Fixed Asset Manager
Our client in the rail transportation and leasing industry are looking for a new Fixed Asset Manager to join their growing team based in London. Reporting into the Senior Finance Manager, this is a key role to assist with the management of the companies stock of fixed assets and provide accurate and timely reporting.
Key responsibilities
* Own and manage the fixed asset register, including asset additions, disposals, depreciation, revaluations, impairments, and lifecycle accounting in line with IFRS and local GAAP.
* Oversee IFRS 16 lease accounting, including component accounting, recognition, measurement, and ongoing compliance across the leased asset base.
* Ensure accurate setup, maintenance, and reporting of fixed assets within D365 and downstream reporting tools (Power BI, Vena, commercial reports).
* Manage accounting for heavy maintenance activities, assessing costs for capitalisation or expensing in accordance with component accounting policy.
* Oversee short- and long-term heavy maintenance planning, ensuring alignment between technical maintenance schedules and financial records.
* Maintain robust controls over investment projects and assets in progress (AIP), including reconciliations and timely capitalisation.
* Ensure fixed assets are correctly reflected in the trial balance, management accounts, statutory accounts, and balance sheet disclosures.
* Perform and document asset impairment reviews, providing evidence and support for internal and external audit requirements.
* Lead Purchase Price Allocation (PPA) asset accounting, including setup, depreciation, and reconciliations where applicable.
* Act as the primary finance liaison with Technical and operational teams to ensure accurate accounting of full-service and heavy maintenance costs.
* Manage rolling stock insurance accounting, including declarations, forecasting, budgeting, and related reporting.
* Support internal and external audits, responding to audit queries and maintaining strong audit trails.
* Maintain and update fixed asset accounting policies, and deliver ad hoc financial analysis, reporting, and system improvement initiatives.
The ideal candidate will be a qualified accountant, or qualified by experience with strong exposure to fixed asset management and general financial reporting. This is quite a technical position requiring someone who is happy with hands on reporting and analysis. Strong systems exposure including excel will be needed, a long with general collaborative ability, able to communicate through multiple business lines and across the finance team.
If you are looking for an exciting new role in finance, apply online now!