Asset Accounting Manager Career

Career Description:

Asset accounting is the recording and classification of an organization’s economic resources called assets.  Assets are classified as current assets and fixed assets. Current assets include cash, inventories, and receivables.  Fixed assets, on the other hand, include properties such as land, building, plant and equipment.  Fixed assets are the focus of asset accounting done by fixed asset accountants.  Managing and leading this group is an asset accounting manager.

The asset accounting manager is responsible for policy implementation, evaluation and review of property use and operation, loan payment coordination, and depreciated assets management.  It is a must that an asset accounting manager possesses excellent leadership, communication and interpersonal skills.  One must be analytical, organized and has the ability to resolve problems or conflicts. It is through formal education and relevant experience that an individual gains a chance for this type of career.

How to become an Asset Accounting Manager

Moving up to the position of an asset accounting manager requires one to earn a bachelor’s degree in accounting, finance or other related field.  Seek for an entry-level accounting position in various industries.  Gaining experience as an asset accountant will help one in advancing towards an asset accounting management position.  Pursue higher studies and earn a master degree or MBA.  Continue to learn and be updated with the ever changing world of business.

Asset Accounting Manager Courses, training, programs

Having an MBA prepares one for the challenges of this type of career.  An MBA includes various areas such as business, accounting, finance, economics, management, statistics, human resources, and information systems.  A student will gain background in finance principles, financial analysis, analytical skills and techniques, strategy formulation, business tools, financial reporting and control, marketing, leadership and management.

TOP 5 colleges/Universities

Stanford University, California

Harvard University, Massachusetts

Massachusetts Institute of Technology-Sloan, Massachusetts

University of Pennsylvania-Wharton, Pennsylvania

Northwestern University-Kellogg, Illinois

Asset Accounting Manager Jobs, opportunities, salaries/pay

An asset accounting manager has an average earning of $65,000 per year. The salary of an asset accounting manager is dependent on the employer, location and experience. Employment opportunities may be found in various private or public organizations.

Category: Accounting Careers

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