Fixed Asset Specialist
Ring Containers

Oakland, Tennessee


Job Purpose

Responsible for the maintaining of the long-term property and equipment of the company (Ring, Rapac, Ring Canada, and Ring Container Ltd) and the classification and depreciation of them by using standard accounting practices. Performs various accounting activities focusing in the areas of financial analysis, forecasting and budgeting, and fixed assets accounting.

Key Responsibilities and Duties

  • Maintains fixed assets, tracking, disposing, retiring, transferring, and additions in FAS system of controls. Is responsible for the procedures and reporting for all company fixed assets and works closely across the organization to ensure that expenditures are properly classified between capital and expense.
  • Administrator of the FAS/Sage system, performing back-ups and working with IT to install periodic updates.
  • Works closely with the external auditors and tax preparers during the annual audit and tax work.
  • Tracks the compilation of project costs into construction in progress accounts by entity and works with engineering and purchasing departments throughout the projects to properly record, pay, capitalize assets and close out the projects upon completion.
  • Conducts timely fixed asset inventories to validate the accuracy of the records.
  • Maintain current knowledge on best practices regarding fixed assets and tax and book accounting guidelines, especially all topics affecting the capitalization and depreciation of assets. Conducts periodic impairment reviews for intangible assets.
  • Assist in preparation of annual budgets. Primary responsibilities include calculation of depreciation, property tax/ business fees, and specific HQ dept budgets.
  • Assist with monthly closing process including preparing journal entries, maintenance and repair analysis, and etc.
  • Participate in process improvement and automation of processes related to fixed assets, EAM system, and financial reporting resulting in enterprise advancement.
  • Willingness to accept occasional travel for fixed asset audits and annual inventory observations as needed.
  • Prepare financial and accounting analysis completely and accurately.
  • Identify issues proactively and communicate to manager along with potential range of solutions.
  • Assist in the preliminary and annual audit performed by the external auditors, including preparation of equipment audit schedules for the fixed asset accounts as well as accumulated depreciation and preparation of depreciation expense audit schedules.
  • Prepares, updates, and maintains policies and procedures related to capital assets and related topics.
  • Responsible for all property tax filings, payments, and audits.
  • Consistently meet communicated deadlines.
  • Perform other duties as assigned by supervisor.

Experience and Educational Qualifications

Bachelor's degree in accounting or finance. Must have training and knowledge of ERPs (prefer LNCE) and Microsoft office Suite. Three years minimum accounting experience.

Abilities Required

OTHER REQUIREMENTS:

May be required to travel by whatever means company determines most economical. Some overnight travel may be required for fixed asset and inventory audits, etc. Must have excellent oral and written communication skills.

RELATIONSHIPS: Must have good working relationship with plant managers, regional managers, executive staff, and department heads.

  • Must be able to come to work promptly and regularly.
  • Must be able to take direction and work well with others.
  • Must be able to work under the stress of deadlines.
  • Must be able to concentrate and perform accurately.
  • Must be able to react to change productively and to handle other tasks as assigned.


Competencies Required
  • Decision quality
  • Functional/technical skills
  • Problem solving
  • Informing
  • Peer relationships
  • Learning on the fly
  • Technical learning
  • Action oriented
  • Creativity
  • Organizing
  • Perseverance
  • Listening to others
  • Composure


Physical Activity Required:

Stooping:

Bending body downward and forward by bending spine at waist. This requires the full use of the lower extremities and back muscles.

Crouching:

Bending body downward and forward by bending legs and spine.

Reaching:

Extending hand(s) and arm(s) in any direction.

Pushing:

Using upper extremities to press against something with steady force in order to thrust forward, downward or outward.

Pulling:

Using upper extremities to exert force in order to draw, drag, haul or tug objects in a sustained motion.

Grasping:

Applying pressure to an object with the fingers and palm.

Feeling:

Perceiving attributes of objects, such as size, shape, temperature or texture by touching with skin.

Fingering:

Picking, pinching, or otherwise working primarily with fingers rather than with the whole hand or arm.

Talking:

Expressing or exchanging ideas by means of the spoken word. This includes activities where detailed or important spoken instruction must be conveyed to other workers accurately, loudly, or quickly.

Hearing:

Perceiving the nature of sounds with no less than 40 dB at 500 Hz, 100 Hz, and 2000 Hz with or without correction. Able to receive detailed information through oral communication and to make fine discriminations in sound, such as when making fine adjustments on machine parts.

Repetitive Motion:

Substantial movements of the arms, hand and/or fingers.

Vision:

Must be able to prepare and analyze data and figures. Eye sight capable of seeing small defects at distances close to the eyes.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Ring Container Technologiesis an equal opportunity employer. It is the policy of Ring to apply recruiting, hiring, training, promotion, compensation and professional development practices without regard to actual or perceived race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, age (40 or older), disability or certain classifications based on genetic information.



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