Executive - Fixed Assets

JOB PURPOSE

The Executive- Fixed Asset will be required to deliver all FA accounting processes from the SSC. Will be responsible for creation of capitalization, revaluation of assets, processing of asset retire/disposal, depreciation run, FA sub-ledger reconciliation & monitoring of Clearing accounts

ORGANISATION CHART

KEY ACCOUNTABILITIES

Accountabilities    Key Performance Indicators
Operations:
    Conduct asset class mapping 
    Process asset retirement/disposal and deletion process effectively 
    Run asset depreciation and post depreciation entries with change/ closure of fiscal year
    Conduct CWIP asset monitoring process
    Conduct asset capitalization for assets requiring and not requiring commissioning
    Accountable for meeting and prioritizing own targets/ deadlines and those of others within agreed standards and procedures
    Display good team player skills
    Effective communication of issues across working groups
    Provide information to the TL on work accomplishments, problems, progress in work processes, individuals and team needs
    Provide quality service/ advice in accordance with agreed service standards
    Effective communication and management of internal customers for FA accounting processes        % on-time capitalization of assets
    % on-time updation of asset completion date
    % on-time accurate depreciation run for fixed assets
    % accuracy in asset class mapping
    Average TAT for asset capitalization
    Average TAT for updating asset completion date
    No. of escalations from customers on FA accounting processes
Improvements:
    Suggest projects to improve processes within Fixed Asset Accounting        No. of procedure changes raised with Review panel
    No. of IT Change Requests logged
Ad hoc activities
    Participate in other ad-hoc activities assigned by Team Lead or Management requirements        Timeliness
 

EXTERNAL INTERACTIONS

None

INTERNAL INTERACTIONS

FINANCIAL DIMENSIONS

OTHER DIMENSIONS

EDUCATION QUALIFICATIONS

• Bachelor’s degree in Commerce

Min. 1+ years’ work experience in Accounts & Commercial (Finance) in an SSC/CoE set up

RELEVANT EXPERIENCE

COMPETENCIES