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Fixed Asset Accountant

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Date: Aug 9, 2019

Location: 0, US, 0

Company: Norfolk Southern Corp.


Company Overview

Norfolk Southern is one of the nation's premier transportation companies specializing in freight railroading. We operate approximately 21,000 route miles in 22 states and the District of Columbia, serve every major container port in the eastern United States, and provide efficient connections to other rail carriers. Norfolk Southern has the most extensive intermodal network in the East and is a major transporter of coal and industrial products.


We are a team of more than 28,000 employees working together to maintain our reputation as "The Thoroughbred of Transportation". As an industry leader, Norfolk Southern offers a competitive salary and an excellent benefits package.


Requisition ID : 11859 

Job Description

Primary Purpose:

Assist in managing the life cycle of fixed assets, including asset capitalization and retirement.  Evaluate capital projects to ensure proper handling in accordance with current regulatory requirements, corporate policy, Generally Accepted Accounting Principles, and documented internal controls.  


Principal Duties:

  • Reviews projects for proper capital / expense accounting treatment and eligibility for capitalized interest.
  • Performs accounting research related to complex accounting transactions.
  • Records fixed asset acquisitions, transfer and dispositions in the accounting system for multiple companies.
  • Utilizes PowerPlant software to monitor spending, projected/actual in-service dates, completion dates and other project attributes in order to maximize the benefits associated with timely unitization.
  • Performs analysis of new projects and existing asset records to ensure additions, retirements and transfers   are recorded.
  • Conducts analyses related to fixed assets as requested by Management.
  • Provides recommendations in determining the appropriate parameters for PowerPlant alerts.
  • Coordinates with numerous departments across the organization to relay information.
  • Assists as needed for both internal and external audit reviews surrounding the fixed asset function.
  • Collaborates with others to develop training documentation and conduct appropriate field training.
  • Works with technology resources to test code changes, solve system problems and coordinate system modifications and enhancements.


Job Related Experience:
Minimum Level:  1-2 years
Preferred Level:  3-5 years
Preferred – Public Accounting Experience


Preferred Level:  Bachelor's Degree (BS)
Preferred Majors:  Accounting


Licenses / Certifications:
Required:  None listed
Preferred:  CPA


Technical Skills:
- MS Excel/Spreadsheets
- MS Outlook
- MS Powerpoint/Presentations
- MS Word/Word Processing


Skills and Abilities:
- Analytical Thinking and Problem Solving Skills
- Attention to Detail
- Decision Making
- Management
- Written Communication


Career Path:
Predecessor Jobs:
- Supervisor Accounting
- Systems Analyst
Future Jobs:
- Assistant Manager Capital Accounting

Work Conditions

Environment: Office

Shift Work: No

On-Call: Yes

Weekend Work: Yes

Travel Required: 0 - 2 Days per Month,


Norfolk Southern is an equal opportunity employer including veterans and disabled.


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