Fixed Asset Accounting – Staff:
Purpose
Accurate accounting and timely processing of asset related transactions
● Assist the Fixed Asset- Executive in:
o Closing activities
o Maintaining documentation and files
o Adherence to the depreciation schedule
o Identification of obsolete assets and avenues for sale for the same
● Create recent asset codes and assignment to an asset class
● Create purchase requisitions orders for the purchase of the assets in the system, wherever required
● Receive, verify and enter the documents in the system related to assets accounting like asset movement form, asset disposal form
● Apply settlement rules related to CWIP and perform the required capitalization in the system
● Carry out transaction processing related to asset accounting based on instructions in the process manuals
● Ensure accounting as per statute & company policy
● Follow the escalation matrix in case of any problem /difficulty
● Assist in projects accounting activities and help track the progress of the project along with the projects team
● Provide support for the physical verification process.
Unit Closing - Staff Purpose
To ensure accurate and timely closure of books in compliance with company policies, procedures and accounting standards
● Review trial balance to ensure no abnormal balances are shown
● Monitor closing tracker post closure of individual books. Perform month and year-end closing activities as per the closing calendar
● Perform closing activities, specific manual journal entries, document reversal etc.
● Analyse departmental expenses and make the proper corrections to ensure accurate product costing. Maintain and control cost accounts and cost centres
● Compute all adjustments resulting from inventory counts and ensure that are reflected properly in General Ledger
● Undertake pre-closing activity with respect to monthly, quarterly and annual closing of accounts
● Assist in the preparation of month-end and year-end financial statements with unit related in
📌 Finance Close (Delhi)
🏢 Mepa2z
📍 Delhi