Fiscal Governance Specialist

1 week ago

dindigul, India beBeeAccounting Full time

Accounting Specialist Job DescriptionAs an accounting specialist, you will be responsible for ensuring accurate and timely financial reporting, while maintaining a high level of compliance with regulatory requirements.Key Responsibilities:Review and Analysis:• Review existing SAP FI-AA configuration, including Asset Fiscal Year Variant, Period Control Methods, Depreciation Areas, and Depreciation Keys.• Identify gaps, errors, and downstream impacts caused by incorrect Fixed Asset Calendar configuration.• Conduct detailed impact analysis on Asset Master Records, Depreciation Runs, Closed Fiscal Years, and Financial Reporting.Rectification and Maintenance:• Redesign and correct the Asset Fiscal Year Variant to align with the organization's actual fiscal calendar.• Reconfigure period controls, useful life settings, depreciation keys, asset classes, and value dates as required.• Lead remediation efforts for impacted assets, including adjustments, recalculations, and corrections using transactions such as AW01N, AS02, AFAR, AFAB, AJRW, OAYR, and AJAB.• Ensure accurate historical depreciation adjustments, asset value postings, and full reconciliation with the General Ledger.Testing and Validation:• Develop and execute FI-AA test scenarios, including depreciation simulations, period-end closing, and year-end processing.• Coordinate data corrections and migration activities when asset master data or posted values require cleanup.• Validate asset balances, depreciation postings, and period controls after corrective actions.Collaboration and Communication:• Collaborate with Finance Controllers, auditors, and cross-functional teams to ensure accounting accuracy and audit readiness.• Provide complete documentation, user training, and knowledge transfer to internal Finance and IT teams. 3; 0;Benefits:We offer a comprehensive compensation package that includes competitive salary, benefits, and opportunities for professional growth and development. 3; 0;Requirements:• Bachelor’s degree in Accounting or related field • Minimum 3 years of experience in accounting, preferably in SAP FI-AA environment • Strong analytical and problem-solving skills • Excellent communication and interpersonal skills • Ability to work independently and collaboratively as part of a team

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