Senior Accountant (ASC 842)

Alliance Resource Group

  • Los Angeles, CA
  • 30+ days ago

    Highlights

    Calculate and record depreciation for fixed assets following GAAP and ensure accurate monthly, quarterly, and annual financial reporting. Support day-to-day accounting operations with an emphasis on improving current processes, focusing on automation.

    Numbers & Facts

    LocationLos Angeles, CA

    Description


    You Will

    • Prepare and record journal entries and reconciliations, ensuring accuracy in financial reports.

    • Conduct monthly account reconciliations and detailed flux analysis as part of our overall analytical

    review (OAR).

    • Develop and document policies, procedures, and best practices to streamline operations.

    • Lead process improvement initiatives in collaboration with cross-functional teams.

    • Assist in review and management of fixed asset accounts, ensuring proper account coding in

    accordance with the capitalization policy.

    • Maintain and update the fixed asset register, tracking asset acquisitions, disposals, and transfers.

    • Calculate and record depreciation for fixed assets following GAAP and ensure accurate monthly,

    quarterly, and annual financial reporting.

    • Perform regular reconciliations of fixed asset accounts, resolving discrepancies to maintain the

    integrity of financial data.

    • Monitor capital expenditures (CapEx) and ensure proper classification and documentation for

    compliance with company policy and accounting standards.

    • Support and improve fixed asset accounting processes, ensuring accuracy in asset management

    and compliance with company policy.

    • Work with project management teams to correctly classify assets under construction or in use.

    • Prepare asset reports that include aging schedules, useful life analysis, and impairment

    assessments.

    • Assist in providing audit support for fixed asset transactions and accounting treatment.

    • Assist in identifying opportunities for process improvements in fixed asset management, helping

    automate and enhance the efficiency of accounting processes.

    • Prepare detailed fixed asset disclosures for monthly, quarterly, and annual financial reports.• Support day-to-day accounting operations with an emphasis on improving current processes,

    focusing on automation.

    • Partner with colleagues involved in operations to provide accurate, complete, and timely

    operational financial statements.

    • Assist in the preparation and maintenance of lease schedules, ensuring compliance with ASC 842.

    • Participate in required SOX compliance control testing and support audit processes.

    • Analyze variances among actual, budgeted, and forecasted data, providing detailed explanations of

    underlying causes.

    If You Are

    • A critical thinker with strong problem-solving skills who can prioritize effectively in a fast-paced

    environment.

    • A professional with excellent communication and interpersonal skills who can build collaborative

    relationships with colleagues and stakeholders.

    • A structured and organized individual with the ability to work independently or as part of a team.

    • A motivated self-starter with a curiosity for understanding complex financial and operational

    systems.

    To Ensure Success In This Role, You Must Have

    • Bachelor’s degree in Finance, Accounting, Business, or a related field.

    • A minimum of 4+ years of professional experience in a fast-paced environment.

    • Strong knowledge of Generally Accepted Accounting Principles (GAAP), including fixed asset

    management and ASC 842 lease accounting.

    • Expertise in budgeting, forecasting, account reconciliations, and financial statement preparation.

    • Advanced quantitative, analytical, and problem-solving skills with exceptional attention to detail.

    • Strong Excel skills, including Pivot Tables and Vlookups; experience with Microsoft Dynamics Great

    Plains is a plus.

    • A strong work ethic, high level of accountability, and demonstrated initiative.

    • Exceptional organizational skills with the ability to manage multiple priorities and meet deadlines.

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