Principal Accounting Coordinator

Topsoe; Dadri; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Topsoe in Noida is seeking a Principal Accounting Coordinator to lead the fixed asset accounting lifecycle, manage asset master data, and ensure compliance with accounting standards.

The role requires extensive SAP S/4HANA experience, AUC oversight, depreciation processing, asset disposals, and close-control responsibilities within a global team.

Qualifications

• Bachelor’s / Master’s degree in Accounting, Finance, Commerce, or a related discipline.
• 68 years of experience in fixed asset accounting, asset management, and/or R2R processes.
• Hands-on experience with SAP S/4HANA, Asset Accounting and related finance processes.
• Experience with Assets Under Construction, capital projects and project settlement, monthly depreciation runs, asset acquisitions and capitalization, asset transfers and disposals, and physical asset verification.
• Knowledge of BlackLine or similar closing tool for account reconciliations and close management.
• Strong understanding of accounting principles and fixed asset accounting standards.
• Experience supporting audits and maintaining a robust control environment.
• Experience with process standardization, automation, or continuous improvement methodologies.

Responsibilities

• Manage the complete fixed asset accounting lifecycle in SAP S/4HANA.
• Create, maintain, and validate asset master data in line with accounting policies and internal controls.
• Process asset acquisitions, transfers, capitalization, retirements, disposals, and write-offs.
• Monitor and manage Assets Under Construction (AUCs), including creation and maintenance, cost tracking, settlement and capitalization, and review of balances.
• Support accounting for capital projects and ensure accurate allocation of project costs.
• Execute and validate the monthly depreciation run.
• Review depreciation postings, exceptions, and unusual movements.
• Ensure accurate accounting for asset disposals, including gains or losses.
• Perform asset transfers between cost centers, locations, legal entities, and asset classes.
• Coordinate and support the annual physical asset verification/cycle count.
• Investigate and resolve differences between physical assets and SAP records.
• Ensure fixed asset records are complete, accurate, and compliant with company policies and accounting standards.

Skills

SAP S/4HANA

Fixed asset accounting

R2R processes

Asset data management

Close management

Depreciation run

Asset transfers & disposals

Audit support & controls

Education

Bachelor's / Master's degree in Accounting, Finance, or related discipline

Tools

BlackLine

Job description

Topsoe is hiring Principal Accounting Coordinator for Noida office.

Key Responsibilities

• Manage the complete fixed asset accounting lifecycle in SAP S/4HANA.
• Create, maintain, and validate asset master data in line with accounting policies and internal controls.
• Process asset acquisitions, transfers, capitalization, retirements, disposals, and write-offs.
• Monitor and manage Assets Under Construction (AUCs), including:
  • Creation and maintenance of AUCs.
  • Tracking project costs.
  • Settlement and capitalization of completed assets.
  • Review of aged and inactive AUC balances.
• Support accounting for capital projects and ensure accurate allocation of project-related costs.
• Execute and validate the monthly depreciation run.
• Review depreciation postings, exceptions, and unusual movements.
• Ensure accurate accounting treatment for asset disposals, including calculation of gains or losses.
• Perform asset transfers between cost centers, locations, legal entities, and asset classes.
• Coordinate and support the annual physical asset verification/cycle count process.
• Investigate and resolve differences between physical assets and SAP records.
• Ensure fixed asset records are complete, accurate, and compliant with company policies and applicable accounting standards.

Required Qualifications and Experience

• Bachelors / Masters degree in Accounting, Finance, Commerce, or a related discipline.
• 68 years of experience in fixed asset accounting, asset management, and/or R2R processes.
• Strong hands-on experience with SAP S/4HANA, particularly Asset Accounting and related finance processes.
• Practical experience with:
  • Assets Under Construction.
  • Capital projects and project settlement.
  • Monthly depreciation runs.
  • Asset acquisitions and capitalization.
  • Asset transfers and disposals.
  • Physical asset verification and annual cycle counts.
  • Fixed asset subledger and general ledger reconciliations.
• Experience using BlackLine or similar closing tool for account reconciliations and close management.
• Good understanding of R2R processes and month-end/year-end close activities.
• Strong knowledge of accounting principles and fixed asset accounting standards.
• Experience supporting audits and maintaining a robust control environment.
• Experience with process standardization, automation, or continuous improvement methodologies.

Key Skills and Competencies

• Strong analytical and problem-solving abilities.
• Excellent attention to detail and data accuracy.
• Ability to manage multiple priorities and meet close deadlines.
• Strong communication and stakeholder management skills.
• Ability to investigate issues and drive them through to resolution.
• Good understanding of financial controls and compliance requirements.
• Proactive approach to process improvement.
• Ability to work independently as well as collaboratively in a global team.