Lead - Fixed Assets

15 hours ago


Bengaluru, Karnataka, India Ontime Global Full time ₹ 10,000 - ₹ 50,000 per year

Key Responsibilities:

  • Maintain and update the Fixed Asset Register (FAR) ensuring accuracy and completeness.
  • Oversee capitalization, disposal, transfer, impairment, and depreciation of assets in line with accounting standards (Ind AS/IFRS/GAAP).
  • Conduct periodic physical verification and reconciliation of fixed assets with FAR.
  • Ensure compliance with company policies, statutory requirements, and internal controls for asset management.
  • Support statutory, internal, and tax audits by providing required schedules, reconciliations, and documentation.
  • Work closely with procurement, projects, and operations teams to track capitalization of new assets.
  • Monitor capital work-in-progress (CWIP) and ensure timely capitalization.
  • Prepare monthly, quarterly, and annual reports on fixed assets for management and financial reporting.
  • Implement process improvements, automation, and best practices in fixed asset accounting.

Provide insights for budgeting, forecasting, and asset lifecycle management.


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