Fixed Asset Lead - Finance & Accounts

Bigbasket

3 - 6 years

4 - 8 Lacs

bengaluru karnataka india

Posted:23 hours ago| Platform: Foundit logo

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Skills Required

fixed asset accounting far management depreciation reconciliation statutory compliance erp (sap/oracle)

Work Mode

On-site

Job Type

Full Time

Job Description

Roles & Responsibilities:

Maintain and update the
Fixed Asset Register (FAR)
, ensuring accuracy and completeness.
Oversee
capitalization, disposal, transfer, impairment, and depreciation
of assets in line with accounting standards (Ind AS/IFRS/GAAP).
Conduct
periodic physical verification
and reconciliation of fixed assets with FAR.
Ensure compliance with
company policies, statutory requirements, and internal controls
for asset management.
Support
statutory, internal, and tax audits
by providing required schedules, reconciliations, and documentation.
Coordinate with
procurement, projects, and operations teams
to track capitalization of new assets.
Monitor
capital work-in-progress (CWIP)
and ensure timely capitalization.
Prepare
monthly, quarterly, and annual reports
on fixed assets for management and financial reporting.
Implement
process improvements, automation, and best practices
in fixed asset accounting.
Provide insights for
budgeting, forecasting, and asset lifecycle management
.

Qualifications & Experience:

MBA (Finance) or CA Inter (or equivalent professional qualification).
45 years of experience in
fixed assets accounting, financial reporting, or related finance functions
.
Strong knowledge of
accounting standards
(Ind AS / IFRS) related to Property, Plant, and Equipment (PPE).
Hands-on experience in
ERP systems
(SAP / Oracle / similar).
Proficiency in
MS Excel
and financial analysis.

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