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IT Services and IT Consulting

Senior Manager - Fixed Assets, Lease & Capital Projects Accounting Manager

United StatesOnsiteFull Time$126,000–$190,000 /yrPosted 8 hours ago

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G42 Americas is a global artificial intelligence and technology group with its origins in Abu Dhabi, rapidly growing its presence in the US, Europe and other global markets. We are building a vertically integrated AI powerhouse with an ambition and a proposition on par with the world's leading hyperscalers, spanning AI data centers, hyperscale AI cloud infrastructure and frontier AI applications.

At the core of that ambition is a simple idea: G42 is building the world's AI token factory and AI agent factory, the industrial-scale infrastructure that produces intelligence, and the platforms that turn that intelligence into agents and applications reshaping how governments, enterprises and society work.

Overview:

Reporting to the Assistant Controller and partnering closely with the Chief Accounting Officer (CAO), this role owns fixed asset accounting, construction-in-progress (CIP), lease accounting, and capital project accounting. This leader will build scalable processes and controls supporting significant investments in AI infrastructure, data centers, real estate, technology assets, and lease portfolios.

Responsibilities:

Fixed Assets, CIP & Lease Accounting

  • Own accounting for capital expenditures, construction-in-progress (CIP), fixed assets, depreciation, amortization, and asset disposals.
  • Own lease accounting activities and processes, including lease inception, modifications, renewals, reassessments, and periodic remeasurement activities under ASC 842.
  • Lead monthly close activities related to fixed assets, CIP, depreciation, amortization, and leases, including reconciliations and balance sheet certifications.
  • Partner with Data Centers, IT, Operations, Procurement, Treasury, Legal, and FP&A to ensure accurate capitalization and accounting treatment of infrastructure investments.
  • Partner with infrastructure, construction, and operations teams to support physical asset tracking, large-scale AI data center and technology deployments, transfers, and retirement activities, monitor project costs, and assess capitalization timing.
  • Review contracts and capital projects to identify capitalization, lease accounting, and related accounting considerations under US GAAP.
  • Maintain fixed asset and lease subledgers, physical asset inventories, and supporting documentation to ensure complete and accurate asset records.
  • Ensure accurate accounting for fixed assets and leases across multiple legal entities, currencies, and jurisdictions.
  • Develop KPIs related to capital spending, asset utilization, CIP aging, project capitalization timelines, and lease portfolio management.
  • Champion automation and process improvements across asset lifecycle management, lease administration, and capital project accounting.

Financial Reporting, Controls & Audit

  • Prepare fixed asset, CIP, depreciation, and lease accounting schedules supporting internal and external reporting.
  • Serve as primary point of contact for fixed asset and lease audit procedures and support audit documentation requirements.
  • Partner with FP&A to support capital expenditure forecasting, long-range planning, and infrastructure investment reporting.
  • Design and maintain scalable controls, policies, and documentation supporting future public-company reporting, SOX readiness, and governance requirements.
  • Recruit, develop, and lead a scalable fixed assets and lease accounting function as the organization grows.

Qualifications:

  • 9+ years of progressive accounting experience including fixed assets, lease accounting, capital projects, or infrastructure investments.
  • Active CPA strongly preferred; prior Big 4 or top-tier national public accounting experience is a plus.
  • Direct experience applying US GAAP to fixed assets, capitalization, construction-in-progress, asset impairment, asset retirement considerations, and ASC 842 lease accounting.
  • Experience managing fixed asset, lease, and project accounting functions through periods of rapid growth and significant capital investment.
  • Experience supporting accounting for data center infrastructure, colocation facilities, high-performance computing equipment, or other large-scale technology deployments is strongly preferred.
  • Hands-on experience with modern ERP systems (Dynamics/D365, SAP, Oracle Cloud, NetSuite, Workday) and fixed asset management tools.
  • Experience implementing or enhancing fixed asset, lease accounting, or project accounting systems and processes.
  • Direct experience managing multi-entity and high-growth environments.
  • Experience supporting major capital construction projects, infrastructure investments, and large-scale asset deployments.

Compensation & Benefits

The base salary for this full-time position ranges from $126,000 our lowest geographic market to $190,000 in our highest geographic market. The actual base salary will be determined by various factors, including the position’s location, job-related skills, knowledge, experience, and relevant education or training.

Certain roles are eligible for additional rewards, such as merit-based salary increases, annual bonuses, and long-term incentive plans, which are contingent on individual and company performance. Additionally, some positions offer the opportunity to earn sales incentives based on revenue or utilization targets.

As a full-time employee, you will also have access to comprehensive benefits, including leading healthcare options (medical, dental, and vision insurance), a 401(k) plan with company matching, company-sponsored short-term and long-term disability coverage, life insurance, paid time off, and various well-being benefits, among others.

Equal Employment Opportunity

G42 Americas is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity or expression, genetic information, immigration status, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations and ordinances.

If you need assistance and/or a reasonable accommodation to participate in the job application or interview process, or to perform the essential functions of the position, please contact us at USA-ExternalCandidates@g42.ai.

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