Analyst - Capex Accounting & Reporting

MISSION

At Colt DCS we are changing the perception of our business and industry sector. As part of this transformation we are growing new services and teams to facilitate and drive the business to the next level.

Colt DCS provides global connectivity that power the business & provides flexible and scalable colocation solutions.

• Accounting and Reporting
• Variance Analysis
• Reconciliations
• Intercompany
• Consolidation

OUTCOMES

As part of Capex Accounting & Reporting Team, he/ she should be accountable & responsible for:

Fixed Assets Accounting

• Creation, capitalization, disposal, and transfer of fixed assets
• Maintaining detailed and accurate records of all fixed assets, including their cost, depreciation, and location
• Preparing and analysing fixed asset reports, ensuring they align with accounting standards (like IFRS and local GAAP).
• Calculating and recording depreciation for fixed assets, ensuring accuracy and compliance.
• Supporting the month-end and year-end closing processes related to fixed assets.
• Developing and maintaining robust internal controls over fixed assets to prevent fraud and errors
• Identifying opportunities to improve fixed asset processes, streamline workflows, and enhance efficiency.
• Working with various stakeholders, including internal teams (e.g., accounting, finance, operations) and external auditors. .

Project Accounting

• Setting up new projects in the company's system
• Configuring contract details, including payment terms and transaction controls.
• Maintaining project data accurately throughout the project lifecycle.
• Monitoring project budgets, costs, and expenses.
• Preparing and analyzing financial reports, including profitability reports.
• Reconciling accounts and investigating variances.
• Communicating financial information to project managers and stakeholders.
• Collaborating with other finance teams, such as accounts receivable and accounts payable.
• Providing support and guidance to project managers on financial matters.
• Analyzing financial data to identify trends and potential issues.

IFRS16 Accounting

• Month-end closing activities for leases, ensuring compliance
• End-to-end lease accounting process under IFRS 16, including reviewing lease contracts
• Ensuring accuracy of lease data in lease management systems
• Performing complex financial calculations for right-of-use (ROU) assets and lease liabilities
• Preparing journal entries and balance sheet reconciliations
• Collaborating with global finance teams on acquisitions, identifying process improvements, and responding to audit requests

General

• Preparation and Review of Accruals / Provisions.
• Preparation and Review of Manual Journal postings.
• Preparation / Review of Balance Sheet Reconciliations.
• Month End Reporting and Analytical Reviews of Financial Statements.
• Supporting Internal / Statutory Audits.
• Ensure completion of financial transaction processing as per close calendar.
• Undertakes ad-hoc analytical and reporting assignments at the request of stakeholders.
• Ensures accurate accounting for Non-standard items in compliance with group policies.
• Carry-out monthly/quarterly/annual close activities.
• Identify process improvement opportunities.
• Actively participate in preparation of process documentation.

THE TEAM

DCS Accounting Reporting Team is of finance team and carries out all the accounting reporting activities as per Colt Policies and procedures and ensure delivery of accurate Financial reports along with Monthly Reconciliations & other Reports. Also ensure review of Open items and action thereupon, Variance analysis and smooth Completeness of Audit without observations.

THE SKILLS / EXPERTISE THEY BRING

Relevant financial experience in an international and/or complex environment, with a proven broad knowledge of financial practices and procedures

Direct track record and experience in role purpose and accountabilities

• Good Accounting knowledge
• Understanding of Financial Statements.
• Handling Audits (Internal / Statutory)