Provide technical guidance to accounting teams and financial partners on fixed asset qualifications, capitalization criteria, and useful life determinations.
Maintain up-to-date knowledge of accounting standards relevant to fixed assets (e.g., ASC 360, IAS 16).
Review and approve capital acquisition requests from business partners, ensuring adherence to approval limits and capital policies.
Monitor and reconcile construction-in-progress (CIP) accounts, ensuring timely capitalization of completed assets.
Coordinate and review depreciation accruals, impairment assessments, and adjustments for delayed capitalizations.
Partner with FP&A, Operations, and Project Management teams to review project spending, validate CIP balances, and ensure accuracy of capitalized costs.
Lead the improvement of current fixed asset accounting and reporting processes.
Assist with property tax reporting and other various compliance reporting.
Ensure adherence to internal control requirements under SOX and Thermo Fisher’s global accounting policies.
Design the physical inventory counts and the labeling of fixed assets.
Support internal and external audits by providing detailed schedules and documentation.

Requirements

A Bachelor’s Degree is required, ideally in Finance or Accounting.
Candidates should have 4 to 6 years of accounting experience.
At least 2 of those years must focus on fixed asset accounting.
Experience in manufacturing or industries with significant capital investment is highly advantageous.
Experience operating within a large ERP system environment (e.g., Oracle, SAP, NetSuite).

Benefits

A choice of national medical and dental plans, and a national vision plan, including health incentive programs
Employee assistance and family support programs, including commuter benefits and tuition reimbursement
At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy
Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills

fixed asset accountingcapitalization criteriadepreciation accrualsimpairment assessmentscapital policiesproperty tax reportinginternal control requirementsfinancial reportingconstruction-in-progress (CIP) reconciliationaudit support

Soft skills

technical guidancecollaborationprocess improvementattention to detailcommunication