Business Title: Specialist – Capital Accounting Team
The Fixed Assets Specialist is responsible for managing the lifecycle of the company’s assets. This includes maintaining accurate records, ensuring timely capitalization, calculating depreciation, supporting audits, and ensuring compliance with accounting standards and internal policies. The role ensures proper financial reporting and control over the organization’s tangible and intangible assets.
Key Focus AreasResponsibilities / DeliverablesKey MetricsProcess DeliveryEnsure timely capitalization, accurate asset lifecycle management, and smooth project-to-asset transitions in compliance with accounting standards.
Asset Capitalization accuracy and timeliness. (%)
Project Closure Efficiency
Team SLA Adherence (%)
Reporting & ReconciliationsDeliver accurate CapEx and depreciation reports, lead reconciliations, and resolve variances across ledgers and physical asset records.
Depreciation Accuracy Rate (%)
Reconciliation accuracy and timeliness. (%)
Compliance & Audit ReadinessSupport to maintain robust internal controls,
ensure policy adherence, and support successful internal and external audits.
Compliance & audit scoreProcess Improvement & Automation Identify and implement enhancements to drive efficiency, accuracy, and standardization in asset and project accounting processes.
Number of improvement/automation initiatives implemented leading to efficiency and effectiveness
Organizational Parameters
Direct Supervisor- Team Lead/ Assistant Manager
Direct/ Indirect Reports- NA
Key Team-oriented Network
Key Shared Accountabilities / Interfaces:
Global Financial Reporting, COE, FP&A;, and FBP Teams
Global Technology Team
Statutory and Tax auditors
GFS Teams
Required Education, Experience, Technical Skills, And Knowledge
Education:
Bachelor’s degree in a relevant field of work or an equivalent combination of education and work-related experience. Professional certifications are considered an asset.