Fixed Assets Accountant

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

The Fixed Assets Accountant is responsible for maintaining the integrity, accuracy, and control of the bank’s fixed asset accounting and reporting processes. This role integrates strong accounting judgment, fixed assets expertise, data analysis, and technology to support general ledger and subsidiary records, month-end and quarter-end close activities, reconciliations, financial and management reporting, and accounting, audit, and control requirements. The position leverages accounting technologies, advanced data analysis, automation, and process improvement to enhance reporting capabilities, strengthen controls, improve data quality, increase operational efficiency, and develop scalable accounting processes. This role also partners cross-functionally to identify opportunities for technology-enabled solutions and continuous improvement while ensuring fixed asset activity remains accurate, well-controlled, explainable, and audit-ready.

Key Responsibilities

• Fixed assets accounting and close: Perform and review fixed asset accounting activities, including additions, capitalization, depreciation, transfers, adjustments, disposals, journal entries, and account reconciliations.
• Reporting and analysis: Prepare and analyze fixed asset reports, roll forwards, variance explanations, and management or external reporting support. Identify trends, exceptions, and data-quality issues and recommend corrective action.,
• Controls and audit readiness: Execute and support SOX controls, maintain complete documentation, resolve exceptions promptly, and provide accurate evidence for internal and external audits.
• Systems and process improvement: Improve accounting systems, reports, controls, and workflows. Document requirements, support configuration or reporting requests, test changes, validate results and partner with technology teams through completion.
• Procedures and knowledge sharing: Maintain clear procedures, process narratives, job aids, and control documentation. Share knowledge and support consistent, scalable execution across the team.
• Business partnership: Work with Corporate Accounting, Tax, Financial Systems Support, External Reporting, and business lines on asset lifecycle activity, capitalization decisions, disposals, reporting needs, and issue resolution.

Representative Work

The position may support a broad mix of recurring and project-based activities, including:

• Month-end quality assurance, including review of journal entries, asset reclassifications, trial balances, depreciation variances, and asset setup.
• Quarter-end fixed asset reporting and support for cash flow, management, and external reporting schedules.
• Business asset EIB preparation, validation and processing for disposals, transfers, place-in-service activity, and other lifecycle events.
• Project and capital activity monitoring, exception follow-up, budget or data-quality review, and stakeholder notifications.
• Fixed asset procedure maintenance, control documentation, system testing, audit support, and process automation.

Basic Qualifications

• Bachelor's degree in accounting or finance, or equivalent work experience
• Typically three or more years of related experience

Preferred Skills and Experience

• Considerable knowledge of U.S. GAAP, fixed assets accounting, accounting controls, financial reporting, and reconciliations
• Experience with month-end and quarter-end close, journal entries, account reconciliations, variance analysis and audit support
• Ability to analyze large data sets, identify exceptions and root causes, resolve issues, and communicate clear recommendations
• Experience with Workday Financials or a similar ERP, including business asset processing, reporting, EIBs, testing or configuration support
• Advanced Microsoft Excel skills, including PivotTables and Power Query; experience with Power Pivot, VBA/macros, Power BI or Microsoft Access is beneficial
• Experience with Microsoft 365 tools, including Word, PowerPoint, Teams and approved Copilot capabilities; experience with Power Automate or other workflow automation is beneficial
• Experience documenting business requirements, acceptance criteria, and testing results in Jira or a similar work-management tool
• Strong written and verbal communication, organization, and cross-functional collaboration skills
• CPA, CMA, data analytics, process improvement, Agile/Jira or relevant technology training is a plus

Location Expectations:

This role requires working from a U.S. Bank location three (3) or more days per week.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $81,515.00 - $95,900.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.