Fixed Asset Manager

POSITION FUNCTION SUMMARY

Oversee the financial management of the capital and fixed assets within the district, ensuring accuracy, compliance, and efficiency.

District Asset Manager- Duties and Responsibilities

1. Maintain and update the financial management system for all district capital and fixed assets.
2. Conduct regular physical asset verifications and reconcile them with accounting records.
3. Ensure compliance with accounting standards and district policies related to capital and fixed assets.
4. Coordinate and monitor the fixed asset tagging function.
5. Provide guidance and support to school and department inventory control personnel, fostering a positive and collaborative work environment.
6. Oversee the periodic fixed asset inventory process.
7. Reconcile the fixed asset ledger by identifying discrepancies and making necessary adjustments.
8. Conduct the weekly accounts payable data download and reconcile transactions to the fixed asset module.
9. Manage the annual asset depreciation process and year end capital and fixed asset reporting process.
10. Record asset purchases, gifts, deletions, thefts, dispositions, and transfers and report to the Board of Education, as required.
11. Review chart of account coding for capital and fixed asset purchases.
12. Maintain capital asset reporting including construction in progress, capital asset additions, deletions, and adjustments.
13. Research and propose procedural and reporting updates based on changes in the Internal Revenue Code, OMB Circulars, GASB pronouncements, and other federal, state, and local regulations.
14. Manage the tracking and reporting of Lease agreements, as required by GASB 87.
15. 15. Manage the tracking and reporting of Subscription-Based Information
16. Technology Arrangements, as required by GASB 96.
17. Manage the capital and fixed asset component of the annual audit process
    
    Education and Experience Required
    Bachelor's Degree in accounting or business related field. 
    Valid New Mexico license to practice in school finance.
    2 years of experience in finance/accounting and /or with a capital/fixed asset inventory system.
    Proficiency in fixed/capital asset accounting and general ledger.
     Ability to interpret and apply federal, state and local regulations and appropriately manage internal control procedures.
     Must be able to pass employment verification.
    Such alternatives to the above qualifications as the Superintendent may find appropriate and acceptable
18.