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Job Description
Staff Accountant (Fixed Assets & Inventory) | Transcat
The Tone:
This is a full-time role at Transcat. Transcat is a leading calibration and compliance services provider, serving vital industries including life sciences, aerospace, defense, energy, and utilities. The company delivers on its ‘Trust in Every Measure’ promise through its dedicated employees. This Staff Accountant role ensures the accuracy, integrity, and SOX compliance of the company’s fixed asset, rentals, and inventory accounting processes, contributing directly to the financial health and operational transparency of Transcat.
The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person
• Pay: $70000–$80000 yearly
• Team: Assists the Senior Accountant
• Mission: Ensure the accuracy, integrity, and SOX compliance of the Company’s fixed asset, rentals, and inventory accounting processes.
• Tech Stack: AS400, SAP, Oracle, NetSuite, Workday, Excel
What You’ll Actually Do
• Fixed Assets & Inventory Accounting: Execute asset and inventory accounting processes in accordance with US GAAP and company policies, including maintaining fixed asset subledger entries for capitalization, depreciation, impairments, transfers, and disposals, and ensuring appropriate classification.
• Capital Expenditures, Approvals & ROI Oversight: Partner with Finance, Operations, and business leaders to support Capex request reviews, approvals, and financial justifications, while tracking approved projects against budget and investigating variances.
• SOX Compliance & Internal Controls: Prepare comprehensive support for internal control activities, maintain documentation in an organized, audit-ready manner, and assist with gathering necessary documents for audit requests.
• Financial Close & Audit Support: Prepare accurate journal entries, complete account reconciliations, and develop supporting schedules for month-end close, actively researching and resolving reconciling items and variances.
• Process Improvement & Leadership: Participate actively in the continuous improvement of accounting processes and internal controls, supporting ERP implementations or control automation initiatives with a strong risk-based mindset.
The Must-Haves
• Background: Bachelor’s degree in accounting. This role is suited for an early career professional with a solid understanding of US GAAP and SOX 404 compliance.
• Experience: 1-3 years of relevant experience, with a preference for experience gained in Big 4 audit and/or with Fixed Assets. Demonstrated experience executing and supporting audits is required.
• Skills: Highly organized, detail-oriented, and control-focused, with the ability to take ownership over assigned tasks. Must be a confident communicator with management, auditors, and cross-functional partners, and possess advanced Excel skills.
• Bonus: CPA preferred. Exposure to SOX-heavy public company environments, experience with Fixed Asset Software, and familiarity with analytics or BI tools are a plus.