KATHERINE SUZANNE REITER

Fixed Assets Manager

AZZ Incorporated

Fort Worth, TX

08.2003 - Current

Monitored capital expenditure requests to ensure accuracy of information and proper approval process was followed.
Maintained records for all fixed assets, including additions, disposals and transfers.
Analyzed balance sheet accounts for completeness, accuracy, reasonableness and compliance with corporate policies.
Investigated discrepancies between physical inventories and book records and made necessary corrections in system records accordingly.
Responded promptly to inquiries from internal departments regarding fixed assets matters.
Performed research for accurate accounting treatment of new equipment acquisitions.
Assisted with the preparation of financial statements in accordance with GAAP guidelines.
Developed and implemented policies and procedures related to the capitalization of assets.
Prepared journal entries for depreciation expenses and other related adjustments.
Collaborated with other departments to ensure timely acquisition of necessary documents for capitalized assets.
Tracked aging inventory items to determine if they should be written off or reclassified as scrap and salvageable items.
Reviewed and reconciled fixed asset accounts on a monthly basis.
Provided training to staff members on various aspects of the company's fixed asset policy.
Coordinated the annual external audit by providing supporting documentation as requested by auditors.
Conducted periodic physical inventories of fixed assets to verify existence of assets.
Created reports detailing asset activity such as additions, disposals, transfers.
Identified opportunities to improve internal control processes surrounding the fixed asset accounting function.
Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
Reconciled differences between actual and recorded costs of newly acquired assets.
Verified accuracy of data entered into various accounting systems related to fixed assets.
Reported on changes in balance sheet accounts associated with tangible and intangible assets.
Monitored depreciation calculations and updated book values for all fixed assets.
Reviewed supporting documentation related to capital expenditures prior to booking into the general ledger.
Monitored budget spending for all facilities-related operations, including capital projects and repairs.