Executive - F&A

The Executive – Fixed Assets plays a crucial role in supporting the fixed asset accounting processes within the organization. This position involves assisting with data entry, asset tracking, and providing support for capitalization, depreciation, and disposal activities. The role ensures compliance with internal procedures, maintains accurate documentation, and coordinates effectively with various internal teams under supervision to facilitate smooth operations.

Key Responsibilities

- Assist in the accurate entry and mapping of asset data to maintain up-to-date records.
- Support the updating of asset capitalization and completion dates to ensure timely financial reporting.
- Help process depreciation runs and post related accounting entries in adherence to service level agreements.
- Assist in preparing and maintaining documentation related to asset retirement and disposal, ensuring compliance with established procedures.
- Maintain tracking of Capital Work in Progress (CWIP) and support reconciliation activities to guarantee data completeness.
- Coordinate with internal stakeholders and business user teams to resolve issues promptly and provide quality support.
- Provide necessary data and assistance during audit periods to meet audit requirements.
- Collaborate with internal Shared Services Center (SSC) teams for quick resolution of open issues and escalations.
- Respond to queries raised by internal and external stakeholders, including taxation and secretarial teams.

Required Qualifications

- Bachelor’s degree in Commerce or a related field.
- Minimum of 1 to 3 years of relevant work experience in Accounts and Commercial Finance, preferably within a Shared Services Center (SSC) or Center of Excellence (CoE) environment.

Competencies

- Strong execution and results orientation.
- Effective teamwork and interpersonal influence.
- Problem-solving and analytical thinking skills.
- Planning and decision-making capabilities.
- High level of personal effectiveness and stakeholder focus.
- Ability to network and build capabilities within the team.
- Strategic orientation with social awareness and entrepreneurial mindset.
- Practical knowledge of transactional financial reporting.
- Proficiency in Finance and Accounting, particularly Record-to-Report (R2R) processes.
- Understanding of compliance and risk management principles.
- Familiarity with financial governance practices.

This role does not involve external interactions or financial dimensions but requires close collaboration with internal teams such as business users, SSC members, IT, and taxation/secretarial departments. The Executive – Fixed Assets is expected to contribute to maintaining the integrity of fixed asset records and supporting the overall financial governance framework within the organization.