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Qnity
Associate Analyst- Fixed AssetsQnity • Hyderabad / Secunderabad, Telangana, India
Associate Analyst- Fixed Assets

Associate Analyst- Fixed Assets

Qnity • Hyderabad / Secunderabad, Telangana, India
30+ days ago
Job description
Are you looking to power the next leap in the exciting world of advanced electronics Do you want to help solve problems that drive success in the rapidly evolving technology and connectivity landscape Then bring your problem-solving, passion, and creativity to help us power the next leap in electronics.

At Qnity, we're more than a global leader in materials and solutions for advanced electronics and high-tech industries – we're a tight-knit team that is motivated by new possibilities, and always up for a challenge. All our dedicated teams contribute to making cutting-edge technology possible. We value forward-thinking challengers, boundary-pushers, and diverse perspectives across all our departments, because we know we play a critical role in the world enabling faster progress for all. Learn how you can start or jumpstart your career with us.

Job Scope Includes

  • Frequent communication with stakeholders, analyze and prepare monthly reports, application of deep accounting knowledge on Fixed assets management (creation, retirements, sales transfers, accelerated depreciation) and work with corporate team, local finance and controllers frequently as required

Job Description

  • Project creation & capitalization
  • Asset creation, retirements, sales, transfers, accelerated depreciation
  • Maintain fixed asset register in SAP & Creation of WBS elements and define settlement rules.
  • Depreciation cycle run & Project settlements
  • Transmission of Data into reporting ledger, monthly check & review of reporting data into consolidation tool
  • Forecast for OL & Share reports like asset listing, expected realizable value, retirements, CAPEX, Flux analysis
  • Provide 10 K & 10 Q disclosure requirements, forecast Intangibles amortization.
  • Depreciation areas – Local GAAP, Tax & US GAAP and special adjustment handling per statutory law compliances.
  • IFRS, GAAP differences & accounting standard guidelines.
  • SOX compliance, Internal controls & handle, support audit queries (external & internal) from PI perspective.
  • Tax reports per country specific requirements.
  • Blackline reconciliations of PI with relevant substantiations & make sure no un-reconciled transactions exists for reporting.
  • Handle ad-hoc requests & manage committed TAT.
  • Readiness to pick up project assignments per requirement with timely actions & high quality.

Mandatory: Skill Sets/Experience:

  • M.com / MBA / ICWA inter/ /CA inter with 3 years full time experience of Fixed Asset accounting
  • CMA (or) CA with 1 to 2 years of full-time accounting experience.
  • SAP (FI) asset accounting experience & end user accounting knowledge.
  • Should have working experience on Ms. Excel & Power point
  • Excellent Verbal & Written Communication Skills
  • Strong problem solving and analytical skills
  • Accounting flow & trouble shoot experience in Asset accounting & R2R domain.
  • Well versed with conference calls & timely e-mail action up.

Desired To Have

  • Macro set-up & Data analyze skills
  • Good Multitasking, prioritization, time management skills
  • Ability to work independently in complex, challenging, stressful environment

Join our Talent Community to stay connected with us!

Qnity is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability or any other protected class. If you need a reasonable accommodation to search or apply for a position, please visit our Accessibility Page for Contact Information.

Qnity offers a comprehensive pay and benefits package. To learn more visit the Compensation and Benefits page.

We use Artificial Intelligence (AI) to enhance our recruitment process.
Skills Required
Fixed Asset Accounting, Ms. Excel, SAP FI Asset Accounting
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Associate Analyst- Fixed Assets • Hyderabad / Secunderabad, Telangana, India

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