Manager

Job Summary

Key Responsibilities

• Oversee the fixed asset accounting processes including acquisition, capitalization, transfers, disposals, and depreciation.
• Maintain and reconcile the Fixed Asset Register (FAR) with the general ledger (GL).
• Ensure accurate and timely recording of asset-related transactions in accordance with applicable accounting standards.
• Manage periodic physical verification and tagging of fixed assets across locations.
• Coordinate with procurement, projects, and operations teams for asset additions and retirements.
• Review Capital Work in Progress (CWIP) regularly and ensure timely capitalization.
• Prepare fixed asset schedules for statutory audit, internal audit, and tax purposes.
• Support monthly/quarterly/annual close activities relating to fixed assets.
• Implement and monitor controls related to fixed assets to prevent misuse, misstatement, or fraud.
• Drive process automation and system enhancements (e.g., in SAP, Oracle, or other ERP systems).
• Handle reporting requirements including financial, tax, and management reports.
• Review of Fixed Asset-related journal entries and perform month-end reconciliations; investigate and resolve variances independently.
• Should have experience in handling complex accounting activities such as cash flow analysis and financial reporting.
• Ensure timely execution of daily activities and maintain/update standard operating procedures (SOPs).
  

Qualifications

• MBA/MCom/ CA Inter/ ICWA Inter/ Finance or equivalent qualification.
• 8–12 years of experience in fixed asset accounting and management, preferably in a shared services or large corporate environment.
• Strong knowledge of accounting standards related to fixed assets (IND AS, IFRS, US GAAP).
• Proficiency in ERP systems (e.g., SAP, Oracle, or similar platforms).
• Excellent analytical, problem-solving, and communication skills.
  

Preferred Skills

• Experience with internal controls and SOX compliance.
• Exposure to global asset policies and multi-entity accounting.
• Ability to handle audits and senior stakeholder management.
• Should have prior experience in handing team size between 6 to 10 people.