Currently we have an prospect for the Fixed Assets and Lease Accounting with our client .
Please show interest by sharing with below details:
Total years of experience:
Relevant years of experience:
CTC (Including Variable):
ECTC:
Notice Period:
Reason for change:
Current location:
Willingness to relocate (If other than Chennai):
Availability for a teams call (two slots):
Brief write up on how you could be a great fit for the role :
Alternate phone number :
Work Mode:
Work from Office
Location: Hyderabad
Work mode: US Shifts, Shift starts at 6 PM and ends at 3 AM(Timings may vary)
Face to Face Mandatory
We are looking for an experienced Accountant with hands-on experience in Fixed Asset Accounting and Lease Accounting. The candidate will be responsible for managing end-to-end fixed asset transactions, lease accounting activities, reconciliations, and month-end closing activities while ensuring compliance with applicable accounting standards.
Key Responsibilities
- Handle end-to-end Fixed Asset Accounting, including asset additions, capitalization, transfers, disposals, retirements and depreciation.
- Manage Lease Accounting activities, including lease identification, classification, maintenance and modifications.
- Maintain and reconcile Right-of-Use (ROU) assets and lease liabilities.
- Prepare and maintain Fixed Asset Registers and lease sub-ledgers.
- Perform GL reconciliations and investigate discrepancies.
- Support monthly and year-end closing activities.
- Ensure compliance with accounting standards, particularly ASC 842, ASC 360, ASC 350 and ASC 410.
- Assist with audit requirements and provide supporting documentation.
- Review lease agreements and contracts to identify relevant accounting requirements.
- Prepare reports and cash flow schedules related to fixed assets and leases.
Required Skills & Qualifications
- 35 years of relevant experience in Fixed Asset Accounting and Lease Accounting.
- Strong understanding of the fixed asset lifecycle and depreciation accounting.
- Hands-on experience with Lease Accounting, ROU assets and lease liabilities.
- Working knowledge of ASC 842; exposure to ASC 360, ASC 350 and ASC 410 is preferred.
- Experience working with ERP systems such as SAP, Oracle or JDE.
- Proficiency in MS Excel and financial reporting.
- Good understanding of contract/agreement interpretation.
- Strong analytical, reconciliation and communication skills.
Educational Qualification
Bachelors or masters degree in commerce, Accounting or Finance (B.Com/M.Com). CA Inter/IPCC qualification is preferred.