Fixed Assets-Senior Associate

ACCA Careers; Maharashtra; On-site; INR 1,000,000 - 1,800,000; Full time

Job summary

ACCA Careers in Hinjewadi, Pune seeks a Senior Associate for Fixed Assets with 5–10 years experience. The role focuses on lease and fixed asset accounting, SAP FICO, and IFRS 16 compliance to ensure timely and accurate reporting.

The incumbent will manage asset capitalization, depreciation, and disposals, coordinate with auditors, and drive continuous process improvements in a fast-paced environment.

Qualifications

• Execute policies for accounting and reporting of leased assets.
• Handle tangible and intangible assets including capitalization, transfers and disposals in SAP.
• Maintain fixed assets schedules and depreciation calculations.
• Assist with CAMS transactions and asset policies.
• Support fixed assets verification and respond to auditors' queries.
• Hands-on with SAP FICO and REFX module preferred.

Responsibilities

• Execute asset accounting policies timely and accurately.
• Monitor capitalization, disposals, and asset transfers in SAP.
• Maintain fixed assets schedules and impairment reviews.
• Assist auditors with inquiries and provide documentation.
• Drive process improvements and systems enhancements.

Skills

Lease accounting

Fixed asset accounting

SAP FICO

MS Excel

IFRS 16 – Leases

Education

ACCA / Semi CA / CA / MBA

Job description

Designation: Senior Associate-Fixed Assets

Location: Hinjewadi, Phase 1, Pune

Experience: 5–10 Years

Qualification: ACCA/ Semi CA, CA, MBA

Primary Skill Set: Lease Accounting, Fixed Asset Accounting, SAP FICO

Job Description – Fixed Assets

• Execute policies, procedures, and processes for accounting and reporting of leased assets timely and accurately.
• Execute policies, procedures, and processes for accounting of tangible and intangible assets timely and accurately, including, open PO review, capitalization, transfers, and disposals of fixed assets in SAP, determining fixed assets useful lives and depreciation rates and recognition of allowance for assets impairment loss. Maintain fixed assets schedules, including monitoring that Assets Under Construction and Fixed Assets Clearing Account to ensure assets are capitalized on a timely basis.
• Assist to monitor and resolve CAMS transactions, including educating business users on how to use CAMS and FA policies for lost and damage assets.
• Play a key role in driving fixed assets verification exercise and follow up on discrepancies and variances.
• Provide support to ensure auditors' queries and concerns are satisfactorily addressed.
• Assist in process improvement and systems enhancement.Any other ad hoc tasks and duties.
• 5+ years of fixed assets accounting or relevant experience. Preferably, IFRS 16 – Leases accounting experience or equivalent lease accounting experience.
• Hands-on experience with SAP Financial Accounting system, REFX module is preferred.
• Proficient in MS-Excel
• Ability to learn quickly.
• Meticulous and possess good communication and interpersonal skills.
• Positive working attitude and ability to work in a dynamic and fast-paced environment.
• Ability to handle high volume transactions.
• Able to multi-task, work independently and meet tight timelines.