Fixed Asset Accountant

Job Description

Fixed Asset Accountant | Regency Centers

The Tone:
This is a hybrid role at Regency Centers, located in Jacksonville, FL. The company is a vertically integrated real estate investment trust (REIT) that owns and operates premier shopping centers in suburban neighborhoods across the country, guided by a strong set of values for over 60 years. This role is crucial for maintaining financial integrity by accurately managing fixed asset transactions, ensuring compliance with GAAP and company policy, and supporting various internal departments with critical financial data and analysis.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid Jacksonville, FL

• Mission: Ensure accurate fixed asset accounting, compliance with GAAP and company policy, and timely reporting by reviewing transactional activities, managing asset masters, and reconciling the fixed assets subledger.
• Tech Stack: Microsoft Office Suite, Nexus

What You’ll Actually Do
• Manage fixed asset transactional activities: Review unposted reports, create and post Asset Masters for lease and non-lease related assets, and reconcile the fixed assets subledger to the general ledger monthly.
• Ensure proper capitalization and PO management: Review capital asset transactions in Nexus for GAAP and company policy compliance, create and upload purchase orders for deal-related costs, and update existing POs as needed.
• Compute and report depreciation: Generate and document depreciation schedules for all assets, prepare month-end depreciation reports, support the month-end close process, and update the Fixed Asset Subledger for lease terminations.
• Execute asset disposal processes: Run disposal programs for non-lease related assets (moveouts, property disposition, demolition, write-offs from natural disasters) and validate disposal reports accordingly.
• Provide reporting, analysis, and internal support: Perform ad-hoc reporting (e.g., capital expenditures, fixed asset roll-forwards, footnotes), conduct analyses (e.g., impairment, property demolition), support internal departments with information requests, and review ASC 805 asset acquisitions.

The Must-Haves
• Background: Bachelor’s degree in Accounting, Finance, or a related field.
• Experience: At least 1 year of experience in a similar position.
• Skills: Strong attention to detail, commitment to accuracy and quality, priority setting/organization/time-management, strong understanding of GAAP’s capitalization policies, ability to perform multiple tasks and work in a team environment.
• Bonus: Intermediate level proficiency with Microsoft Office Suite.