Role & responsibilities

Work location:Navalur

Notice :Imm to 45 days

US Shift

Experience

- 3-6 years of relevant experience in fixed asset accounting, and inventory accounting,property accounting.

1. Property Accounting & Inventory Management

- Manage property inventory and maintain accurate records for all materials and assets.
- Account for all material movements including receipts, returns, consumption, and losses.
- Perform inventory revaluation and ensure accurate stock valuation.
- Reconcile physical inventory counts with book and financial records.
- Ensure correct application of tax and duty rates.

2. Inventory Accounting

- Track and report materials variances, highlighting key trends and deviations to management.
- Maintain comprehensive and audit-ready inventory documentation.
- Support fixed asset, CWIP, PPE, and intangible asset accounting and reporting.

3. Property Ticket & Maintenance Management

- Manage property-related tickets, including maintenance and repair requests.
- Coordinate with relevant teams for timely resolution and proper accounting of maintenance activities.

4. Capital & Revenue Project Tracking





- Monitor project expenditures and compare spending against approved budgets.
- Prepare and deliver periodic project tracking reports.
- Close completed projects to the fixed asset ledger and P&L; as required.

5. Ledger & Fixed Asset Management

- Classify and manage tangible and intangible assets.
- Reconcile asset-related balance sheet accounts regularly.
- Maintain updated and accurate fixed asset master data.
- Manage all asset attributes including costs, locations, cost centers, categories, tax jurisdictions, and asset values for book, local GAAP, tax, and insurance purposes.
- Account for financial and operating leases in compliance with applicable accounting standards.
- Perform ERP updates required due to policy changes or tax law updates (post internal validation).

6. Asset Sale, Reclassification & Retirement

- Process accounting entries for asset sales, transfers, reclassifications, and retirements.
- Handle project closeout postings and ensure accurate reflection in the financial statements.

📌 HCL is hiring For Fixed Asset Accounting - Chennai
🏢 HCLTech
📍 Chennai