Fixed Asset Accountant - Divert

About Divert, Inc.

Divert, Inc. is an impact technology company on a mission to Protect the Value of Food™. Founded in 2007, the company creates advanced technologies and sustainable infrastructure to eliminate wasted food, driving social and environmental impact. Divert provides an end-to-end solution that leverages data to prevent waste, facilitates edible food recovery to serve communities in need, and converts wasted food into renewable energy. The company works with over 6,600 customer locations across the U.S. to reduce wasted food and positively impact people and the environment. Its customer base spans across industries and includes five Fortune 100 companies. For more information on Divert, Inc., please visit www.divertinc.com.

Fixed Asset Accountant

We are seeking a highly organized and detail-oriented Fixed Asset Accountant to manage the company’s fixed asset accounting and related functions. The successful candidate will be responsible for the accurate tracking, recording, and reporting of the company’s fixed assets, ensuring compliance with accounting standards and company policies. The Fixed Asset Accountant will play a key role in asset lifecycle management, from acquisition and depreciation to disposal, and will be responsible for maintaining and managing the Fixed Asset Subledger. This role requires collaboration with other finance team members to ensure financial integrity, accurate subledger management, and regulatory compliance. The fixed asset accountant will report to the Accounting Manager and will be an integral part of a team of highly dedicated accounting and finance professionals.

What you’ll do:

• Track and manage the full lifecycle of the company’s fixed assets, from acquisition to disposal.
• Maintain and update the fixed asset register, ensuring all acquisitions, disposals, transfers, and adjustments are recorded accurately.
• Perform regular physical inventory counts and asset reconciliations to ensure the fixed asset register matches the actual physical assets.
• Maintain, manage and reconcile the Fixed Asset Subledger, ensuring all entries are accurately and consistently recorded and aligned with the general ledger.
• Investigate and resolve any discrepancies between the subledger and general ledger, ensuring proper accounting treatment and compliance.
• Review capital expenditure requests, work with account manager to determine whether assets should be capitalized or expensed, based on accounting policies and thresholds.
• Allocate costs associated with fixed assets (e.g., installation, transportation, and setup costs) to the appropriate asset accounts. Maintain and update asset capitalization thresholds and guidelines as needed.
• Calculate and record depreciation for all fixed assets in accordance with company policy and applicable accounting standards US GAAP.
• Ensure accurate posting of depreciation entries to the general ledger and subledger.
• Review and process asset disposals, sales, and retirements, ensuring proper documentation and accounting treatment.
• Record gains or losses on asset disposals and write-offs in accordance with company policy.
• Ensure that all disposals are properly approved and documented, and assets are removed from the fixed asset register and subledger.
• Prepare and review fixed asset-related financial reports for inclusion in the company’s financial statements.
• Assist in the preparation of year-end financial reports and audits, ensuring fixed asset-related disclosures are accurate and complete.
• Provide support during audits, responding to auditors' inquiries related to fixed assets and the subledger.
• Identify and recommend improvements to fixed asset accounting procedures and processes to increase efficiency and accuracy.
• Collaborate with the broader finance team to integrate fixed asset management with broader accounting and reporting systems.
• Provide regular reports on fixed asset status, depreciation schedules, and asset utilization to the accounting manager and corporate controller.
• Analyze fixed asset trends and assist in budgeting and forecasting related to capital expenditures and asset management.

What we’re looking for:

• Bachelor’s degree in accounting, Finance, or related field. A master’s degree or professional certification (CPA, CMA, or equivalent financial certification) is a plus.
• Minimum of 3-5 years of experience in fixed asset accounting or a related accounting role.
• Experience in handling asset management for a large organization or complex accounting systems is preferred.
• Strong understanding of accounting principles, particularly with respect to fixed assets, depreciation, and capitalization.
• Experience managing or maintaining a fixed asset subledger and reconciling it with the general ledger.
• Proficient in accounting software (e.g., SAP, Oracle, Microsoft Dynamics preferred, or similar ERP systems). Experience with ERP implementation is a plus.
• Advanced Excel skills, including the ability to work with large datasets and create reports.
• Knowledge of fixed asset accounting standards (US GAAP) and depreciation methods.
• Strong organizational skills and attention to detail.
• Excellent communication skills and the ability to interact with various departments and external auditors.

What's In It for You?

• Compensation Range: $70,000 - $90,0000
• Health, Vision, and Dental Benefits (effective the first of the month following your date of hire!)
• Life Insurance
• 401K with Safe Harbor company match
• Paid Time Off
• Opportunities for Advancement with a Rapidly Growing, Mission-Driven Organization

Work Location: Hybrid (preferred - within driving distance of the Concord, MA headquarters)

Divert Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.