform that empowers millions. 

Forged Fiber is about more than building a network. It is about people. Every role matters. Every contribution counts. Together, employees create impact through teamwork, trust, and a shared commitment to excellence. 

The Role  

The Accounting Manager – Operating Expenses and Capital Accounting is responsible for overseeing operating expense accounting, project accounting, and fixed asset accounting in accordance with U.S. GAAP. This role ensures accurate financial reporting, strong internal controls, and consistent application of capitalization and expense recognition standards. The Accounting Manager partners closely with FP&A, Procurement, and Operations to support business decision-making while maintaining compliance and financial discipline. 

Work Location-Hybrid-Denver, CO  

Key Responsibilities 

Operating Expense Accounting 

• Oversee the accurate recording, review, and reconciliation of operating expenses across departments. 

• Ensure expenses are recorded in the proper period and in accordance with U.S. GAAP and company accounting policies. 

• Review monthly close activities, including accruals, prepaid expenses, journal entries, flux analyses, and account reconciliations. 

• Partner with FP&A to support budget-to-actual variance analysis and explain operating cost trends. 

Project Accounting 

• Manage accounting for capital and non-capital projects, ensuring appropriate classification, tracking, and reporting of project costs. 

• Review project cost allocations, accruals, capitalized internal costs, and capitalization timing. 

• Partner with Engineering, IT, Construction, and project management teams to understand project scope and cost drivers. 

• Establish and maintain project accounting controls to ensure costs are approved, supported, and recorded accurately. 

Fixed Assets & Capitalization 

• Oversee fixed asset accounting, including additions, retirements, transfers, depreciation, impairments, and asset reconciliations. 

• Apply and enforce capitalization criteria under U.S. GAAP, including evaluation of: 

• Nature of costs (capital vs. expense) 

• Useful life thresholds 

• Betterments vs. repairs and maintenance 

• Software capitalization (internal-use and cloud-based arrangements, as applicable) 

• Ensure timely capitalization of qualifying costs upon asset placement in service. 

• Maintain and document capitalization policies and procedures; provide guidance to stakeholders on asset treatment. 

• Prepare fixed asset roll forwards and support disclosures for financial statements. 

Close, Controls & Reporting 

• Lead monthly, quarterly and annual close processes for assigned areas. 

• Ensure compliance with internal controls and audit requirements. 

• Serve as a key point of contact for external auditors, preparing schedules and responding to inquiries. 

• Identify process improvement opportunities to enhance efficiency, accuracy, and scalability. 

Leadership & Collaboration 

• Manage, mentor, and develop accounting staff, including performance management and workflow oversight. 

• Provide accounting guidance to team members and cross-functional partners. 

• Support accounting policy development and training related to expense recognition and capitalization. 

What We Look For in a Candidate 

Forged Fiber’s culture is built on honesty, respect, trust, transparency, and a growth mindset. We strive to treat people as they want to be treated, and to operate with consistency, integrity, customer obsession, and courage. We’re looking for top tier talent to join Forged Fiber that can help us bring this mindset to our everyday work and deliver meaningful results. 

Main Requirements 

Qualifications & Experience 

Required 

• Bachelor’s degree in Accounting or Finance (Master’s degree a plus). 

• 6–10 years of progressive accounting experience, including people management. 

• Strong working knowledge of U.S. GAAP, with demonstrated expertise in: 

• Capitalization and fixed asset accounting 

• Project accounting 

• Expense recognition and accruals 

• Strong analytical and problem-solving skills and written and verbal communication. 

• Experience partnering cross-functionally with Operations, FP&A, and project teams. 

• Ability to manage competing priorities in a fast-paced growth environment. 

• ERP system experience (e.g., Oracle, SAP, NetSuite, Workday, or similar). 

• Advanced Excel skills 

Preferred 

• CPA or CPA-eligible strongly preferred. 

• Experience with fixed asset subledgers preferred. 

• Experience in communications, technology, or construction industries. 

Compensation 

This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Individual pay is based on skills, experience and other relevant factors. 

 Location Based Pay Ranges: 

$87,000-$142,000

Forged Fiber offers a comprehensive package featuring a broad range of Health, Life, Voluntary Lifestyle benefits and other perks that enhance your physical, mental, emotional and financial wellbeing.  

What to Expect Next 

Background Screening 

If you are selected for a position, there will be a background screen, which may include checks for criminal records and/or motor vehicle reports and/or drug screening, depending on the position requirements. 

Forged Fiber 37 Services, LLC participates in E‑Verify and will provide the federal government with your Form I‑9 information to confirm that you are authorized to work in the United States. Employers can only use E‑Verify once you have accepted a job offer and completed the Form I‑9. 

NOTE: ONLY INCLUDE IF DRIVING COMPANY VEHICLE This role is predesignated as safety‑sensitive under applicable state laws due to routine work at heights, near utilities, and around live traffic, where impairment poses a significant safety risk.