Fixed Asset Analyst III
The Fixed Assets Analyst III is responsible for the oversight of Comerica's capital project accounting and analysis including (but not limited to): monitoring and reconciling the Construction in Progress account, processing asset capitalizations through daily work and projects, coding invoices received from vendors and communicating effectively with internal partners on an ongoing basis. The role will process internal/external entries, completes month-end closing account analyses, and publish monthly reports.
Position Responsibilities:
Monitor & Maintain the Construction in Progress Account:
Review new project requests, confirm accuracy, and approve creation of capital projects in Workday.
Update and distribute monthly agendas and aging reports to IT, RE, and Retail.
Collaborate with project managers and assist with any project related issues.
Month-End Journal Entries & Account Reconciliation:
Post asset or project-related journal entries calculated by Business Finance or other departments, as needed to support the Accounting team.
Complete monthly roll-forward reports.
Research and report on preliminary and final depreciation variances.
Review small equipment account for accuracy.
Prepare monthly reconciliations.
Daily Analytical:
Process vendor invoices related to asset accounts.
Perform asset related activities including registration, transfers, and disposals.
Review daily expense account items for potential capital assets.
Post any necessary adjustments/journal entries.
Coverage:
Serve as back up for other Fixed Assets team members:
Complete analytical reports as necessary.
Prepare and post retirements.
Code invoices within 48-hour timeframe.
Position Qualifications:
Bachelor's Degree from an accredited university in Accounting or Finance Major or 4 years of relevant experience
2 years of experience in Accounting Operations, such as Fixed Assets or General Accounting
Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days Hours: 8:00am - 5:00pm Monday - Friday. This position offers a hybrid work model that includes onsite and remote days as determined by the manager. Salary: To Be Determined Based on Individual Experience
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
