State of Colorado
Fixed Assets Accountant (Accountant III) - Denver
State of Colorado, Denver, Colorado, United States, 80285
This position is only open to Colorado state residents.
About CDOT
CDOT employees make a difference by providing freedom, connection, and experience to the traveling public, while also keeping them safe. The State of Colorado offers competitive medical, dental and vision insurance, life and disability insurance, and flexible spending and health savings accounts.
CDOT’s strength is our people, and our commitment to our people is to shape, support, and sustain the employee experience, and ultimately, create a supportive workplace where everyone, regardless of gender, race, ethnicity, religion, national origin, age, sexual orientation, gender identity, citizenship status, education, disability, socio-economic status, or any other identity, has the opportunity to thrive.
The eligible list created from this announcement may be used to fill current and future vacancies for a period of up to 6 months.
About the Work Unit
The Center of Accounting (CFA) performs and/or oversees all accounting functions for CDOT and its Enterprises related to contract execution, accounts payable, accounts receivable, general ledger, treasury/cash/debt management, payroll and timesheet processing, fixed assets, construction and grant project accounting, federal aid billing, rate allocation programs, and the annual financial audit of the department.
About the Position
The Fixed Assets Accountant position will work on Fixed Assets, Reconciliations, Internal Control, and provide General Accounting Supervisory back-up support.
Your duties and responsibilities
will include, but are not limited to, the following: Serve as the Staff Authority on Fixed Assets (FA) and will oversee the FA process from the inception to the conclusion; Investigate, analyze and prepare monthly and year-end reconciliations and transactions for fixed assets additions, deletions, and transfer in SAP Fixed Assets Module. Ensure Inventory Change Form 130 is received for all road and non-road equipment additions, deletions, and transfer; Review of capital expenditure accounts, ensuring expenditures qualify for capitalization, creating assets shells in SAP, reconciling expenditures to fixed assets additions, and preparing related accounting entries in SAP and the Colorado Resource Engine (CORE) per GAAP and state and federal rules; Investigates and corrects any variances between SAP and CORE; Ensures an annual physical inventory of fixed assets completed along with any consumable inventories CDOT has in order to comply with reporting any consumable inventory meeting the States threshold as reported in the State Fiscal Procedures Manual at year-end; Investigates, analyzes and corrects any issues identified per GAAP ensuring balances between SAP and CORE are accurate and complete; Experience Only Experience must total 8 years and include: Four years of professional auditing or accounting experience AND at least four years of professional accounting experience, one (1) year of which must have been fixed asset accounting experience. Definition: Fixed Assets Fixed assets are long-term tangible resources like buildings, machinery, and vehicles that a company uses to operate its business and are not expected to be sold or depleted within a year. These assets are listed on a company's balance sheet as property, plant, and equipment (PP&E) and are subject to depreciation to account for wear and tear over time. Conditions of Employment Must pass a pre-employment screening which may include social security number trace, criminal records check, public court records check, educational records, and driving records checks. Preferred Qualifications Demonstrated success with the duties listed in the Description of the Job section; Years of State service experience related to the duties of this position; Highest work/personal ethics and integrity; A Bachelor's Degree or higher in Accounting; Comprehensive knowledge of general accounting practices and standards, including GAAP, GASB, FASB, State Fiscal Rules, State financial reporting, State Auditor requirements, enterprise regulations and Federal regulations; The State of Colorado is an equal opportunity employer and is committed to creating a Colorado for All by building and maintaining workplaces that value and respect all Coloradans through a commitment to equal opportunity and hiring based on merit and fitness.
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will include, but are not limited to, the following: Serve as the Staff Authority on Fixed Assets (FA) and will oversee the FA process from the inception to the conclusion; Investigate, analyze and prepare monthly and year-end reconciliations and transactions for fixed assets additions, deletions, and transfer in SAP Fixed Assets Module. Ensure Inventory Change Form 130 is received for all road and non-road equipment additions, deletions, and transfer; Review of capital expenditure accounts, ensuring expenditures qualify for capitalization, creating assets shells in SAP, reconciling expenditures to fixed assets additions, and preparing related accounting entries in SAP and the Colorado Resource Engine (CORE) per GAAP and state and federal rules; Investigates and corrects any variances between SAP and CORE; Ensures an annual physical inventory of fixed assets completed along with any consumable inventories CDOT has in order to comply with reporting any consumable inventory meeting the States threshold as reported in the State Fiscal Procedures Manual at year-end; Investigates, analyzes and corrects any issues identified per GAAP ensuring balances between SAP and CORE are accurate and complete; Experience Only Experience must total 8 years and include: Four years of professional auditing or accounting experience AND at least four years of professional accounting experience, one (1) year of which must have been fixed asset accounting experience. Definition: Fixed Assets Fixed assets are long-term tangible resources like buildings, machinery, and vehicles that a company uses to operate its business and are not expected to be sold or depleted within a year. These assets are listed on a company's balance sheet as property, plant, and equipment (PP&E) and are subject to depreciation to account for wear and tear over time. Conditions of Employment Must pass a pre-employment screening which may include social security number trace, criminal records check, public court records check, educational records, and driving records checks. Preferred Qualifications Demonstrated success with the duties listed in the Description of the Job section; Years of State service experience related to the duties of this position; Highest work/personal ethics and integrity; A Bachelor's Degree or higher in Accounting; Comprehensive knowledge of general accounting practices and standards, including GAAP, GASB, FASB, State Fiscal Rules, State financial reporting, State Auditor requirements, enterprise regulations and Federal regulations; The State of Colorado is an equal opportunity employer and is committed to creating a Colorado for All by building and maintaining workplaces that value and respect all Coloradans through a commitment to equal opportunity and hiring based on merit and fitness.
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