Far (Fixed Assets Reconciliation)

3 days ago

Noida, Uttar Pradesh, India Irus International Full time ₹ 2,00,000 - ₹ 6,00,000 per year
  • Physical Asset Verification:
  • Conducting periodic physical inventory checks of fixed assets across different locations, including tagging, scanning, and documenting asset details to confirm their existence and condition. 
  • Data Reconciliation:
  • Comparing the physical asset data collected with the corresponding records in the fixed asset register, identifying any discrepancies like missing, damaged, or incorrectly classified assets. 
  • Discrepancy Resolution:
  • Investigating the reasons behind discrepancies, coordinating with relevant departments to resolve issues like incorrect asset tagging, improper disposal procedures, or data entry errors. 
  • Asset Register Maintenance:
  • Updating the FAR with accurate information regarding asset acquisitions, disposals, transfers, and depreciation to ensure data integrity. 
  • Reporting and Analysis:
  • Generating reports on asset reconciliation results, highlighting key discrepancies, and providing insights to management for decision-making. 
  • Compliance Management:
  • Ensuring adherence to company policies and accounting standards related to fixed asset management. 

Required Skills and Qualifications:

  • Strong analytical skills to identify and resolve discrepancies in asset data. 
  • Proficiency in using accounting software and fixed asset management systems. 
  • Excellent attention to detail to accurately record and verify asset information. 
  • Ability to work independently and as part of a team during physical inventory counts. 
  • Knowledge of accounting principles related to fixed assets and depreciation. 
  • Good communication skills to collaborate with different departments regarding asset issues. 

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