Manager of Fixed Assets

Manager Of Fixed Assets

Groundworks is seeking a talented Manager of Fixed Assets to join our tribe in Virginia Beach, VA!

The Manager of Fixed Assets is responsible for overseeing the lifecycle of an organization's tangible and intangible long-term assets, such as property, equipment, vehicles, and buildings. The goal is to ensure accurate financial reporting, regulatory compliance, optimal asset utilization, and cost-effective management. The Manager of Fixed Assets plays a critical role in supporting budgeting, forecasting, and strategic decision-making by providing reliable data on asset values, depreciation, and performance. The role reports to the Director of Corporate Accounting.

Job Responsibilities

• Oversee the acquisition, tracking, depreciation, maintenance, transfer, and disposal of fixed assets. This includes verifying asset existence through physical inventories and updating records for additions, retirements, or disposals.
• Maintain and optimize fixed asset management system (e.g. Microsoft Business Central). Ensure data accuracy, implement controls, and conduct periodic audits to reconcile subledgers with the general ledger.
• Identify and drive process improvements and automation projects to streamline property, plant, and equipment, leases, and intangible assets and reporting cycles.
• Thorough understanding of ASC 842, Leases, and management of the company's lease portfolio
• Oversee the accurate and timely recording of all intangible assets.
• Ensure compliance with internal policies, GAAP, and regulatory standards.
• Maintain and improve accounting systems, workflows, and internal controls.
• Collaborate with FP&A, operations, and other departments for cross-functional alignment.
• Assist in integration efforts for acquisitions.
• Drive process improvement initiatives to increase efficiency and accuracy.
• Prepare ad hoc reports and analysis as requested.
• Perform other accounting-related duties as assigned.

Minimum Requirements

Working Requirements

The Manager of Fixed Assets will be in an office environment with occasional travel. The role is in person at the Virginia Beach Office.

Groundworks is the leading provider of Foundation Repair, Crawl Space Encapsulation, Basement Waterproofing, and Concrete Lifting & Stabilization.

With locations across the USA and Canada, Groundworks is the leading foundation solutions and water management company in North America! Recognized as a Top Workplaces USA company and offering employee ownership for everyone, we're building something that just can't be replicated. And we're on a mission to change an industry like never before! We're unique here at Groundworks. We are all connected through the same vision, mission, and values, and we are stronger together. We're proud to be the Groundworks Tribe!

Our highly trained teams have decades of experience delivering innovative solutions, unmatched quality, and industry-leading warranties, helping homeowners everywhere protect and repair their most valuable asset their home.

When customers choose a local Groundworks company, they can feel confident they're hiring the trusted local experts who will ensure the job's done right.

When you choose Groundworks, you'll join thousands of Tribemates who are making history.