Manager - Finance & Accounts (Fixed Assets & ATF Accounting)
4 days ago
To manage end-to-end accounting processes related to Fixed Assets and Air Turbine Fuel (ATF), ensuring accuracy, compliance, and timely reporting. The role includes vendor coordination, audit readiness, tax compliance, and cross-functional collaboration to support business objectives.
Key Responsibilities
Fixed Asset Management
- Oversee asset accounting including invoice booking, asset code creation, and contract review
- Conduct physical verification and reconciliation of assets per company policy
- Maintain Fixed Asset Register, update based on department feedback (e.g., asset location, scrapping, sale)
- Capitalize assets and compute depreciation as per accounting standards
- Ensure monthly closure of books according to financial timelines
- Track capital advances and ensure closure
- Support audit preparedness through schedule creation and resolution of audit points
Air Turbine Fuel (ATF) Accounting
- Manage ATF accounting processes including invoice booking and vendor relationship
- Conduct monthly reconciliation between invoiced ATF quantities and actual upliftment
- Ensure timely vendor payments, including international remittances
- Monitor contract terms to ensure compliance
- Provide regular reporting, analytics, and KPI tracking for ATF operations
Vendor Coordination & Controls
- Reconcile vendor statements and resolve outstanding issues
- Ensure internal controls are in place and properly documented
- Maintain tax compliance (Direct and Indirect) relevant to fuel and asset purchases
Reporting & Business Support
- Prepare regular MIS and analytics reports for leadership
- Collaborate with cross-functional teams to ensure smooth operations and data accuracy
- Support strategic decision-making with financial insight
Description
Communication - Strong verbal and written skills for interacting across departments
Team Leadership - Ability to manage and guide team members effectively
Accounting Standards - Understanding of fixed asset and fuel-related accounting principles
SAP - Working knowledge of SAP or similar ERP systems
Audit Readiness - Experience in preparing audit schedules and successful audit closures
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