Financial Asset Specialist

4 days ago

Bengaluru, Karnataka, India beBeeAccountant Full time ₹ 80,00,000 - ₹ 1,00,00,000
Job Description:

We are seeking an experienced Fixed Asset Accountant to join our team. This role will be responsible for the timely processing, routing, tracking, and reporting of fixed assets. Additionally, the position will provide support for other general accounting processes.

Key Responsibilities:

  • Review fixed asset authorizations to ensure they are appropriate as capital and confirm the correct level of authority for the amount requested.
  • Set up assets in Oracle to track spending.
  • Identify assets that are ready to place in service and obtain a capitalization form from the business units.
  • Create system records for new assets.
  • Record asset disposals and sales.
  • Record transfers and capitalizations.
  • Prepare and record fixed asset related entries in non-Oracle general ledgers.
  • Provide physical tags to locations and assign numbers for newly capitalized assets.
  • Run depreciation expense using Oracle system tools.
  • Reconcile fixed asset subledger to the general ledger (research and correct differences).
  • Report construction-in-process detail and capital expenditures to each business unit.
  • Prepare a roll-forward of fixed asset balances, including new assets, disposals, depreciation expense, and foreign exchange that ties to the GL.
  • Prepare gain and loss report for assets sold and disposed.
Required Skills and Qualifications:

To be successful in this role, you will need:

  • Five years of accounting experience (US GAAP).
  • Knowledge of commonly used accounting and fixed asset concepts, practices, and procedures.
  • Proficiency in Oracle Project Accounting, Fixed Assets, and General Ledger modules.
  • The ability to work with limited supervision and make level-appropriate decisions.
  • Detail-oriented skills with the ability to work with large spreadsheets and reconcile large amounts of data from multiple sources.
  • The ability to interact with internal customers at multiple locations via email or phone.
  • Excellent communication and organizational skills.
Benefits:

This role offers a competitive salary and benefits package, including:

  • A comprehensive health insurance plan.
  • A 401(k) retirement savings plan.
  • Generous paid time off and holidays.
Others:

This role requires a high level of accuracy and attention to detail, as well as strong analytical and problem-solving skills. The ideal candidate will have a passion for accounting and be able to work effectively in a fast-paced environment.

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