Capital Asset Accounting Manager
Essential Job Duties
The Capital Asset Accounting (CA) Manager reports to the Assistant University Controller and oversees the full lifecycle of approximately $2 billion in capital assets (over 17,000 assets) at NC State University. This role serves as the functional lead for the asset subsystem within the broader financial system and manages all related compliance programs. Additionally, the CA Manager leads data exchange interfaces and reporting between the University's Financial Reporting function, the UNC System Office (UNC-SO) Data Mart, and the North Carolina statewide Budget and Financials systems.
This position offers the opportunity to become a trusted advisor within the Controller's Office, helping guide the stewardship of university resources while supporting institutional priorities. You will collaborate with stakeholders across campus to navigate complex accounting and compliance matters, improve operational processes, and contribute to informed decision-making.
Key responsibilities fall within the following functional areas:
Financial Management & Reporting:
- Direct year-end financial activities related to construction in progress (CIP) and capital assets.
- Lead asset-related reporting and data exchanges with university, UNC System, and statewide financial systems.
- Partner with Controller's Office leadership on strategic initiatives, special projects, and key performance reporting.
Compliance, Regulation & Policy Analysis:
- Ensure compliance with GASB standards, UNC System requirements, Office of the State Controller regulations, university policies, and state statutes.
- Monitor and interpret changes in accounting standards and legislation, translating requirements into effective business practices.
- Represent the Controller's Office on university committees and campus initiatives.
Capital Asset Operations:
- Oversee the complete capital asset lifecycle, including capitalization, inventory management, transfers, disposals, and surplus activities.
- Serve as the primary resource for resolving complex capital asset issues.
- Provide functional leadership for PeopleSoft Asset Management and related financial systems, identifying opportunities for process improvement and system optimization.
Leadership & Collaboration:
- Lead, develop, and evaluate a team of two Capital Asset Accountants.
- Foster a culture of accountability, customer service, continuous improvement, and professional growth.
- Build strong partnerships across the university to support effective asset management practices and operational excellence.
Minimum Experience/Education
Bachelor's degree in Accounting, Finance, or a related field. Minimum of five years of experience in asset management, construction-in-progress (CIP), and financial reporting, with at least two years of experience managing general ledger transactions within a fund accounting environment.
Preferred Qualifications
- Advanced knowledge of accounting principles and the capital asset lifecycle, including acquisition, tracking, depreciation, and disposal
- Applied knowledge of fund accounting and GASB standards in financial reporting, audit preparation, or capital asset accounting processes.
- Working knowledge of asset inventory processes, asset identification methods, and application of accounting standards in a controlled or audited environment.
- Demonstrated success managing, supporting, and developing professional staff in a structured organizational setting.
- Proficiency with ERP systems (such as PeopleSoft Financials or similar), including use of financial sub-systems to support reporting and asset management functions.
- Proven ability to perform complex reconciliations, resolve discrepancies, and prepare financial reports in a deadline-driven environment while maintaining effective working relationships across internal and external stakeholders.
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