Senior Fixed Asset Accountant

2 weeks ago

New Delhi, India Overhead Door Global Capability Center Full time

Function:Manage fixed assets by ensuring timely processing, routing, tracking, and reporting. The position will also support other general accounting processes.Essential Duties and Responsibilities- Review fixed asset authorizations, ensure request is appropriate as capital & confirm correct level of authority for amount requested - Set up asset in Oracle to track spending - Identify assets that are ready to place in service and obtain capitalization form from the business units - Create system records for new assets - Record asset disposals and sales - Record transfers & capitalizations - Prepare and record fixed asset related entries in non-Oracle general ledgers - Provide physical tags to locations & assign numbers for newly capitalized assets - Run depreciation expense using Oracle system tools - Reconcile fixed asset subledger to the general ledger (research and correct differences) - Report construction-in-process detail and capital expenditures to each business unit - Prepare a roll-forward of fixed asset balances, including new assets, disposals, depreciation expense and foreign exchange that ties to the GL - Prepare gain & loss report for assets sold and disposedRequired Experience:5-9 relevant years of experienceNorth Bangalore LocationGeneral shiftSkills/Experience Requirements:- Five years accounting experience (US GAAP) - Knowledge of commonly used accounting/fixed asset concepts, practices, and procedures - Proficient in Oracle Project Accounting, Fixed Assets and General Ledger modules - Must be able to work with limited supervision and be able to make level-appropriate decisions - Detail-oriented with the ability to work with large spreadsheets and to reconcile large amounts of data from multiple sources - Ability to interact with internal customers at multiple locations by email or phone - Must meet deadlines for deliverables, especially processing and reporting during month-end close (first 10 business days of each month) - Computer skills, including strong Excel and Outlook

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