Comerica - Farmington Hills, MI

posted 18 days ago

Full-time - Entry Level
Hybrid - Farmington Hills, MI
Credit Intermediation and Related Activities

About the position

The Fixed Assets Analyst III at Comerica is responsible for overseeing capital project accounting and analysis, including monitoring the Construction in Progress account, processing asset capitalizations, and collaborating with internal partners. This role involves handling journal entries, account reconciliations, and generating monthly reports to support the accounting team.

Responsibilities

  • Monitor & maintain the Construction in Progress account by reviewing new project requests and approving capital project creation in Workday.
  • Update and distribute monthly agendas and aging reports to relevant departments.
  • Collaborate with project managers to assist with project-related issues.
  • Post asset or project-related journal entries as needed to support the Accounting team.
  • Complete monthly roll-forward reports and prepare monthly reconciliations.
  • Research and report on depreciation variances and review small equipment account for accuracy.
  • Process vendor invoices related to asset accounts and perform asset-related activities such as registration and transfers.
  • Review daily expense account items for potential capital assets and post necessary adjustments or journal entries.
  • Serve as backup for other Fixed Assets team members and complete analytical reports as necessary.

Requirements

  • Bachelor's Degree in Accounting or Finance or 4 years of relevant experience.
  • 2 years of experience in Accounting Operations, such as Fixed Assets or General Accounting.

Benefits

  • Health and welfare programs
  • Strong retirement benefits
  • Generous paid time off programs
  • Medical, dental, and vision benefits
  • 401(k) and pension
  • Income protection benefits such as life insurance and AD&D
  • Supplemental health programs to offset unexpected health care expenses
  • Time off programs for vacation, sick time, disability, and parental leave.
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