Accountant Fixed Assets
Coborn's, Inc., Saint Cloud, MN, United States
Overview
Coborn’s is looking for a Staff Accountant – Fixed Asset to take the lead on the full lifecycle of our capital investments—from the moment a project is approved to the day an asset is retired. You’ll oversee fixed assets, Construction in Progress (CIP), and equipment leases with precision and purpose.
Responsibilities
Own and support the Capital Acquisition Request (CAR) process to ensure capital spend is properly approved, documented, and tracked.
Serve as the go‑to expert on capitalization and lease accounting policy, guiding teams on capital vs. expense decisions.
Build and maintain strong controls to safeguard company assets throughout their lifecycle.
Monitor and manage Construction in Progress (CIP), ensuring projects are capitalized accurately and on time.
Partner with Project Managers and operational leaders to track budgets, timelines, and project performance.
Provide proactive insight when projects approach key milestones or exceed approved budgets.
Own the fixed asset subledger and ensure accurate month‑end reconciliation to the general ledger.
Record depreciation, asset transfers, retirements, and capitalization entries.
Maintain rollforwards for CIP, fixed assets, depreciation, and leases.
Oversee property tax accounting, accruals, and payments.
Manage the full lease lifecycle, including new leases, renewals, modifications, and terminations (ASC 842).
Maintain accurate asset inventory and identify aging, impaired, or obsolete assets.
Prepare audit‑ready documentation and support internal, external, and governmental audits.
Deliver clear reporting and analysis related to capital investments and asset activity.
Qualifications
Associate’s degree in Accounting, Finance, Business, or related field or equivalent relevant experience; Bachelor’s degree preferred.
2‑5 years of accounting experience with exposure to fixed assets, capital projects, or lease accounting preferred.
Experience working with CIP and capital project tracking strongly preferred.
Benefits
Medical insurance with Health Savings Account (HSA) and Flexible Spending Account (FSA) options.
Dental and vision insurance.
401(k) plan with up to 20% match of first 5% contributed.
Participation in Employee Stock Ownership Program (ESOP).
Education benefits, including tuition discounts and scholarship programs.
10% employee discount on grocery items and additional franchise‑specific discounts.
Paid time off (PTO/vacation) and paid military leave.
Employee recognition programs with monetary rewards and in‑store vouchers.
Employee health & wellness programs, challenges, and resources.
Employee assistance program (EAP).
Access to national discount marketplace.
Tools, resources, and opportunities for career growth and development.
Additional voluntary benefits such as vision, accident, and critical illness insurance.
Pay Range
USD $55,000.00 - USD $87,000.00 per year.
EEO Statement
We are an EEO/AA Employer—All qualified individuals, including minorities, females, veterans, and individuals with disabilities, are encouraged to apply.
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Coborn’s is looking for a Staff Accountant – Fixed Asset to take the lead on the full lifecycle of our capital investments—from the moment a project is approved to the day an asset is retired. You’ll oversee fixed assets, Construction in Progress (CIP), and equipment leases with precision and purpose.
Responsibilities
Own and support the Capital Acquisition Request (CAR) process to ensure capital spend is properly approved, documented, and tracked.
Serve as the go‑to expert on capitalization and lease accounting policy, guiding teams on capital vs. expense decisions.
Build and maintain strong controls to safeguard company assets throughout their lifecycle.
Monitor and manage Construction in Progress (CIP), ensuring projects are capitalized accurately and on time.
Partner with Project Managers and operational leaders to track budgets, timelines, and project performance.
Provide proactive insight when projects approach key milestones or exceed approved budgets.
Own the fixed asset subledger and ensure accurate month‑end reconciliation to the general ledger.
Record depreciation, asset transfers, retirements, and capitalization entries.
Maintain rollforwards for CIP, fixed assets, depreciation, and leases.
Oversee property tax accounting, accruals, and payments.
Manage the full lease lifecycle, including new leases, renewals, modifications, and terminations (ASC 842).
Maintain accurate asset inventory and identify aging, impaired, or obsolete assets.
Prepare audit‑ready documentation and support internal, external, and governmental audits.
Deliver clear reporting and analysis related to capital investments and asset activity.
Qualifications
Associate’s degree in Accounting, Finance, Business, or related field or equivalent relevant experience; Bachelor’s degree preferred.
2‑5 years of accounting experience with exposure to fixed assets, capital projects, or lease accounting preferred.
Experience working with CIP and capital project tracking strongly preferred.
Benefits
Medical insurance with Health Savings Account (HSA) and Flexible Spending Account (FSA) options.
Dental and vision insurance.
401(k) plan with up to 20% match of first 5% contributed.
Participation in Employee Stock Ownership Program (ESOP).
Education benefits, including tuition discounts and scholarship programs.
10% employee discount on grocery items and additional franchise‑specific discounts.
Paid time off (PTO/vacation) and paid military leave.
Employee recognition programs with monetary rewards and in‑store vouchers.
Employee health & wellness programs, challenges, and resources.
Employee assistance program (EAP).
Access to national discount marketplace.
Tools, resources, and opportunities for career growth and development.
Additional voluntary benefits such as vision, accident, and critical illness insurance.
Pay Range
USD $55,000.00 - USD $87,000.00 per year.
EEO Statement
We are an EEO/AA Employer—All qualified individuals, including minorities, females, veterans, and individuals with disabilities, are encouraged to apply.
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