Fixed Asset and GL Specialist

3 - 8 years

0 Lacs

Posted:16 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Fixed Asset Accountant, your main responsibilities will include: - Overseeing the capitalization, depreciation, and disposal of fixed assets according to IFRS, Industry standards, and company policies. - Maintaining the Fixed Asset Register (FAR) and reconciling it with the General Ledger. - Managing the capitalization of labor costs and ensuring proper allocation of expenses to fixed assets in compliance with accounting standards. - Conducting capital expenditure (CAPEX) analysis for accurate tracking and allocation of investments. - Collaborating with engineering, operations, and procurement teams to monitor asset lifecycle, costs, and impairments. - Analyzing the administrative cost base of the group to provide advice on optimization and savings opportunities. - Performing month-end and year-end closing activities, including journal entries, accruals, and reconciliations related to fixed assets. - Assisting in the preparation of financial statements, disclosures, and audit schedules. - Coordinating with external auditors and regulatory bodies as necessary. - Supporting budgeting and forecasting processes by offering precise asset-related data. - Identifying and implementing process improvements for fixed asset management and reporting. - Demonstrating expertise in GL Accounting and reporting of costs, cost center accounting, and budget vs actuals. Qualifications required for this role: - Minimum 8 years of experience, including at least 3 years in fixed asset accounting, preferably in telecommunications, infrastructure, or utilities sectors. - Ideally, experience in undersea cable and fiber-optic networks. - Strong knowledge of IFRS and extensive experience with large-scale capital projects. - Familiarity with lease accounting (IFRS 16) and regulatory reporting. - Proficiency in ERP systems such as SAP, Oracle, or similar, along with advanced Excel skills. - Experience in working with CAPEX projects and conducting asset impairment assessments. - Strong analytical skills, attention to detail, and ability to collaborate cross-functionally with technical and financial teams. In addition to the above requirements, you should possess technical/functional skills including: - Expertise in Excel. - Demonstrable accounting skills. - Solid foundation in IFRS with the ability to independently form opinions. - Significant experience with SAP, Oracle, MS Dynamics, or similar global software packages.,

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