Fixed Asset Analyst

Lumos Fiber is seeking an analytical and detail-oriented Fixed Asset Analyst to support the financial management of capital projects and fixed assets across our growing organization. This role is responsible for supporting fixed asset and construction accounting processes from project setup through asset capitalization while ensuring accuracy, compliance, and operational efficiency. The ideal candidate thrives in a fast-paced environment and enjoys partnering cross-functionally to improve processes, solve problems, and support strategic financial reporting and decision-making. Experience with construction or project accounting and familiarity with the NetSuite Fixed Asset module are strongly preferred. Company Summary Lumos is on a mission to deliver lightning-fast, 100% Fiber Optic internet to the communities that need it most. After the merger of Lumos Networks and North State in 2022, we quickly rose to become a leading fiber internet provider. And as of April 1, 2025, we’ve joined forces with T-Mobile to launch T-Fiber—a joint venture that blends Lumos’ infrastructure expertise with T-Mobile’s national reach to bring fiber to more homes than ever before. We currently connect over 475,000 homes, businesses, and multi-family buildings across nine states in the East and Midwest. With major growth in markets like Ohio, Alabama, Florida, and Georgia—and a shared goal of reaching 12 to 15 million homes by 2030—Lumos is playing a vital role in closing the digital divide. Our Mission and Values At Lumos, we are driven by our commitment to a brighter tomorrow . We take pride in being the first to deliver 100% Fiber Optic Internet for families, small businesses, and communities. We know the possibilities of tomorrow can’t be built on the infrastructure of yesterday. And when we deliver uninterrupted Internet and limitless capacity, we create new opportunities for everyone. We believe that the past is over, and the future is fast. That’s why we are who we are: the disruptors of the status quo. Guided by our purpose and startup mindset , we step up, move first, and adapt as we go. Here, there’s no hierarchy, only hustle. We are all servant leaders , confident in our purpose and humble enough to pay close attention to the details. We all have the power to help solve problems and find solutions for our customers and teammates - and we do - by putting people first and doing whatever it takes to build loyalty with our customers and within our team. We’re passionate about our customers’ experience . Their futures don’t stand still, and neither do ours. We’ll never stop reinventing ourselves to meet our customers’ evolving needs - because we know that our work, delivering 100% fiber optic internet, truly changes people’s lives. Essential Functions Manage the fixed asset and Construction in Progress (CIP) process from capital project setup through project closure and asset capitalization. Review construction project activity to ensure proper coding, capitalization treatment, and financial accuracy in accordance with company policy and GAAP. Partner closely with the Construction and Operations teams to review project details, resolve coding issues, and improve financial data quality. Prepare month-end journal entries, supporting schedules, and reconciliations related to fixed assets, depreciation, inventory, and capital expenditures. Perform detailed account analysis and variance analysis for fixed asset and capital-related accounts and communicate findings to management. Prepare monthly CAPEX reporting packages to support accounting close. Complete Fixed Asset, CIP, and Inventory account reconciliations accurately and timely for high-value fixed asset and project-related accounts. Research and resolve accounting discrepancies, system issues, and transactional variances within the general ledger and related systems. Maintain accurate fixed asset records and ensure compliance with accounting policies and capitalization guidelines. Investigate system-related issues impacting fixed asset reporting processes and collaborate with business partners to identify solutions. Identify opportunities to improve workflows, reporting accuracy, automation, and operational efficiency across fixed asset accounting functions. Support testing, validation, and implementation of system enhancements, process changes, and code updates within NetSuite. Serve as a resource to field and operational teams regarding accounting processes, capitalization guidance, and project coding questions. Assist in developing and maintaining internal controls, procedures, and documentation related to fixed assets accounting. Support internal and external audit requests related to fixed assets, CIP, and inventory. Assist with year-end reporting and audit schedules. Participate in special projects, reporting initiatives, and process improvement efforts as assigned. Knowledge, Skills, and Abilities Required Strong understanding of fixed asset accounting, capitalization policies, GAAP, and month-end close processes. Ability to manage responsibilities independently while collaborating across departments. Experience analyzing large datasets and identifying trends, discrepancies, and process improvement opportunities. Strong systems aptitude with the ability to investigate issues, improve workflows, and support system enhancements. Excellent analytical, organizational, and problem-solving skills. Strong communication skills with the ability to work effectively with both accounting and non-accounting personnel. Advanced Excel skills required. Experience with NetSuite, including the Fixed Asset module, strongly preferred. Ability to adapt to changing business needs and manage multiple priorities in a fast-paced environment. Detail-oriented with strong ownership and accountability mindset. Other Experience & Requirements Bachelor’s degree in Accounting required CPA preferred. 4+ years of fixed asset, project accounting, or related accounting experience. Telecom industry experience preferred. Physical Requirements Ability to remain in a stationary position for extended periods of time. Ability to operate standard office equipment including computers and phones. Ability to communicate effectively in a virtual and team-based environment. Benefits & Perks Our commitment to communities includes recruiting and rewarding the Lumos team members who are working together to build a brighter tomorrow. We have: Comprehensive health, dental, and vision coverage. Competitive compensation packages, including bonus options for eligible positions. Paid Time Off & Paid Holidays. Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). 100% employer-paid life and disability insurance. Employee Assistance Program (EAP) with access to professional support for life’s challenges. 401K plan w/ up to 5% employer contribution and a self-directed brokerage option. Wellness program offering education and cash incentives for gym attendance and nutrition programs. Employee referral bonuses. Discounts on Lumos Fiber Internet for employees who live in our service areas. Applicant Eligibility Notice: Applicants must be at least eighteen (18) years of age at the time of application. At Lumos we recruit, hire, employ, train, promote, and compensate individuals based on job-related qualifications and abilities. We have a longstanding policy of providing a work environment that respects the dignity and worth of each individual and is free from all forms of employment discrimination, including harassment, because of race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. We will provide reasonable accommodation to qualified individuals with disabilities or based on a sincerely held religious belief, in accordance with applicable laws.