Fixed Assets and Capital Improvements Accounting Manager
Controllers Office - 415100
Description of University
Appalachian State University, in North Carolina’s Blue Ridge
Mountains, prepares students to lead purposeful lives as global
citizens who understand and engage their responsibilities in
creating a sustainable future for all. The transformational
Appalachian experience promotes a spirit of inclusion that brings
people together in inspiring ways to acquire and create knowledge,
to grow holistically, to act with passion and determination, and
embrace diversity and difference. As one of 17 campuses in the
University of North Carolina system, Appalachian enrolls more than
20,000 students, has a low student-to-faculty ratio and offers more
than 150 undergraduate and graduate majors.
Bachelor’s degree in accounting or Bachelor’s degree in business or
related discipline with 12 credit hours of accounting coursework
and 5 years of progressive accounting experience; or an equivalent
combination of training and experience. All degrees must be
received from appropriately accredited institutions.
Essential Duties and Responsibilities
The Fixed Assets & CI Accounting Manager will be responsible
for the accounting, financial reporting, compliance and management
of the University’s capital assets and capital improvements. The
position will serve on the fiscal year end reporting team and has
responsibility for completing portions of the year end ACFR
package, University financial statements, and note disclosures. The
duties of the Accounting Manager are as follows.
Capital Improvements (CI):
- Manages fixed assets disposal, transfers, and adjustments.
- Reviews and approves the fixed assets monthly reconciliation
and completes monthly fixed assets expense elimination
- Leads the journey level accountant to complete asset spot
checks, tagging, annual training, annual inventory, and other fixed
assets procedures outlined in the System Office Business Process
- Reviews and implements changes to the University’s fixed asset
Financial Reporting & Other Duties:
- Supervises the journey level accountant responsible for
processing the weekly CI vendor invoices and weekly
- Completes monthly reconciliation procedures to State budget
reports, including reclassification entries, CI monthly
reconciliation, work-in-progress, and arbitrage reporting.
- Creates fund and attribute codes, establishes the budgets, and
sets up the project tracking sheets for new CI projects, and
processes requisitions and budget transfers.
- Maintains positive balances for all capital improvement
projects and provides adequate approved allotments of funds.
- Analyzes, reviews, and integrates CI budget related information
and guidance received from multiple internal and external offices
including the UNC System Office, Office of State Budget &
Management ( OSBM ), Office of State Controller ( OSC ), as well as
the ASU Controller’s Office and Budget Office.
- Serve as a resource to the Office of Design & Construction,
Office of Vice Chancellor for Finance & Operations, Budget
Office, the University Controller’s Office regarding financial and
budgeting matters on capital projects. Collaborates with various
stakeholders to resolve accounting, budget, and other related
Suggested Salary Range
- Performs the year end fixed assets closing procedures,
including but not limited to depreciation calculation and posting,
asset useful life evaluation and updates, building inventory,
library books, intangible assets, building impairments, and loss on
- Performs the year end capital improvements procedures,
including but not limited to capital improvements close out and
balancing to State CI budget reports, review of assets to
capitalize (reclassify from construction in progress), CI accounts
payable accrual, CI retainage accrual, and construction-in-progress
- Serves as a member of the Financial Reporting team within the
Controller’s Office and independently completes fixed assets and CI
related worksheets, notes, and disclosures.
- Assists the Director of Financial Reporting in implementing new
GASB standards and requirements, new policies and procedures,
and/or new systems related to fixed assets and capital improvements
- Special projects and other duties as assigned.
$80,000 - $83,876
Physical Demands of Position
Typical office environment with long periods sitting at a
Special Instructions to Applicants
Please attach required documents:
List a minimum of 3 professional references with contact