Fixed Asset Accountant

Key Accountabilities:

- Oversee the capitalization, depreciation, and disposal of fixed assets, ensuring compliance with IFRS, Industry standards and company policies.

- Perform depreciation variance analysis and develop and circulate global depreciation forecasts for budgeting and reporting.

- Calculation and posting of Capitalized interest entries, including the review of WACC with treasury.

- Maintain the Fixed Asset Register (FAR), reconciling sub ledger with the General Ledger.

- Manage accounting of asset transfer, retirements and disposals, including determining and recording of associated gain or loss.

- Roll forward PP&E & Intangible asset and Accumulated Depreciation accounts.

- Yearly impairment testing for Customer Lists, Trade Mark and Technology assets in working with the Corporate Accounting team.

- Track capital expenditures (Capex) against approved budgets and manage Construction in Progress (CIP) accounts, ensuring timely capitalization of completed projects.

- Support budgeting and forecasting processes by providing accurate asset-related data.

- Ensure compliance with applicable laws, regulations, and company policies, including understanding and adhering to SOX control.

- Coordinate with internal and external auditors and regulatory bodies as needed during financial and operational audits.

- Build and maintain SOPs for all Fixed Asset transactions and ensure compliance with company policy.

- Coordinate with technical accounting and global teams for queries and process improvements.

We believe you bring:

- Strong understanding of accounting principles and financial reporting related to Fixed Asset/Intangibles.

- Strong knowledge of IFRS and experience with large-scale capital projects.

- Proficiency in Microsoft Office Suite, with advanced skills in Excel.

- Experience with ERP systems, such as SAP.

- Experience working with CAPEX projects and asset impairment assessments.

- Strong analytical, problem-solving, and organizational skills.

- Ability to communicate effectively, both written and verbally, with employees at all levels within the organization.

We believe you are:

- CA /MBA Finance/CMA with a minimum of 5-8 years of relevant experience in fixed assets accounting, preferably in manufacturing industry.

- Committed to continuous education through workshops, seminars, and conferences.

- Strong sense of urgency and responsibility.

- Proactive approach to problem-solving with strong decision-making skills.

- Ability to work independently and as part of a team.

- Professionalism, patience & self-starter.