Lead Fixed Assets

Job Type: Full time

Job Summary

To oversee day to day accounting of Fixed Assets, Insurance, Inventories and Assets movement, ageing, physical verification, reconciliation and to ensure timely and accurate Month end / Quarter end / Year end closing and reporting

Responsibilities

• To oversee day to day Fixed Assets Accounting and to guide team with accounting issues
• To ensure timely creation of IO / WBS and allocation of budget
• To ensure timely reconciliation of consumption booking and capitalisation
• To coordinate with Technology / IT / FSD / User team for understanding nature of asset for mapping depreciation key
• To do regular GL scrutiny to mitigate risk of wrong/ inaccurate financial reporting
• To maintain FAR as per Companies Act and Income Tax Act and ensure that FAR should match with SAP GL balances
• To conduct quarterly / Periodic verification of inventories at Warehouse and at Partner location
• To conduct physical verification of Fixed Assets on annual basis.
• To identify the differences and To get that reconcile with the help user team to ensure to mitigate risk of loss, pilferage and audit risk
• To ensure periodic updation of data with Insurer to ensure adequate coverage of risk
• To publish timely and accurate monthly and annual financial statements.
• To review and improvise existing MIS on need basis
• To ensure smooth closure of all audits including Statutory, Tax, Internal audits and IFC certification
• To actively participate and contribute in projects and key initiatives from Finance perspective
• Direct reports: 1

Experience Requirements

• 5 Years plus

Education Requirements

• CA/CMA/ICW with at least 5 years+ experience in Fixed Assets Accounting in SAP environment. Knowledge of PS module of SAP will be added advantage

Required Skills

• Analytics
• Orientation to details
• Accounting
• Data Entry Skills
• Financial Software (SAP)
• Analyzing Information
• Verbal Communication
• IndAs accounting
• Big4 audit experience