Fixed Asset and GL Specialist

8 years

0 Lacs

Posted:20 hours ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Duties and Responsibilities -

  • Oversee the capitalization, depreciation, and disposal of fixed assets, ensuring compliance with IFRS, Industry standards and company policies.
  • Maintain the Fixed Asset Register (FAR), reconciling it with the General Ledger.
  • Manage the capitalization of labor costs, ensuring proper allocation of direct and indirect labor expenses to fixed assets in compliance with accounting standards.
  • Conduct capital expenditure (CAPEX) analysis, ensuring proper tracking and allocation of investments.
  • Partner with engineering, operations, and procurement teams to track asset lifecycle, costs, and impairments.
  • Analise administrative cost base of the group advising on optimization and savings opportunities
  • Perform month-end and year-end closing activities, including journal entries, accruals, and reconciliations related to fixed assets.
  • Assist in the preparation of financial statements, disclosures, and audit schedules.
  • Liaise with external auditors and regulatory bodies as needed.
  • Support budgeting and forecasting processes by providing accurate asset-related data.
  • Identify and implement process improvements for fixed asset management and reporting.
  • Expertise in GL Accounting and reporting of costs, cost center accounting, budget vs actuals


Who we are looking for -

  • 8+ years of experience incl at least 3 years in fixed asset accounting, preferably within the telecommunications, infrastructure, or utilities sectors.
  • Ideally: Experience in undersea cable, fiber-optic networks.
  • Strong knowledge of IFRS and experience with large-scale capital projects.
  • Knowledge of lease accounting (IFRS 16) and regulatory reporting
  • Proficiency in ERP systems (SAP, Oracle, or similar) and advanced Excel skills.
  • Experience working with CAPEX projects and asset impairment assessments.
  • Strong analytical skills and attention to detail.
  • Ability to work cross-functionally with technical and financial teams.


Technical/Functional Skills -

  • Expert Excel skills
  • Strong, demonstrable accounting skills
  • Sound IFRS foundation with ability to independently form opinion
  • Substantial experience in SAP, Oracle, MS Dynamics or similar global software packages

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