Senior Fixed Asset Accounting Specialist

3 days ago

Mysore, Karnataka, India beBeeAccounting Full time ₹ 28,80,000 - ₹ 36,00,000
Job Opportunity

The Fixed Assets Manager will oversee the entire lifecycle of fixed asset accounting, encompassing capitalization, depreciation, disposals, transfers, and impairments. This role demands strict adherence to US GAAP and internal accounting policies related to fixed assets.

  • Main Responsibilities:
  • Ensure compliance with US GAAP and internal accounting policies related to fixed assets.
  • Supervise the full lifecycle of fixed asset accounting, including capitalization, depreciation, disposals, transfers, and impairments.
  • 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.
Key Qualifications
  • A Chartered Accountant with 9-12 years post-qualification experience in Fixed Assets accounting, coupled with 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.
  • Expertise in managing end-to-end Month-end close process (R2R).
  • Strong experience with ERP systems (e.g., Oracle, SAP, Blackline) and advanced Excel skills.

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