Senior Executive

Job description

- Job Description: Graduate in Accounting B.COM/ Commerce MBA/M.COM with al least 15 years of education - Total work experience should be a minimum of 3-5 years in General Accounting including 0-2 years at least Fixed Assets process which includes but not limited to: - Fixed Asset accounting including asset adjustment, depreciation/amortization Fixed Asset Register (FAR) reconciliation. - Knowledge of Balance sheet reconciliations and reporting’s - Journal entries for accruals, prepaid, reclassification and intercompany adjustments - Experience with SAP Projects System or Internal Orders, Assets under Construction and Investment profiles is desirable. - Good understanding of Fixed Assets accounting, financial analysis, reporting and audit related to FA activities. - Should be able to handle Fixed Assets - Additions, Deletions, Transfers and Disposals , roll forwards and schedules - Should have good understanding of IAS 16, impairment of asset, revaluation of asset and accounting for borrowing cost. - Should have fair understanding on finance charges in respect of finance lease - Should have exposure to accounting of intangible assets. - Understanding of Asset Class, Chart of Depreciation, Master Data, Acquisitions, Retirements, Depreciation, Transfers, Period/Year end Closing and Reporting - Understanding of below terms: - Acquisition: 1. Acquisition with Vendor 2. Acquisition with Auto-offsetting entry 3. Acquisition with Material Management-PO - Retirement: 1. Retirement of Assets with revenue (Sale) 2. Retirement of Assets without revenue (writing off) - Transfer: 1. Transfer within entity (Intra Company Transfers) 2. Transfer between two entities (Inter-company transfers) - Depreciation: 1. Ordinary Depreciation 2. Special Depreciation 3. Unplanned Depreciation Knowledge of SAP T-Codes for Fixed Assets module (preferable - Responsibilities: Graduate in Accounting B.COM/ Commerce MBA/M.COM with al least 15 years of education - Total work experience should be a minimum of 3-5 years in General Accounting including 0-2 years at least Fixed Assets process which includes but not limited to: - Fixed Asset accounting including asset adjustment, depreciation/amortization Fixed Asset Register (FAR) reconciliation. - Knowledge of Balance sheet reconciliations and reporting’s - Journal entries for accruals, prepaid, reclassification and intercompany adjustments - Experience with SAP Projects System or Internal Orders, Assets under Construction and Investment profiles is desirable. - Good understanding of Fixed Assets accounting, financial analysis, reporting and audit related to FA activities. - Should be able to handle Fixed Assets - Additions, Deletions, Transfers and Disposals , roll forwards and schedules - Should have good understanding of IAS 16, impairment of asset, revaluation of asset and accounting for borrowing cost. - Should have fair understanding on finance charges in respect of finance lease - Should have exposure to accounting of intangible assets. - Understanding of Asset Class, Chart of Depreciation, Master Data, Acquisitions, Retirements, Depreciation, Transfers, Period/Year end Closing and Reporting - Understanding of below terms: - Acquisition: 1. Acquisition with Vendor 2. Acquisition with Auto-offsetting entry 3. Acquisition with Material Management-PO - Retirement: 1. Retirement of Assets with revenue (Sale) 2. Retirement of Assets without revenue (writing off) - Transfer: 1. Transfer within entity (Intra Company Transfers) 2. Transfer between two entities (Inter-company transfers) - Depreciation: 1. Ordinary Depreciation 2. Special Depreciation 3. Unplanned Depreciation Knowledge of SAP T-Codes for Fixed Assets module (preferable Qualifications: Bachelors or Masters Degree in commerce or finance(Graduate (Finance) , Post-Graduate (Finance) , B.COM, MBA/M.COM ) 3 - 6 years