Fixed Asset Accounting| Banaglore | 25-30 LPA| CA

About Our Client The company is a mid-sized organisation in the software sector, known for its innovative solutions and focus on excellence in the technology and telecoms industry. It offers opportunities to contribute to impactful projects within a supportive and professional environment. Job Description Fixed Asset Lifecycle Management: * Manage the complete fixed asset lifecycle, including acquisition, capitalization, transfer, depreciation, impairment, and disposal in accordance with US GAAP, IFRS and Ind AS. * Ensure accurate and timely recording of all fixed asset transactions in the general ledger. * Perform monthly, quarterly, and annual closing activities related to fixed assets, including reconciliations of fixed asset sub-ledger to the general ledger.Policy & Compliance: * Develop, review, and update fixed asset accounting policies and procedures to ensure compliance with changing accounting standards (US GAAP, IFRS India GAAP, and any other relevant local regulations). * Provide guidance and interpretation on complex fixed asset accounting issues. * Ensure all fixed asset activities adhere to internal controls and audit requirements.Depreciation & Reporting: * Calculate and record monthly depreciation for all fixed assets, ensuring accuracy and adherence to company policies and accounting standards. * Prepare detailed fixed asset schedules, reports, and reconciliations for management reporting, financial statements, and audit purposes. * Assist in the preparation of cash flow statements, specifically related to capital expenditure.System Management & Implementation (Oracle ERP): * Serve as a key user and subject matter expert for fixed asset modules within Oracle ERP (e.g., Oracle Fixed Assets, Oracle Fusion, Oracle E-Business Suite R12). * Participate actively in Oracle system implementation, upgrades, or optimization projects, focusing on fixed asset configurations, data migration, testing, and user training. * Identify and implement process improvements within the fixed asset accounting function utilizing Oracle functionalities.Audits & Controls: * Coordinate and support internal and external audits related to fixed assets, providing necessary documentation and explanations. * Conduct periodic physical verification of fixed assets and reconcile discrepancies. * Maintain robust internal controls over fixed assets to safeguard company assets.Collaboration & Support: * Collaborate cross-functionally with project teams, engineering, operations, and procurement departments to ensure proper capitalization of assets and accurate project cost tracking. * Provide support and guidance to junior team members on fixed asset accounting matters. The Successful Applicant * Education & Certification: Degree in Accountancy with a CA/CPA qualification. * Fixed Asset Accounting Expertise: 3-4 years of comprehensive, hands-on experience in end-to-end fixed asset accounting, including managing the month end close process for fixed asset modules, ensuring all related compliances, and preparing statutory fixed asset registers. * GAAP : Working knowledge and proven application of fixed asset accounting principles and standards under both US GAAP, IFRS and Ind-AS. * Oracle ERP Proficiency: Strong command and demonstrated experience with Oracle's Project Accounting, Fixed Assets, and General Ledger modules. * Analytical & Autonomous: Highly detail-oriented with a proven ability to work with large datasets, reconcile complex information from multiple sources, and make sound, level-appropriate decisions with limited supervision. * Collaboration & Compliance: Excellent interpersonal skills for seamless cross functional collaboration (e.g., with asset owners, IT, and other finance teams), coupled with a meticulous approach to ensure impeccable accuracy in asset reporting, audit support, and physical verification practices. * Proficiency in Microsoft Excel (advanced functions, pivot tables, data analysis). * Strong communication and interpersonal skills, with the ability to articulate complex financial information clearly and concisely. * Ability to work independently, manage multiple priorities, and meet tight deadlines. * Knowledge of project accounting related to capital expenditures What's on Offer - Competitive salary in the range of ₹2500000 to ₹3000000 per annum, based on experience and qualifications. - Generous holiday leave and flexible working arrangements. - Opportunities to work in a leading organisation within the technology and telecoms industry. - A professional environment that supports growth and skill development. - Comprehensive benefits package, including health and wellness programmes. If you are passionate about fixed asset accounting and are looking for a challenging opportunity in Bangalore, we encourage you to apply today