- Supervise and manage the fixed assets accounting team and processes.
- Performing accurate recording and reporting of all asset transactions, including additions, retirements, transfers, depreciation, adjustments and associated accounting.
- Ensuring all documentation to support transactions are accurately completed.
- Providing critical review of Fixed Asset transactions and performing sub-ledger to GL reconciliation
- Ensure compliance with US GAAP and internal accounting policies.
- Prepare and review monthly, quarterly, and annual fixed asset reports.
- Support internal and external audits by providing necessary documentation and explanations.
- Collaborate with cross-functional teams including Finance, Procurement, and IT.
- Drive process improvements and automation initiatives within the fixed asset function.
- Conduct regular meetings with Controller, Project Manager, Legal Entity Accountants, and FP&A; teams to discuss fixed asset-related matters, impacts, and provide necessary information from the SAP Fixed Asset Module
- Monitor and ensure adherence to key controls of Fixed Assets
B.
People
- Lead and develop the fixed assets team by fostering a culture of engagement, accountability, and continuous improvement.
- Motivate and mentor team members, providing guidance and support for professional growth.
- Conduct annual performance evaluations, set goals, and provide regular feedback to ensure team effectiveness and alignment with organizational objectives.
Required Skills & Qualifications:
- Bachelors degree in Commerce (B.Com)/semi-qualified CA/ICWA (Inter).
- 8 to 12 years of relevant experience in fixed assets accounting.
- Robust working knowledge of SAP Fixed Asset Module.
- Expert in Financial Accounting (US GAAP ASC 360)
- Strong understanding of Fixed Asset processes and practices
- Experience in managing fixed asset audits and reconciliations.
- Excellent analytical, organizational, and communication skills.
- Ability to lead and mentor a team effectively.
- Proficiency in MS Excel and other financial reporting tools.