Fixed Asset Specialist

Pune - India

Monthly Salary: Not Disclosed

Posted on: 21 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Overview: Fixed Asset Specialist

The Fixed Asset Specialist is responsible for the full lifecycle management of the companys tangible and intangible assets. This role ensures that all capital expenditures are accurately recorded tracked and depreciated in accordance with GAAP/IFRS and tax regulations. You will serve as the bridge between Operations and Finance ensuring the balance sheet reflects the true physical and fiscal state of the company.

Key Responsibilities

Asset Lifecycle Management: Record all acquisitions disposals and transfers in the Fixed Asset Ledger.
Capital Expenditure (CapEx) Oversight: Review and process purchase orders and invoices to ensure proper classification between expense and capital.
Depreciation & Amortization: Calculate and post monthly depreciation runs; manage useful life adjustments and impairment testing.
Reporting & Reconciliation: Reconcile the Fixed Asset subsidiary ledger to the General Ledger (GL) monthly.
Physical Verification: Coordinate periodic physical audits and wall-to-wall inventories to ensure asset existence and tag accuracy.
Tax & Compliance: Prepare schedules for property tax filings tax depreciation (MACRS) and assist with internal/external year-end audits.

Job Overview: Fixed Asset Specialist The Fixed Asset Specialist is responsible for the full lifecycle management of the companys tangible and intangible assets. This role ensures that all capital expenditures are accurately recorded tracked and depreciated in accordance with GAAP/IFRS and tax regu...