Key Responsibilities

1. Fixed Asset Accounting

- Maintain Fixed Asset Register (FAR) and asset master records• Process asset additions, transfers, retirements, and disposals in Oracle• Verify capitalization documents and create assets in the system.• Ensure proper asset tagging and classification

1. CWIP Monitoring

- Track project-wise CWIP balances• Follow up with User teams for supporting documents• Prepare CWIP ageing reports and identify overdue items• Support timely transfer of eligible CIP to CWIP to Fixed Assets.

1. Depreciation Accounting

- Execute monthly depreciation runs in Oracle• Validate depreciation postings and reconcile with General Ledger• Assist in preparing depreciation schedules

1. Physical Verification





- Coordinate with Consultant for annual and periodic physical verification exercises• Reconcile physical count results with FAR• Prepare discrepancy reports and obtain explanations from concerned departments

1. Reporting & Reconciliations

- Prepare monthly Fixed Asset Movement Schedule• Perform reconciliations of Fixed Assets, CWIP, and Accumulated Depreciation accounts• Support monthly, quarterly, and annual financial closing activities

1. Audit & Compliance

- Prepare data and schedules for statutory, internal, tax, and cost audits• Support closure of audit observations• Ensure compliance with accounting policies and SOPs

1. Other Activities

- Insurance asset data reconciliation• Scrap sale accounting support• Asset transfer accounting• Support CAPEX tracking and budget monitoring• Prepare MIS reports and management presentations

📌 Capex Manager (Halol)
🏢 POLYCAB
📍 Halol