Requisition Number: 20382

Contract Type: Permanent

Location(s):

Chennai, IN

Specialist, Fixed Assets

Role Description Summary

The Fixed Assets Specialist is responsible for managing the end-to-end accounting lifecycle of fixed assets, including capitalization, transfers, disposals, depreciation, and reconciliation activities in compliance with accounting standards (IFRS/GAAP), company policy, and internal controls (including SOX). This role will support ongoing integration into S/4HANA, onboarding of current companies, audit compliance, and fixed asset reporting. The individual must have strong accounting acumen, a proactive compliance mindset, and a data-focused approach to ensure timely and accurate asset management across entities.

Primary Responsibilities / Key Result Areas

• Maintain and manage the Fixed Asset Register, ensuring accurate recording of acquisitions, capitalizations, retirements, transfers, and adjustments.
• Execute monthly depreciation runs and ensure alignment with accounting standards and useful life policies.




• Perform fixed asset reconciliations (FA subledger vs GL), investigate variances, and drive timely resolution of discrepancies.
• Support fixed asset physical verification exercises and tagging in collaboration with business units.
• Ensure timely closure of Construction in Progress (CIP) and proper classification of assets as per capitalization policy.
• Review and validate asset additions against Capex approvals and ensure policy compliance before posting to the ledger.
• Maintain audit-ready documentation for all asset-related activities and support both internal and external audit requirements.
• Monitor and report on SOX and internal control compliance through dashboards, identifying risks and taking corrective actions.
• Support fixed asset process design and data migration during S/4HANA integrations and onboarding of new entities.
• Collaborate with the business, project teams, and accounting to ensure timely closure of open

📌 Specialist, Fixed Assets (Chennai)
🏢 SES Satellites
📍 Chennai