Fixed Assets Accountant
1 month ago
Job Title: Fixed Assets Accountant
Summary:
As a Fixed Assets Accountant at Momentive, you will be responsible for managing the company's fixed assets and lease accounting. This includes creating capex projects in SAP, performing capex closure activities, and recording fixed asset retirements, sales, transfers, and accelerated depreciation. You will also assist in preparing monthly reports for IGAAP Fixed Asset register and drive the Annual idle asset review and Physical Verification of Assets process and its accounting.
Responsibilities Include:
- Creation of capex projects in SAP
- Perform capex closure activities and asset capitalization
- Record fixed asset retirements, sales, transfers, and accelerated depreciation
- Assist in preparing monthly reports for IGAAP Fixed Asset register
- Drive the Annual idle asset review and Physical Verification of Assets process and its accounting
- Assist in preparing USGAAP and IFRS compliant fixed asset and intangible reporting
- Assist in preparing monthly Capex reports/roll forward reports
- Perform Blackline reconciliations every month with accurate supporting documents
- Adhere to the accounting and reporting as per the SOX and KSOX compliance
- Preparation and loading of leases in the lease ERP and its analysis
- Reconcile the balance in the fixed asset sub-ledger vs. general ledger
- Conduct various flux analyses with respect to PPE and Intangibles
- Resolve all queries received in the generic mailbox within the agreed turnaround time
- Support with additional/ad-hoc responsibilities as per the organization's requirements
- Coordinate requirements of Controllership, Treasury & Manufacturing for information from the fixed asset and project system module
- Ensure compliance with legal/tax regulations and corporate policy for capitalization and purchase of fixed assets
- Support controllership reporting activities
Qualifications:
The following are required for the role
Basic Qualifications:
- Graduate with 2-4 years of experience in Fixed Asset Accounting
- Experience using the following systems: SAP (must have), Business Warehouse, Blackline, Lease Accelerator among similar tools
Preferred Qualifications:
- Experience working with Global teams
- Service mentality, Proactive & problem-solving skills
- Transformational spirit, creative personality
- Process improvement/optimization skill
- Demonstrated ability to meet work and project deadlines producing high quality output
- Excellent prioritization and organizational skills to manage multiple deliverables
- Strong PC and systems familiarity; excellent MS Office Excel and PPT skills
About Us:
Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products. We deliver solutions designed to help propel our customer's products forward—products that have a profound impact on all aspects of life, around the clock and from living rooms to outer space. With every innovation, Momentive creates a more sustainable future. Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building and construction, and more.
Momentive believes a diverse workforce empowers our people, strengthens our business, and contributes to a sustainable world. We are proud to be an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by law.
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