KLS Martin L.P.

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FIXED ASSET ACCOUNTANT (Finance)



Job Details

Job Location: Corporate Office - Jacksonville, FL

Position Type: Full Time

Education Level: 4 Year Degree

Salary Range: Undisclosed

Travel Percentage: Negligible

Job Shift: Day

Description

Who We Are

At KLS Martin, we offer a unique opportunity to contribute to the success of a dynamic and thriving company whose products are used daily across the world to help surgical patients.

The KLS Martin Group is a worldwide leader in creating surgical solutions for the craniomaxillofacial and cardiothoracic fields. Surgical innovation is our passion, and we are constantly working with surgeons to improve surgical care for their patients. Our product portfolio includes titanium and resorbable implants for reconstruction, innovative distraction devices to stimulate bone lengthening, over 4,000 surgical instruments, and other surgical products designed specifically for CMF and cardiothoracic surgeons.

KLS Martin is an innovative leader in the treatment of CMF deformities and trauma cases. We use Individual Patient Solutions (IPS) by using our proprietary IPS products where CT scans are used to custom design implants that are created specifically for that individual patient. This technology allows our surgeons to provide the best-in-class treatment for their patients.

KLS Martin Guiding Principles

  • Established, Privately Held Business Group - Responsive to customers, not shareholders. KLS Martin has manufactured medical products since 1896, and we have sold our products in the United States under the KLS name since 1993. We have always been, and always will be, privately owned.
  • Patient Focus - We design products with the patient in mind - CMF, Thoracic & Hand
  • Product to Table - Integrated planning, design, manufacturing and distribution process
  • Educational Partner - Our primary focus for support is on education
  • Inventory Alliance - Inventory management is critical to patient treatment/outcome
  • Surgical Innovation is Our Passion - More than just a tagline

What We Offer
  • We provide full-time employees with a competitive benefits package, including paid parental leave
  • In-house training and professional development opportunities
  • A culture of creativity and innovation by drawing on diverse perspectives and ideas to drive surgical innovation

Job Summary

As the Fixed Asset Accountant, you will be responsible for managing and ensuring the accuracy and integrity of the company's fixed asset accounting. This role requires strong judgment in recording, classification, and allocation of fixed assets, as well as oversight of asset capitalization and depreciation. You will collaborate closely across companies and departments to ensure proper asset management and reporting in compliance with accounting standards and company policies.

Essential Functions, Duties, and Responsibilities

Fixed Asset Recording and Classification :

  • Review and assess capital expenditure transactions to determine the proper classification and capitalization of fixed assets.
  • Exercise sound judgment for cost allocation to fixed assets, ensuring compliance with accounting standards and internal policies.
  • Ensure consistency in both judgment and policy application across companies and asset classes.
  • Ensure accurate and timely recording of fixed asset additions, disposals, transfers, and adjustments.

Depreciation and Amortization:
  • Calculate and record depreciation and amortization for all fixed assets, ensuring proper alignment with accounting standards such as GAAP or IFRS.
  • Support external tax accountant with supporting documentation.
  • Monitor asset life cycles and recommend changes to depreciation schedules as needed to reflect asset utilization.

Reconciliation and Reporting:
  • Reconcile fixed asset sub-ledgers with the general ledger on a regular basis to ensure accuracy and completeness.
  • Prepare monthly, quarterly, and annual reports on fixed assets, including schedules for financial reporting, audits, and management review.
  • Provide analysis and insights on fixed asset activity to support financial decision-making.
  • Lead and coordinate physical asset inventories, ensuring that asset records align with actual asset holdings.
  • Support internal and external audits by providing documentation, explanations, and reconciliations related to fixed assets.

Asset Valuation and Impairment:
  • Assess the valuation of fixed assets, ensuring proper impairment testing and accounting for any changes in asset value.
  • Identify and report on asset impairments, disposals, or losses, ensuring proper accounting treatment and adjustments.

Compliance and Policy Adherence:
  • Ensure compliance with company policies, internal controls, and relevant accounting standards related to fixed asset management.
  • Stay current on changes to accounting rules that impact fixed assets and recommend necessary adjustments to processes and policies.

Process Improvement and Systems Management:
  • Identify opportunities for process improvements in fixed asset management, including automation and system enhancements.
  • Work with IT and finance teams to optimize the use of ERP or fixed asset management systems to streamline workflows and improve reporting accuracy.

Cross-Functional Collaboration:
  • Collaborate with operations, procurement, and project management teams to ensure proper asset tracking from acquisition to disposal.
  • Provide guidance and training to other departments on capital expenditures and asset management policies.

Other duties to support the finance team as needed.

The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
Qualifications

Educational and Experience Requirements

  • Bachelor's degree in Accounting, Finance, or a related field required.
  • Master's level degree in related field and/ or CPA certification preferred.
  • Proven experience in financial reporting and accounting roles, demonstrating a strong understanding of accounting principles, regulations, and best practices.
  • Proficiency in corporate accounting and internal controls.
  • 3+ years of experience in a related position preferred.
  • Proficient use of SAP financial system preferred.
  • Advanced level knowledge of Microsoft 365 software applications suite

Knowledge, Skills, and Abilities
  • Strong understanding of accounting principles related to fixed assets
  • A visionary mindset focused on process improvement, efficiency, and leveraging technology to automate manual tasks.
  • Excellent analytical, problem-solving, and critical-thinking skills to identify opportunities and provide innovative solutions.
  • Effective communication and interpersonal skills to collaborate effectively with cross-functional teams and stakeholders.
  • Ability to inspire and motivate others, fostering a positive work environment that encourages growth, creativity, and continuous learning.
  • High standards of integrity and professionalism.
  • Ability to follow through on issues, make informed decisions that comply with policies and procedures, complete tasks and problem-solve.
  • Proactive, self-driven, and resourceful with a strong sense of ownership and accountability.

Skill Requirements
  • Typing/computer keyboard
  • Utilize computer software (specified above)
  • Retrieve and compile information
  • Maintain records/logs
  • Verify data and information
  • Organize and prioritize information/tasks
  • Operate office equipment
  • Advanced mathematical concepts (fractions, decimals, ratios, percentages, graphs)
  • Verbal communication
  • Written communication
  • Public speaking/group presentations
  • Research, analyze and interpret information
  • Investigate, evaluate, recommend action
  • Basic mathematical concepts (e.g. add, subtract)
  • Abstract mathematical concepts (interpolation, inference, frequency, reliability, formulas, equations, statistics)

Physical Requirements
  • Sitting for extended periods
  • Extended periods viewing computer screen
  • Reading
  • Speaking
  • Hear/Listen
  • Maintain regular, punctual attendance
  • Repetitive Motions
  • Writing

Hazards
  • Normal office environment

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

KLS Martin is a drug-free employerWho We Are

At KLS Martin, we offer a unique opportunity to contribute to the success of a dynamic and thriving company whose products are used daily across the world to help surgical patients.

The KLS Martin Group is a worldwide leader in creating surgical solutions for the craniomaxillofacial and cardiothoracic fields. Surgical innovation is our passion, and we are constantly working with surgeons to improve surgical care for their patients. Our product portfolio includes titanium and resorbable implants for reconstruction, innovative distraction devices to stimulate bone lengthening, over 4,000 surgical instruments, and other surgical products designed specifically for CMF and cardiothoracic surgeons.

KLS Martin is an innovative leader in the treatment of CMF deformities and trauma cases. We use Individual Patient Solutions (IPS) by using our proprietary IPS products where CT scans are used to custom design implants that are created specifically for that individual patient. This technology allows our surgeons to provide the best-in-class treatment for their patients.

KLS Martin Guiding Principles

  • Established, Privately Held Business Group - Responsive to customers, not shareholders. KLS Martin has manufactured medical products since 1896, and we have sold our products in the United States under the KLS name since 1993. We have always been, and always will be, privately owned.
  • Patient Focus - We design products with the patient in mind - CMF, Thoracic & Hand
  • Product to Table - Integrated planning, design, manufacturing and distribution process
  • Educational Partner - Our primary focus for support is on education
  • Inventory Alliance - Inventory management is critical to patient treatment/outcome
  • Surgical Innovation is Our Passion - More than just a tagline

What We Offer
  • We provide full-time employees with a competitive benefits package, including paid parental leave
  • In-house training and professional development opportunities
  • A culture of creativity and innovation by drawing on diverse perspectives and ideas to drive surgical innovation

Job Summary

As the Fixed Asset Accountant, you will be responsible for managing and ensuring the accuracy and integrity of the company's fixed asset accounting. This role requires strong judgment in recording, classification, and allocation of fixed assets, as well as oversight of asset capitalization and depreciation. You will collaborate closely across companies and departments to ensure proper asset management and reporting in compliance with accounting standards and company policies.

Essential Functions, Duties, and Responsibilities

Fixed Asset Recording and Classification :

  • Review and assess capital expenditure transactions to determine the proper classification and capitalization of fixed assets.
  • Exercise sound judgment for cost allocation to fixed assets, ensuring compliance with accounting standards and internal policies.
  • Ensure consistency in both judgment and policy application across companies and asset classes.
  • Ensure accurate and timely recording of fixed asset additions, disposals, transfers, and adjustments.

Depreciation and Amortization:
  • Calculate and record depreciation and amortization for all fixed assets, ensuring proper alignment with accounting standards such as GAAP or IFRS.
  • Support external tax accountant with supporting documentation.
  • Monitor asset life cycles and recommend changes to depreciation schedules as needed to reflect asset utilization.

Reconciliation and Reporting:
  • Reconcile fixed asset sub-ledgers with the general ledger on a regular basis to ensure accuracy and completeness.
  • Prepare monthly, quarterly, and annual reports on fixed assets, including schedules for financial reporting, audits, and management review.
  • Provide analysis and insights on fixed asset activity to support financial decision-making.
  • Lead and coordinate physical asset inventories, ensuring that asset records align with actual asset holdings.
  • Support internal and external audits by providing documentation, explanations, and reconciliations related to fixed assets.

Asset Valuation and Impairment:
  • Assess the valuation of fixed assets, ensuring proper impairment testing and accounting for any changes in asset value.
  • Identify and report on asset impairments, disposals, or losses, ensuring proper accounting treatment and adjustments.

Compliance and Policy Adherence:
  • Ensure compliance with company policies, internal controls, and relevant accounting standards related to fixed asset management.
  • Stay current on changes to accounting rules that impact fixed assets and recommend necessary adjustments to processes and policies.

Process Improvement and Systems Management:
  • Identify opportunities for process improvements in fixed asset management, including automation and system enhancements.
  • Work with IT and finance teams to optimize the use of ERP or fixed asset management systems to streamline workflows and improve reporting accuracy.

Cross-Functional Collaboration:
  • Collaborate with operations, procurement, and project management teams to ensure proper asset tracking from acquisition to disposal.
  • Provide guidance and training to other departments on capital expenditures and asset management policies.

Other duties to support the finance team as needed.

The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.Educational and Experience Requirements

  • Bachelor's degree in Accounting, Finance, or a related field required.
  • Master's level degree in related field and/ or CPA certification preferred.
  • Proven experience in financial reporting and accounting roles, demonstrating a strong understanding of accounting principles, regulations, and best practices.
  • Proficiency in corporate accounting and internal controls.
  • 3+ years of experience in a related position preferred.
  • Proficient use of SAP financial system preferred.
  • Advanced level knowledge of Microsoft 365 software applications suite

Knowledge, Skills, and Abilities
  • Strong understanding of accounting principles related to fixed assets
  • A visionary mindset focused on process improvement, efficiency, and leveraging technology to automate manual tasks.
  • Excellent analytical, problem-solving, and critical-thinking skills to identify opportunities and provide innovative solutions.
  • Effective communication and interpersonal skills to collaborate effectively with cross-functional teams and stakeholders.
  • Ability to inspire and motivate others, fostering a positive work environment that encourages growth, creativity, and continuous learning.
  • High standards of integrity and professionalism.
  • Ability to follow through on issues, make informed decisions that comply with policies and procedures, complete tasks and problem-solve.
  • Proactive, self-driven, and resourceful with a strong sense of ownership and accountability.

Skill Requirements
  • Typing/computer keyboard
  • Utilize computer software (specified above)
  • Retrieve and compile information
  • Maintain records/logs
  • Verify data and information
  • Organize and prioritize information/tasks
  • Operate office equipment
  • Advanced mathematical concepts (fractions, decimals, ratios, percentages, graphs)
  • Verbal communication
  • Written communication
  • Public speaking/group presentations
  • Research, analyze and interpret information
  • Investigate, evaluate, recommend action
  • Basic mathematical concepts (e.g. add, subtract)
  • Abstract mathematical concepts (interpolation, inference, frequency, reliability, formulas, equations, statistics)

Physical Requirements
  • Sitting for extended periods
  • Extended periods viewing computer screen
  • Reading
  • Speaking
  • Hear/Listen
  • Maintain regular, punctual attendance
  • Repetitive Motions
  • Writing

Hazards
  • Normal office environment

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

KLS Martin is a drug-free employer Apply
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