Description

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 submis

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