Senior Asset Accounting Manager

4 days ago

Surat, Gujarat, India beBeeAccounting Full time ₹ 31,50,000 - ₹ 63,00,000
Senior Asset Accounting Manager

At our organization, we are seeking a highly skilled and experienced senior asset accounting manager to oversee the asset accounting function.

Key Responsibilities
  • Asset Accounting:
    • Oversee the full lifecycle of asset accounting, including capitalization, depreciation, disposals, transfers, and impairments.
    • Ensure compliance with US GAAP and internal accounting policies related to assets.
    • Lead periodic reconciliations between the asset subledger and general ledger.
    • Manage physical verification processes, tagging, and documentation of assets.
    • Prepare and review asset schedules, roll-forwards, and supporting documentation for audits and internal reporting.
    • Manage accounting for prepaid expenses, ensuring proper classification and timely amortization based on contract terms or policy guidelines.
    • Review monthly amortization entries and ensure appropriate cut-off and accrual practices are followed.
  • Record to Report (R2R):
    • Lead monthly, quarterly, and year-end close activities including journal entries, account reconciliations, accruals, and financial analysis.
    • Ensure compliance with US GAAP, internal controls, and SOX requirements.
    • Perform financial statement review for Assets and Prepaid areas and provide meaningful variance analysis.
    • Lead standardization, documentation, and automation initiatives across R2R processes.
    • Collaborate with cross-functional teams across regions and departments to ensure smooth financial operations and resolve accounting issues.
  • Audit Support & Others:
    • Collaborate with global finance, tax, compliance, and operations teams on shared initiatives and projects.
    • Act as a key point of contact for external and internal auditors, support physical asset verification, audit requests, and reporting requirements.
    • Continuously assess risks and implement robust controls across assets and prepaid areas.

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