Northern Kentucky University · 2 months ago
Capital Asset Accounting Manager
Highland Heights, KY
Full-time
Onsite
Mid, Senior Level
$56K/yr - $56K/yr
4+ years expNorthern Kentucky University is seeking a Capital Asset Accounting Manager to oversee budgetary and accounting management of all capital projects. The role involves maintaining fixed asset inventory, analyzing general ledger accounts, and ensuring compliance with financial regulations.
EducationHigher EducationUniversities
Responsibilities
Analyze and reconcile general ledger and subsidiary records for all property, plant and equipment accounts which includes all construction and renovation projects, fixed and moveable equipment and capital debt accounts. Follow up on discrepancies and make correcting entries
Set up and maintain budget and accounting records for new construction and renovation projects. Reconcile to state reports that are downloaded daily from the state’s financial system for all projects requiring state authority. Work directly with project administrators and state employees regarding problem resolution for incorrect classification or posting of accounting information
Review all purchase orders greater than $500 to ensure all capital items have been identified and correctly created as a capital asset or low value asset in the SAP system. Create assets for each line of the PO that meet the University capitalization or inventory policy. Properly allocate all costs to each asset including freight and installation
Coordinate tagging process for capital equipment and low value assets. Run SAP receiving report daily to determine assets needing to be tagged. Contact departments about tagging the items. Physically tag items and enter into SAP detailed asset information such as tag number, serial number, model number, description and custodian
Supervise 50% of the duties for a staff accountant as well as student worker who assists with functions of this position
Prepare monthly reconciliations of inventory system reports to accounting system entries for capital equipment and fixed assets; resolve discrepancies, prepare necessary schedules and correcting journal entries
Prepare annually all property-related journal entries, supporting work papers and lead sheets for the University’s financial statements, Council on Postsecondary Education reports, IPEDS and other similar reports
Handle annual verification of equipment by University departments. Process includes preparing SAP inventory report, coordinating the process with University departments, reviewing completed verifications for corrections, recording necessary information and following up with departments regarding missing information
Settle all construction and renovation project internal orders in SAP monthly to correctly record construction in progress. Assets under construction are maintained through a monthly process of settling multiple internal orders for each construction project. The orders are then reviewed line by line and capitalized to individual assets or expensed as deemed appropriate
Recommend and implement fixed asset capitalization, disposal and depreciation policies to provide accurate information to be used in financial statement presentation in accordance with GASB pronouncements
Qualification
Required
Bachelor's degree in accounting
4 years of related experience
Thorough knowledge of generally accepted and established accounting principles and practices preferably in a Higher Education environment
Knowledge of relevant regulations, standards, and compliance requirements
Adept at conducting internal and external financial reporting and analysis ensuring accurate and compliant documentation of financial information
Demonstrated ability to collaborate and communicate effectively with various university departments
Proficiency in Microsoft office applications
Experience with ERP systems, preferably SAP
Company
Northern Kentucky University
Northern Kentucky University based in Kentucky with nearly 16,000 students on a suburban campus just across the river from Cincinnati.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$6.76MKey Investors
National Science FoundationHealth Resources and Services AdministrationAmeriCorps Public Allies
2025-05-27Grant· $0.3M
2024-10-01Grant· $2.4M
2024-08-05Grant· $0.26M
Leadership Team
Zac Strobl
Director/Co-Founder - The INKUBATOR
Bonita Brown
Vice President and Chief Strategy Officer
Recent News
2025-12-02
Lane Report | Kentucky Business & Economic News
2025-10-31
Lane Report | Kentucky Business & Economic News
2025-10-24
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