Roles & responsibilities
- •Perform accounting for fixed assets and leases, ensuring complete, accurate and timely recording in the books
- •Manage asset capitalization, transfers, retirements, disposals, depreciation and related journal entries with appropriate supporting documentation
- •Maintain the fixed asset register and lease accounting schedules, including reconciliations with the general ledger
- •Execute monthly close activities for fixed assets and leases, including depreciation, lease accounting entries and balance sheet reconciliations
- •Coordinate with Treasury for timely lease payments and with Accounts Payable for vendor invoices and payment-related matters
- •Lead year-end activities for fixed assets and leases, including physical verification support, roll-forwards, schedules and audit documentation
- •Coordinate with business stakeholders, Procurement, Administration, Technology teams and vendors for asset and lease-related information and issue resolution
- •Ensure compliance with applicable accounting standards, company policies, internal controls and SOPs for fixed assets and leases
- •Prepare periodic MIS, asset movement reports, lease schedules and management dashboards
- •Drive process improvement, standardization and automation across fixed asset and lease accounting processe
Roles & responsibilities
- •Perform accounting for fixed assets and leases, ensuring complete, accurate and timely recording in the books
- •Manage asset capitalization, transfers, retirements, disposals, depreciation and related journal entries with appropriate supporting documentation
- •Maintain the fixed asset register and lease accounting schedules, including reconciliations with the general ledger
- •Execute monthly close activities for fixed assets and leases, including depreciation, lease accounting entries and balance sheet reconciliations
- •Coordinate with Treasury for timely lease payments and with Accounts Payable for vendor invoices and payment-related matters
- •Lead year-end activities for fixed assets and leases, including physical verification support, roll-forwards, schedules and audit documentation
- •Coordinate with business stakeholders, Procurement, Administration, Technology teams and vendors for asset and lease-related information and issue resolution
- •Ensure compliance with applicable accounting standards, company policies, internal controls and SOPs for fixed assets and leases
- •Prepare periodic MIS, asset movement reports, lease schedules and management dashboards
- •Drive process improvement, standardization and automation across fixed asset and lease accounting processe
- Mandatory technical & functional skills
- •Strong knowledge of fixed asset accounting, capitalization principles, depreciation and lease accounting under applicable accounting standards
- •Working knowledge of GST, TDS, vendor accounting and controls relevant to asset purchases and lease payments
- •Proficiency in ERP systems (SAP preferred) and MS Excel
- •High attention to detail, analytical ability and control orientation
- •Excellent stakeholder management and strong communication skills
Educational qualifications
- •Chartered Accountant or MBA
- Work experience
- •5 – 8 years of experience in fixed asset and lease accounting, month-end/year-end close, reconciliations and statutory/internal audits
- •Experience in a large corporate, shared services environment, Big 4 or top-tier advisory firm preferred.
Job description provided by KPMG Global Services.
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