Main Accountabilities

1. Fixed Assets Accounting & Capitalization

* Manage end-to-end accounting of Property, Plant & Equipment (PPE), Fixed
Assets, CWIP, and Intangible Assets.
* Review and process asset capitalization, transfers, disposals, retirements,
and asset sale transactions.
* Perform monthly depreciation runs and validate depreciation calculations
through analytical reviews.
* Maintain Fixed Asset Register (FAR) and asset addition/deletion registers.
* Monitor asset verification activities and ensure compliance with company
policies.
* Review high-value asset transactions and perform variance analysis.

2. Capital Expenditure (Capex) Management

* Track Capital Work-in-Progress (CWIP) movements and capitalization status.
* Prepare CWIP schedules, ageing reports, and capital advance reconciliations.
* Monitor capital commitments and capex liabilities.
* Review vendor balances related to capital expenditure and ensured timely
closure of open items.
* Co-ordinate with business stakeholders for capitalization readiness and
project closures.

3.



Lease Accounting (IND AS 116)

* Manage lease accounting processes under IND AS 116.
* Calculate and post monthly lease accounting entries, including Right-of-Use
(ROU) assets and lease liabilities.
* Perform lease modifications, extensions, and reassessment calculations.
* Reconcile rental expenses, lease liabilities, security deposits, and
branch-level lease data.
* Validate lease accounting calculations using lease management tools and
manual models.
* Review discounting methodologies and risk-free rate assumptions.

4. Financial Reporting & Compliance

* Prepare monthly, quarterly, and annual financial schedules related to fixed
assets and leases.
* Support financial reporting requirements including regulatory and management
reporting.
* Upload financial data into consolidation/reporting systems such as Hyperion.
* Prepare schedules for audit, management reviews, board presentations, and
regulatory submissions.
*

📌 Manager - Business Accounting - Finance and Accounts - Mumbai - Lodha (I-Think Techno Campus) (Thane)
🏢 Tata Capital
📍 Thane