Senior Accountant

Senior Accountant Fleet Equipment

LLC - 4.5

Memphis, TN Job Details Full-time 15 hours ago Qualifications ASC 842

Full Job Description About Fleet Equipment, LLC Our People:

We have decades of combined service, logistics, and parts experience that result in being able to match equipment to application and still help you stay within your budget. Expertise to help determine the best equipment to handle the load, and the knowledge and ability to provide the equipment; new or used.

Our Headquarters:

Our property is centrally located at the "Crossroads of America's Distribution Center," on 40 acres that stretch along I-240 between Highway 78 / Lamar Avenue and Airways Blvd. on Farrisview Blvd., in Memphis.

Our Inventory Sources:

As dealer for many of the leading trailer manufacturers, we maintain strong relationships with many of the nation's leading logistics companies and can purchase in large quantities to meet the customer's needs.

Our Service:

We are here for you, our customer, before, during and after the sale. It is our desire and passion to see that your experience at Fleet Equipment, LLC exceeds your expectations and provides exceptional customer satisfaction. Accounting & Financial Reporting Prepare and review monthly, quarterly, and annual financial statements related to fleet leasing operations Maintain general ledger accounts, ensuring accuracy and compliance with GAAP Manage and reconcile lease-related accounts, including asset capitalization, depreciation, and lease liabilities Apply and maintain compliance with ASC 842 lease accounting standards Perform month-end and year-end close processes, including journal entries and account reconciliations Fleet Leasing & Asset Management Track and account for leased fleet assets, including acquisition, depreciation, impairment, and disposal Monitor lease agreements for proper classification (operating vs. finance leases) Partner with operations to ensure accurate asset records and alignment with physical inventory Analyze profitability of leasing arrangements and provide recommendations Analysis & Reporting Prepare financial analyses, forecasts, and variance reports for leadership Support budgeting and forecasting processes related to fleet operations Evaluate trends in lease performance, utilization rates, and cost management Assist in developing KPIs for fleet financial performance Compliance & Controls Ensure adherence to internal controls and company policies Support internal and external audits by preparing required documentation Maintain compliance with tax regulations and reporting requirements related to leased assets Identify opportunities for process improvement and automation Collaboration & Support Partner with FP&A, operations, and procurement teams Provide guidance to junior accounting staff as needed Assist with system implementations or upgrades related to lease accounting or asset management Qualifications Education & Experience Bachelor's degree in Accounting, Finance, or related field 5+ years of progressive accounting experience, preferably in leasing, transportation, or asset-heavy industries Strong knowledge of lease accounting (ASC 842 required) CPA or CPA-eligible strongly preferred Technical Skills Proficiency in ERP systems (Karmak is a plus). Advanced Microsoft Excel skills (pivot tables, VLOOKUPs, data analysis) Experience with lease accounting software is a plus Strong understanding of fixed asset accounting Competencies Strong analytical and problem-solving skills High attention to detail and accuracy Ability to manage multiple priorities and meet deadlines Excellent communication and cross-functional collaboration skills Process improvement mindset with a focus on efficiency Work Environment & Expectations Fast-paced, deadline-driven environment Occasional involvement in strategic finance initiatives