[Hiring] Manager of Fixed Asset Accounting and Capital Planning @The Carmelite System, Inc.

Role Description

This role oversees all aspects of fixed asset accounting, capital expenditure reporting, and capital planning for a multi-site long-term health care organization. Responsibilities include:

• Accurate capitalization, depreciation, reconciliation, and reporting of property and equipment in compliance with GAAP, Medicare/Medicaid cost reporting requirements, and organizational policies.
• Managing processes across multiple facilities.
• Leading onboarding of new affiliate entities onto ERP Fixed Asset module.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• Minimum of 5 years of progressive accounting experience.
• Experience in health care accounting required; long-term care or skilled nursing strongly preferred.
• Strong knowledge of GAAP related to fixed assets and depreciation.
• Experience with Medicare/Medicaid cost reporting highly desirable.
• Experience with Acumatica ERP system preferred.

Requirements

• Oversee full lifecycle of fixed assets, including acquisition, capitalization, depreciation, transfers, and disposals.
• Ensure proper classification of capital vs. expense items in accordance with GAAP.
• Maintain and reconcile the fixed asset subledger to the general ledger.
• Manage construction-in-progress (CIP) accounting and project closeouts.
• Coordinate and oversee periodic physical inventory of fixed assets across facilities.
• Coordinate with facility preventative maintenance program to optimize capital spend and reduce emergency capital purchases.
• Ensure compliance with U.S. GAAP and CMS reimbursement regulations.
• Support preparation of Medicare and Medicaid cost reports related to capital assets and depreciation.
• Assist with external audits, including preparation of fixed asset schedules and supporting documentation.
• Develop and maintain capitalization policies and internal controls.
• Review and approve capital expenditure requests based on operational performance and cash availability.
• Partner with facility administrators and operations teams on capital planning by facilitating quarterly meetings to review capital purchases and upcoming capital projects.
• Manage and further enhance five-year capital planning process.
• Track capital budgets versus actual spending.
• Provide reporting and analysis on capital investments and asset utilization.
• Support Accounts Payable in the identification of potential capital purchases and appropriate general ledger coding.
• Identify and implement process improvements and automation opportunities.
• Ensure standardized procedures across all facilities.
• Provide training to accounting and operations personnel on capitalization policies.

Benefits

• Competitive Compensation
• Health (Aetna), Dental, Vision, HSA with employer contribution
• Benefits available 1st of the mo. following 30 days
• Flexible Spending Account
• Fully paid Life and Long-Term Disability insurance
• AFLAC and supplemental life insurances
• Retirement Plan
• Student Loan Forgiveness Guidance
• Employee Assistance Program with Discount Marketplace
• Generous Paid-Time-Off with 12 Holidays