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Associate Manager - Fixed Assets

Date:  19-Nov-2022
Location: 

Hyderabad, IN

Company:  GMR Infrastructure Ltd.

JOB PURPOSE

To oversee day to day accounting of Fixed Assets i.e. acquisition, retirement, internal movement of assets and support in verification, reconciliation and ensure timely and accurate month end / Quarter End and Year end closing and reporting.

ORGANISATION CHART

KEY ACCOUNTABILITIES

Duties and responsibilities 1. To Oversea day to day fixed assets accounting and to guide the team with accounting issues.

2. Ensure timely Completion of Asset Capitalization, Retirement, Depreciation and month end settlement,

3. Monitoring the Capital work in progress and ensure timely capitalization to Assets.

4. To ensure timely reconciliation of consumption booking and conversion to CWIP.

5. To co-ordinate with all user department like IT / Project / FMS for understanding nature of assets and map depreciation key and useful life.

6. To maintain FAR as per Companies Act and ensure that should reconcile with GL.

7. Ensure timely settlement of Internal order and WBS.

8. Support in physical verification of Fixed Assets.

9. Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.

10. To Ensure smooth closure of all the Audit including Statutory, Tax, internal audits.

11. To actively participate and contribute in Projects and Key initiatives from Finances.

12. Conduct analyses related to fixed assets as requested by management.

13. Track budget Vs Actual capital Expenditure.

14. Publish month end, Quarter end MIS as per the agreed SLA.

15. Recommend any updates to accounting policies related to fixed assets.

16. Support in Assign tag numbers to fixed assets

EXTERNAL INTERACTIONS

None

INTERNAL INTERACTIONS

FINANCIAL DIMENSIONS

None

OTHER DIMENSIONS

Handle a Team strength of 6+ FTE’s

EDUCATION QUALIFICATIONS

 

  • CA / CMA with 4 - 7 Years of Experience.

RELEVANT EXPERIENCE