Head - Fixed Assets & Capitalization

JSW GBS Limited is the captive shared services unit of JSW Group, managing Finance & Accounts activities for the entire JSW Group, which includes Steel, Paints, Energy, Cement, Infra, Mining, etc. JSW GBS is seeking a CA Qualified Dynamic Leader to join the team at JSW Group. Key Activities: Fixed Asset Management: - Oversee the fixed asset management function, ensuring timely and accurate recording of all assets in the asset management system. - Review CWIP and aged items. - Understand Impairment of Assets and Differed Tax Liability. Financial Reporting & Compliance: - Prepare and submit fixed asset-related financial reports to management and external auditors. - Ensure compliance with relevant Accounting Standards applicable to fixed assets. - Assist in the preparation of financial statements related to depreciation and amortization. Asset Valuation & Depreciation: - Supervise the calculation of depreciation schedules for fixed assets and ensure accuracy of entries. Audit & Internal Controls: - Lead internal and external audits, ensuring accuracy and completeness of asset data. - Implement and monitor internal controls for asset tracking and disposal to prevent fraud and errors. Cross-functional Collaboration: - Collaborate with various departments to ensure proper asset documentation and integration with financial processes. - Provide training to employees on fixed asset management policies and procedures. Asset Disposal: - Understand the asset disposal process for obsolete, damaged, or fully depreciated assets as per company policy. Process Improvement & System Implementation: - Identify opportunities for process improvements and automation in fixed asset tracking and reporting. Educational Background and Work Experience: - Chartered Accountant with 20 years of experience in general ledger accounting focusing on fixed asset sub ledger accounting and maintenance. - Minimum 10 years of leadership experience. - Preferred experience with SAP financial applications and knowledge of best practices in accounting. - Experience in Shared Services is an added advantage. - Knowledge of manufacturing industries such as steel, cement, energy, ports, and mining. This position is based in Seawoods.,