Fixed Assets Team Lead

3 days ago

Delhi, Delhi, India beBeeAccounting Full time ₹ 25,00,000 - ₹ 30,00,000
Fixed Assets Accounting Leader

Greetings from our organization. Please see below the Job Description for the position.

  • Position : Fixed Assets Accounting Leader
  • Industry : Pharmaceutical Manufacturing
  • Location : Pune
  • Mode-Hybrid

Key Responsibilities

Fixed Assets and Prepaid Accounting:

• 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.

• Identifying 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:

o CA having 9-12 years post qualification experiences with hands on knowledge in Fixed Assets accounting and at least 2–3 years in a lead or supervisory role.

Required Work experience:

o Hands on experience on FA module in SAP , Fixed Assets/Prepay US GAAP policies

o Managing End-to-End Month end close process (R2R)

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

Soft Skills:

o Ability to communicate strongly and influence without authority

o Strong math, analytical skills

o Having a continuous improvement mindset

o Flexibility and good team player

],

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