Cluster APA Lead

3 weeks ago

Ahmedabad, Gujarat, India Vodafone Idea Limited Full time

Job Summary

Vodafone Idea Limited is seeking a highly skilled Cluster APA Lead to join our team. As a key member of our Finance – FinOps department, you will be responsible for end-to-end Asset controls and accounting for the cluster, ensuring strong understanding of Accounting process, SAP system knowledge, SSC controls, and required skillset to analyze Fixed Asset Register, Capital Work-in-Progress / Provisional capitalization, validate inter-state/intra-circle/inter-circle transfers, and variance review of Depreciation to ascertain its correctness. The role also involves minimizing financial exposure from any loss of assets by ensuring timely settlement of insurance claims.

Key Responsibilities

1. Coordinate with NWS team to get NSS update for New sites, site to site movement to ensure timely and correct capitalization and review monthly FAR additions.

2. Ensure Assets under Admin and Retail team are reviewed with under function for deployment in periodic frequency as per ICFR and coordinate with SSC for updation for site to site movement and to assist user function raise scrap note as required.

3. Review ageing of CWIP and Warehouse inventory and document deployment plan to ensure ICFR compliance.

4. Review FAR listing for switched off sites and coordinate with NWS on categorization of Usable & non usable to update impairment assessment. Ensure and monitor initiation of Scrap approval and disposal and accounting of same.

5. Review of insurance Claim Tracker for proper accounting of claims received and lodged (ICFR Control) and coordinate with NWS team and surveyor to close open claims.

6. Coordinate and liaison for Physical Verification of Fixed Assets as per ICFR control, review periodic reconciliation of NOC vs FAR vs NSS done by SSC and coordinate for resolution with NWS and SSC.

7. Keep updated on new corporate guidance, process changes and new projects its impact on Asset accounting and develop control checks for same.

Requirements

1. Hands on knowledge of SAP system & Excel.

2. Technical Knowledge of Accounting Standards and ICFR controls.

3. Experience in handling bulk data and Deep analytical skills.

4. Influencing skills, ability to connect with various stakeholders.

Candidates > 10 year's experience with at least 2-3 years on Fixed Assets accounting & controls.

Must have technical/professional qualifications

Chartered Accountant / Cost Accountant / MBA Finance.

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