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Fixed Asset Lead - Finance & Accounts

Fixed Asset Lead - Finance & Accounts

ConfidentialBengaluru / Bangalore
6 days ago
Job description

Roles & Responsibilities :

  • Maintain and update the Fixed Asset Register (FAR) , ensuring accuracy and completeness.
  • Oversee capitalization, disposal, transfer, impairment, and depreciation of assets in line with accounting standards (Ind AS / IFRS / GAAP).
  • Conduct periodic physical verification and reconciliation of fixed assets with FAR.
  • Ensure compliance with company policies, statutory requirements, and internal controls for asset management.
  • Support statutory, internal, and tax audits by providing required schedules, reconciliations, and documentation.
  • Coordinate with procurement, projects, and operations teams to track capitalization of new assets.
  • Monitor capital work-in-progress (CWIP) and ensure timely capitalization.
  • Prepare monthly, quarterly, and annual reports on fixed assets for management and financial reporting.
  • Implement process improvements, automation, and best practices in fixed asset accounting.
  • Provide insights for budgeting, forecasting, and asset lifecycle management .

Qualifications & Experience :

  • MBA (Finance) or CA Inter (or equivalent professional qualification).
  • 4–5 years of experience in fixed assets accounting, financial reporting, or related finance functions .
  • Strong knowledge of accounting standards (Ind AS / IFRS) related to Property, Plant, and Equipment (PPE).
  • Hands-on experience in ERP systems (SAP / Oracle / similar).
  • Proficiency in MS Excel and financial analysis.
  • Skills Required

    Depreciation, Reconciliation, Statutory Compliance

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