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PURPOSE:
The fixed asset analyst position is accountable for recording the cost of newly-acquired fixed
assets (both tangible and intangible), tracking existing fixed assets, recording depreciation, and
accounting for the disposition of fixed assets.
SUPERVISION:
RESPONSIBILITIES:
Create and monitor a system of controls, procedures, and forms for the recording of
fixed assets.
Recommend to management any updates to accounting policies related to fixed assets.
Assign tag numbers to fixed assets.
Record fixed asset acquisitions and dispositions in the accounting system.
Track the compilation of project costs into fixed asset accounts, and close out those
accounts once the related projects have been completed.
Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account
in the general ledger.
Calculate depreciation for all fixed assets.
Review and update the detailed schedule of fixed assets and accumulated depreciation.
Calculate asset retirement obligations for those fixed assets to which AROs are
applicable.
Investigate the potential obsolescence of fixed assets.
Conduct periodic impairment reviews for intangible assets.
Conduct periodic physical inventory counts of fixed assets.
Recommend to management whether fixed assets should be disposed of.
Conduct analyses related to fixed assets as requested by management.
Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
Prepare property tax returns as needed.
Track company expenditures for fixed assets in comparison to the capital budget and
management authorizations.
QUALIFICATIONS:
Must be in agreement with and committed to upholding RZIM’s Statement of Faith and
Statement of Values, as well as its stated Mission and Vision.
Must be able to handle sensitive figures and accounts in an appropriate manner.
Fixed asset accounting experience a plus. Bachelor's degree in accounting preferred.
Intermediate knowledge of Excel and basic knowledge of Word is required.
Must be detail oriented, a self-starter, and have a high aptitude for accounting concepts.
Must have organizational skills and ability to focus on strategic areas of responsibility.
Must be a team player and be willing to receive and act on direction.
Must be proactive in learning new ideas and procedures that may be required as the
ministry grows
Strong, effective written and spoken communication skills with an ability to
communicate cross-culturally with an internationally diverse team
Evidence of and a commitment to practice a high level of confidentiality.