Accountant- Asset Management

To perform asset management accounting and reporting. Prepares and reviews capital purchases for input into Peoplesoft Asset Management. Prepares monthly reconciliations and journal entries.

Input asset additions for new asset purchases and newbuilding construction into the Peoplesoft system, complete reconciliations onasset accounts and perform physical inventories of capital assets.


Responsibilities
·Physical Inventory
Coordinate and perform periodic physical inventories of CCHMC assets. Reconcile inventory results to Asset Management records. Retire or transfer any assets that were removed from service or transferred to another area. Review any retirements with a remaining net book value with management prior to retiring from AM. Apply asset tags to any assets not previously tagged.
·Asset Additions
Review accounts payable vouchers paid to asset clearing account and supporting documentation to ensure assets are being capitalized in accordance with the medical centers established capitalization policy. Load accounts payable vouchers into asset management and make sure correct asset lives and in service dates are assigned to each asset. Contact the requesting department to apply asset tags to equipment placed in service.
·Projects
Review project invoices, make sure all sub-contractors invoices or supporting documentation is provided and calculates to the correct total invoiced amount. Track all accounts payable payments, journal entries and cost transfers for all projects. Tie out individual project totals to the Construction in Progress (CIP) reconciliation. When project is completed, ensure all costs are grouped together by asset profile and added to Asset Management with the appropriate project end date, department and profile ID to begin depreciation. Prepare cost adjustments for any accounts payable vouchers payments received after project close date and make sure the correct date is used to reflect the date of the additional work being performed.
·Month End
Add asset additions and project additions to Asset Management prior to close of AM. Reconcile Asset Accounts to General Ledger for monthly asset additions and any partial reconciling items from previous month. Prepare any necessary journal entries to expense items that should not have been capitalized or any adjusting entries as needed.
·Systems
Provide help with testing of any upgrades to Peoplesoft Asset Management systems. Respond to departmental inquiries concerning capital purchases or provide reporting as requested.

Skills & Competencies
·Diversity Appreciation
Understanding and showing respect and appreciation for the uniqueness of all individuals; leveraging differences in others' perspectives and ideas; appreciating cultural differences and adjusting one's approach to successfully integrate with others who are different from oneself
·Knowledge of Field - Intrm
Knowledge of regulations, procedures and best practices in field
·MS Office - Intermediate
Proficient in Microsoft Office programs
·Organization
Strong organizational and project management skills to handle projects independently.
·Professional Demeanor
Demonstrates an independent work initiative, sound judgment, diplomacy, tact and professional demeanor
·Communication
Excellent verbal, written and/or interpersonal communication skills

Required:
·Bachelor in Accounting OR Equivalent

Preferred:
·1 year related experience