Lennox (NYSE: LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member’s contributions and offers a supportive environment for career development. Come, stay, and grow with us.

The Fixed Assets Analyst Lead is responsible for leading and executing end-to-end fixed asset accounting activities, ensuring accuracy, timeliness, and compliance with company policy and U.S. GAAP. This role serves as a subject matter expert for capitalization, depreciation, asset transfers/retirements, impairments, project accounting (CAPEX), and fixed asset reporting. The Lead partners cross-functionally with Finance, Operations, Project Managers, and IT to ensure fixed assets are properly recorded, supported, and controlled. The position also supports process improvements, automation, and internal controls/SOX compliance, and may oversee or mentor junior analysts or offshore/onshore resources.

Key Responsibilities

• Lead monthly fixed asset close activities including depreciation, additions, retirements, transfers, CIP (Construction in Progress), and reconciliation of fixed asset subledger to the general ledger.
• Review capitalization requests and ensure proper classification by asset type, useful life, and depreciation method in accordance with policy and GAAP.
• Manage asset lifecycle activities including transfers between locations, retirements/disposals, write-offs, and sale of assets.
• Ensure accurate accounting for CIP, including timely capitalization, project status tracking, and coordination with business partners for in-service dates, prepare and/or review monthly rollforwards.
• Prepare and/or review fixed asset journal entries, supporting schedules, reconciliations and variance explanations.
• Support quarterly and annual financial reporting requirements and footnote disclosures as applicable.
• Maintain strong documentation standards and ensure compliance with internal controls and SOX requirements.
• Own or support key fixed asset controls.
• Identify, recommend, and implement process improvements to streamline fixed asset activities, improve cycle time, and strengthen accuracy (including automation opportunities).
• Create and maintain SOPs, and training materials; ensure knowledge transfer across team members.
• Train new employees and coordinate work with shared services resources; ensure deliverables meet quality and timeline expectations.
• Participate in system upgrades, integrations, and testing impacting fixed asset accounting.

• Bachelor’s degree in Accounting or Finance.
• 5+ years of progressive accounting experience with significant fixed asset experience.
• Strong understanding of fixed asset accounting concepts (capitalization rules, useful lives, depreciation, impairments, disposals, CIP).
• Experience with month-end close, reconciliations, and preparing journal entries.
• Ability to communicate clearly with cross-functional partners and explain accounting concepts in practical terms.

Preferred

• ERP experience such as SAP FI-AA (strongly preferred), Hyperion
• SOX control environment and audit support experience.
• Prior experience leading workstreams, mentoring others, or coordinating offshore/onshore resources.
• CPA or progress toward CPA a plus

Compensation: This is a salaried exempt role. The starting salary range for this role and market is between $95,000 - $125,000 annually. Factors that may affect starting salary include geography/market and the skills, education, experience, and other qualifications of the successful candidate. Employees in this role are also eligible for an annual bonus in accordance with the terms of the Company’s applicable plan. Employees in this role are not eligible for overtime.

Benefits: Subject to applicable eligibility requirements, the following benefits are offered for this role: tuition reimbursement; medical, dental, and vision insurance; prescription drug coverage; 401(k) retirement plan; short-term disability insurance; 8 weeks paid birthing leave; 2 weeks paid bonding leave; life and long-term disability insurance.

Depending on date of hire, and subject to applicable eligibility requirements, new employees in this role also receive up to: 12 days paid time off, 2 paid well-being days, 1 paid volunteer day, 12 paid holidays, and 3 floating holidays per year.

Our Culture: At Lennox, our Core Values of Integrity, Respect & Excellence are ingrained in the fabric of the organization. They define our culture – which is about how we do business and how we treat others. Lennox is not just a workplace; we are a global community that values each team member’s contributions. As an equal opportunity employer, we are committed to recruit, develop, and retain talented individuals from a wide range of backgrounds, ensuring that everyone has the opportunity to succeed and contribute to our continued growth and success. At Lennox, you’ll take pride in our brands, knowing you are part of something special. Come, stay, and grow with us! 

Disclaimers: The compensation and benefits information is accurate as of the date of this posting. Lennox reserves the right to modify this information at any time, with or without notice, subject to applicable law.