Knowledge of Journal Accounting.
Responsible for collating the Data at First Hand and validate for Fixed Assets capitalization.
Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
Coordination with third party for Assets tag.
Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
Review and update the detailed schedule of fixed assets and accumulated depreciation.
Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries
Cross-Functional Interaction for Managing the Queries and Process Improvement Task
Solid understanding of accounting principles, practices, and financial regulations
Ensure that financial records comply with internal controls, policies, and RCMs.
Work with auditors to provide supporting documentation for balance sheet items.
Complete accounting of subsidiary company
Skillset Required
Working knowledge of Ind AS 16 (PPE)
Solid understanding of financial accounting principles.
SAP experience is must
Experience with advanced Excel skills would have added advantages.