Fixed Asset Lead

Bengaluru - India

Monthly Salary: Not Disclosed

Posted on: 17 days ago

Vacancies: 1 Vacancy

Job Summary

Job Title: Fixed Asset Lead

Department: Finance & Accounts
Location: Bangalore

Reports to: Finance Manager

Role Overview:

The Fixed Asset Lead will be responsible for managing and maintaining the companys fixed asset register ensuring accurate accounting compliance with accounting standards and supporting financial reporting requirements. This role requires strong expertise in fixed asset management financial controls and cross-functional coordination with internal stakeholders.

Key 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.
Work closely 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:

Education: MBA (Finance) / CA Inter (or equivalent professional qualification).
Experience: 4 5 years of relevant 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/other similar systems).
Proficiency in MS Excel and financial analysis.

Key Skills & Competencies:

Strong analytical and problem-solving abilities.
Attention to detail and accuracy.
Good understanding of internal controls and audit processes.
Excellent communication and interpersonal skills.
Ability to manage multiple priorities and work under deadlines.
Team player with leadership potential.

Employment Type: Full-time

Job Title: Fixed Asset Lead Department: Finance & Accounts Location: Bangalore Reports to: Finance Manager Role Overview: The Fixed Asset Lead will be responsible for managing and maintaining the companys fixed asset register ensuring accurate accounting compliance with accounting standards and s...