B3 Fixed Asset Accountant

Requisition 40365: B3 Fixed Asset Accountant

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Note for Safety-Sensitive Positions: Any safety-sensitive position with Norfolk Southern will require the following pre-employment screenings:

• FRA Drug and Alcohol Screen
• Medical Screening
• Background Check

Norfolk Southern offers a unique opportunity to be part of our proud legacy that spans nearly 200 years. We are a customer-centric, operations-driven team dedicated to advancing safety, serving communities, and driving innovation for tomorrow's rail. As part of Norfolk Southern, you’ll join a collaborative team where there are opportunities for growth across the organization. We are building a culture where everyone can thrive by owning and driving exceptional results, being humble and leading with trust, serving our customers with excellence, and collaborating and coaching to win.

Job Description

The Fixed Asset Accountant supports the accounting and reporting of the Company’s fixed assets and capital projects. The role performs accounting activities throughout the asset lifecycle and works with operations, engineering, finance, and other business partners to ensure activity is recorded timely and accurately in accordance with Generally Accepted Accounting Principles, Company policies, and internal control requirements.

What You’ll Do-

Capital Project and Fixed Asset Accounting

• Review capital project requests, costs, and supporting documentation to determine appropriate capital or expense treatment in accordance with Company policies.
• Provide guidance to business partners regarding capitalization requirements and project-related expenditures.
• Monitor capital projects through completion and ensure assets are placed in service timely, accurately, and in the appropriate asset classifications.
• Review and process asset additions, transfers, adjustments, and retirements.

Financial Close, Reporting, and Controls

• Support monthly, quarterly, and annual close activities, including journal entries, account reconciliations, and fixed asset analyses.
• Review fixed asset records and investigate discrepancies, unusual activity, and reconciling items.
• Prepare schedules, documentation, and analyses for internal and external audits.
• Provide fixed asset information in support of depreciation studies and regulatory reporting requirements.

Business Partnership and Continuous Improvement

• Build effective working relationships and communicate accounting requirements clearly to financial and nonfinancial stakeholders.
• Identify opportunities to improve the accuracy, efficiency, and consistency of Capital Accounting processes.
• Participate in process improvement, automation, system enhancement, and other departmental initiatives.

What You’ll Bring-

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• Knowledge of fundamental accounting principles and strong analytical and problem-solving skills.
• Attention to detail, sound judgment, and commitment to accurate, high-quality work.
• Ability to manage multiple priorities and meet established deadlines.
• Effective written and verbal communication skills and the ability to work collaboratively with business partners.
• Proficiency in Microsoft Excel and other Microsoft Office applications.

Preferred Qualifications

• One to three years of accounting, finance, audit, or related experience. Relevant internships and entry-level experience may be considered.
• Experience or coursework involving fixed asset accounting, project accounting, general ledger accounting, or financial reporting.

Work Conditions

Environment: Office

Shift Work: No

On-Call: Yes

Weekend Work: Yes

Travel Required: 0 - 2 Days per Month,

Company Overview

Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. Norfolk Southern also has the most extensive intermodal network in the eastern U.S., serving a majority of the country’s population and manufacturing base, with connections to every major container port on the Atlantic coast as well as the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com.

At Norfolk Southern, we believe in celebrating our individuality. By leveraging the unique backgrounds and viewpoints of our employees, we can create a culture of innovation, respect, and inclusion. We know that employees thrive in a workplace where differing viewpoints, ideas, and experiences are freely shared and valued. As such, we encourage all employees to contribute their distinctive skills and capabilities to our organization.

Equal employment opportunities are available to all applicants regardless of race, color, religion, age, sex, national origin, disability status, genetic information, veteran status, sexual orientation, and gender identity. Together, we power progress.