• 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
- Robust 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)
- Strong understanding of financial accounting principles.
- SAP experience is must
• Experience with advanced Excel skills would have added advantages.