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Fixed Asset Associate

4 months ago

Pune Maharashtra, India NielsenIQ Full time

**Company Description**
NIQ is the world’s leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. In 2023, NIQ combined with GfK, bringing together the two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insights—delivered with advanced analytics through state-of-the-art platforms—NIQ delivers the Full View.

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**Job Description** ABOUT THIS JOB**

At Nielsen, a Shared Service Center (SSC) Fixed Asset Associate is responsible for recording the cost of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation, and accounting for the disposition of fixed assets, related reconciliations for their respective entities, under the umbrella of the Operational Controller.

**RESPONSIBILITIES**
- Create and monitor a system of controls, procedures, and forms for recording of fixed assets.
- Record fixed asset acquisitions and dispositions in the accounting system.
- Reconcile the balance in the fixed asset subsidiary ledger to the summary level account in the general ledger.
- Calculate depreciation/un-planned for all fixed assets.
- Review and update the detailed schedule of fixed assets and accumulated depreciation.
- Calculate asset retirement for fixed assets.
- Manual Validation of CAPEX schedule with SAP.
- Preparing the capital lease schedules/calculations
- Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
- Perform all related deliverables of fixed assets to record-to-report and shared services accounting process.
- Work with Business Unit for getting invoices for capitalization of fixed assets that are parked in Fixed Assets Holding Control Account.
- Maintain internal process documentation to reflect the most up-to-date ways of work using the most recent Nielsen toolset (Google, etc.). Ensure standard operating procedures are operationalized and consistent in both content and format with expectations laid out by Global Financial Controlling.
- Maintain Fixed Assets financial accounting related internal controls within the market; ensure robust account reconciliations and SOX compliance.
- Maintain an appropriate system configuration and IT environment to ensure effective and efficient execution of Fixed Assets financial accounting processes.
- Support external and internal audits with supporting documentation, archive retrieval, journal walk through, and other audit requirements under the supervision of the Operational Controller.
- Assist the Operational Controller and/or broader Finance & Accounting Services team for the region on any initiatives, projects or systems implementations.
- Work with Associate Operational Controller, Operational Controller and their teams on compliance and governance.
- Work with AP and GL Team internally on processes and systems.
- Link up with internal audit for internal control or audit purposes.
- Other transverse functions (SAP MDG and SAP FICO Team etc.)

**A LITTLE BIT ABOUT YOU**

A successful Fixed Assets Associate is to ensure that there is no error in the CAPEX movements in SAP and FA related activities. There is no or mínimal amount in Fixed Assets Holding Account which confirms the Fixed Assets Accounting process execution is in line with overall Financial Statements. S/he will have met or exceeded expectations on all Fixed Assets Deliverables, Metrics and ensure solid controls are in place and functioning.
**Qualifications**
- Bachelor’s degree in Accounting
- 1 - 3 years of experience in accounting of a multinational company.
- Experience with ERP systems (SAP module is a plus)
- Working knowledge of accounting concepts under U.S. GAAP and preferably with
- IFRS/Local GAAP and SOX compliance
- Excellent analytical skills
- Demonstrated attention to detail and accuracy while meeting strict deadline
- Effectively manage time and priorities and work efficiently
- Self-motivated and the ability to work effectively in a team environment
- Proven interpersonal and communication skills
- Proven problem solving skills with demonstrated ability to take action in solving issues
- Strong customer service orientation: need good listening and communication skills

**Additional Information**

**About NIQ**

NIQ is the world’s leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. In 2023, NIQ combined with GfK, bringing together the two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insights—delivered with advanced analytics through state-of-the-art platforms—NIQ delivers the Full View.

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