Expert Fixed Assets Manager

2 days ago

Guntur, Andhra Pradesh, India beBeeLeadership Full time ₹ 20,00,000 - ₹ 30,00,000
Fixed Assets Leadership Role

Greetings to exceptional accounting professionals. We are seeking a highly skilled and experienced leader for our Fixed Assets Accounting team.

  • Key Responsibilities:

Accounting and Compliance:

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.

Financial Reporting and Audits:

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.

Collaborate with cross-functional teams across regions and departments to ensure smooth financial operations and resolve accounting issues.

Audit Support and Continuous Improvement:

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 Qualification: A Certified Accountant having 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. Required Work experience: Hands-on experience on 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.

Required 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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