Procurement accountant vs fixed asset accountant

Differences between procurement accountant and fixed asset accountant duties and responsibilities

Procurement accountant example responsibilities.

• Manage month end close process including journal entries, departmental analysis and preparation of consolidate financial statements and account reconciliations.
• Develop procedures for GAAP solutions in accordance with SOX, segregation of duties.
• Code invoices to appropriate GL accounts.
• Budget vendor accruals for the next fiscal year on a vendor, product and program level.
• Reconcile purchase contract log balances with the SUNY on-line payment system to verify accuracy of balances.
• Maintain the MarrStar database to ensure accuracy and timely availability of information for properties to provide transparency for SOX.
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Fixed asset accountant example responsibilities.

• Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
• Prepare internal financial reports for treasury manage accounts include in external compliance reports.
• Monitor purchase orders and calculate month-end accruals.
• Support internal and external audit requirements and verify SOX documentation.
• Calculate and reconcile deferred rent liability accruals for office leases.
• Set up a consolidate and centralize SOX depository for require documentation.
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