Executive - Fixed Assets

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 activities related to asset capitalization, depreciation, and disposal. The role ensures compliance with internal procedures and proper documentation while coordinating effectively with various internal teams under supervision.

Key Responsibilities

- Assist in accurate asset data entry and mapping activities to maintain up-to-date fixed asset records.
- Support the process of asset capitalization and ensure timely updates of completion dates.
- Help execute depreciation runs and post related accounting entries in line with service level agreements.
- Assist in preparing documentation for asset retirement and disposal, ensuring compliance with established procedures.
- Maintain tracking of Capital Work in Progress (CWIP) and support reconciliation efforts to ensure data completeness.
- Coordinate with internal stakeholders and teams to resolve issues promptly and provide quality support.
- Provide assistance during audit periods by supplying required data and documentation.
- 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 departments.

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 with the ability to meet deadlines.
- Effective teamwork skills and interpersonal influence to work collaboratively across teams.
- Problem-solving and analytical thinking capabilities to address and resolve issues efficiently.
- Good planning and decision-making skills to prioritize tasks and manage workload.
- Personal effectiveness and accountability in delivering assigned responsibilities.
- Focus on stakeholder needs and maintaining strong professional relationships.
- Networking skills to engage with various internal teams and departments.
- Capability building and continuous learning mindset.
- Strategic orientation with an understanding of broader organizational goals.
- Social awareness and entrepreneurship to contribute proactively to process improvements.
- Practical knowledge of transactional financial reporting and Record-to-Report (R2R) processes.
- Familiarity with compliance, risk management, and financial governance principles.

This role does not involve any external interactions and has no direct financial or other dimensional responsibilities. The Executive – Fixed Assets reports to the Team Lead of Fixed Assets and works closely with business users, internal SSC teams, IT, and Taxation/Secretarial departments to ensure smooth operations and compliance with financial policies.