Fixed Assets Accounting Professional

3 days ago

Pune, Maharashtra, India beBeeAccounting Full time ₹ 15,00,000 - ₹ 20,00,000
Job Title: Team Lead

Lead a team of professionals to ensure the accurate recording, classification, and reporting of fixed assets and prepaid expenses.

Key Responsibilities:
  • 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) Key Responsibilities:
  • 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.

Required Skills and Qualifications:

  • 6-12 years post qualification experience with hands-on knowledge in Fixed Assets accounting.
  • At least 2-3 years in a lead or supervisory role.
  • Hands-on experience on FA module in SAP.
  • Strong experience with ERP systems (e.g., Oracle, SAP, Blackline).
  • Advanced Excel skills.

Preferred Skills:

  • Familiarity with SOX compliance and internal controls frameworks.
  • Ability to communicate strongly and influence without authority.
  • Strong math, analytical skills.
  • Having a continuous improvement mindset.
  • Flexibility and good team player.

Working hours - 10:30 AM to 7:30 PM

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