Comerica - Farmington Hills, MI
posted 3 months ago
Full-time - Entry Level
Hybrid - Farmington Hills, MI
Credit Intermediation and Related Activities
About the position
The Fixed Assets Analyst III at Comerica Bank is responsible for overseeing capital project accounting and analysis. This includes monitoring the Construction in Progress account, processing asset capitalizations, coding vendor invoices, and collaborating with internal partners. The role also involves completing month-end closing analyses and publishing monthly reports.
Responsibilities
- Monitor and maintain the Construction in Progress account by reviewing new project requests and approving capital projects 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 research depreciation variances.
- Review small equipment accounts for accuracy and prepare monthly reconciliations.
- 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 by completing analytical reports and preparing retirements.
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.
