Fixed Asset Analyst

Escorts; Faridabad District; On-site; INR 600,000 - 900,000; Full time

Job summary

Escorts is seeking a detail-oriented Fixed Assets Accountant to manage the assets ledger, perform depreciation, and ensure accurate capitalization for financial reporting. The role covers Record to Report (R2R) processes and GL accounting, including month-end closings, journal entries, and supporting audits with clear documentation.

ERP proficiency (SAP/Oracle) and strong Excel skills are preferred. Candidates should hold a finance-related degree and professional qualification such as CPA/ACCA;

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• CPA or ACCA professional qualification preferred.
• Experience in fixed assets accounting and R2R processes.
• Proficiency in accounting software and MS Excel; ERP knowledge a plus.

Responsibilities

• Manage fixed assets ledger: additions, disposals, and depreciation.
• Ensure accurate capitalization and conduct periodic inventories.
• Reconcile fixed asset accounts and resolve discrepancies.
• Participate in month-end/year-end closing and journal entries.

Skills

Analytical skills

Attention to detail

Communication skills

Teamwork

Time management

Education

Bachelor's degree in Accounting or Finance

CPA/ACCA preferred

Tools

MS Excel

SAP

Oracle

Job description

About the Role:

The candidate will be responsible for managing fixed assets accounting, ensuring accurate

records to support financial reporting and compliance. Additionally, the role will involve Record

to Report (R2R) processes and a strong understanding of General Ledger (GL) accounting.

Key Responsibilities:

1. Fixed Assets Accounting:

- Manage the fixed assets ledger, including additions, disposals, and depreciation.

- Ensure accurate and timely capitalization of fixed assets.

- Conduct periodic physical inventories of fixed assets.

- Reconcile fixed asset accounts and resolve discrepancies.

2. Record to Report (R2R):

- Participate in the month-end and year-end closing processes.

- Prepare and review journal entries related to fixed assets.

- Assist in the preparation of financial statements and reports.

- Ensure compliance with relevant accounting standards and policies.

3. General Ledger (GL) Accounting:

- Maintain a thorough understanding of the GL structure.

- Reconcile GL accounts and ensure accuracy.

- Assist in the development and implementation of GL accounting policies and procedures.

- Support audits by providing necessary documentation and explanations.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional accounting qualification (e.g., CPA, ACCA) is preferred.
• Proven experience in fixed assets accounting.
• Strong understanding of R2R processes and GL accounting.
• Proficiency in accounting software and MS Excel.
• Knowledge of ERP systems (e.g., SAP, Oracle) is an advantage.

Skills and Competencies:

• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills