Asset Management Specialist

Asset Management Specialist

Job

Location:

Augusta University

Full/Part Time:
Full Time

https://(Use the "Apply for this Job" box below). make Augusta University an institution like no other.

Augusta University's distinct characteristics in education and research include real-world experiences and community engagement, as well as a culture of building community, corporate and government partnerships that address health, security, economic and societal concerns locally and across the state.

The University System of Georgia https:// is comprised of our 26 institutions of higher education and learning as well as the System Office. Our USG Statement of Core Values are Integrity, Excellence, Accountability, and Respect. These values serve as the foundation for all that we do as an organization, and each USG community member is responsible for demonstrating and upholding these standards.

More details on the USG Statement of Core Values and Code of Conduct are available in USG Board Policy 8.2.18.1.2 and can be found online at https://.

Additionally, USG supports Freedom of Expression as stated in Board Policy 6.5 Freedom of Expression and Academic Freedom found online at https://.

Augusta University

Our Health Sciences Campus: 1120 15th Street, Augusta, GA 30912

Our Summerville Campus: 2500 Walton Way, Augusta, GA 30904

The Controller's Division Missions are:
Account for all financial resources and provide advice to administrators, faculty, and students to support the University's overall mission of instruction, research, and healthcare services;
Manage the investment of all University funds to ensure maximization return on investments;
Receive and deposit all funds due to the University in a timely manner;
Ensure compliance with both internal and external regulations, policies and procedures;
Maintain and process the University payroll, accounts payable, and travel disbursements efficiently, accurately, and timely;
Prepare financial and statistical information to the University management, federal and state agencies, and other interested parties;
Maintain the University's accounting and financial reporting systems.

The Asset Management Specialist is a key member of the finance division responsible for safeguarding, managing and accurately reporting the university's capital assets, including building, equipment, infrastructure, construction-in-progress, and right-to-use assets. This role ensures compliance with Board of Regents, State of Georgia, and GASB standards, with a particular focus on lease accounting and capital asset stewardship. Partnering with Accounting, Procurement, Information Technology, Facilities, and external agencies and stakeholders, the Asset Management Specialist drives accurate recordkeeping, supports audits, and strengthens transparent, reliable financial reporting across the University.

• Develop and maintain subject matter expertise in governmental accounting standards (GASB), generally accepted accounting principles (GAAP) and University System of Georgia (USG) policies and procedures for capital asset accounting.
• Execute monthly close activities for capital assets, ensuring accurate reflection in the University's financial systems.
• Perform monthly reconciliations of capital-to-actuals for non-project-related accounts, maintaining integrity between budgets and expenditures.
• Review gain and loss account activity each month, recording corrections as needed to ensure accurate financial reporting.
• Enter completed capital projects into the Asset Management (AM) module and maintain system accuracy.
• Reconcile AM module data () to the general ledger () monthly, identifying and resolving discrepancies.
• Reconcile depreciation expense and Net Book Value (NBV) in the financial system to ensure compliance with Board of Regents, State of Georgia, and GASB standards.
• Develop and maintain subject matter expertise in governmental accounting standards for lease accounting,…