Head - Fixed Assets & Capitalization

10 - 20 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You are a CA Qualified Dynamic Leader seeking to be a part of JSW Group's captive shared services unit, JSW GBS Limited. You will be responsible for managing various activities related to Finance & Accounts for the entire JSW Group, which includes Steel, Paints, Energy, Cement, Infra, Mining, etc. The role involves overseeing Fixed Asset Management, Financial Reporting & Compliance, Asset Valuation & Depreciation, Audit & Internal Controls, Cross-functional Collaboration, Asset Disposal, and Process Improvement & System Implementation. Key Responsibilities: - Heading the fixed asset management function and ensuring timely and accurate recording of all assets in the asset management system. - Reviewing CWIP and aged items, and having knowledge of Impairment of Assets and Deferred Tax Liability. - Preparing and submitting fixed asset-related financial reports to management and external auditors. - Ensuring compliance with relevant Accounting Standards applicable to fixed assets and assisting in the preparation of financial statements. - Supervising the calculation of depreciation schedules for fixed assets and ensuring the accuracy of depreciation entries. - Leading the audit process from internal and external auditors and implementing internal controls around asset tracking and disposal. - Collaborating with various departments to ensure proper asset documentation and integration with other financial processes. - Providing training to employees on fixed asset management policies and procedures. - Having an understanding of asset disposal processes in accordance with company policy. - Identifying opportunities for process improvements and automation in fixed asset tracking and reporting. Qualifications Required: - Chartered Accountant with 20 years of experience in general ledger accounting, focusing on fixed asset sub ledger accounting and maintenance. - Minimum of 10 years of leadership experience. - Preferred experience with SAP financial applications and knowledge of best practices in accounting. - Experience in Shared Services would be an added advantage. - Knowledge of manufacturing industries such as steel, cement, energy, ports, and mining. Location: Seawoods Kindly note that the above Job Description is structured around your role as a CA Qualified Dynamic Leader looking to contribute to the JSW Group's shared services unit in managing various finance and accounting activities.,

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