Asset Accounting Manager

3 days ago

Alwar, Rajasthan, India beBeeAccounting Full time ₹ 45,00,000 - ₹ 60,00,000
Fixed Assets Accounting Lead

We are seeking an accomplished accounting professional to spearhead our fixed assets and prepaid accounting efforts. As the Fixed Assets Accounting Lead, you will oversee the entire lifecycle of fixed asset accounting, encompassing capitalization, depreciation, disposals, transfers, and impairments.

Key Responsibilities:

  • Fixed Assets and Prepaid Accounting (US GAAP)
  • Ensure adherence to US GAAP and internal accounting policies related to fixed assets.
  • Lead periodic reconciliations between the fixed asset subledger and general ledger.
  • Manage physical verification processes, tagging, and documentation of assets.
  • Prepare and review fixed 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.
  • Identify accounting anomalies through detailed financial analysis and reconciliations to ensure accuracy and integrity of reported figures during month-end, quarter-end, and year-end close processes.
  • 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 Fixed 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 fixed assets and prepaid areas.

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