Chennai, Tamil Nadu
Job Summary

Job Profile

1. Property Accounting & Inventory Management

Manage property inventory and maintain accurate records for all materials and assets.
Account for all material movements including receipts, returns, consumption, and losses.
Perform inventory revaluation and ensure accurate stock valuation.
Reconcile physical inventory counts with book and financial records.
Ensure correct application of tax and duty rates.

2. Inventory Accounting

Track and report materials variances, highlighting key trends and deviations to management.
Maintain comprehensive and audit-ready documentation.
Support fixed asset, CWIP, and intangible asset accounting and reporting.
Manage annual fixed asset verification process.
Reconcile physical inventory counts with book and financial records.

3. Property Ticket Management

Manage property-related tickets, including reclassifications.
Coordinate with relevant teams for timely resolution and proper accounting of reclassifications.

4. Capital & Revenue Project Tracking

Monitor project expenditures and compare spending against approved budgets.
Prepare and deliver periodic project tracking reports.
Close completed projects to the fixed asset ledger and P&L; as required.

5. Ledger & Fixed Asset Management

Classify and manage tangible and intangible assets.
Reconcile asset-related balance sheet accounts regularly.
Maintain updated and accurate fixed asset master data.
Manage all asset attributes including costs, locations, cost centers, categories, tax jurisdictions, and asset values for book, local GAAP, tax, and insurance purposes.




Account for financial and operating leases in compliance with applicable accounting standards.
Perform ERP updates required due to policy changes or tax law updates (post internal validation).

6. Asset Sale, Reclassification & Retirement

Process accounting entries for asset sales, transfers, reclassifications, and retirements.
Handle project closeout postings and ensure accurate reflection in the financial statements.

7. Accounting Journal Entries & Documentation

Prepare, document, and review journal entries (JEs) in compliance with accounting policies.
Prepare recurring and reversing journal entries.
Run and validate asset depreciation, including manual accelerated depreciation entries, and reconcile results (excluding CWIP).
Ensure accurate posting and timely processing of all JEs.

Key Responsibilities

Experience

4–5 years of relevant experience in property accounting, fixed asset accounting, and inventory accounting.
Experience working in a global or shared services environment is preferred.

Technical & Functional Skills

Strong understanding of fixed asset accounting, inventory accounting, and project accounting.
Proficient in ERP systems – Oracle Preferred
Knowledge of GAAP, asset classification, depreciation, and tax implications.
Strong analytical, reconciliation, and reporting skills.




Ability to interpret accounting policies and apply them effectively.

Soft Skills

Excellent communication and coordination abilities.
Strong attention to detail and problem-solving skills.
Ability to work independently as well as in cross-functional teams.
Ability to work under tight deadlines and manage multiple priorities.
Skill Requirements

Experience

4–5 years of relevant experience in property accounting, fixed asset accounting, and inventory accounting.
Experience working in a global or shared services environment is preferred.

Technical & Functional Skills

Robust understanding of fixed asset accounting, inventory accounting, and project accounting.
Proficient in ERP systems – Oracle Preferred
Knowledge of GAAP, asset classification, depreciation, and tax implications.
Strong analytical, reconciliation, and reporting skills.
Ability to interpret accounting policies and apply them effectively.

Soft Skills

Excellent communication and coordination abilities.
Strong attention to detail and problem-solving skills.
Ability to work independently as well as in cross-functional teams.
Ability to work under tight deadlines and manage multiple priorities.
Other Requirements

Education

Bachelor’s degree in Accounting, Finance, or related discipline

M.Com /CA Inter or equivalent certification preferred

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📌 Team Lead - Customer Care (Chennai)
🏢 HCLTech
📍 Chennai