Fixed Assets Accounting Lead Position

2 days ago

Kottayam, Kerala, India beBeeAccounting Full time ₹ 25,00,000 - ₹ 30,00,000

Job Title: Fixed Assets Accounting Leader

Join our team as a Fixed Assets Accounting Leader and take charge of the full lifecycle of fixed asset accounting.

Key Responsibilities:

  • Oversee capitalization, depreciation, disposals, transfers, and impairments of fixed assets.
  • 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.

Qualifications and Requirements:

  • 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.
  • 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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