Principal Capital Accountant

Our Opportunity

Work Location: Perth, Western Australia.  Fortescue’s Perth office is located on the traditional lands of the Whadjuk people.

Roster:  Monday to Friday.

We’re seeking a Principal Capital Accounting professional to join our Finance team, based at the Perth office and reporting to the Manager Capital Accounting.

This full-time role offers a great opportunity to take on a leadership position that supports both the capital and lease accounting functions, with exposure to a diverse range of projects across the business. You’ll play a key role in overseeing month-end and reporting processes, coordinating fixed asset transactions, and providing expert accounting guidance on major capital and lease considerations.

If you’re looking to expand your influence, lead process improvements, and contribute to Fortescue’s strategic and decarbonisation reporting objectives, this role provides a rewarding opportunity to do so while working closely with a collaborative and high-performing team. 

Key Responsibilities

• Oversee end of month processes for capital accounting and lease accounting, including reporting.
• Coordinate fixed assets transactions to ensure compliance with accounting standards and timely processing, including capitalisations, correct asset allocation, depreciation and amortisations and asset disposals.
• Support the capitalisation of major projects by identifying the assets being capitalised and determining the useful life of assets and components.
• Coordinate the review of projects during budget and forecast cycles to determine if they are capital in nature.
• Assess capital expenditure requests to determine if they are capital in nature.
• Review the useful life of existing assets on an annual basis in compliance with accounting standard requirements.
• Develop and prepare capital and lease reports for half year and year end reporting including segmental reporting and decarbonisation reporting.
• Answer audit requests during interim, half year and end of financial year audits.
• Consider the accounting implications for capital/lease transactions and provide guidance and support to the Group Financial Accounting team.
• Review and maintain capital accounting policies and procedures ensuring compliance with relevant accounting standards, financial reporting and business requirements.
• Review, maintain and develop training materials and deliver presentations to the business to continue building capacity and understanding in relation to processes surrounding capital accounting.

Qualifications and Experience

• CPA or CA qualification.
• SAP experience preferable.
• 5 to 7 years previous experience required across either financial accounting, project accounting or management accounting, preferably in the resources industry.
• Strong understanding of Accounting Standards.
• Advance excel use.
• Strong attention to detail and accuracy, with excellent analytical and problem-solving skills.
• Proven ability to build relationships and communicate effectively across technical and non-technical audiences.
• The capacity to work well under pressure and manage competing deadlines, while demonstrating commitment to the Fortescue Values.

About Us

Be part of something big. Fortescue is leading the world with our plan to decarbonise our iron ore operations, projects that harness renewable energy and the development of technology that will change our planet forever.

Our Commitment

Fortescue celebrates individual strengths and team members are encouraged to bring their whole selves to work. Our global workforce drives and promotes an inclusive culture, both within our organisation and throughout the communities we interact with. Diverse backgrounds include First Nations Peoples, people with disabilities, LGBTQ+ community, gender, neurodiverse, cultural diversity, all age groups, and those with an intersectional or multiple diverse characteristics. We encourage candidates from all backgrounds to apply.

https://fortescue.com/careers 

Internal Candidates / Current Contractors please apply via Success Factors Careers Portal. For further information on how to apply please visit the Fortescue Hub. 

Fortescue reserves the right to close applications early should a suitable pool of candidates be identified. Fortescue will never contact you to ask for payment of any kind, whether directly or through a third party.