Oct 08, 2021

Capital Asset Accountant

  • OneTrust
  • Manchester, CT, United States

✍🏾Job Description

The Capital Asset Accountant will play a vital role in the Controller’s department. The job of a Capital Asset Accountant lies in monitoring the capital assets of the organization including keeping track of the Company’s capital assets for initial recognition, disposals, and changes in the Company’s books and records. The Capital Asset Accountant will also be primarily responsible for planning and forecasting of future asset spend and tracking actual spend versus budget and forecast. This position will facilitate the Company’s internal controls around capital assets including asset approvals, depreciation review, and developing strong processes around the Company’s capital asset processes.

This role will provide exposure to many different areas of the business and allow for direct relationships with leaders of the company.

We are a growing team helping to drive decision-making in a growing business, and we are always looking for new and better ways to perform our functions.

Job Responsibilities

  • Driving an efficient process for managing capital assets

  • Initial recognition of capital assets

  • Monitoring of capital assets for changes or disposals

  • Calculation and review of depreciation

  • Reconciliation of the capital asset accounts

  • Facilitate planning and forecasting of capital spend

  • Ensure company compliance with capital asset internal controls

  • Key member and secretary of the company’s capital committee

  • Responsible for budget and forecast versus actual explanations

  • Assist with external financial statement audits

  • Ownership of personal property tax records as they relate to capital assets.  Assist in tax reporting and tax audits as they arise.

  • Perform ad-hoc analyses and projects as needed


While this is not a supervisory position with direct reports leadership opportunities will be common. Supporting the finance group and operational business partners will require ownership of all aspects of capital assets. A detail-oriented and organized individual is best-suited for this role. Individuals seeking this position should be comfortable working in a fast-paced environment and have strong critical thinking and problem-solving skills. This position reports directly to the Controller and will have many learning and growth opportunities.

Supervisory Responsibility


Work Environment

This job will be performed in a mix of the corporate office building and remote from home. We work collaboratively as a team and are in regular communication even when remote.

Required Education and Experience

  • Bachelor’s degree in accounting with a detailed understanding of US GAAP

  • Minimum three years of experience in an accounting environment, preferably with prior capital asset accounting experience

  • Demonstrated success working independently and collaboratively

  • Strong project management, analytical, investigative, and problem-solving skills

  • High degree of proficiency in Microsoft Office, including Excel

  • Excellent written and oral communication skills

  • Analytical and investigative mindset and skills

  • Experience preparing journal entries, account reconciliations, and budget analyses

Preferred Education and Experience

  • Experience with SAP and Hyperion/Oracle Cloud

  • Experience using reporting software or writing reports

Bob’s Discount Furniture is proud to be an Equal Opportunity Employer and is committed to reasonably accommodating qualified persons with disabilities to enable them to perform the essential duties of their position.