Fixed Asset Accounting Specialist

5 days ago


Pune, Maharashtra, India beBeeAsset Full time ₹ 2,50,00,000 - ₹ 3,00,00,000
Fixed Asset Accounting Lead

The ideal candidate will oversee the full lifecycle of fixed asset accounting, ensuring compliance with US GAAP and internal accounting policies.

  • Key Responsibilities:
  • Capitalization, depreciation, disposals, transfers, and impairments of 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.
  • Accounting for prepaid expenses, classification, and timely amortization based on contract terms or policy guidelines.
  • Monthly amortization entries and ensure appropriate cut-off and accrual practices are followed.
  • Main Accountabilities:
  • 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.
  • Financial statement review for Fixed Assets and Prepaid areas and provide meaningful variance analysis.
  • Standardization, documentation, and automation initiatives across R2R processes.
  • Collaborate with cross-functional teams to ensure smooth financial operations and resolve accounting issues.
  • Collaboration and Communication:
  • Work closely with global finance, tax, compliance, and operations teams on shared initiatives and projects.
  • Serve 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.


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