General & Op Acctng. Sr. Spclst

Job Description

Function

Finance

Cost Center

1429154052

Location

Gurgaon, Haryana – India

Region

Global

Position

General and Operational Accounting Senior Specialist

Grade

9

Reporting to

Finance Head

Process Category

Shift Time Day/Afternoon

12.00 PM – 10.00 PM IST

Salary Range

Min.

Max.

As per market standard

Functional Role (Job Description)

The Asset Finance Manager will be a key member of the finance team, responsible for overseeing the financial reporting and analysis for the company's asset portfolio. This role requires a strong blend of asset management expertise and technical financial reporting skills. The ideal candidate will be adept at preparing and presenting detailed financial reports, ensuring data integrity, and providing actionable insights to drive strategic business decisions. This position will be crucial in ensuring that all asset-related financial data is accurate, compliant, and clearly communicated to internal and external stakeholders.

Essential

Desirable

Education Background

Master’s degree in finance, Accounting, Commerce or relevant field.

Professional Accounting Qualification (CA/CMA or equivalent)

Work Experience

Typically requires 8-10+ years relevant experience

Global experience of working with teams across Geographies will be given preference

Key Responsibilities

Key Responsibilities:        

• Asset Accounting: Manage the end-to-end accounting for fixed assets, including additions, disposals, depreciation, and impairment.
• Inter-Company Accounting: Manage inter-company accounting for assets, including recharges and cost allocations between different entities. Ensure the proper booking and reconciliation related to asset usage.

Work closely with other finance teams to ensure consistency and compliance in all inter-company transactions.

• Reconciliation: Perform monthly reconciliation of the fixed asset sub-ledger to the general ledger, ensuring all transactions are accurately recorded and any discrepancies are resolved.
• Financial Reporting: Assist in the preparation of asset-related financial reports, schedules, and disclosures for monthly, quarterly, and annual financial statements.
• Compliance: Ensure all asset accounting activities are in compliance with internal policies, IFRS/GAAP, and other relevant regulatory requirements.
• Data Management: Maintain the company's fixed asset register, ensuring all asset information is complete, accurate, and up-to-date.
• Audits: Provide comprehensive support for internal and external audits, including the preparation of audit schedules and responding to auditor inquiries related to fixed assets.
• Process Improvement: Identify and implement process improvements to enhance the efficiency and accuracy of fixed asset accounting procedures.
• Collaboration: Work closely with other departments, such as operations Global Asset Team , procurement, to ensure the timely and accurate recording of new assets and asset retirements.
• Budgeting & Variance Analysis: Manage the master data for all budgeting and forecasting numbers across the asset portfolio. Conduct performance monitoring against budget, providing insightful commentary and variance explanations.

Knowledge and Attributes:            

• Strong attention to details with a high degree of accuracy.
• Good verbal and written communication skills.
• Display good planning and organizing abilities.
• Knowledge and prior exposure to international entities, foreign currency and inter-company transactions
• Demonstrated strong knowledge of accounting standards, especially IFRS 15, IFRS 16, IAS 36, IAS 38 etc.
• Proficiency in financial software and ERP systems like SAP and BPC (added advantage).
• Able to deal with different individuals at all levels in the organization.
• Take full ownership of end-to-end scope.
• Deadline driven with ability to cope with difficult situations.
• Have a solution-oriented mindset.
• Proactive approach with the ability to think ahead in a fast-paced environment.      

Required Experience:       

• Extensive experience in a comparable role within a global organization
• Advanced expertise in statutory accounting
• Significant proficiency in financial systems and software  

Key Performance Parameters

|1 – Financial Accounting|2 – Month-End Closing Efficiency |3 – Reconciliation | 4 – Stakeholder Communication  I 5 – Control and Governance

Essential Knowledge and Analytical Skills

MS Word/Excel/Outlook

Fluent in business English; both written and verbal communication skills essential

Managerial and Soft Skills

Open to work in Flexible Shifts & Hybrid Work Environment

Extended hours may be required in meet deadlines. It would be required to work with colleagues across different geographies and time zones

Must demonstrate a strong commitment to integrity, internal controls and data privacy

Should be a Good Team Player & Process driven person

Must be able to manage multiple priorities and able to work well in a fast paced, dynamic environment

Test to be Administrated

Additional Information