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Senior Asset Management Specialist

3 weeks ago

Erode, Tamil Nadu, India beBeeAssetManagement Full time ₹ 24,00,000 - ₹ 36,00,000
Senior Asset Management Specialist

Greetings from our organization.

Please see below the job description for the position "Senior Asset Management Specialist".

  • Industry: Pharma Manufacturing
  • Location: Erode
Key Responsibilities:Fixed Assets and Prepaid Accounting (US GAAP):

• Oversee the full lifecycle of fixed asset accounting, including capitalization, depreciation, disposals, transfers, and impairments.

• Ensure compliance with 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.

Requirements:Qualifications:

• CA with 9-12 years post-qualification experience, with hands-on knowledge in fixed assets accounting and at least 2–3 years in a lead or supervisory role.

Work Experience:

• Hands-on experience with FA module in SAP, fixed assets/prepay US GAAP policies.

• Managing end-to-end month-end close process (R2R).

• Strong experience with ERP systems (e.g., Oracle, SAP, Blackline) and advanced Excel skills.

• Good to have: Familiarity with SOX compliance and internal controls frameworks.

Soft Skills:

• Ability to communicate strongly and influence without authority.

• Strong math, analytical skills.

• Having a continuous improvement mindset.

• Flexibility and good team player.

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