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Lease & Fixed Asset Accounting Advisor

  • LocationHouston, TX 77056 - United States
  • Work TypeContract/Temp
  • Positions1 Position


  • Job no: 55273ENBJP00008670
  • Categories: Finance/Accounting

We are looking for a Fixed Asset Accounting Advisor who will provide asset accounting and valuation support; on behalf of one of North America’s largest natural gas distributors,

Duties Include:

  • Coordinate new lease requests, ensuring all the lease attributes are identified and vetted to ensure proper classification
  • Coordinate the monthly transactional accounting relating to lease accounting and provide supporting schedules to the Reporting group as required for the quarterly lease disclosures.
  • Review lease accounting account reconciliations as required.
  • Mentor the US Fixed Asset Accountant in the areas of depreciation, retirements, transfer
  • Produce a monthly Fixed Asset register in Oracle that is reconciled to the G/L and the FA Asset Cost and Reserve sub-ledgers.
  • Provide NBV calculation and support as requested on specific assets of entities.
  • Provide fixed asset data to the accounting research and valuation group for special projects/audits as required.
  • Coordinate and record Impairments and Assets Held for Sale with accounting research and others, as required.
  • Provide support on asset acquisitions and divestitures as required.
  • Assist in initial assessments of whether an ARO should be recorded and create a depreciation and accretion schedule for the ARO.
  • Ensure the US Fixed asset accountant is recording the monthly depreciation and accretion entries properly.
  • Conduct a quarterly confirmation of the Asset Retirement Cost (ARC) by project/asset, to ensure there are no material adjustments to be made. If there is a material adjustment, calculate the true-up of the ARO as needed.
  • Assist the reporting group in reviewing the quarterly FERC reports, and quarterly cash flow reporting.
  • Assist reporting group in the preparation and review of reports for the regulatory or governmental agencies; as required.
  • Serve as an advisor on technical and historical Oracle capital assets issues; as required
  • Provide support for special audits as required




  • 8-12 years’ of relevant fixed asset accounting experience
  • Demonstrated experience with Lease accounting
  • Experience with Oracle