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Job Description

Deputy Manager - Fixed Asset AccountingWork to ensure the entire fixed asset lifecycle from acquisition to disposal, including capitalization, depreciation, amortization, retirements, and transfers is done on time

• Reconcile fixed asset Subledgers to the general ledger.
• Prepare journal entries for fixed asset transactions.
• Prepare reports on fixed asset activity, including depreciation expense and changes in asset values.
• Help the site teams with data required for Physical fixed assets verification
• Ensure accurate and up-to-date fixed asset records in SAP, including asset master data, depreciation schedules, and transaction history.
• Interface with other departments, such as accounting, operations, and IT, on fixed asset matters.
• Stay up-to-date on changes in fixed asset accounting standards and regulations.
• Prepare and analyze fixed asset reports after the accounting period close
• Ensure all fixed asset accounting procedures are documented and kept up to date with proper sign off’s




• Troubleshoot and resolve fixed asset accounting issues.
• Provide support and training to other staff on fixed asset accounting matters.
• Support Stat/Internal, and other audits with data and clarifications required on Fixed Assets process

Key Responsibilities

• Manage budget allocation and budget transfers in SAP Investment Management (IM) and Project Systems (PS) modules for capital expenditure (CAPEX) requisitions.
• Maintain the Capital Work-in-Progress (CWIP) tracker to ensure accurate recording, monitoring, and reconciliation of project additions, transfers, and closures.
• Coordinate with site finance and project teams to ensure timely capitalization of due and overdue CAPEX projects.
• Initiate and execute asset capitalization processes in SAP PS module.
• Analyze CJIC line items and ensure accurate assignment of asset classes for capitalization.
• Calculate, review, and post monthly depreciation in compliance with the

📌 Deputy Manager (Mumbai)
🏢 PIRAMAL PHARMA
📍 Mumbai