Associate, Fixed Asset Accounting (India)

Associate, Fixed Asset Accounting (India)

25 Aug
|
Saks Fifth Avenue
|
India

25 Aug

Saks Fifth Avenue

India

:

WHO WE ARE:

Exemplar Luxury Group, formerly Saks Global, is the luxury collective that comprises iconic luxury retailers, Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman. Driven by a relentless devotion to our customers and powered by our talented colleagues, we offer curated product assortments, unparalleled service and personalized experiences across our integrated retail model. Through strong partnerships with the world's most esteemed names in luxury and deep customer relationships enhanced by the industry's most comprehensive insights, Exemplar Luxury Group is uniting coveted brands with unrivaled customer experiences.

YOU WILL BE:

The Associate – Fixed Assets and Projects is responsible for managing and maintaining the fixed assets register and supporting capital project accounting. This includes asset capitalization, depreciation, project tracking, reporting, and ensuring compliance with accounting policies and standards. The role also involves close coordination with the procurement, project management, and finance teams to ensure the accuracy of asset-related financial data.

We are looking for a detail-oriented and experienced Associate – Real Associate Accounting (General Ledger) to join our Finance team. The ideal candidate will play a key role in ensuring the accuracy and integrity of our financial records, leading month-end close activities, and supporting reporting and compliance requirements. This position requires strong analytical skills, accounting knowledge, and the ability to work independently as well as collaboratively in a team environment.

WHAT YOU WILL DO

Fixed Assets and Projects

- Maintain and update the fixed assets register in compliance with internal policies and applicable accounting standards (e.g., IFRS/GAAP)
- Process asset additions, transfers, disposals, and impairments




- Review and reconcile fixed asset sub-ledger to general ledger on a regular basis
- Monitor and calculate monthly depreciation and ensure timely posting to the GL
- Track capital expenditure (CapEx) against budgets and approved projects
- Monitor ongoing capital projects for proper classification, cost tracking, and timely capitalization
- Work with project managers to ensure project-related costs are properly accounted for
- Prepare project status and cost reports for finance and leadership teams
- Support project closure processes, ensuring completed projects are capitalized or closed in a timely manner
- Prepare and post journal entries related to fixed assets and project accounting

Real Estate Accounting

- Lead and perform day-to-day general ledger accounting activities including journal entries, accruals, prepayments, and account reconciliations
- Oversee and support the month-end, quarter-end, and year-end close processes to ensure timely and accurate financial reporting
- Prepare and review balance sheet and P&L; reconciliations in accordance with internal controls and accounting standards (GAAP/IFRS)
- Analyze financial data and variances, providing insights and resolving discrepancies as needed
- Support internal and external audits by preparing schedules, reconciliations, and documentation
- Ensure compliance with corporate accounting policies, procedures, and internal controls

YOU ALSO HAVE:

- Bachelor’s degree in accounting, Finance,



or a related field
- 1-2+ years of relevant experience in fixed assets accounting, project cost control and general ledger or financial accounting roles
- Strong knowledge of accounting standards (IFRS/GAAP) and internal controls related to fixed assets
- Experience with ERP systems (e.g., SAP, Oracle, NetSuite) and fixed asset modules
- Proficient in MS Excel (Pivot tables, VLOOKUP, data analysis)
- Strong communication and organizational skills
- Excellent communication and interpersonal skills
- Experience in multinational or shared services environments
- Exposure to financial reporting tools (e.g., Hyperion, Power BI)

WHAT YOU WILL BRING:

- Understand business needs when data/case becomes complex during the month and right analysis of the same
- Ensure consistency in analyzing the fixed asset, project data and its impact on reconciliation
- Ensure single source of truth in data
- Work collaboratively with other team members and On-Shore
- Simplify and automate processes to increase accuracy and reduce manual modes

YOUR LIFE AND CAREER AT EXEMPLAR LUXURY GROUP:

- Opportunity to work in a dynamic fast paced setting at a company experiencing growth and transformation
- Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate
- Comprehensive benefits package for all eligible full-time employees

Exemplar Luxury Group is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with Exemplar Luxury Group and would like to request special assistance or an accommodation, please contact [email protected].

📌 Associate, Fixed Asset Accounting (India)
🏢 Saks Fifth Avenue
📍 India

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