University of Virginia · 5 hours ago
Asset Manager
The University of Virginia is seeking an Asset Manager to oversee the organization’s capital asset management functions. This role involves ensuring effective asset tracking, financial analysis, and compliance with accounting standards while collaborating with internal teams and supervising the asset management team.
Higher Education
Responsibilities
Oversee and manage all organizational assets, ensuring compliance with capitalization procedures and accounting principles
Supervise asset management personnel and provide guidance on best practices for tracking and reporting fixed assets
Conduct financial analysis of capital assets to assess performance, identify trends, and inform strategic decision-making
Prepare and review detailed reports on asset depreciation and overall asset lifecycle management
Assist in the development and oversight of the Equipment Trust Fund (ETF) process
Ensure adherence to Governmental Accounting Standards Board (GASB) regulations and internal policies regarding capital asset management
Collaborate with procurement, operations, and finance teams to enhance asset management strategies
Coordinate with project teams to ensure Capital Improvement Projects (CIP) are accurately recorded and placed into service in a timely manner
Oversee and coordinate physical inventory procedures to ensure asset records align with actual holdings
Develop, implement, and maintain standard operating procedures for managing fixed assets
Perform additional asset management-related duties as required
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
3+ years of progressively responsible accounting and/or fixed asset experience (preferably in higher ed, nonprofit, or governmental/fund accounting environment)
Proven ability to identify and resolve reconciliation discrepancies and recommend process improvements
Experience with asset tracking systems and financial reporting tools
Knowledge of capital asset accounting principles and GASB regulations
Strong technical skills: advanced Excel (pivot tables, VLOOKUP, etc.), familiarity with accounting software, and financial reporting tools
Significant work with complex reconciliations, cross-fund transfers, and financial analysis
Experience with reconciling complex accounts, journal entries, and month-end close
Excellent analytical, problem‐solving, and attention to detail
Strong communication skills — able to explain issues to non-accounting stakeholders
Ability to prioritize, work independently, and manage multiple deadlines in a dynamic environment
Ability to work both independently and collaboratively within a team
Preferred
5+ years of experience in a government, public sector, or large corporate asset management environment
Proficiency with enterprise resource planning (ERP) such as Workday or fixed asset management software
Company
University of Virginia
The University of Virginia was founded in 1819 as the model for modern universities that has since been emulated all over the world.
Funding
Current Stage
Late StageRecent News
The Republic Reporter
2024-02-29
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