Associate General Manager - Finance

As an Associate General Manager in Chennai, your responsibilities will include: - Awareness of the Allison PPE policy and US & Indian GaaP requirements - Tracking of Capex spending and Reporting - Capitalization of Assets in the books with proper classification - Overseeing and Managing the Fixed assets - Periodical physical verification of assets and tracking the assets movements - Disposal of assets - Involvement in General accounting activities - Assisting the team during various audit times - Assigning work based on the requirement Key Performance Measures: - Understanding the policy of Property, Plant and equipment maintained by Allison and Indian Accounting standard requirements for Fixed Assets accounting - Implementing the policy based on our requirements - Proper classification for the Capex expenditures for accounting purposes Asset Capitalization and Asset Management: - Proper capitalization of assets in the books based on the installation certificate provided by the cross-functional team - Capex related activities in SAP system - Creation of Fixed asset master and Capitalization - Determination of Depreciation rate - Classification expenditure in Capex or revenue - Asset tracking system through Fixed Asset register tag method - Physical verification of Fixed Assets and Tracking of Fixed Assets movements - Assets disposal requirements with Corporate approval General Accounting Matters: - Support to monthly close activities - GL account reconciliation and support to prepare the monthly schedules - Support to team on various Financial, Internal, Tax audits, and Assessments Competencies and Behaviors: - Ability to complete activities within recommended time with accuracy - Time management skills to achieve results - Problem-solving skills with proposing solutions Qualifications: - Accounting or costing profession - Good Knowledge in SAP FICO module - Proficiency in MS Office, especially in Excel and PowerPoint Experience: - A minimum of 8 to 15 years of experience in the Manufacturing Industry,