Associate General Manager - Finance

Job Description

Job Title: Associate General Manager Job location: Chennai Job Type : Onsite 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 (Corporate and Local requirement), Determination of Depreciation rate, arrange to get the Installation certificate from another cross functional team. Overseeing and Managing the Fixed assets. Periodical physical of verification assets and tracking the assets movements, Disposal Involved in General accounting activities and Helping to team during various audit time. As when assigning the work based on the requirement Key Performance Measures: PPE Policy and Accounting Standards To understand the policy of Property, Plant and equipment maintain by Allison and awareness about Indian Accounting standard requirement for Fixed Assets accounting. Implement the policy based on our requirement. Proper classification for the Capex expenditures for accounting purpose. Tracking capex spending and Reporting Working along with other cross functional team on CAR requirement, Provide the WBS element for Capital procurement, tracking of capex spending based on CAR, Capex report in form of Budget value tracking (Tracking of line items, PO status and actual spending) and monthly Capex report to corporate. Asset Capitalization and Asset Management Proper capitalization of assets in the books based on the installation certificate provide by cross functional team. Capex related activities in system – SAP. 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 – Corporate approval & properly removing the assets in the books. Involved in General Accounting matters Support to monthly close activities, GL account reconciliation and support to prepare the monthly schedules. Others- Support to team on various Financial, Internal, Tax audit and Assessments. Support to team based on the requirement. Competencies and Behaviors: Ability to Complete the activities within recommended time with accuracy. Ability to manage time to achieve results by proper time management. Ability to identify problems and propose 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 years to 15 years’ experience in Manufacturing Industry Show more Show less