Process Lead - Fixed Assets Accounting

Lafarge Africa Plc; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Lafarge Africa Plc's Navi Mumbai shared services unit is seeking a Process Lead - Fixed Assets Accounting to manage asset records, period-end closures, and reconciliations with the General Ledger. You will prepare audit schedules and supervise associates in asset creation, capitalization, and tax classification.

The ideal candidate has 5–7 years in fixed asset accounting, strong knowledge of IFRS/iGAAP, SAP experience, and excellent stakeholder communication across levels.

Qualifications

• Bachelor's or Master's degree in Commerce, CA/ICWA/MBA (Finance).
• 5–7 years of experience in a similar role.
• Must have relevant experience in Fixed Asset Department in OpCo.
• Knowledge of Accounting Standards, Companies Act, IFRS, iGAAP.
• Ability to take a balanced short and long-term view when solving problems.
• Result oriented with high motivation for self-growth.
• Entrepreneurial spirit with high motivation and enthusiasm to learn.
• Ability to utilize information from a wide variety of sources.
• Excellent stakeholder engagement skills and ability to communicate effectively across all levels.
• Experience of SAP and working in cement or any other manufacturing industry preferable.

Responsibilities

• Master Data Management: asset creation, capitalization, disposition.
• Reconciling fixed assets records with G/L.
• Preparing reports and schedules for audits (ICS, HARP, iGAAP).
• Reconciling Sub Ledger to General Ledger.
• Supervise associates in preparing tax accounts.
• Oversee period-end fixed assets close and reports.
• Assist team lead with disputes, root cause analysis, and client queries.
• Oversee asset master creation ensuring HARP, IAAP and local tax classification.
• Participate in continuous improvement projects within Shared Services.
• Assist in schedules for statutory/internal audits and interact with auditors.

Skills

Fixed asset accounting

Stakeholder management

Communication

Problem solving

Team collaboration

Education

Bachelor/Master in Commerce; CA/ICWA/MBA Finance

Tools

SAP

Job description

Location: Navi Mumbai, MH, IN, 400708

Requisition ID: 19037

Shift: 11:30 am to 8:30 pm

Process Lead - Fixed Assets Accounting

About the role:

Scope:

The incumbent will be responsible for a range of activities related to Fixed assets accounting in captive sharedservice environment which includes Dealing with maintenance of assets records, performing period end closing activities,pertaining to reconciliation of fixed assets registers with G/L, Report & Schedule preparation for audit purpose etc.He/ She would need to contribute as per overall service framework so that he/ she meets or exceeds agreed KPIs and SLAs.

Key job responsibilities include:

• Master Data Management likes Asset creation/ Capitalization/ Disposition, etc.
• Performing reconciliation and reporting task like fixed assets reporting.
• Preparing reports and schedule for audit purposes likeICS, HARP and iGAAP etc.
• Reconciling of Sub Ledger to General Ledger
• Supervising Associates to Preparing Tax accounts on regular basis
• Supervising in preparation of period end fixed assets close &reports
• Assisting the team lead in dispute and Client query resolution, conducting root cause analysis, follow up etc
• Supervising associates in marinating assets master creation that takes care of HARP, IAAP & local tax classification
• Participating in continuous improvement projects within Shared services.
• Assisting the Associates to Preparing schedules for statutory, internal Audits and interacting with auditors
• Carry out people management responsibilities in accordance with the organisation's policies and applicable laws, including: o Plan, assign and direct work. o Appraise performance; provide feedback and coaching, and reward and discipline employees. o Provide opportunities for learning and self-development, and facilitate the development of technical competencies.
• Continuously strive to build a culture of high-performance.
• Facilitate effective teamwork and builds collaborative relationships internally and externallyacross other teams.
• Ensure that overall delivery of services to Opcos meets or exceeds agreed KPIs and SLAs defined between Operating Companies and BSC and is within a strong internal control framework.
• Collaborate with the Service Management team to understand and effectively implement SLA.
• Ensure that Internal Customer and Supplier issues are dealt with in accordance with the escalation process and push back where this is not the case

Desired candidate profile:

• Bachelors or Masters degree in Commerce preferably CA/ ICWA/ MBA (Finance)
• 5-7 years of experience in similar role
• Must have relevant experience in Fixed Asset Department in OpCo.
• Knowledge of Accounting Standard, Companies Act, IFRS, iGAAP.
• Ability to take a balanced short and long-term view when solving problems;
• Result oriented, with high level of motivation for self-growth.
• Entrepreneurial spirit with high motivation and enthusiasm to learn.
• Ability to utilize information from a wide variety of sources
• Excellent stakeholder engagement skills and ability to communicate effectively across all levels.
• Experience of SAP and working in cement or any other manufacturing industry will be preferable

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